Ann Arbor, Michigan – 2 May 2011 – FAAC Incorporated, part of Arotech Corporation’s (NasdaqGM: ARTX) Training and Simulation Division, is pleased to announce the recent delivery of two of its powerful MB-1500 transit simulation systems to the Champaign-Urbana Mass Transit District (CUMTD).
FAAC delivered to CUMTD:
Two MB-1500 municipal bus simulators
Instructor-controlled desktop simulator
Scenario Toolbox® scenario building software program
Custom-built geo-specific virtual driving world
The purchase of the FAAC driver training system was the result of a competitive bid process. CUMTD officials selected FAAC because its product provided not only the best value, but the most complete, comprehensive instructional tool on the market. In addition, FAAC representatives created an authentic virtual driving area to replicate sample trouble spots on local Champaign-area roadways.
“One of FAAC’s unique strengths in this market space is our ability to custom craft geo-specific driving terrain for customers,” said David Bouwkamp, Executive Director of Commercial Business Development. “This enables our customers to conduct training activities that will mitigate risk concerns that are specific to their own operation. Simulation is a powerful training medium, and it’s made even moreso when you combine it with specific, known trouble spots within an agency’s area of operation.”
FAAC Incorporated is the industry leader for providing driver training simulation solutions to the transit market. With an impressive number of industry-firsts under its belt, FAAC continues to adapt new technologies and training concepts into its products. The MB-1500 driver training system is a popular model of trainer. It provides a 225-degree field of view, operator controls, dash components, side instruments, and authentic vehicle dynamics. The physical footprint and price point of the system make it attractive for agencies who are limited in space and seek excellent training value, but who want to take advantage of the learning power the simulator system provides.
“The system has been very beneficial to us so far,” said Jim Dhom, Director of Safety and Training. “We have had very positive comments and our instructors are really excited about working with it.”
Dhom said he is preparing new operator and refresher curricula that his staff will begin using this summer.
Arotech’s Training and Simulation Division (ATSD) provides world-class simulation-based training solutions. ATSD develops, manufactures, and markets advanced high-tech multimedia and interactive digital solutions for engineering, use-of-force, and driver training simulations for military, law enforcement, security, municipal, and private industry personnel.
For more information on FAAC Incorporated and public safety products, please contact Clayne Woodbury at firstname.lastname@example.org, or visit FAAC’s website at faac.com.
Except for the historical information herein, the matters discussed in this news release include forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management’s current knowledge, assumptions, judgment and expectations regarding future performance or events. Although management believes that the expectations reflected in such statements are reasonable, readers are cautioned not to place undue reliance on these forward-looking statements, as they are subject to various risks and uncertainties that may cause actual results to vary materially. These risks and uncertainties include, but are not limited to, risks relating to: product and technology development; the uncertainty of the market for Arotech’s products; changing economic conditions; delay, cancellation or non-renewal, in whole or in part, of contracts or of purchase orders; dilution resulting from issuances of Arotech’s common stock upon conversion or payment of its outstanding convertible debt, which would be increasingly dilutive if and to the extent that the market price of Arotech’s stock decreases; and other risk factors detailed in Arotech’s most recent Annual Report on Form 10-K for the fiscal year ended December 31, 2008 and other filings with the Securities and Exchange Commission. Arotech assumes no obligation to update the information in this release. Reference to the Company’s website above does not constitute incorporation of any of the information thereon into this press release.
updated 5/31/2019 correction to contact name