Armor Defense Systems, Inc. made an offer to acquire American Defense Systems, Inc. (OTCPK:ADFS) on June 13, 2012. Armor Defense will purchase shares in a cashless, tax-free one-for-one share exchange. The Board of Directors of Armor Defense Systems has approved the tender offer. The offer is conditioned on a minimum of 90% of the outstanding shares of American Defense being tendered and will expire upon the earliest of 90% of the issued and outstanding shares of the Subject Company being tendered or on July 27, 2012. As of June 18, 2012, American Defense stockholders are advised to take no action at this time pending the review of the offer by the Board of Directors. Direct Transfer, LLC acted as depository bank for American Defense. Jeffrey M. Quick of Quick Law Group PC acted as legal advisor for American Defense. Armor Defense Systems, Inc. cancelled the acquisition of American Defense Systems, Inc. (OTCPK:ADFS) on June 20, 2012. The transaction was cancelled as Armor Defense Systems will re-evaluate American Defense Systems compliance with Section 5 of the Securities Act of 1933, as amended.