Armor Defense Systems, Inc. made an offer to acquire American Defense Systems, Inc. (OTCPK:ADFS) for $1.1 million in stock on August 23, 2012. Armor Defense will purchase shares in a cashless, tax-free one-for-one share exchange. 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 American Defense being tendered or on September 25, 2012.

The Board of Directors of Armor Defense Systems has approved the tender offer. Direct Transfer, LLC acted as depositary to American Defense. Jeffrey M. Quick of Quick Law Group PC acted as legal advisor for American Defense.