Royal Oak, Michigan – December 1, 2015
-- Realtime Technologies, Inc (RTI), a part of Arotech Corporation's (NasdaqGM: ARTX) Training and Simulation Division,
announced today that its Senior Leaders will be moving around, some to conquer new endeavors and others to take the research
division to new heights.
Dr. Richard Romano, RTI founder, has accepted a teaching position with the University of Leeds located in Leeds, West Yorkshire, England. As Professor
Romano pursues his passion to teach within the Leeds simulation research department, RTI wishes him the absolute best. Romano will continue in a consultant
capacity with RTI and its customers which will maintain ties and bring added knowledge from his new research role.
With Dr. Romano's departure, Heather Stoner, Senior Project Manager, will now serve as RTI's Division Manager. After 9 years of side-by-side mentoring from Romano,
no other person can maintain operations and deliver success quite like Stoner.
When asked about Richard's departure, Heather reflected fondly on their time together, stating, "He knew exactly when to be a mentor and when to be a friend. He had such
a profound impact on all areas of the business...while he will be missed, we sure are happy for him."
While her passion may be in research, Stoner is poised to bridge the technical approach that research institutions require with the strategic approach that a business demands.
"Heather's passion for simulation and helping customers achieve their goals has driven RTI's success in becoming the leading choice for research and development simulation. RTI's continued success
and drive to remain as the best solution for researchers and developers of autonomous vehicles is exciting. The entire team is thrilled to have Heather in this leading role."
– David Bouwkamp, Executive Director Business Development
RTI's portfolio of new clients is expanding rapidly and with its recent notice-to-proceed on three new contracts, RTI's research simulators are now becoming industry-standard. With Heather at the helm,
RTI looks poised to build past performance into future growth.
Realtime Technologies, Inc.
Realtime Technologies Inc. (RTI) builds world class driving simulators for your research needs. RTI products: On- & Off-Road Simulators: including 6DOF & 3DOF motion bases. SimCreator: A graphical, hierarchical,
real-time simulation & modeling system. SimObserver: A stand-alone digital collection & review system. OverTilt: A Motion Drive Algorithm (MDA) that provides an advanced form of tilt coordination. SimVehicle: A
high-fidelity, multibody, real time vehicle dynamics model. Consulting: RTI offers custom software and hardware solutions.
For more information, please visit us at (www.simcreator.com).
Arotech's Training and Simulation Division
Arotech's Training and Simulation Division (ATSD) provides world-class simulation based training solutions. ATSD develops, manufactures, and markets an extensive array of trainers and simulators
that provide interactive and situational training for military, law enforcement and commercial customers. The division's Vehicle Simulation group provides high fidelity vehicle simulators for use
in operator training. The division's Air Warfare Simulations group provides weapon simulations used to train military pilots in the effective use of air launched weapons. The division's Use of
Force group provides training products focused on the proper employment of hand carried weapons and is marketed under the MILO Range nameplate.
Arotech's Training and Simulation Division consist of FAAC
MILO Range (www.ies-usa.com)
and Realtime Technologies (www.simcreator.com).
Arotech Corporation is a defense and security products and services company, engaged in two business areas: interactive simulation for military, law enforcement and commercial markets; and power
systems and batteries for the military, commercial and medical markets. Arotech operates through two major business divisions: Training and Simulation, and Power Systems.
Arotech is incorporated in Delaware, with corporate offices in Ann Arbor, Michigan, and research, development and production subsidiaries in Michigan, South Carolina and Israel.
For more information on Arotech, please visit Arotech's website at (www.arotech.com).
Except for the historical information herein, the matters discussed in this release include forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995, and are
subject to various risks and uncertainties that may cause actual results to vary materially. These risks and uncertainties are detailed in Arotech's most recent Annual Report on Form 10-K for the
fiscal year ended December 31, 2014, and other filings with the Securities and Exchange Commission.