quote:

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Originally posted by stevie_72:
three PR's up 11% this is going to be big

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today it really moved - DOWN!

ME Armor to jointly develop electric propulsion system

June 28, 2004 06:00:00 (ET)

SOLANA BEACH, CA, Jun 28, 2004 /PRNewswire-FirstCall via COMTEX/ -- Armor Enterprises Inc. (ARME, Trade).

Armor Enterprises Inc. is pleased to announce that the Strategic Partner of Armor has signed an agreement with a North American company holding a patent on a high performance electric powered water pump which can be adapted for use on electric powered water craft. Armor is now in negotiations with this Strategic Partner to jointly develop the adaptation capability of this water pump to electric powered water craft and to receive the 'rights' to use this new technology for application in the Armor/Nova Communications Joint Venture specified in the June 17, 04 and June 23, 04 press releases.

About Armor Enterprises Inc.

Armor Enterprises Inc. is a leader in the design, manufacture, and distribution of electric battery power drive systems for land and water vehicles.

To learn more about Armor Enterprises Inc. please visit us at www.armorelectric.com.

This media release may contain forward-looking statements regarding, but not limited to, management, market potential, distributor success, market size, international sales, marketing, future events and performance of the Company which involve risks and uncertainties that could materially affect actual results. Investors should refer to documents that the Company intends to file with the SEC for a description of certain factors that could cause actual results to vary from current expectations and the forward-looking statements contained in this media release.

SOURCE Armor Enterprises, Inc.

Investor Relations, e. acg01@cablelan.net
(ARME)