The CFX light, which operates automatically when immersed in fresh or salt water, was designed for use in ferries and cruise ships.
Arotech Corporation (NasdaqNM: ARTX) announced today that its Electric Fuel battery subsidiary has successfully completed the necessary conformity tests for a new automatic life vest light. These tests are required by marine SOLAS (safety of life at sea) regulations, and lights cannot be sold without them. The CFX light, which operates automatically when immersed in fresh or salt water, was designed for use in ferries and cruise ships.
The CFX uses small lithium batteries similar to those used in standard cameras. The unique lightweight 2-piece design - battery with a tethered light - makes the CFX the light with smallest profile on the market, an important feature for ships where evacuation may take place in narrow chutes.
The CFX is the latest addition to the company's line of life vest lights sold since 1996. Arotech reports that Electric Fuel has sold over a million life vest lights into the marine and aviation markets.
"Till now we had limited access to the cruise and ferry markets, as they require a fully automatic light" said Robert S. Ehrlich, Arotech's chairman, president and CEO. "Our new CFX should enable us to increase sales of our safety lights division."
Published by Globes [online] - www.globes.co.il - on Thursday, January 22, 2004