Arotech Prices Public Offering of Common Stock

                Arotech Prices Public Offering of Common Stock

PR Newswire

ANN ARBOR, Mich., Sept. 13, 2013

ANN ARBOR, Mich., Sept. 13, 2013 /PRNewswire/ --Arotech Corporation
(NasdaqGM: ARTX),  a provider of quality defense and security products for the
military, law enforcement and homeland security markets, today announced the
pricing of an underwritten public offering of 3,428,571 shares of its common
stock at a purchase price of $1.75 per share. The gross proceeds to the
Company from this offering are expected to be approximately $6 million, before
deducting underwriting discounts and other estimated offering expenses. In
addition, Arotech has granted the underwriters a 30-day option to purchase up
to an aggregate of 514,285 additional shares of common stock to cover
over-allotments, if any. All of the shares in the offering are to be sold by
Arotech. The offering is expected to close on September 18, 2013, subject to
customary closing conditions.

Arotech expects to use the net proceeds from the offering for general
corporate purposes, which may include increasing its working capital, reducing
its bank line of credit, funding research, development and product
manufacturing, acquisitions or investments in businesses, products or
technologies that are complementary to its own, and capital expenditures.

In connection with the offering, B. Riley & Co., LLC is acting as sole
book-running manager.

A shelf registration statement (No. 333-190808) relating to the shares of
common stock to be issued in the offering has been filed with the Securities
and Exchange Commission (SEC) and is effective. A preliminary prospectus
supplement and accompanying base prospectus relating to the offering was filed
with the SEC on September 12, 2013, and the final prospectus supplement and
accompanying base prospectus relating to the offering will be filed with the
SEC and will be available on the SEC's website located at www.sec.gov. In
addition, electronic copies of the final prospectus supplement and
accompanying prospectus, when available, may be obtained by contacting the
Compliance Department, B. Riley & Co., LLC, 11100 Santa Monica Blvd., Suite
800, Los Angeles, CA 90025 at (888) 295-0155 and at compliance@brileyco.com.

This press release does not constitute an offer to sell, or the solicitation
of an offer to buy, these securities, nor will there be any sale of these
securities in any state or other jurisdiction in which such offer,
solicitation or sale is not permitted.

About Arotech Corporation

Arotech Corporation is a leading provider of quality defense and security
products for the military, law enforcement and homeland security markets,
including multimedia interactive simulators/trainers and advanced zinc-air and
lithium batteries and chargers. Arotech operates two major business divisions:
Training and Simulation and Battery and Power Systems.

Arotech is incorporated in Delaware, with corporate offices in Ann Arbor,
Michigan, and research, development and production subsidiaries in Alabama,
Michigan, and Israel. For more information on Arotech, please visit Arotech's
website at www.arotech.com.

Investor Relations Contacts:

Ehud Helft & Kenny Green

CCG Investor Relations

Tel: 1 646 201 9246

arotech@gkir.com

Except for the historical information herein, the matters discussed in this
news release include forward-looking statements, as defined in the Private
Securities Litigation Reform Act of 1995. Forward-looking statements reflect
management's current knowledge, assumptions, judgment and expectations
regarding future performance or events. Although management believes that the
expectations reflected in such statements are reasonable, readers are
cautioned not to place undue reliance on these forward-looking statements, as
they are subject to various risks and uncertainties that may cause actual
results to vary materially. These risks and uncertainties include, but are not
limited to, risks relating to: product and technology development; the
uncertainty of the market for Arotech's products; changing economic
conditions; delay, cancellation or non-renewal, in whole or in part, of
contracts or of purchase orders (including as a result of budgetary cuts
resulting from automatic sequestration under the Budget Control Act of 2011);
and other risk factors detailed in Arotech's most recent Annual Report on Form
10-K for the fiscal year ended December 31, 2012 and other filings with the
Securities and Exchange Commission. Arotech assumes no obligation to update
the information in this release. Reference to the Company's website above does
not constitute incorporation of any of the information thereon into this press
release.

SOURCE Arotech Corporation

Website: http://www.arotech.com
 
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