New York, NY – June 19, 2007 – Acro, Inc. (OTC BB:ACRI), a developer of explosive detection solutions, today announced the resignation of Ehud Barak, Israel's former prime minister, from its advisory board, following his appointment as Israel's minister of defense.
"We were very pleased to have Mr. Barak on our advisory board," said Gadi Aner, Acro chairman and CEO. "We thank him for his faith in Acro, and wish him a lot success in his role as Israel's minister of defense."
Barak, who joined Acro's advisory board in April 2006, served as Israel's prime minister from 1999 through 2001 and as Israel Defense Forces chief of staff from 1991 to 1995.
Acro is actively pursuing a replacement for Barak.
Acro's revolutionary patented peroxide explosive tester – ACRO-P.E.T. – is an innovative pen-like tester that can identify peroxide-based explosives, such as Triacetone Triperoxide (TATP), which may appear in a variety of shapes and forms, including liquid explosives. Peroxide-based explosives are almost impossible to identify, since they do not contain nitro groups and are colorless.
About Acro, Inc.
Acro, Inc. develops explosives detection technologies. The company has developed a unique patented technology for identifying peroxide-based explosives, such as TATP. Acro’s Advisory Board includes Prof. K. Barry Sharpless, winner of the 2001 Nobel Prize for Chemistry; and Prof. Richard A. Lerner, President and CEO of The Scripps Research Institute, considered one of the world’s most influential scientific institutes. For more information about Acro, visit www.acrosec.com.
Forward Looking Statement
This press release contains forward-looking statements concerning our marketing and operations plans. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. All forward-looking statements in this press release are made based on management's current expectations and estimates, which involve risks, uncertainties and other factors that could cause results to differ materially from those expressed in forward-looking statements. These statements involve a number of risks and uncertainties including, but not limited to, risks related to the evolving homeland security market, our ability to successfully market and sell our "TATP" Explosive Tester product worldwide, and the ability to successfully demonstrate to governmental national security agencies and national police forces solutions, general economic conditions and other risk factors. Acro does not undertake any obligation to update forward-looking statements made herein.
Media contact:
David Kanaan
Kanaan Public Relations
Tel: +972-3-540-8188
E-mail:david@kanaan.co.il
Investor contact:
Morgen Scott
Innercomm – IRG
Tel: +1-800-305-1161
E-mail: mscott@innercomm.com
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