The LifeJacket™, by Forward, is currently designed to protect both the iPad and iPad2 and is expected to begin shipping to customers this March. Future models are planned to address the broader tablet market and Forward looks forward to announcing the details of its full range of products incorporating DriPadz’ patent-pending technology and sales channels in the near future.
Note Regarding Forward-Looking Statements
This press release contains certain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that reflect Forward’s current expectations and projections about its future results, performance, prospects and opportunities. Forward has tried to identify these forward-looking statements by using words such as “may”, “should,” “expect,” “hope,” “anticipate,” “believe,” “intend,” “plan,” “estimate” and similar expressions. These forward-looking statements are based on information currently available to the Company and are subject to a number of risks, uncertainties and other factors that could cause its actual results, performance, prospects or opportunities in fiscal 2012 and beyond to differ materially from those expressed in, or implied by, these forward-looking statements. No assurance can be given that the actual results will be consistent with the forward-looking statements. Investors should read carefully the factors described in the “Risk Factors” section of the Company’s filings with the SEC, including the Company’s Form 10-K for the year ended September 30, 2011 for information regarding risk factors that could affect the Company’s results. Except as otherwise required by Federal securities laws, Forward undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, changed circumstances or any other reason.
About Forward IndustriesForward Industries, Inc. (NASDAQ:FORD), founded in 1961, is a leading global mobile technology solutions Company that leverages strategic intellectual property partnerships to provide unique and innovative products. For more information about Forward Industries, visit www.forwardindustries.com. About DriPadz LLC DriPadz ( www.driPadz.com) has developed and designed a highly demanded product in a real world environment. By incorporating the highest grades of materials and using a simplistic approach, our products are designed and tested in the most rugged conditions while meeting military standards.