BlastGard International, Inc. Announces Establishment of Advisory Board and Appointment of Initial Members.Energy Editors/Business Editors/Political Writers CLEARWATER, Fla.--(BUSINESS WIRE)--April 20, 2004 BlastGard International, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BLGA) is pleased to announce that it has established an advisory board with respect to internal operations, which includes advice regarding: a) the formation of corporate goals and their implementation; b) the financial structure, programs, and projects of the Company; c) corporate organization and personnel and; d) rendering advice with respect to any acquisition program of the Company. The Company has engaged Elliott H. Cole, a partner at Patton Boggs, a Washington, D.C. - based full-service law firm that specializes in international and trade law; and Colonel John C. Garrett, a Defense/Security advisor at Patton Boggs, as the initial members of the advisory board. "These gentlemen bring a breadth and depth of background and experience that complement the Company's strategic objectives," explains Jack Waddell, President and COO of BlastGard. "Given their extensive experience in creating product strategies and leading high-growth companies, we believe Mr. Cole and Colonel Garrett will allow BlastGard to maximize many of the opportunities we are presently working on, providing us with both general and project-specific oversight and direction." Mr. Cole is a partner at Patton Boggs and has practiced corporate law in Washington, D.C. for over 40 years, more than 30 of those years as a partner at Patton Boggs. Mr. Cole's expertise lies in the representation of early-stage companies. As a counselor of start-ups through mezzanine and later-stage financing, Mr. Cole assists with bringing companies in a wide range of businesses along to maturity. His broad-based contacts with financiers and investors have provided capital and management assistance to a number of the firm's clients over the years. Mr. Cole serves on the boards of several business, community and social organizations. He has been a Trustee of Boston University Boston University, at Boston, Mass.; coeducational; founded 1839, chartered 1869, first baccalaureate granted 1871. It is composed of 16 schools and colleges. for more than 20 years, having served on its Investment Committee and Community Technology Fund. Mr. Cole encourages the use of the firm's lawyers in the context of membership on the management team of business clients of the firm, furthering his philosophy that attorneys very often bring unique and valuable perspectives and contacts to business organizations and management. Mr. Cole is a member of the state bar of Massachusetts as well as the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). . Colonel Garrett has been serving as a Defense/Security Advisor for Patton Boggs since 1998 providing analysis and advice regarding defense and security matters, typically in the following areas: procedures and requirements for systems research and acquisition; integration of related requirements for infrastructure, logistic support Noun 1. logistic support - assistance between and within military commands logistic assistance support - the activity of providing for or maintaining by supplying with money or necessities; "his support kept the family together"; "they gave him emotional and maintenance; export control issues; and coordination of contracts for procurement, technology transfer, and co-production. Decorated during combat in Vietnam, Operation Desert Storm Noun 1. Operation Desert Storm - the United States and its allies defeated Iraq in a ground war that lasted 100 hours (1991) Gulf War, Persian Gulf War - a war fought between Iraq and a coalition led by the United States that freed Kuwait from Iraqi invaders; , and Somalia, Colonel Garrett served over 27 years in operational command and staff assignments. From 1994 through 1996 he commanded a Marine Expeditionary Unit A Marine air-ground task force (MAGTF) that is constructed around an infantry battalion reinforced, a helicopter squadron reinforced, and a task-organized combat service support element. It normally fulfills Marine Corps forward sea-based deployment requirements. (Special Operations Operations conducted in hostile, denied, or politically sensitive environments to achieve military, diplomatic, informational, and/or economic objectives employing military capabilities for which there is no broad conventional force requirement. Capable), a large and versatile force with a robust portfolio of capabilities ranging from no-notice special/clandestine missions to conventional operations. In this assignment, he worked hand in hand with U.S. Ambassadors, Regional U.S. Commanders in Chief, and host nation Heads of Service to develop security, force protection, training/exercise programs with the land, naval, and air forces of allied nations. He successfully accomplished critical operational missions including command of the 4,000 man U.S., Italian, Pakistani, and Bangladesh combined group that secured all U.N. forces in Somalia during Operation United Shield Operation United Shield was the name given to the US military operation of evacuating all remaining 6,200 UN peacekeeping troops from Somalia from January to March of 1995, the troops were made up of Americans, Pakistanis and Egyptians. in the Spring of 1995. Until joining Patton Boggs, he was assigned to the Pentagon in a variety of high-level posts. For the Quadrennial Defense Review
The Quadrennial Defense Review (QDR) is a report by the United States Department of Defense that analyzes strategic objectives and potential military (QDR QDR Quadrennial Defense Review (US DoD) QDR Quad Data Rate (Memory Technology) QDR Quality Deficiency Report QDR Quality, Durability and Reliability (Toyota Motor Company) ) Task Force, he analyzed reform proposals from the Office of the Secretary of Defense The Office of the Secretary of Defense (OSD) is part of the United States Department of Defense and includes the entire staff of the Secretary of Defense. It is the principal staff element of the Secretary of Defense in the exercise of policy development, planning, resource (OSD (1) (On-Screen Display) An on-screen control panel for adjusting monitors and TVs. The OSD is used for contrast, brightness, horizontal and vertical positioning and other monitor adjustments. ), and briefed his resulting recommendations daily to a four-star joint oversight committee. As Staff Planner, Joint Service Branch, he was the direct representative of the Commandant of the Marine Corps The Commandant of the United States Marine Corps is the highest ranking officer of the United States Marine Corps and a member of the Joint Chiefs of Staff, reporting to the Secretary of the Navy but not to the Chief of Naval Operations. to report on multi-service issues from the Joint Chiefs of Staff and OSD. Most recently, he served as Head, Requirements and Assessments Branch, Staff of the Chief of Naval Operations chief of naval operations n. pl. chiefs of naval operations Abbr. CNO The ranking officer of the U.S. Navy, responsible to the secretary of the Navy and to the President. , developing organizational vision and strategy for integration and implementation of the Department of the Navy budget; heading fiscal negotiations among all Department resource sponsors; and supervising the technical and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services of an extensive portfolio of private sector analysts and consultants. Mr. Garrett has extensive international experience and enjoys close professional relationships in the Department of Defense, the State Department, and the defense industry. About BlastGard International BlastGard International, Inc. was created to design, develop, manufacture and market proprietary blast mitigation materials. The Company's patent-pending BlastWrap(TM) technology effectively mitigates blast effects and suppresses post-blast fires. This unique technology can be used to create new finished products or to retrofit to existing products. While the need for this technology has always been present, the security and safety concerns resulting from the September 11, 2001 acts and the subsequent development of Homeland Security Noun 1. Homeland Security - the federal department that administers all matters relating to homeland security Department of Homeland Security executive department - a federal department in the executive branch of the government of the United States make the timing of the Company's emergence even more important. The Company's core market focus is on blast effects mitigation for the commercial sector, military, law enforcement and government agencies. BlastWrap(TM) is based upon well-defined principles and suppresses blast pressures by 50% or more. BlastWrap(TM) products are made from two flexible films arranged one over the other and joined by a plurality of seams filled with attenuating filler material (volcanic glass bead or other suitable two-phase materials), configurable (designed for each application) with an extinguishing coating that offers a revolutionary blast protection system against blast and fire/burn threats. BlastWrap(TM) is a blast mitigation assembly that can be wrapped around or conform to any shape. BlastWrap(TM) is a concept (not a chemical compound) from which blast protection products are built to save lives and reduce damage to valuable assets from explosions. Additional information on BlastGard can be found at http://www.blastgardintl.com. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward-looking statements that involve a number of risks and uncertainties. It is possible that the assumptions made by management are not necessarily the most likely and may not materialize. In addition, other important factors that could cause actual results to differ materially include the following: the Company's ability to market its products; the Company's ability to obtain additional funding; the Company's ability to obtain regulatory approvals on new products, the general economy; competitive factors; ability to attract and retain personnel; the price of the Company's stock; and other risk factors. The Company takes no obligation to update or correct forward-looking statements. |
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