Force Protection, Inc. Announces Insider Lockup Agreement and Transparency Project.

CHARLESTON, S.C. -- Force Protection, Inc. (OTCBB:FRCP) announced today that it is taking several steps to facilitate communication to investors. "We have designed a Transparency Project to provide timely information about our company to our shareholders and the marketplace," stated CEO Michael Watts. The Transparency Project includes a number of initiatives.

First, we plan to add Investor FAQ (Frequently Asked Questions) pages to our web site. "This will provide a forum for investors to find information about our Company in one centralized location," continued Mr. Watts.

Second, we will host a series of Public Open Houses at our facility in Ladson, South Carolina. The purpose of the Open Houses will be for investors to tour our facilities and see our products. The first Open House will be held on Friday, July 9, 2004 from 9 a.m. to noon. "We had hoped to arrange this Open House to coincide with Senator Lindsey Graham's visit on July 2, but we've had to settle for the following week," said Mr. Watts. The next Open House will be on September 10, 2004. "We will try to arrange an Open House each quarter. Because we have to work around those times when there is classified work going on, we will announce each date approximately a month in advance."

Third, we intend to publish a "Letter to Shareholders" at least once per quarter. The Letter to Shareholders will be distributed by press release and will also be available on the Investor Relations portion of our web site. Mr. Watts stated, "The purpose of the Letter to Shareholders is to discuss various things that affect our company, its products and business.

We have designed our Transparency Project partly in response to shareholder questions we receive. Although the federal securities laws, including Regulation Fair Disclosure, generally prohibit us from disclosing material information to individual shareholders, we will try to answer as many shareholder questions as possible in a public forum, where all investors can benefit and receive the information simultaneously. Mr. Watts stated, "Although we generally can not answer individual questions directly, we encourage investors to send their questions and comments to [e-mail]. We read and consider all investor communications and will attempt to answer as many questions as possible in our public communications."

Mr. Watts added, "I believe the Transparency Project will encourage investors to focus on our long-term business rather than daily chatter, rumors, and short term results." We are excited by our recent sales to the U.S. Marines and U.S. Army, as well as our ongoing discussions with several customers for potential additional sales," said Mr. Watts. "The performance of our vehicles demonstrates the importance of building mine and ballistic-protected vehicles from the ground up, as well as the superior technology our company has developed. I believe investors should focus on the potential to grow our company and produce financial results -- not the daily noise."

Separately, the Company announced that it has taken steps to limit sales of the Company's stock made by insiders. The Board of Directors and Executive Officers of the Company have agreed, with very limited exceptions, not to sell any shares of Force Protection stock in the public markets until December 27, 2004. Additionally, all employees of the Company are required to request permission from the Chief Executive Officer or the General Counsel for any transactions in the Company's stock. The purpose of this approval system is to ensure that Directors, Officer and Employees comply with securities laws when buying or selling the Company's stock. However, we cannot withhold approval merely because such a transaction would be inconvenient.

About Force Protection, Inc.

Force Protection, Inc. manufactures and distributes vehicles that protect and save lives and property. Its subsidiary, Technical Solutions Group, Inc., (TSG) manufactures and markets military vehicles that are protected against landmines, hostile fire, and Improvised Explosive Devices (IEDs, commonly referred to as roadside bombs). Its mine and ballistic protection technology is among the most advanced in the world. The vehicles are manufactured outside Charleston, S.C. For more information, visit http://www.forceprotection.net.

This release contains forward-looking statements, including, without limitation, statements concerning our business, future plans and objectives and the performance of our products. These forward-looking statements involve certain risks and uncertainties ultimately may not prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Technical complications may arise that could prevent the prompt implementation of the strategic plan outlined above. The company cautions that these forward looking statements are further qualified by other factors including, but not limited to, those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise, except as required by law.