Force Protection, Inc. Appoints New Director.LADSON, S.C. -- Force Protection, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :FRPT) today announced it has appointed U.S. Army Lieutenant General Roger G. Thompson, Jr., Retired, to the company's Board of Directors. The appointment marks a majority of independent shareholders on the Board, which is a prerequisite for Force Protection common stock to be listed on the NASDAQ Capital Market Originally called the NASDAQ Small Cap Market, NASDAQ announced a name change to the NASDAQ Capital Market on September 27, 2005. [1] The NASDAQ Capital Market exists for securities of smaller, less-capitalized companies (small caps) that do not qualify for . Thompson's appointment was effective December 26, 2006. "We are delighted to have General Thompson as our newest board member," said CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Gordon McGilton. "He has had a remarkable career that makes him a perfect fit for this position. We are doubly pleased as we look forward to his leadership and contributions and as we anticipate the Company's opportunities for continued expansion of its business model in the coming year." A veteran with more than three decades experience on active duty, Thompson currently provides executive leadership to the 128 local chapters of the Association of the United States Army The Association of the United States Army (AUSA) is a private, non-profit organization which primarily acts as an advocacy group for the United States Army. Founded in 1950, it has 125 chapters worldwide. (AUSA) throughout the world. Thompson commanded at all levels throughout the Army, including field artillery, transportation, logistics, and infantry units. He served three separate assignments on the Department of Army Staff, his last tour as Director of the Army Budget. Thompson completed his military career as the Deputy Commander in Chief, United States Transportation Command The unified command with the mission to provide strategic air, land, and sea transportation and common-user port management for the Department of Defense across the range of military operations. Also called USTRANSCOM. . In this position he was responsible for the daily operations supporting all military and commercial transportation for the entire Department of Defense. Thompson holds a Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies Degree from the United States Military Academy United States Military Academy, at West Point, N.Y.; for training young men and women to be officers in the U.S. army; founded and opened in 1802. The original act provided that the Corps of Engineers stationed at West Point should constitute a military academy, but , a Masters Degree in Business Administration from Syracuse University, and a Masters Degree in National Security and Strategic Studies from the Naval War College. He attended the Army's Command and General Staff College The Command and General Staff College (C&GSC) at Fort Leavenworth, Kansas is a United States Army facility that functions as a graduate school for U.S. military leaders. It was originally established in 1881 as a school for infantry and cavalry. and the Naval War College. About Force Protection Force Protection, Inc. manufactures ballistic- and mine-protected vehicles through its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. . These specialty vehicles are protected against landmines, hostile fire, and Improvised Explosive Devices (IEDs, commonly referred to as roadside bombs). Force Protection's mine and ballistic protection technology is among the most advanced in the world. The vehicles are manufactured outside Charleston, S.C. For more information on Force Protection and its vehicles, go to 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. |
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