Force Protection, Inc. Continues Delivery of Armed Vehicles to U.S. Army in Iraq.LADSON, S.C. -- Force Protection, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :FRCP FRCP Fellow of the Royal College of Physicians. FRCP abbr. Fellow of the Royal College of Physicians ), the leading U.S. manufacturer of mine- and blast-protected vehicles for military and security personnel, announced today the shipment of two more Buffalo clearance vehicles to the U.S. Army in Iraq as its rate of production continues to increase. This shipment included a set of steel wheels and disc rollers used in demining Demining is the process of removing landmines or naval mines from an area. There are two distinct types of mine detection and removal: military and humanitarian. Mine clearance In the combat zone, the process is referred to as mine clearance. , and additional vehicle spares. "Our armed forces are facing the rising threat of landmine attacks and improvised explosive devices Noun 1. improvised explosive device - an explosive device that is improvised I.E.D., IED explosive device - device that bursts with sudden violence from internal energy (IEDs)," 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. Gale Aguilar. "They need vehicles that are specifically designed to protect them against these threats." In addition to this shipment, the Army recently ordered 15 more Buffalo mine-protected vehicles for use in Iraq. The total contract amount for this order is approximately $11.8 million. "Force Protection's vehicles fill a critical need," said Aguilar. "They provide the strength necessary to withstand these attacks and save lives while at the same time ensuring the mobility that enables our troops to complete their missions." The Buffalo is a mine clearance The process of removing all mines from a route or area. vehicle that has recently been approved by the Pentagon to be part of two test "hunter/killer" teams of lead convoy vehicles designated to detect and remove mines and IEDs. The unique technology of the Buffalo employs steel wheels and disc rollers, enabling it to withstand mine blasts and ensuring that other vehicles can safely follow. About Force Protection, Inc. 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 In insurance law, a combustion that cannot be controlled, that escapes from where it was initially set and confined, or one that was not intended to exist. A hostile fire differs from a friendly fire, which burns in a place where it was intended to burn, such as one confined , 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, visit http://www.forceprotectioninc.com. 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 United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. 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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