Force Protection, Inc. to Provide Armored Vehicle for Transport by Blackwater USA.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 manufacturer of blast-protected vehicles deployed with U.S. forces in Iraq, announced today the delivery of its first Cougar cougar: see puma. cougar or puma or mountain lion or panther Species (Puma concolor) of large, graceful cat that lives in a wide variety of habitats in the Americas, from southern Alaska to Patagonia. Security Vehicle (SV) to Blackwater USA Blackwater USA is a private military company[2] founded in 1997 by Erik Prince and Al Clark. It has alternatively been referred to as a security contractor or a mercenary organization by numerous reports in the international media. for use as a transport vehicle for U.S. Provisional Coalition Authority officials in Baghdad. Blackwater USA, an industry leader in government outsourced solutions in training and security services Security services are state institutions for the provision of intelligence, primarily of a strategic nature, but also including protective security intelligence. Examples include the Security Service (MI5) and the Secret Intelligence Service (MI6) in the United Kingdom, and the for such organizations as the Department of Defense and the Department of State, customizes and executes solutions that meet law enforcement, defense, and 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 needs. "We are extremely pleased to provide our Cougar SV to Blackwater," said Force Protection Vice President for Sales Michael Aldrich. "Our vehicles incorporate the most advanced blast technology available in the world. They are saving the lives of our troops by protecting them from the threat of improvised explosive devices (IEDs) and similar threats. We are proud that they will be used to ensure the safety of civilian leaders in Iraq as well." Force Protection's vehicles have been in active operations for more than a year, where they are used to detect and remove IEDs and transport military personnel. To date, no soldier using the vehicles has sustained significant injury. "The vehicles made by Force Protection have a proven track record," said Blackwater Vice President William Mathews. "They fill the critical role of providing the protection and mobility necessary for VIP transport in high threat areas. The Cougar SV will be a key component of our transport services to coalition leaders." Ladson, S.C.-based Force Protection, Inc. produces two classes of armored vehicles. The Cougar series is a family of medium-size mine-protected vehicles that can be supplied in four-wheel or six-wheel models. The vehicles can be configured for a wide range of tasks including troop transport of up to 10 personnel, Explosive Ordnance Disposal The detection, identification, on-site evaluation, rendering safe, recovery, and final disposal of unexploded explosive ordnance. It may also include explosive ordnance which has become hazardous by damage or deterioration. Also called EOD. (EOD EOD abbreviation for every other day; used in medical records. ), command and control, reconnaissance and lead convoy vehicle. The Buffalo, a clearance vehicle, has been approved by the Pentagon to be part of a newly devised hunter-killer team concept that will lead convoys against the threat of mines and IEDs. The Buffalo incorporates blast protection technology with automotive components made by such companies as Caterpillar Inc. (NYSE NYSE See: New York Stock Exchange :CAT), Allison Transmission, a division of General Motors (NYSE:GM) and Mack Trucks, Inc., a division of Volvo Group (Nasdaq:VOLVY). More than 20 Buffalo vehicles are in active operation in Iraq. 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 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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