Force Protection Files Form 10K for 2005.

LADSON, S.C. -- Force Protection, Inc. (OTCBB:FRPT), the manufacturer of the Buffalo and Cougar specialty armored vehicles, today announced the filing of its Form 10K annual report for fiscal year 2005. Total revenue for the twelve-month period ending December 31, 2005 was $49,712,829, representing a 384% increase in sales compared to the same period in 2004. The total cost of goods reported was $44,415,626, resulting in a gross profit of $5,297,203.

"2005 was a remarkable year for Force Protection," said Vice President for Finance Richard Hamilton. "We have made the transition from a start-up, niche manufacturer to an established, mainstream defense contractor. In addition, our year-end financial results reflect both a dramatic rise in sales as the demand for our vehicles continues to increase and a predicted front-end surge in expenses resulting from our need to rapidly grow the organization and expand our production capacity."

General and Administrative costs reported for the twelve-month period ending December 31, 2005 were $18,244,532, resulting in a net loss of $16,565,668.

"The company undertook an aggressive internal program of transformation," said Hamilton. "We developed the workforce and infrastructure necessary to maximize on the opportunity to become a market leader in producing armored vehicles capable of withstanding the effects of IED blasts.

"We fully expect that the short-term loss resulting from this one-time investment in internal capabilities will position Force Protection to reap substantial benefits over the long-term."

About Force Protection

Force Protection, Inc. manufactures ballistic- and mine-protected vehicles through its wholly owned subsidiary. 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.