Honorable John E. Krings Joins Defense Industries International, Inc. as Lead U.S. Defense Industry Consultant.Business Editors LOS ANGELES--(BUSINESS WIRE)--Oct. 14, 2002 Defense Industry Veteran to Spearhead Company's Efforts to Further Develop Business Relationships and Increase Penetration In U.S. Government Markets Defense Industries International, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :DFNS), a leading manufacturer and global provider of personal military and civilian protective equipment and supplies, today announced that it has engaged Honorable John E. Krings as its lead U.S. Defense Industry Consultant. Hon. Krings will, amongst other things, be responsible for introducing Defense Industries International, Inc. to both industry and government decision makers, guide entry to U.S. markets that are compatible with the Company's products and grow business relationships with U.S. Government Agencies. Joseph Fostbinder, President of Defense Industries International, Inc. commented, "We are very proud to welcome Hon. John E. Krings to our team as the Company's lead U.S. Defense Industry Consultant." Mr. Fostbinder further commented, "His proven track record of success in everything he does, paired with his strong and established relationships throughout the Defense Industry, make him an invaluable asset to Defense Industries International, Inc." Following his engagement as Defense Industries International, Inc.'s lead U.S. Defense Industry Consultant, Hon. John E. Krings stated, "I am honored to be associated with Defense Industries International, Inc. and am looking forward to introducing the Company's innovative and continuously evolving product line to the U.S. marketplace." Hon. Krings went on to say, "To me, the Company's patented Ballistic Wall Covering presents an opportunity in the Defense Industry that is second to none and I am looking forward to being deeply involved in the successes that are expected to grow out of this and many of the other innovative products Defense Industries International, Inc. has to offer." About Honorable John E. Krings Honorable John E. Krings is recognized as a national leader in evaluating defense and aviation systems. He has unique personal experience in the total spectrum of defense systems operational requirements (programming) operational requirements - Qualitative and quantitative parameters that specify the desired capabilities of a system and serve as a basis for determining the operational effectiveness and suitability of a system prior to deployment. and knows what it takes for new defense programs to succeed through experience in military service, industry management and government executive leadership. Hon. Krings has extensive experience in innovative design, high technology engineering, information assurance systems, international and domestic competitive marketing and independent testing. Hon. Krings earned a bachelor's degree in chemistry and physics from Louisiana State University Louisiana State University and Agricultural and Mechanical College, generally known as Louisiana State University or LSU, is a public, coeducational university located in Baton Rouge, Louisiana and the main campus of the Louisiana State University System. . His military experience includes thirteen continuous years as a combat-ready Air Force and Air National Guard fighter pilot, test pilot, nuclear weapons expert and operational leader. Hon. Krings has thirty years experience in aerospace design, engineering, testing, marketing and management with McDonnell Douglas McDonnell Douglas was a major American aerospace manufacturer and defense contractor, producing a number of famous commercial and military aircraft. It merged with Boeing in 1997 to form The Boeing Company. Corporation. He progressed from production test pilot through experimental to Chief Test Pilot and Director of Flight Operations. He personally invented aircraft systems that are the standard for all contemporary military and emerging civil aircraft. He also planned, managed and executed significant F-4, F-15 and F-18 test programs. Hon. Krings was the marketing leader and demonstration pilot for the sale of 5000 F-4's, F-15's to Israel, Japan and Saudi Arabia Saudi Arabia (sä `dē ərā`bēə, sou`–, sô–), officially Kingdom of Saudi Arabia, kingdom (2005 est. pop. , and F-18's to Canada, Australia and Spain. He was also the Corporate Marketing Director for all McDonnell Douglas Corporation Navy and Marine Corps Programs. Hon. John E. Krings was appointed by President Reagan as the first Director, Operational Test and Evaluation (testing) operational test and evaluation - (OT&E) Formal testing conducted prior to deployment to evaluate the operational effectiveness and suitability of the system with respect to its mission. (DOT&E), Department of Defense (DOD (1) (Dial On Demand) A feature that allows a device to automatically dial a telephone number. For example, an ISDN router with dial on demand will automatically dial up the ISP when it senses IP traffic destined for the Internet. ), at the level of Assistant Secretary of Defense. He has worked directly for the Secretary of Defense and the Congress; developed and organized the Office of DOT&E: $25M DOD test operating budget Noun 1. operating budget - a budget for current expenses as distinct from financial transactions or permanent improvements budget items, operating cost, operating expense, overhead - the expense of maintaining property (e.g. ; $125M budget for operational test resources; $1.3B centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. resources budget. He is a member of the Defense Resources Board and the Defense Acquisition Board. He has evaluated and reported independently to the Secretary of Defense and the Congress on all major weapons system operational test results regarding effectiveness and suitability as a prerequisite to military service weapons systems entering full production. About Defense Industries International, Inc. Defense Industries International, Inc. ("Defense Industries") (www.defenseindustries.net) is a leading manufacturer and global provider of personal military and civilian protective equipment and supplies. Defense Industries' subsidiary, Export Erez Ltd., was formed and registered in 1983. Defense Industries' main products include body armor Noun 1. body armor - armor that protects the wearer's whole body body armour, cataphract, coat of mail, suit of armor, suit of armour armet - a medieval helmet with a visor and a neck guard , bomb disposal suits and bullet proof vests and jackets; ballistic helmets, plates, wall covers and one-way protective windows; personal military equipment, battle pouch units and combat harness units; dry storage units, liquid logistics Liquid Logistics is a special category of logistics that relates to liquid products, and is utilized extensively in the "Supply Chain for Liquids" discipline. Standard logistics techniques are generally used for discrete or unit products. , tents and vehicle covers; and winter suits, sleeping bags and backpacks. Defense Industries' products are used by military, law enforcement, border patrol enforcement and other special security forces, corporations, non-governmental organizations “NGO” redirects here. For other uses, see NGO (disambiguation). A non-governmental organization (NGO) is a legally constituted organization created by private persons or organizations with no participation or representation of any government. and individuals throughout the world. Customers include the Israel Defense Forces, the North Atlantic Treaty Organization North Atlantic Treaty Organization (NATO), established under the North Atlantic Treaty (Apr. 4, 1949) by Belgium, Canada, Denmark, France, Great Britain, Iceland, Italy, Luxembourg, the Netherlands, Norway, Portugal, and the United States. (NATO NATO: see North Atlantic Treaty Organization. NATO in full North Atlantic Treaty Organization International military alliance created to defend western Europe against a possible Soviet invasion. ), the United Nations Peacekeeping Forces and other U.N. organizations. Defense Industries manufactures its own products, thereby enabling it to offer highly competitive pricing and to fulfill product orders on a rapid and efficient basis. Its manufacturing facilities meet American EQNET EQNET Earthquake Information Network and international ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9002 standards. Quality control in the Company's manufacturing facilities is performed according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. ISO 9002; MIL.STD (Subscriber Trunk Dialing) Long distance dialing outside of the U.S. that does not require operator intervention. STD prefix codes are required and billing is based on call units, which are a fixed amount of money in the currency of that country. .105D; MIL-I-45208A (for the U.S. Armed Forces); AQAP AQAP Allied Quality Assurance Publication AQAP Air Quality Attainment Plan AQAP Allied Quality Assurance Provision AQAP As Quickly As Possible (for the German Armed Forces and NATO); and the National Institute of Justice (N.I.J.). Defense Industries' strategic objective is to be the leading global provider of personal military and civilian protective equipment and supplies. Defense Industries intends to realize its strategic objective by, amongst other methods, selectively pursuing strategic acquisitions that enhance its product lines and geographic presence in an effort to consolidate its highly fragmented industry and to create a more diverse and global reach in its marketplace. FORWARD LOOKING STATEMENTS This data sheet includes "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). These statements involve known and unknown risks, uncertainties, and other factors that may cause the Company's or its industry's results, levels of activity, performance, or achievements to be significantly different from any future results, levels of activity, performance, or achievements expressed or implied by such forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "potential," or "continue" or the negative of such terms or other comparable terminology. Although management believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, events, and levels of activity, performance, or achievements. Neither the Company nor its agents assume responsibility for the accuracy and completeness of the forward-looking statements. Certain statements contained in this press release are "forward-looking statements" within the meaning of applicable federal securities laws, including, without limitation, anything relating or referring to future financial results and plans for future business development activities, and are thus prospective. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified based on current expectations. Such risks and uncertainties include, without limitation, the risks and uncertainties set forth from time to time in reports filed by the company with the Securities and Exchange Commission. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Consequently, future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward the forward-looking statements contained herein. The company undertakes no obligation to publicly release to these forward-looking statements made to reflect events or circumstances after the date hereof. This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of risks and uncertainties impacting the Company's business including increased competition; the ability of the Company to expand its operations through either acquisitions or internal growth, to attract and retain qualified professionals, and to expand commercial relationships; technological obsolescence ob·so·les·cent adj. 1. Being in the process of passing out of use or usefulness; becoming obsolete. 2. Biology Gradually disappearing; imperfectly or only slightly developed. ; general economic conditions; and other risks detailed time to time in the Company's filings with the Securities and Exchange Commission (SEC). |
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