Simula Receives Marine Corps Order for SAPI Body Armor Plates.Business Editors PHOENIX--(BUSINESS WIRE)--Aug. 8, 2003 Simula A simulation language originating in the late 1960s that was used to model the behavior of complex systems. SIMULA was the original object-oriented language. (language) SIMULA - SIMUlation LAnguage. See Lund Simula, SIMULA 67, SIMULA I. Inc. (AMEX AMEX See: American Stock Exchange : SMU SMU Southern Methodist University SMU Solid (Waste) Management Unit SMU Saint Mary's University (Halifax, Nova Scotia; Philippines) SMU Singapore Management University SMU Saint Mary's University of Minnesota ) announced today that it has received a new delivery order from the US Army Robert Morris Acquisition Center - Natick Contracting Division for Small Arms Protective Inserts (SAPI (Speech API) A programming interface from Microsoft for speech recognition and synthesis. It provides a way for developers to enable their applications to receive text from and send text to voice devices. 1. ) body armor plates in support of the U.S. Marine Corps. The delivery order totals $3.3 million and all deliveries are scheduled to be completed by September 2004. The Company has announced a series of similar orders by the U.S. Army and U.S. Marine Corps over the last 10 months totaling $36.6 million. "We take great pride in protecting American lives with this lightweight body armor that we pioneered in 1998 and have consistently delivered to the Marines over the last five years, including for front-line operations in Iraq. Simula is proud to have fielded more SAPI plates to the armed services The Constitution authorizes Congress to raise, support, and regulate armed services for the national defense. The President of the United States is commander in chief of all the branches of the services and has ultimate control over most military matters. than any other supplier in the world," said Brad Forst, President & 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. . Simula designs and makes systems and devices that save human lives. Its core markets are aviation safety, personnel safety, and military ground vehicle safety. Simula's core technologies include inflatable restraints, energy-absorbing seating systems, advanced polymer materials, lightweight transparent and opaque armor products, personnel protective equipment and emergency bailout parachutes. For more information, go to www.simula.com. Safe Harbor statement under 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: This news release contains forward-looking statements that involve risks and uncertainties that may cause the Company's actual experience to differ materially from that which is anticipated. These forward-looking statements include statements about contract orders. Risks to the Company's business include on-going product procurements by military customers and other business factors described in the Company's periodic reports filed with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements to reflect unanticipated events or circumstances occurring after the date on which such statements are made. |
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