United Defense and German Company Team for Decon Systems; New Team Targets U.S. Market.Business Editors/Health/Medical Writers ARLINGTON, Va.--(BUSINESS WIRE)--June 1, 2004 United Defense Industries, Inc. (NYSE NYSE See: New York Stock Exchange :UDI (1) (Unified Display Interface) A digital interface from the United Display Interface SIG that is designed to replace the analog VGA interface common on CRTs and flat panel monitors. UDI is expected to provide backward compatibility with DVI and HDMI interfaces. ) and OWR, AG of Germany, have signed a joint marketing and cooperation agreement to provide proven decontamination decontamination /de·con·tam·i·na·tion/ (de?kon-tam-i-na´shun) the freeing of a person or object of some contaminating substance, e.g., war gas, radioactive material, etc. de·con·tam·i·na·tion n. compounds and applicators to the United States for Department of Defense and Department of Homeland Security Noun 1. Department of Homeland Security - the federal department that administers all matters relating to homeland security Homeland Security executive department - a federal department in the executive branch of the government of the United States chemical and biological decontamination requirements. OWR, located in Rittersbach, Germany, has been producing decontamination equipment for over 40 years. Their products and services have been used throughout the world, especially in Europe, the Middle East, and Asia. They also support 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. ) with critical decontamination systems. The OWR approach to any decontamination problem has been to provide decontaminates, emulsion mixers, and applicators for a total system solution to eliminate chemical and biological agents. OWR provides important equipment aboard the U.S. Army's Fox NBC Reconnaissance Vehicle, and supports the U.S. Special Operations Command A subordinate unified or other joint command established by a joint force commander to plan, coordinate, conduct, and support joint special operations within the joint force commander's assigned operational area. Also called SOC. See also special operations. (SOCOM SOCOM Special Operations Command (US DoD) ) with portable, hand-held applicators and GD5 liquid decontaminate. "In our continuing drive to bring cost effective solutions to the U.S. Departments of Defense and Homeland Security, United Defense is excited about this teaming with OWR, the world's recognized leader in decontamination solutions," said Tom Rabaut, 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. and President of United Defense. "Given our number one position in the world decontamination market, OWR is well-prepared to provide the United States the critical chemistry and distribution systems necessary to quickly and effectively deal with chemical and biological agents through our United Defense teammate," said F.-Peter Reis, Chief Executive Officer of OWR, AG. About United Defense United Defense designs, develops and produces combat vehicles, artillery, naval guns, missile launchers and precision munitions mu·ni·tion n. War materiel, especially weapons and ammunition. Often used in the plural. tr.v. mu·ni·tioned, mu·ni·tion·ing, mu·ni·tions To supply with munitions. used by the U.S. Department of Defense and allies worldwide, and provides non-nuclear ship repair, modernization and conversion to the U.S. Navy and other U.S. Government agencies. To learn more about United Defense, visit http://www.uniteddefense.com. About OWR, AG OWR, AG designs, develops and produces total systems solutions for the decontamination of chemical and biological agents, and nuclear fallout. OWR equipment is fielded world-wide, including countries in Europe, the Middle East, and Asia, and military organizations supporting NATO operations. To learn more about OWR, AG, visit http://www.owr.de. Forward-Looking Statements Information in this release may involve guidance, expectations, beliefs, plans, intentions or strategies regarding the future. These forward-looking statements involve risks and uncertainties. All forward-looking statements included in this release are based upon information available to United Defense Industries, Inc., as of the date of the release, and we assume no obligation to update any such forward-looking statements. The statements in this release are not guarantees of future performance and actual results could differ materially from our current expectations. Numerous factors could cause or contribute to such differences. Please refer to the Company's Annual Report on Form 10-K for the year ended December 31, 2003 as well as its Quarterly Report on Form 10-Q for the quarter ended March 31, 2004, and in our other reports filed from time to time with the Securities and Exchange Commission for a further discussion of the factors and risks associated with our business. |
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