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IN THE NEWSForce Protection, Inc. Continues to Meet DemandPublisher: Force Protection, Inc.Date: 08/10/2006 Ladson, SC – Force Protection, Inc. (OCTBB:FRPT) continues to expand its production efforts to meet an increasing demand for its mine-protected vehicles. The manufacturer produced and delivered 11 Cougar Joint Explosive Ordnance Disposal Rapid Response Vehicles (JERRV) and two Buffalo Mine Protected Route Clearance (MPCV) vehicles to the U.S. government in July. “We have worked diligently to expand our facilities and methods to accommodate increasing demand for our vehicles,” said CEO Gordon McGilton. “We’ve made consistent progress in increasing production rates in the past nine months. We again met objectives for the Buffalo MPCV, and although we were one Cougar JERRV short of our expected output for July, we’ve made the necessary adjustments that will enable us to hit our goals in the fall.” Force Protection’s Cougar and Buffalo vehicles have been deployed with explosive ordnance disposal teams and engineers in Iraq and Afghanistan since 2003 without a fatality, despite more than 1,000 mine detonations and IED attacks. “Force Protection is committed to the constant improvement of our manufacturing processes,” said Vice President for Marine Corps Programs Wayne Phillips. “This has been reflected in our production performance since November 2005 as we have consistently met or exceeded vehicle delivery objectives. The methods we have now implemented will enable us to continue this upward trend throughout the rest of the year.” #### 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. Back |
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