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To: Ken W who wrote (1394)	2/21/2003 1:56:38 PM
From: JoeinIowa	Read Replies (1) \| Respond to of 23958

Ken, Its like I write their press releases. LOL. Joe Press Release Source: DHB Industries Inc. DHB Industries Fires Back at NYC Councilman Eric Gioia Monday December 2, 3:13 pm ET CARLE PLACE, N.Y., Dec. 2 /PRNewswire-FirstCall/ -- DHB Industries Inc. (Amex: DHB - News), the market leader in the rapidly growing body armor industry, today fired back at New York City Councilman Eric Gioia, who alleged in a press conference yesterday that body armor provided to the New York City Police Department by DHB subsidiary Point Blank Body Armor Inc. is defective. "Recent tests of our bullet resistant vests by the New York City Police Department did not show the inadequate meeting of safety standards, as Councilman Gioia suggests," stated Sandra Hatfield, Chief Operating Officer of DHB Industries Inc., "Nor have any of our vests been deemed unusable due to manufacturing flaws. In short, our vests are not faulty, and this is nothing more than Union propaganda and mis-information. Our record stands on the hundreds of lives saved since 1973 wearing our body armor." "A disgruntled striking employee, Ubertino De La Cruz, is apparently motivated to create unfounded and unfavorable stories that co-workers indicated are intellectually dishonest and purposely harmful to the harmony of Plant Operations and Point Blank employees," continued Ms. Hatfield. "He continues to defame the manufacturing, testing and inspection criteria of Point Blank Body Armor. Only recently have we discovered that this striking employee concealed a long and lengthy criminal record. He has been placed on administrative leave pending further investigation. Public Officials should be wary of the testaments provided by such unreliable individuals." About DHB Industries Incorporated DHB Industries Inc.'s Armor Group is the market leader in the rapidly growing protective body armor industry. Its highly recognized subsidiaries, Point Blank Body Armor Inc. and Protective Apparel Corporation of America (PACA) are focused on the design, manufacture, and distribution of bullet resistant and protective body armor for military, law enforcement, and corrections in the US and worldwide. DHB Armor Group's customers include the U.S. Army, Air Force, Navy, Marines, Coast Guard, Secret Service, FBI, DEA, INS, ATF, NATO, U.S. Marshals, the NYC Police Department, the LA Police Department, and the California Highway Patrol. DHB Sports Group produces and markets a comprehensive line of athletic supports and braces which are merchandised through national superstore chains including Target and Wal-Mart, as well as private label distributors such as Meijer, Amerisource, Cardinal Health, and CDMA. DHB maintains facilities in Carle Place, NY, Oakland Park, FL, Jacksboro, TN, and Arlington, VA. To learn more about DHB Industries Inc., visit the website at dhbindustries.com.

To: Ken W who wrote (1394)	2/22/2003 2:45:00 AM
From: Crossy	Read Replies (2) \| Respond to of 23958

Ken, I looked on DHB recently. Like the company but the labour problem is really eating into their profits inflating SG&A levels to unattractive heights. I concluded to set aside the stock for the time being but consider buying into it once the union problem was solved. Company and the union are really playing hardball here for the time being.. apart from this you are right. They are undervalued. Catalyst for me would be solution of the labour problem. rgrds CROSSY