DFNS 1.01 - .02
Normally, I'm not crazy about adding "celebrities" to a BOD but with DFNS, this may help to get their armor products directly to our troops, as they are sorely needed. This has got to be one that will do well next year.
Retired General Richard D. Hearney Joins Defense Industries International Board of Directors
Business Wire - December 29, 2004 15:37
ASHKELON, Israel, Dec 29, 2004 (BUSINESS WIRE) -- In BW5200 issued Dec. 17, 2004: In the CONTACT section of the release issued Dec. 17, 2004, the U.S. phone number should read: US 1-866-447-8633 (sted US 1-866-776-9688).
The corrected release reads:
RETIRED GENERAL RICHARD D. HEARNEY JOINS DEFENSE INDUSTRIES INTERNATIONAL BOARD OF DIRECTORS
Defense Industries International, Inc. (OTCBB:DFNS), a leading manufacturer and global provider of personal military and civilian protective equipment and supplies, today announced that General Richard D. Hearney (USMC, ret) will join Defense Industries' Board of Directors.
General Hearney has had an illustrious career. In 2002, he founded RDM Strategies in an effort to help innovative companies apply their technologies to protecting the U.S. homeland. Prior to this, General Hearney served as president and chief executive officer of Business Executives for National Security (BENS), a national, nonpartisan organization of U.S. business leaders.
Until 1999, General Hearney served as vice president of the Military Aircraft and Missile Systems Group for the Boeing Company. He joined the former McDonnell Douglas Corporation in 1996 as regional vice president of Business Development - Western Europe, and while in London, served as that company's senior representative in Europe.
General Hearney retired from military service in 1996 as Assistant Commandant of the Marine Corps. An aviator with three combat tours, General Hearney held command positions at the squadron, air group and air wing level. During Operations Desert Shield and Desert Storm, he served as Deputy Commander, 1st Marine Expeditionary Force. He also held numerous senior staff assignments, including Deputy Director for Operations, U.S. European Command and Deputy Chief of Staff for Requirements, Programs and Aviation, Headquarters Marine Corps.
General Hearney's personal decorations and medals include: the Defense Superior Service Medal; Legion of Merit with gold star; Distinguished Flying Cross; Bronze Star Medal with Combat "V," Purple Heart; Air Medal with Combat "V" and bronze numeral "30," and Navy Commendation Medal with Combat "V."
General Hearney holds a Bachelor of Arts degree from Stanford University and a Master of Arts degree from Pepperdine University. He is also a graduate of the Naval War College, Newport, Rhode Island.
Commenting on the new appointment, Joseph Fostbinder, CEO of Defense Industries, said: "We are honored and delighted to welcome General Hearney to our Board of Directors. His vast experience in the military and in the private sector, as a founder, business developer and advisor to companies in the security field, makes him perfectly suited for our Company. I am certain that he will prove to be a valuable resource for Defense Industries and assist us in enhancing our position in the military and civilian protective equipment markets."
General Hearney noted: "I believe there is a tremendous opportunity for Defense Industries' solid product line, and I'm looking forward to working with the Board and staff to achieve real growth in the U.S. market."
About Defense Industries International, Inc.
Defense Industries International, Inc. ("Defense Industries") (www.defense-industries.com) 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, bomb disposal suits and bullet-resistant vests and jackets; ballistic wall covers, helmets, plates and one-way protective windows; personal military equipment, battle pouch units and combat harness units; dry storage units, liquid logistics, 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 and individuals throughout the world. Customers include the Israel Defense Forces, the North Atlantic Treaty Organization (NATO), 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 and international ISO 9001 standards. Quality control in the Company's manufacturing facilities is performed according to ISO 9001; MIL.STD.105D; MIL-I-45208A (for the U.S. Armed Forces); AQAP (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.
Safe Harbor Statement
This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. 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-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. Neither the Company nor its agents assume responsibility for the accuracy and completeness of the forward-looking statements.
SOURCE: Defense Industries International
Integrated Investor Relations
Ayelet Shaked Shiloni, +972-3-6356790
US 1-866-447-8633
Fax: +972-3-7630506
ayelet@integratedir.com
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