To: jmhollen who wrote (69 ) 2/14/2005 8:55:20 PM From: Tadsamillionaire Respond to of 447 Force Protection Industries, Inc. Cites U.S. Army Budget, Need for More Armored Vehicles for Iraq Thursday February 10, 9:25 am ET LADSON, S.C.--(BUSINESS WIRE)--Feb. 10, 2005--Force Protection Industries, Inc. (OTCBB:FRPT - News), the leading manufacturer of mine and blast protected vehicles deployed in Iraq, said today that the Bush Administration's 2006 defense budget, which emphasizes force protection for U.S. combat troops, underscores the crucial role of armored vehicles in operations in Iraq and Afghanistan. In budgeting for next year, according to a Feb. 8 article in Stars & Stripes, "one area they (the Army) will attack is force protection." "The insurgency in Iraq has proven to be a complicated, dangerous and extremely challenging operating environment," said Force Protection Industries CEO Scott Ervin. "Vehicles of the sort produced by Force Protection Industries offer the type of protection against improvised explosive devices (IEDs) and similar threats that our soldiers need to successfully accomplish their missions." Force Protection's Buffalo mine clearance vehicle was recently featured in the January 27, 2005 Stars and Stripes article "'SUV On Steroids' Helps Protect Soldiers From Danger in Iraq." It describes how the Buffalo has been used by the Army's 1st Cavalry Division to clear nearly 36,000 kilometers of roads and find 222 IEDs in and around Baghdad. Soldiers interviewed in the story described the Buffalo as "24 tons of rolling steel" that have protected them from explosive threats. "Our vehicles fill a critical role in the war," said Ervin. "They are saving lives in the face of the devastating effects of IEDs, roadside bombs, and mine blasts. We are committed to continuing to provide this American-made solution for our troops." Fast becoming the hub for defense technology on the East Coast, Ladson, S.C.-based Force Protection Industries manufactures two classes of blast-protected vehicles deployed with U.S. forces in Iraq. The Buffalo is part of the Pentagon's hunter-killer team concept that leads convoys against the threat of mines and IEDs. It incorporates blast protection technology with automotive components made by such companies as Caterpillar Inc. (NYSE:CAT - News), Allison Transmission, a division of General Motors (NYSE:GM - News) and Mack Trucks, Inc., a division of Volvo Group (Nasdaq:VOLVY - News). More than 20 Buffalo vehicles are in active operation in Iraq. The Cougar series is a family of medium-size mine-protected vehicles that can be configured for a wide range of tasks including troop transport, Explosive Ordnance Disposal (EOD), command and control, reconnaissance and lead convoy vehicle. The first Cougar Security Vehicle (SV) was recently sold to Blackwater USA for transport of U.S. Coalition Provisional Authority officials. biz.yahoo.com