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To: Tadsamillionaire who wrote (2931)	2/3/2006 8:53:33 AM
From: rrufff	Respond to of 6687

FRPT 1.73 Company's vehicles have yet to have a casualty in Iraq. Now has been revitalized with new financing. Force Protection Continues to Break Production Records Friday February 3, 8:43 am ET LADSON, S.C.--(BUSINESS WIRE)--Feb. 3, 2006--Force Protection, Inc. (OTCBB:FRPT - News), the leading armored vehicle manufacturer, said today its production rate has increased by 86 percent since November 2005, led by record production numbers in January. "This is the culmination of strategic planning and hard work," said CEO Gordon McGilton. "Mass producing vehicles of this type is a complex task. We are building the company to last, and that means maximizing our infrastructure to allow for high-volume production of our Cougar vehicle line, which is increasingly in demand." Force Protection was awarded a joint contract in May 2005 for more than 120 Cougar Joint Explosive Ordnance Rapid Response Vehicles (JERRV) funded by the Pentagon's Joint IED Defeat Task Force. To accommodate this requirement and others, the company substantially expanded its manufacturing processes and production facilities. "The increase in our average monthly output is a result of a systematic, consistent effort," said McGilton. "We have met or exceeded production expectations since November 2005. This reflects our commitment to becoming an assembly line manufacturer that can fully meet the needs of our customers." Force Protection produced and delivered seven Cougar JERRVs to the U.S. Marine Corps in November 2005, followed by nine vehicles in December and presented 13 more in January. The company intends to increase its monthly delivery schedule as it establishes a steady rate of production. "Our objective has been to establish a firm, steady rate of production which could then be duplicated to dramatically increase our production capacity to meet future demands," added McGilton. While the Marines administer the Cougar JERRV contract, all four branches of the armed forces will receive vehicles. "We are pleased to note that production of the Cougar JERRV is moving forward on schedule," said McGilton. "In addition, we would be remiss not to recognize that during this ramp up, we have also manufactured and delivered on time four Buffalo route clearance vehicles to the Marines." Force Protection's vehicles are in active operation with U.S. and Coalition forces. While the company does not publicize the exact number or locations of its vehicles, more than 90 are currently deployed in Iraq and Afghanistan. Based on orders already received, that number is expected to double by June 2006. 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 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. Contact: Policy Impact Strategic Communications Jeff Child, 202-737-5339 (Media Contact) jchild@policyimpact.com or Force Protection, Inc. Investor Relations, 843-740-7015, Ext. 306 investorrelations@forceprotectioninc.com -------------------------------------------------------------------------------- Source: Force Protection, Inc.