DHB Industries Receives $18.8 Million Delivery Order
23 January 2006 - 11:30PM
PR Newswire (US)
WESTBURY, N.Y., Jan. 23 /PRNewswire-FirstCall/ -- DHB Industries
Inc. (AMEX:DHB), announced today that its subsidiary, Point Blank
Body Armor, received an $18.8 Million delivery order from the
United States Military for accessories compatible with the
Interceptor(TM) Outer Tactical Vest (OTV). Production will begin
immediately. Commenting on the announcement, Larry Ellis, President
of DHB Industries, said, "We are pleased that US Military continues
to recognize the value that our advanced body armor products
provide in protecting men and women in our armed forces. DHB
strives to bring new and innovative products to the marketplace."
The U.S. Armed Forces worldwide are currently wearing the
Interceptor(TM) OTV, the lightweight body armor system developed to
protect against a variety of threats. Since 1998, Point Blank Body
Armor is a major supplier to the U.S. Military for the
Interceptor(TM) OTV, which is credited for saving the lives of
numerous soldiers serving in Iraq and Afghanistan." About DHB
Industries, Inc. DHB Industries Inc.'s Armor Group is in the
protective body armor industry. Its highly recognized subsidiaries,
Point Blank Body Armor Inc. (http://www.pointblankarmor.com/) and
Protective Apparel Corporation of America (PACA)
(http://www.pacabodyarmor.com/) are focused on the design,
manufacture, and distribution of bullet resistant and protective
body armor for military, law enforcement, and corrections in the
U.S. and worldwide. DHB Sports Group produces and markets a
comprehensive line of athletic supports and braces which are
merchandised through national superstore chains as well as private
label distributors. Safe Harbor Statement under the Private
Securities Litigation Reform Act of 1995: The Statements which are
not historical facts contained in this press release are
forward-looking statements, which are based largely on the
Company's expectations and are subject to various business risks
and uncertainties, certain of which are beyond the Company's
control. Words such as "expects," "anticipates," "targets,"
"goals," "projects," "intends," "plans," "believes," "seeks,"
"estimates," variations of such words, and similar expressions are
intended to identify such forward-looking statements. These
forward-looking statements are only predictions that speak as of
the date hereof and are subject to risks, uncertainties and
assumptions that are difficult to predict. Therefore, actual
results may differ materially and adversely from those expressed in
any forward-looking statements. Factors that might cause or
contribute to such differences include, but are not limited to,
those discussed in our reports on file with the Securities and
Exchange Commission. You are cautioned not to place undue reliance
on these forward- looking statements that speak only as of the date
hereof. We undertake no obligation to revise or update publicly any
forward-looking statements to reflect any change in the
expectations of our management with regard thereto or any change in
events, conditions, or circumstances on which any such statements
are based. Dawn Schlegel, CFO 516/997-1155 First Call Analyst: FCMN
Contact: dschlegel@dhbt.com DATASOURCE: DHB Industries Inc.
CONTACT: Dawn Schlegel, CFO of DHB Industries Inc.,
+1-516-997-1155, or Web site: http://www.dhbindustries.com/
http://www.pointblankarmor.com/ http://www.pacabodyarmor.com/
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