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French Military Orders Buffalo Vehicles from Force Protection

Wed. July 23, 2008; Posted: 07:30 AM
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LADSON, S.C., Jul 23, 2008 (BUSINESS WIRE) -- FRPT | Quote | Chart | News | PowerRating -- Force Protection, Inc. (NASDAQ:FRPT) today announced that it will produce five Buffalo Category III vehicles for the French military under a contract modification to contract M67854-07-C-5039. The order totals $3.5 million and is scheduled for completion by November 2008. Work is to be performed solely by Force Protection Industries.

"We are proud to provide these vehicles to the French government," said Michael Moody, Chief Executive Officer of Force Protection. "This represents another important step in the continued growth of our international customer base. Force Protection's battle proven vehicle platforms continue to be the choice of our allied fighting forces throughout the world."

About Force Protection, Inc.

Force Protection, Inc. is a leading American designer, developer and manufacturer of life saving survivability solutions, predominantly ballistic- and blast-protected wheeled vehicles currently deployed by the U.S. military and its allies to support armed forces and security personnel in conflict zones. The Company's specialty vehicles, the Cougar, the Buffalo and the Cheetah, are designed specifically for reconnaissance, forward command and control, and urban operations and to protect their occupants from landmines, hostile fire, and improvised explosive devices (IEDs, commonly referred to as roadside bombs). The Company is one of the original developers and primary providers of vehicles for the U.S. military's Mine Resistant Ambush Protected, or MRAP, vehicle program. For more information on Force Protection and its vehicles, visit www.forceprotection.net.

Safe Harbor Language

This press release contains forward looking statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on beliefs and assumptions by Force Protection's management, and on information currently available to management. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update any of them publicly in light of new information or future events. A number of important factors could cause actual result to differ materially from those contained in any forward-looking statements. Examples of these factors include, but are not limited to, our ability to fulfill the above described orders on a timely basis, our ability to effectively manage the risks in our business; the reaction of the marketplace to the foregoing; and other risk factors and cautionary statements listed in the Company's periodic reports filed with the Securities and Exchange Commission, including the risks set forth in the Company's Form 10-Q for the quarter ended September 30, 2007.

SOURCE: Force Protection, Inc.

Force Protection, Inc. Tommy Pruitt Senior Communications Director 843-574-3866 or Investor Relations: ICR, Inc. James Palczynski Principal and Director 203-682-8229

For full details on Force Protection Inc (FRPT) click here. Force Protection Inc (FRPT) has Short Term PowerRatings of 6. Details on Force Protection Inc (FRPT) Short Term PowerRatings is available at This Link.

    


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