Ceramic Protection Corporation - Corporation Announces Expanded Relationship with Ford Motor Company



    Symbol: CEP
    Exchange: TSX

    CALGARY, March 26 /CNW/ - Ceramic Protection Corporation ("CPC"), a
leading manufacturer and distributor of advanced ballistic protective
products, announced today that its subsidiary, Protective Products
International Corporation ("PPI"), has entered into an expanded relationship
with Ford Motor Company (NYSE:   F).
    Since 2005, Ford has offered factory-installed ballistic door panels
manufactured by PPI in its Crown Victoria Police Interceptor model as a
regular production option. These covert ballistic door panels offer a level of
protection unmatched by any other OEM police vehicle. With the extra
protection at hand, law enforcement officers can swing the front door(s) into
action as a tactical shield from incoming projectiles. These ballistic panels
are covert (not visible from the outside), lightweight, and don't interfere
with interior space or door/window mechanisms.
    The technology was co-developed and extensively tested by PPI and Ford in
conjunction with major police departments in the United States and Canada and
with the assistance of the National Research Council of Canada (NRC) and the
NRC Integrated Manufacturing Technologies Institute (IMTI) located in London,
Ontario.
    This expanded relationship with Ford now allows PPI to manufacture,
market, sell and distribute ballistic door panel kits for retrofits on 1998 MY
through current model year Police Interceptor Crown Victoria vehicles that are
currently in service. These ballistic door panel kits will be available
through a broad network of Ford authorized dealers and to the aftermarket
channel, primarily for police fleet garages and other law enforcement agencies
that wish to install these ballistic panels on older model Police
Interceptors.
    Mr. Steve Giordanella, CPC's Chief Executive Officer commented, "We
constantly strive to develop new and better ways to protect the law
enforcement professional. Our organization is proud to have successfully
collaborated with Ford in the development and extensive testing of this unique
and state-of-the-art ballistic system, which is specifically engineered for
the needs of North American law enforcement agencies. Notably, we have
supplied a large quantity of ballistic door panel systems for 2006 and 2007
model year Crown Victoria Police Interceptor vehicles, providing police with
enhanced protection from a wide range of ballistic threats, including
automatic weapons. This expanded relationship with Ford represents an
important development for CPC enabling us to expand and diversify our
ballistic systems manufacturing. This is a key and expanding market for CPC."

    CPC Business

    Ceramic Protection Corporation, headquartered in Calgary, Alberta,
Canada, with offices in Newark, Delaware and Sunrise, Florida, USA, is an
ISO 9001:2000 certified manufacturer and distributor of advanced materials for
use in the ballistic protection marketplace. The Corporation manufactures a
wide range of products used to provide protection for personnel and vehicles,
including a wide range of ceramic armour products and multiple composite-based
products. The Calgary plant manufactures alumina ceramic and fiber reinforced
composites used for ballistic protection of personnel and vehicles. In
conjunction with its wholly owned subsidiary Ceramic Protection Corporation of
America of Newark, Delaware, the Corporation also manufactures a wide range of
boron carbide, silicon carbide and polyethylene products for use in personnel
armour systems. PPI of Sunrise, Florida, manufactures a wide range of soft
armour products for the law enforcement and military markets.

    Forward Looking Statements

    This release may contain forward looking statements including
expectations of future sales, cash flow and earnings. These statements are
based on current expectations that involve a number of risks and uncertainties
that could cause actual results to differ from those anticipated. These risks
include, but are not limited to, uncertainties associated with the defense
industry, commodity prices, exchange rate fluctuations and risks resulting
from potential delays, appeals or changes related to government orders in the
defense sector. The Corporation depends on reliable supplies of high quality
source materials used in the manufacturing of wear management and armour
products, including aramid fabrics and polyethylene materials, and works
actively with key suppliers to ensure that requirements and demands for these
materials are anticipated and properly met. The foregoing is not exhaustive
and other risks are detailed from time to time in other disclosure filings of
the Corporation. Should one or more of these risks or uncertainties
materialize, or should stated assumptions underlying the forward looking
statements prove incorrect, actual results may vary materially from those
described herein as anticipated, believed, estimated or expected. The reader
is also referred to other uncertainties and risks discussed in detail in the
MD&A section of the corporation's December 31, 2005. Annual Report dated
March 17, 2006, and also the Corporation's Annual Information Form.
    In light of certain sensitive aspects in regard to customers and
products, CPC may choose not to disclose all information related to the
purchasers of its products, such as government agencies, countries or other
end-users. Armour products destined for export which are manufactured in
Canada must first be approved by the Canadian Department of Foreign Affairs
and International Trade. Products manufactured for export in the United States
must be approved for export by the appropriate government agencies. Other
armour sales may be made to recognized domestic agencies such as the military
and those involved in local, provincial or national law enforcement and
homeland security matters.

    CPC Investor Relations

    Analyst and investor relations calls should be addressed to Ms. Grimie
Villarreal, Corporate Investor Relations, at (954) 846-8222.
    Interested parties are also referred to the Corporation's website
www.cerpro.com for further information about the Corporation, its products and
other recent announcements.

    CPC Contact Information

    
    Mr. Steve Giordanella          Mr. Larry Moeller
    Chief Executive Officer        Chairman
    

    %SEDAR: 00001737E




For further information:

For further information: Ms. Grimie Villarreal, Corporate Investor
Relations, at (954) 846-8222

Organization Profile

CERAMIC PROTECTION CORPORATION

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