SUNRISE, FL, Aug. 2 /CNW/ - Ceramic Protection Corporation ("CPC" or "the
Corporation"), a leading manufacturer and distributor of advanced ballistic
protective products, today announced that Jon Miller has joined the
organization as its Director of Ballistic Systems Development. Mr. Miller
brings more than 27 years of experience in all aspects of light armor design,
development, integration, manufacturing, and contract administration to the
Prior to joining the Corporation, Mr. Miller assumed titles of increasing
responsibility during a lengthy tenure at Ceradyne, Inc. of Costa Mesa, CA,
including, Armor Design and Manufacturing Engineer, Armor Production Manager
and Armor Development Engineer.
"Jon has successfully developed and produced mission specific body armor
and vehicle armor systems for U.S. Armed Forces in addition to having managed
multiple complex developmental and production armor programs simultaneously.
He has developed extremely cost-effective manufacturing techniques for volume
production of body armor and has designed and successfully qualified two of
the most volume-produced body armor products. We are confident that Jon's
experience and technical skills will augment our management team and will
accelerate our delivery of new product capabilities to market," stated Mr.
Doug Stafford, Chief Operating Officer.
Business of the Corporation
Ceramic Protection Corporation, headquartered in Sunrise, Florida, USA,
with offices in Newark and Delaware, USA, is a 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. 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 growing 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
The Corporation depends on reliable supplies of high quality source
materials used in the manufacturing of 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, 2006 Annual Report dated March 20, 2007 and also
the Corporation's Annual Information Form.
In light of certain sensitive aspects in regard to customers and
products, the Corporation 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.
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.
Mr. Steve Giordanella Mr. Larry Moeller
Chief Executive Officer Chairman
Sunrise, Florida, USA
August 2, 2007
For further information:
For further information: Ms. Grimie Villarreal, Corporate Investor
Relations, at (954) 846-8222