Ceramic Protection Corporation Announces New Director and Bridge Buy



    Symbol: CEP
    Exchange: TSX

    SUNRISE, FL, Aug. 15 /CNW/ - Ceramic Protection Corporation ("CPC" or
"the Corporation"), a leading manufacturer and distributor of advanced
ballistic protective products, today announced that it has appointed the Hon.
Dennis DeConcini, U.S. Senator (retired), to the CPC Board of Directors. In
addition, the Corporation acknowledges the announcement of a "Bridge Buy" from
the U.S. Marines for soft armour vests.

    New Board Appointment

    Mr. Steve Giordanella, CEO announced: "We are delighted to welcome
retired Senator DeConcini to the Board of the Corporation. He brings the
Corporation a wealth of experience from his elected duties in Washington,
where he has been a key player in several tasks. These include significant
roles in intelligence and appropriations matters and where he is a recognized
expert in the appropriations, budget and authorization process in the Congress
of the United States."
    Mr. Giordanella noted that the Honorable Dennis DeConcini is the former
senior Senator from Arizona, an office he held for 18 years. During his
tenure, Senator DeConcini served on the Senate Appropriations Committee, where
he chaired the Subcommittee on Treasury, Postal Service and General Government
and where he also served on the Subcommittees on Defense, Energy and Water
Development and also Foreign Operations. Senator DeConcini also served on the
Senate Judiciary Committee and chaired the Subcommittee on Patents, Copyrights
and Trademarks. Additionally, he served on the Subcommittees on Antitrust,
Monopolies and Business Rights, the Constitution and the Courts. Senator
DeConcini also served on the Select Intelligence Committee, which he chaired
from 1993 to 1994. Additionally, Senator DeConcini chaired the Commission on
Security and Cooperation in Europe (Helsinki Commission).
    Senator DeConcini served one elected term prior to coming to the United
States Senate as Pima County Attorney. Prior to this, he served as legal
counsel and administrative assistant to the Governor of Arizona and founded
the law firm of DeConcini, McDonald, Yetwin and Lacy (where he is presently a
partner) with law offices in Tucson and Phoenix, Arizona and the District of
Columbia. Senator DeConcini received his Bachelors Degree from the University
of Arizona in 1959 and his LLD from the University of Arizona in 1963. Senator
DeConcini has wide experience as a member of numerous other Boards, including
the U.S. Federal Home Loan Mortgage Corporation (retired), the National Center
for Missing and Exploited Children (former Chairman), the International Centre
for Missing and Exploited Children and the Arizona Board of Regents (appointed
2006).

    Bridge Buy

    Mr. Giordanella announced that the U.S. Marines had recently confirmed
that it intends to enter into an agreement for a "Bridge Buy" for the
Corporations' MTV vests for a total 48,000 units. Mr. Giordanella noted that:
"The Corporation is very pleased that our protective products, which are
receiving wide acclaim, have been adopted by the U. S. Marines at a time when
the country is at war with terrorists. The Corporation has been consistently
selected by the U.S. Marines for this type of protective product and we are
proud to be a long-term supplier of these vests."

    Business of the Corporation

    Ceramic Protection Corporation, headquartered in Sunrise, Florida, USA,
with offices in Newark, 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
defense sector.
    The Corporation depends on reliable supplies of high quality source
materials used in the manufacture 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 first be approved for export by the appropriate U.S. 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.

    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.

    
    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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