Ceramic Protection Corporation Responds To ArmorWorks Statement of Claim

    Symbol: CEP
    Exchange: TSX

    SUNRISE, FL, March 26 /CNW/ - Ceramic Protection Corporation (CPC) has
reviewed a copy of Statement of Claim filed by ArmorWorks Enterprises, LLC in
the Ontario Superior Court against CPC, all of its subsidiaries and its Board
of Directors. Management strongly believes that the claims are without merit.
CPC is currently evaluating its options and is prepared to vigorously defend
against these claims.

    Business of the Corporation

    The Corporation is headquartered in Sunrise, Florida, with facilities in
Newark, Delaware, Elkton, Maryland, and Granite Falls, North Carolina. The
Corporation, together with its subsidiaries, is engaged in the design,
manufacture and marketing of advanced products used to provide ballistic
protection for personnel and vehicles in the military and law enforcement
markets. The Corporation's product portfolio includes lightweight ceramic
armour for vehicles and military personnel, composite based products and
concealable soft body armour products for law enforcement and the Modular
Tactical Vest (MTV) ballistic system for military personnel.
    In many high performance applications, such as handling ballistic
threats, products made of advanced technical ceramics meet specifications that
similar products made of metals, plastics or traditional ceramics cannot
achieve. Advanced technical ceramics withstand extremely high velocity
ballistics, combine hardness with light weight, are highly resistant to
corrosion and wear and have low friction characteristics. Management is of the
opinion that the Corporation is an acknowledged industry leader in the design,
manufacture and sale of high performance and high quality products used for
ballistic protection. The Corporation's subsidiary, Protective Products
International is an ISO 9001:2000 certified manufacturer. Further, the
Corporation is one of very few companies able to provide customers with an
integrated personnel armouring system of ceramic plates, soft ballistic
material and vests for soldiers.

    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 dated March 26, 2007.
    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. 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

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

    Sunrise, Florida, USA
    March 26, 2008

    %SEDAR: 00001737E

For further information:

For further information: Analyst and investor relations calls should be
addressed to Ms. Grimie Villarreal, Corporate Investor Relations, at (954)

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