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FORD earnings July 27 after the bell



For Immediate Release

FORWARD INDUSTRIES TO ANNOUNCE FISCAL THIRD QUARTER
RESULTS ON JULY 27


Pompano Beach, FL, July 18, 2006 – Forward Industries, Inc. (NASDAQ:FORD), a designer and distributor of custom carrying case solutions, today announced that the Company will issue financial results for its fiscal third quarter and nine months ended June 30, 2006 on Thursday, July 27, 2006 after the market closes.

About Forward Industries
Forward Industries, Inc. designs and distributes custom carrying case solutions primarily for cellular phones and home medical diagnostic equipment. The Company sells its products directly to original equipment manufacturers and also markets a line of Carry Solutions under the “Motorola” brand name. For more information, please visit www.forwardindustries.com.