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Friday, 08/01/2003 9:31:23 AM

Friday, August 01, 2003 9:31:23 AM

Post# of 7045
USGA news.

S.A.G. Turret Material Withstands Consecutive .50 Caliber Hits
PR Newswire - August 01, 2003 09:26

Armed Forces Journal Shootout Proves Viability of G-LAM Armor

CARSON CITY, Nev., Aug. 1 /PRNewswire-FirstCall/ -- US Global Nanospace, Inc. (OTC Bulletin Board: USGA) today released results of the Company's participation in the Annual Armed Forces Journal Blackwater Shootout, which will be published in the August issue of Armed Forces Journal.

US Global's G-Lam armor, which is the main component of the US Global's S.A.G. Turret, was tested against both .50 caliber and more exotic ammunition like the supersonic .408 Armor Piercing CheyTac and LeMas .300 WinMag HAARP rounds. The S.A.G. (Save A Gunner) Turret plates successfully defeated three consecutive .50 caliber rounds fired from an FNN Hecate11 from only 100 yards away. On the first day at the shootout, the G-Lam panel was penetrated by the exotic rounds, which have a terminal effect much more devastating than the NATO standard .50 caliber. Because of the unique properties of G-Lam nanomaterial, it was possible to repair and reconfigure the G-Lam Panel in the field, something never before achieved. Following field repair G-Lam defeated the three consecutive .50 caliber rounds, and with further field reengineering a slightly thicker G-Lam plate (1.4 inches thick) defeated the CheyTac 408.

In addition, the US Global Guardian Security door, also made with G-Lam, withstood without penetration or significant indentation twenty continuous rounds fired from an FNH P90 Automatic Submachine gun at a range of 15 feet.

"The Blackwater results validate our efforts to develop products for military and homeland security needs," said John Robinson, Chairman and CEO of US Global Nanospace, Inc. "US Global was the only solid armor company that accepted the challenge to attend and we went up against the most exotic and powerful weapons tested. We are pleased that not only did the G-Lam in the Turret material defeat the .50 caliber, which has never been done with such lightweight armor before, but also that we were able to field repair and modify it to defeat the more exotic loads the second time around. Interest from the Military as a result of the shootout remains very high and has prompted several inquiries, especially for the S.A.G. Turrets and our lightweight moldable G-Lam Armor."

"We would like to thank Armed Forces Journal and especially Mr. John Roos for inviting us to participate and we look forward to demonstrating new technology there next year."

Also tested was a prototype experimental postal mailbox designed to withstand high explosives. While the blast was significantly mitigated and the blast fire suppressed, overpressure and insufficient venting caused the box to break along its seams into large sections and scatter. The company learned much about the need for additional venting as a result of the test and it will be testing a re-engineered vented mailbox in four weeks with its new BlastX Stage 3 material.

Robinson added, "Obviously we were disappointed with the Mail Box prototype and would have preferred providing our own charges, but traveling across state lines with high explosives is not recommended. We will soon be testing an improved version of the mailbox incorporating new venting and BlastX Stage 3 material, which should resolve overpressure issues. We hope to supply every street corner in America with a safe receptacle for first responder teams to contain suspected explosive material instantly, as well as thwarting the use of U.S. Postal Service mailboxes as vehicles of terror."

Copies of the August issue of the Armed Forces Journal can be requested directly from the publisher at www.armedforcesjournal.com.

More information on the CheyTac .408 is available at www.usglobalaero.com/408.pdf or HTTP://cheytak.com/releases/ammo.pdf

US Global Nanospace, Inc. (OTC Bulletin Board: USGA) is an applied nanotechnology company focused on developing products for a wide array of commercial and defense applications to enhance, protect and preserve lives worldwide. US Global's primary materials and products include G-Lam, NanoFilter, NanoFilterCX, S.A.G. Turrets, BlastX, G-Armor and RadomeX.. US Global Nanospace, Inc. recently completed a name change from US Global Aerospace, Inc. US Global has retained its trading symbol, USGA. More information is available at http://www.usglobalaero.com.

Safe Harbor Statement: These statements are based on assumptions that the management of US Global Nanospace, Inc. believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of US Global Nanospace, Inc. and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and are subject to a wide range of business risks, external factors and uncertainties, the lack of acceptance of the company's products by its customers and prospects, the inability to secure necessary product sales and the inability to obtain necessary substantial capital to manufacture and market its product and otherwise implement its business plan. In each case, actual results may differ materially from such forward-looking statements. US Global Nanospace, Inc. does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or modified) will not be realized.

Any opinions, findings and conclusions or recommendations expressed in this press release are those of the author(s) and do not necessarily reflect the views of the United States Government.

Contact: Rich Schineller, (973) 244-7811, USGA@3rd-mm.com

SOURCE US Global Nanospace, Inc.

/CONTACT: Rich Schineller, +1-973-244-7811, USGA@3rd-mm.com, for US
Global Nanospace, Inc./

/Web site: http://www.usglobalaero.com/

(USGA)




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