Thursday, May 07, 2009 10:55:34 AM
Form 10-K filed today to remove "E" on stock symbol
May 7, 2009 10:29:00 AM
Copyright Business Wire 2009
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View Additional ProfilesEXTON, Pa.--(BUSINESS WIRE)-- Defense Solutions, Inc., an international project management firm and a wholly owned subsidiary of Defense Solutions Holding, Inc. (OTCBB: DFSH, DFSHE), reports that the Company has filed its Annual Report on Form 10-K with the SEC today and the "E" that was added to its stock symbol for failing to file the Form 10-K on a timely basis is expected to be removed from its stock symbol shortly.
According to Defense Solutions' Chief Executive, Colonel Tim Ringgold, U.S. Army (Retired), who is in Baghdad, "Defense Solutions regrets for failing to meet the timeframe in which to file its Form 10-K. However, as we enter a phase of tremendous growth and acclimate to public company status, we have taken the appropriate measures to secure the proper personnel in the appropriate positions to assure that going forward matters such as this are avoided. I thank our shareholders for their continued support."
Additionally, the Company is pleased to announce continued progress on multiple fronts in its efforts towards assisting the Iraqi Government in its efforts to reequip their military and police as well as aid in the logistical details of several segments of commerce. "We look forward to sharing details of these events with our shareholders in the near future," added Colonel Ringgold.
About Defense Solutions:
Defense Solutions Holding, Inc. is headquartered in Exton, PA with branch and satellite offices on four continents. Established in 2001, Defense Solutions' founding corporate philosophy is to deliver the world's best solutions for our service members who deserve the best equipment, technology, and training, in performing their jobs with minimal risk to their lives and well being.
Defense Solutions has consulted with and worked for US Federal and State departments and agencies to include, the White House, US Department of Defense, US Department of the Army, US Department of State, US Department of Homeland Security, US Department of Interior, and the Pennsylvania General Assembly to devise and implement strategies supporting armed forces and civilian programs. Many of these programs directly support US and allied soldiers in combat and veterans in retirement.
In direct support of US-led coalition efforts in Iraq, Defense Solutions has worked for international allied organizations including the Iraqi Ministry of Defense, the North Atlantic Treaty Organization (NATO), and the Multi-National Force in Iraq.
Defense Solutions' European office maintains exclusive agreements with the Hungarian Ministry of Defense and Ukrainian Ministry of Defense to deliver several world-class technologies and capabilities to US and allied nations. Defense Solutions' principal offerings include new production and retrofit of armored and combat vehicles, spare parts, and ammunition, supported by end-to-end integrated logistics, training, and maintenance solutions.
For more information visit: http://www.ds-pa.com
Forward-Looking Statements:
Certain matters discussed in this release may constitute "forward-looking statements." Actual results and the timing of certain events may differ materially from those indicated by such forward-looking statements due to a variety of risks and uncertainties, many of which are beyond Defense Solutions' ability to control or predict, including, but not limited to, risks and uncertainties outlined in reports filed by Defense Solutions with the Securities and Exchange Commission.
The statements made herein are made as of the date of this release, and Defense Solutions undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. You should not place undue reliance on forward-looking statements contained in this press release, and Defense Solutions undertakes no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise.
Source: Defense Solutions, Inc.
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Defense Solutions Holding
Inc.
John A. Little
President
610-833-6000
or
Investor Relations:
Corporate Evolutions
Inc.
Susan U
516-482-0155
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