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Re: KauaiPI post# 12907

Thursday, 04/10/2003 5:11:29 PM

Thursday, April 10, 2003 5:11:29 PM

Post# of 13000
anyone still following? ...DHB INDUSTRIES (AMEX:DHB)
Last Trade 4:00pm · 3.42 Change +0.54 (+18.75%)
Prev Cls 2.88 Open 2.90 Volume 1,985,800
Day's Range 2.86 - 3.43 P/E 7.78
Mkt Cap 138.2M Avg Vol 215,545 52-wk Range 1.26 - 7.40
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Press Release Source: DHB Industries Inc.

Record Breaking New Orders Top $85 Million for DHB
Thursday April 10, 12:20 pm ET


CARLE PLACE, N.Y., April 10 /PRNewswire-FirstCall/ -- DHB Industries Inc. (Amex: DHB), the market leader in the rapidly growing protective body armor industry, announced today that its wholly owned subsidiary, Point Blank Body Armor, Inc., has received more than $85 million in delivery orders for body armor, including its "Interceptor" Outer Tactical Vest (OTV) from several branches of the U.S. Department of Defense.

U.S. Armed Forces are wearing Point Blank Body Armor's Interceptor OTV, the lightest, most technologically advanced protective system ever issued in the history of the United States Military. Point Blank Body Armor has been, and is, the sole source supplier of Interceptor. It was developed to exceed the rigorous standards set by the U.S. Marine Corps, and subsequently adopted by the U.S. Army and U.S. Air Force.

Commenting on the announcement, Sandra Hatfield, Chief Operating Officer of DHB Industries, stated, "Point Blank, home of the Interceptor OTV, has equipped American troops in Operation Enduring Freedom like no others before them. The magnitude of these orders is a clear indication of the confidence the Department of Defense has expressed in the Company and it's products."

"These record breaking orders reflect the strength of DHB's technology, products and our ability to handle very large volumes for the U.S. Department of Defense," stated David H. Brooks, DHB's Chief Executive Officer and Chairman. "In early January, we began implementation of a pre-emptive strategic plan to provide our military customers with a dedicated production facility, and these efforts are clearly showing early dividends." Mr. Brooks concluded.

About DHB Industries Inc.

DHB Industries Inc.'s Armor Group is the market leader in the rapidly growing protective body armor industry. Its highly recognized subsidiaries, Point Blank Body Armor Inc. and Protective Apparel Corporation of America (PACA) are focused on the design, manufacture, and distribution of bullet resistant and protective body armor for military, law enforcement, and corrections in the US and worldwide. DHB Armor Group's customers include the U.S. Army, Air Force, Navy, Marines, Coast Guard, Secret Service, FBI, DEA, INS, ATF, NATO, U.S. Marshals, the NYC Police Department, the LA Police Department, and the California Highway Patrol.

DHB Sports Group produces and markets a comprehensive line of athletic supports and braces which are merchandised through national superstore chains including Wal-Mart, Target and Meijer, as well as private label distributors such as Amerisource Bergen and Cardinal Health.

DHB maintains facilities in Carle Place, NY, Deerfield Beach, FL, Oakland Park, FL, Jacksboro, TN, and Alexandria, VA. To learn more about DHB Industries Inc., visit the website at http://www.dhbindustries.com.

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best!
kp
ps new stop placed at $3.18 although I am hoping it won't get triggered <Bg>

"When you look at things differently,

things look different"
--Wayne Dyer--


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