Sunday, November 01, 2009

DTN News: Force Protection To Announce Third Quarter Fiscal 2009 Results

DTN News: Force Protection To Announce Third Quarter Fiscal 2009 Results *Source: DTN News / Force Protection (NSI News Source Info) LADSON, South Carolina - November 2, 2009: Force Protection, Inc. (NASDAQ: FRPT) today announced that it will release financial results for its third quarter ended September 30, 2009 on Monday, November 9, 2009 after the market close. A conference call to discuss those results will be held at 4:30 p.m. Eastern Time that same day and will include comments from Michael Moody, Chairman and Chief Executive Officer, Charles Mathis, Chief Financial Officer and Randy Hutcherson, Executive Vice President, Programs, Global Sales and Business Development.

The Buffalo MPCV is the most advanced mine resistant vehicle in the world. It can be configured for multiple missions and is specifically designed to be repaired in the field. Cutting-edge technology combined with the best American automotive components give this vehicle the maximum visibility, load carrying capacity, interior space and parts availability of any vehicle in its class. While the question-and-answer session of the call will be limited to institutional analysts and investors, retail brokers and individual investors are invited to listen to a live webcast. The webcast can be accessed via the home page of the Company’s website at www.forceprotection.net. Please visit the website at least 15 minutes prior to the call to register for the webcast and download any necessary software. The replay of the call will be available on the Company’s website for approximately one year. About Force Protection, Inc. Force Protection, Inc. is a leading American designer, developer and manufacturer of survivability solutions, predominantly blast- and ballistic-protected wheeled vehicles currently deployed by the U.S. military and its allies to support armed forces and security personnel in conflict zones. The Company’s specialty vehicles, the Cougar, the Buffalo,the Cheetah and the Ocelot, are designed specifically for reconnaissance and urban operations and to protect their occupants from landmines, hostile fire, and improvised explosive devices (IEDs, commonly referred to as roadside bombs). The Company also is the developer and manufacturer of ForceArmor™, an armor package providing superior protection against explosively formed projectiles (EFPs), now available for a wide range of tactical-wheeled vehicles. The Company is one of the original developers and primary providers of vehicles for the U.S. military’s Mine Resistant Ambush Protected, or MRAP, vehicle program. For more information on Force Protection and its vehicles, visit www.forceprotection.net. Force Protection, Inc. Safe Harbor Language This press release contains forward looking statements that are not historical facts, including statements about its beliefs and expectations. These statements are based on beliefs and assumptions of Force Protection’s management, and on information currently available to management. These forward looking statements include, among other things: the ability of Force Protection to implement the Cost Reduction Program and realize the anticipated cost savings, increasing growth and demand for the Company’s Total Life Cycle services, increasing capability and opportunities for the Kuwait facility growth and demand for Force Protection’s vehicles, including the Buffalo vehicle and related deliveries of the Buffalo vehicle; the rate at which the Company will be able to produce these vehicles; its expected work completion dates for the vehicles and the Company’s ability to meet current and future contract requirements; and the Company’s expected financial and operating results, including its revenues and cash flow, for future periods. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statements. Examples of these factors include, but are not limited to, the ability to effectively manage the risks in the Company’s business; the ability to develop new technologies and products and the acceptance of these technologies and products; the ability to obtain and complete new orders for its vehicles and products; the Company’s ability to identify and remedy its internal control weaknesses and deficiencies; and other risk factors and cautionary statements listed in the Company’s periodic reports filed with the Securities and Exchange Commission, including the risks set forth in the Company’s Annual Report on Form 10-K for the year ended December 31, 2008, as updated in the Quarterly Report on Form 10-Q for the period ended June 30, 2009.

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