Simula Receives Order for U.S. Navy Tactical Aircrew Personal Protective Gear; Product is Part of Navy’s Chemical and Biological Protection for Pilots
Wednesday, January 30th, 2008
“We have worked with Cam Lock to develop the best possible protective ensemble for the Navy aviators,” said Barry Shope, President of Simula’s SEI Division. “Although the contract is a smaller component of our revenue base, we see it as critical in solidifying a partnership with our UK partner and, ultimately, our Navy customer who uses our flotation collars and emergency bailout parachutes.”
Cam Lock Ltd. is the prime contractor to the U.S. Navy for the aircrew CBR ensemble. To date, Cam Lock has delivered over 5,000 CBR ensembles incorporating Simula’s components.
Cam Lock Ltd. is a division of Camberley Rubber Mouldings Ltd. (CRM). Since its formation Cam Lock has developed technical capabilities in Nuclear, Biological and Chemical (NBC) respiratory protection equipment for military aviators. Cam Lock products are used by the UK MOD, Canadian Forces, the U.S. Marine Corps, and the U.S. Government. Equipment developed by Cam Lock has seen active service in various conflicts including Desert Storm.
Simula designs and makes systems and devices that save human lives. Its core markets are military aviation safety, military personnel safety, and land vehicle safety. Simula’s core technologies include inflatable restraints, energy-absorbing seating systems, advanced polymer materials, lightweight transparent and opaque armor products, personnel protective equipment, and emergency bailout parachutes. For more information, go to www.simula.com.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking statements that involve risks and uncertainties that may cause the Company’s actual experience to differ materially from that which is anticipated. These forward-looking statements include statements about expected possible future orders. Risks to its business include those described herein and in the Company’s registration statements and periodic reports filed with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements to reflect unanticipated events or events or circumstances occurring after the date on which such statements are made.