Defense Solutions Holdings Inc. / DFSH Announces Distribution Agreement with Dynamic Defense Materials
Source: http://smallcapvoice.com/blog/defense-solutions-holdings-inc-dfsh-announces-distribution-agreement-with-dynamic-defense-materials/Posted on Tuesday, May 12th, 2009 | In Market Commentary, Small & Micro Cap
Defense Solutions, Inc., an international project management and executive consulting firm, a wholly owned subsidiary of Defense Solutions Holding, Inc. (OTC Bulletin Board: DFSH), announces that the Company has signed a distribution agreement with Dynamic Defense Materials, LLC, manufacturer of portable anti-ballistic and anti-blast structures. Defense Solutions will be an exclusive distributor of these portable armored wall systems called McCurdy’s ArmorTM in Iraq.
Dynamic Defense Materials (”DDM”) has developed McCurdy’s ArmorTM, a portable armored wall system that is a unique, rapidly deployed protective structure easily configurable to meet various threat levels; protecting Soldiers and Marines against small arms, mortars, rockets, artillery, armor piercing rounds and suicide bombs. Originally called “Evaloch”, the system was officially renamed “McCurdy’s ArmorTM” in honor of fallen Marine Lance Corporal Ryan S. McCurdy. LCpl McCurdy was killed by sniper fire saving another Marine on January 5, 2006. DDM’s patent-pending system can be assembled into a full guard post by a three person team in approximately 10 minutes and can also be dismantled and redeployed in a similar amount of time. The system is transported in a standard M-105 trailer.
“We are excited to be the exclusive distributor of DDM’s one of a kind armor systems in Iraq,” commented Colonel Timothy Ringgold, US Army (Retired), CEO of Defense Solutions. “Defense Solutions provides quality equipment that affords superior protection on the battlefield, and we believe that DDM’s McCurdy’s ArmorTM fits that requirement. As responsibility for multiple checkpoints shifts to Iraqi Security Forces, we anticipate a significant demand for McCurdy’s ArmorTM.”
About Defense Solutions Holdings, Inc.:
Defense Solutions Holding, Inc. is headquartered in Exton, PA with offices on four continents. Established in 2001, Defense Solutions’ founding corporate philosophy is to deliver the world’s best solutions to our service members so they can perform their jobs with minimal risk. Defense Solutions has consulted with and worked for US Federal and State departments and agencies, the White House, and international allied organizations including the Iraqi Ministry of Defense, the North Atlantic Treaty Organization (NATO), and the Multi-National Force in Iraq 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. Defense Solutions’ European office maintains exclusive agreements with European partners to deliver several world-class technologies and capabilities to US and allied nations to 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.
Defense Solutions Holding, Inc.
John A. Little, President, +1 610-833-6000
or
Investor Relations
Corporate Evolutions, Inc.
Susan U, +1 516-482-0155
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