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 is the preferred supplier of GAF Materials Corporation products to Iraq. GAF Materials Corporation (”GAF”) is North America’s largest manufacturer of residential and commercial roofing.

Founded in 1886, GAF Materials Corporation is the largest roofing manufacturer in North America with annual sales of approximately $3 billion. GAF offers high quality products including roofing, decking and ductwork for both residential and commercial applications. A leader in multiple building material categories, GAF’s core expertise in commercial roofing is in built-up, modified bitumen, and TPO single ply systems.

“The government of Iraq has extensive plans to rebuild the infrastructure of the country, including the construction of thousands of new residential units, several new hospitals, and many new commercial spaces. Defense Solutions is pleased to be

Defense Solutions, Inc., a wholly owned subsidiary of Defense Solutions Holding, Inc., announced that it is the preferred supplier of GAF Materials Corporation products to Iraq. Founded in 1886, GAF Materials Corporation has established itself as North America’s largest manufacturer of residential and commercial roofing.

GAF Materials Corporation is recognized the largest roofing manufacturer in North America with annual sales totaling approximately $3 billion. GAF offers high quality products including roofing, decking and ductwork for both residential and commercial applications. GAF’s commercial roofing operation specializes in built-up, modified bitumen, and TPO single ply systems.

“The government of Iraq has extensive plans to rebuild the infrastructure of the country, including the construction of thousands of new residential units, several new hospitals, and many new commercial spaces. Defense Solutions is pleased to be a preferred supplier of GAF products, offering America’s finest building materials to rebuild the country’s infrastructure,” commented LTC (Ret) John A.

Headquartered in Edison, New Jersey, U.S. Shipping Partners L.P. is a leading provider of long-haul marine transportation services. Trading on the New York Stock Exchange they engage in this primarily for refined petroleum products, petrochemical, and commodity chemical products. The Company began their operations in 2002 and went public on November 3, 2004. The Partnership employs approximately 40 shore staff and 400 fleet personnel.

The Partnership’s main strategies are to operate their fleet safely and efficiently to meet customer and industry standards, and to remain a preferred supplier to major oil and chemical companies. They also seek to contract a high proportion of their capacity with major oil and chemical companies for periods of one or more years. U.S. Shipping Partners L.P.’s strategy is also to expand their fleet through strategic acquisitions and construction of new vessels.

Their fleet now consists of six integrated tug barge units (ITBs); one product tanker;

BASF (BASFY) is witnessing sales and earnings growth due to better end-markets. All segments are experiencing improvements with the Oil & Gas segment depicting the strongest sales growth due to higher crude oil prices and increased natural gas production.

However, the company is susceptible to the harsh cyclicality of the chemical industry. Slowdown in the U.S. economy and rising feedstock costs are likely to limit the top-line growth of the company. Hence, we rate the stock a Hold and set a six-month target price of $53.

The company is executing its share purchase program successfully. It completed its 3 billion ($4.7 billion) share repurchase program for 2007 and 2008 ahead of schedule. A total of 33.7 million shares were repurchased at an average price of 88.91 ($138.52) per share. Recently, the company launched its new repurchase program for 3 billion ($4.7 billion), which will continue until mid-2010.

Recently, the company announced its

BASF (BASFY) is witnessing sales and earnings growth due to better end-markets. All segments are experiencing improvements with the Oil & Gas segment depicting the strongest sales growth due to higher crude oil prices and increased natural gas production.

However, the company is susceptible to the harsh cyclicality of the chemical industry. Slowdown in the U.S. economy and rising feedstock costs are likely to limit the top-line growth of the company. Hence, we rate the stock a Hold and set a six-month target price of $53.

The company is executing its share purchase program successfully. It completed its 3 billion ($4.7 billion) share repurchase program for 2007 and 2008 ahead of schedule. A total of 33.7 million shares were repurchased at an average price of 88.91 ($138.52) per share. Recently, the company launched its new repurchase program for 3 billion ($4.7 billion), which will continue until mid-2010.

Recently, the company announced its