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Ceradyne Inc. Message Board

  • dblthisyear dblthisyear Nov 17, 2006 8:42 AM Flag

    FRPT going to NASDAQ!!

     

    Force Protection, Inc. Announces NASDAQ Application

    LADSON, S.C.--(BUSINESS WIRE)--
    Force Protection, Inc. (OTCBB:FRPT) today announced its application for listing of its common stock on the NASDAQ Capital Market. The Company believes it meets all of the listing criteria except for its Board composition.
    "We have worked diligently to expand our business and develop a leading technology for blast protection," said CEO Gordon McGilton. "As a growing public company, Force Protection believes that it is the appropriate time to apply for listing on NASDAQ."
    Force Protection's common stock will continue to trade on the Over the Counter Bulletin Board until NASDAQ approves the application.
    "If approved, we believe Force Protection will gain access to a broader institutional investor market, enhance its financing flexibility, and provide greater liquidity for its shareholders," said Chairman Frank Kavanaugh.
    About Force Protection
    Force Protection, Inc. manufactures ballistic- and mine-protected vehicles through its wholly owned subsidiary. These specialty vehicles are protected against landmines, hostile fire, and Improvised Explosive Devices (IEDs, commonly referred to as roadside bombs). Force Protection's mine and ballistic protection technology is among the most advanced in the world. The vehicles are manufactured outside Charleston, S.C.
    For more information on Force Protection and its vehicles, go to www.forceprotection.net.
    This release contains forward-looking statements, including, without limitation, statements concerning our business, future plans and objectives and the performance of our products. These forward-looking statements involve certain risks and uncertainties ultimately may not prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Technical complications may arise that could prevent the prompt implementation of the strategic plan outlined above. The company cautions that these forward looking statements are further qualified by other factors including, but not limited to, those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise, except as required by law.
    Source: Force Protection, Inc.
    News Provided by Acquire Media Corporation

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