-- Company intends to file all outstanding Form 10-Qs on or before
September 30, 2008 --
Force Protection, Inc. (NASDAQ: FRPT) today announced it received an
extension from the Nasdaq Listing Qualifications Panel to file its
Quarterly Reports on Form 10-Q for the first and second quarters of 2008
on or before September 30, 2008. The Company stated that it intends to
file separate amended Quarterly Reports on Form 10-Q for the first,
second and third quarters of 2007 and Quarterly Reports on Form 10-Q for
the first and second quarters of 2008 on or before September 30, 2008.
As previously announced, the Company will hold a conference call with
investors to discuss 2007 and year-to-date 2008 results and its business
outlook at 4:30 pm EDT on September 30th which
will be available to the public via webcast.
About Force Protection, Inc.
Force Protection, Inc. is a leading American designer, developer and
manufacturer of life saving survivability equipment, predominantly
ballistic- and blast-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 and the Buffalo, and the Cheetah, are
designed specifically for reconnaissance, forward command and control,
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 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.
Safe Harbor Language
This press release contains forward looking statements that are not
historical facts and statements about our beliefs and expectations,
including statements relating to our intention to file our quarterly
reports with the SEC on or before September 30, 2008. These statements
are based on beliefs and assumptions by Force Protection’s
management, and on information currently available to management.
Forward-looking statements speak only as of the date they are made, and
we undertake no obligation to update any of them publicly in light of
new information or future events. A number of important factors could
cause actual result to differ materially from those contained in any
forward-looking statements. Examples of these factors include, but are
not limited to, our ability to fulfill the above described orders on a
timely basis, our ability to effectively manage the risks in our
business; the reaction of the marketplace to the foregoing; 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
Form 10-K for the fiscal year ended December 31, 2007.
Company Contact:
Force Protection, Inc.
Tommy Pruitt,
843-574-3866
Senior Communications Director
or
Investor
Relations Contact:
ICR, Inc.
James Palczynski, 203-682-8229
Principal
and Director
