21.04.2005 13:31:00
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Ceradyne, Inc. Receives $8.5 Million Ceramic Body Armor Order; Ceramic
Military Writers/Business Editors/Defense Writers
COSTA MESA, Calif.--(BUSINESS WIRE)--April 21, 2005--Ceradyne, Inc. (Company) (Nasdaq:CRDN) announced the receipt of an $8.5 million order for the Company's ceramic body armor system used to protect certain elite U.S. military personnel. This order is scheduled to be shipped starting in June 2006 and completed by March 2007.
Joel Moskowitz, Ceradyne chief executive officer, commented: "We are pleased to continue supplying ceramic body armor systems to protect these elite U.S. forces in the war on terror. This order represents Ceradyne's state-of-the-art ballistically enhanced systems and are different and separate from the large orders for Small Arms Protective Inserts (SAPI) and the enhanced Small Arms Protective Inserts (ESAPI) the Company previously announced."
Ceradyne develops, manufactures and markets advanced technical ceramic products and components for defense, industrial, automotive/diesel and commercial applications. Additional information about the Company can be found at www.ceradyne.com.
Except for the historical information contained herein, this news release contains forward-looking statements regarding future events and the future performance of Ceradyne that involve risks and uncertainties that could cause actual results to differ materially from those projected. Words such as "anticipates," "believes," "plans," "expects," "intends," "future," and similar expressions are intended to identify forward-looking statements. Other risks and uncertainties are described in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2004, as filed with the Securities and Exchange Commission.
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CONTACT: Ceradyne, Inc. Joel P. Moskowitz, 714-549-0421 x-261 or Silverman Heller Associates Dan Matsui/Gene Heller, 310-208-2550
KEYWORD: CALIFORNIA INDUSTRY KEYWORD: AUTOMOTIVE AEROSPACE/DEFENSE GOVERNMENT MANUFACTURING PRODUCT SOURCE: Ceradyne, Inc.
Copyright Business Wire 2005
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