PPI Parent Company Signs Letter Of Intent To Acquire
SUNRISE, FL, April 5, 2007 — PPI's parent company, Ceramic Protection Corporation, announced
today that it has recently signed a non-binding Letter of Intent to acquire Composix Co. of Newark,
Ohio. The transaction is subject to, among other things, the negotiation and signing of a Definitive
Agreement. Other terms were not disclosed.
Established in 1987, Composix, along with its sister companies, Ohio Armor and Force One, LLC, has
produced a variety of products in markets ranging from military and commercial armor, vehicle and
aircraft armor protection to personnel body armor. As a specialty OEM (Original Equipment
Manufacturer) producer of armor products, machined metallic parts and specialty products, Composix
capabilities range from developing prototype parts and processes to the production of finished products.
Composix products include custom fabricated composite parts, armor products, bullet-resistant vests,
protective plates, Aramid-Shield(TM) armor materials, military composites, lightweight military vehicle
components, composite fuel tanks and coated yarns.
"This accretive transaction would, if completed, continue our strategy of core market acquisitions, and
would incrementally add to earnings per share in 2007," said Mr. Steve Giordanella, Chief Executive
Officer. "We admire Composix, its people and its unique capabilities and we look forward to finalizing
the Definitive Purchase Agreement and bringing Composix to the CPC family. We also look forward to
leveraging each companies' talents, capabilities and resources. We believe the Composix product lines
would complement our current product portfolio, contribute significantly to our product mix for our
customers, and we would expect Composix to integrate directly into our distribution channels."
About Protective Products International
Headquartered in Sunrise, Florida, Protective Products International is one of the leading designers and manufacturers of state of the art
concealable and tactical body armor. The company offers a broad line of products for the government, military and law enforcement
communities including special purpose armor, ballistic plates, shields and helmets designed to protect and save lives. Our commitment to
customer service over the past twelve years, coupled with a sincere dedication to product craftsmanship and superior quality, has not only
become the cornerstone of Protective Products International, it has also made us leaders in the body armor industry. For more information
go to www.body-armor.com.
Protective Products International • 590 Sawgrass Corporate Parkway, Sunrise, FL 33325
U.S. 1-800-509-9111 • Ph. 954-846-8222 • Fx. 954-846-0555 • www.body-armor.com