Ceradyne Inc. Receives $9.1 Million ESAPI Orders
September 12 2006 - 7:30AM
Business Wire
Ceradyne, Inc. (Company) (Nasdaq:CRDN) received new delivery orders
for approximately $9.1 million of its lightweight ceramic body
armor, enhanced small arms protective inserts (ESAPI). These orders
were placed by the Defense Supply Center Philadelphia (DSCP) for
delivery late this year and early 2007. These orders were placed
against a larger indefinite delivery/indefinite quantity (ID/IQ)
contract announced previously. David Reed, Ceradyne president of
North American operations, commented: "We are pleased that DSCP
placed these ESAPI orders with Ceradyne. These orders are in
addition to the U.S. Army orders announced on September 11, 2006.
We intend to ship all ESAPI orders according to the government's
delivery and quality requirements." 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. This press 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. These risks and uncertainties are
described in the Company's Annual Report on Form 10-K for the
fiscal year ended December 31, 2005, and its Quarterly Reports on
Form 10-Q as filed with the U.S. Securities and Exchange
Commission.
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