Ceradyne, Inc. Receives $6 Million Ceramic Body Armor Order for U.S. Marines
January 17 2007 - 7:30AM
Business Wire
Ceradyne, Inc. (Nasdaq:CRDN) announces receipt of a $6 million
delivery order from the U.S. Marine Corps, Quantico, Virginia. This
order is for Enhanced Small Arms Protective Inserts (ESAPI) to be
delivered in the first half of 2007. David Reed, Ceradyne�s
President North American Operations, commented, �We are pleased to
receive this Marine order as it gives us additional visibility to
support our belief that we will meet or exceed our 2007 guidance
provided in November 2006. Ceradyne is also pleased with the
knowledge that we continue to save the lives of American fighting
men and women. With our armor facilities in Lexington, Kentucky,
and Costa Mesa and Irvine, California, we intend to fully meet the
delivery and quality requirements of this new order.� 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. 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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