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Bahrain office & contract win

8 Dec 2005 07:00

Pentagon Protection PLC08 December 2005 For release 08 December 2005 Pentagon Protection Opening of Bahrain Office and Contract Gain Pentagon Protection Plc ("PPR" or "the Company"), the provider of safety andsecurity products for commercial, architectural and automobile glass, announcesit has formally opened its new Regional Office and application facilities inBahrain. An initial order has already been received by the Bahrain office from a majorschool for bomb-blast resistant film (consisting of four sites in Bahrain duefor completion at an estimated total value of £90,000). Additional recent overseas contract gains in the Middle East totaling £107,000include the installation of PPR's blast resistant FT800 safety film andanchoring for a major petrochemical company in Egypt, and FT800 film, anchoringand Bullet Proof windows for another petrochemical company in Algiers. PPR isalso undertaking further projects totaling £150,000 in Qatar, Uzbekistan, Sudan,Iran and Dubai. Chief Executive Graham Bannerman commented: "Our regional facility in Bahrain will enable us to deal more effectively withthe execution of key contracts and simultaneously assist in winning morebusiness. We are already currently engaged in many significant projectsthroughout the Middle East, where key organisations are seeking to improveprotection for their personnel. Whilst serving both the commercial buildings andautomotive sectors in the region, our focus is principally the installation ofbomb-blast security films in combination with our new "anchoring" solutions. Itis well known that 90% of all injuries during a terrorist bomb are caused byflying glass. Our bomb-blast protective systems for glazing are designed toprotect lives and reduce injuries" ENDS For further information, please contact: Pentagon Protection PlcGraham Bannerman, Chief Executive 020 8749 9749David Thomas, Chairman 020 8749 9749 Binns & Co PR Ltd T. 020 7153 1487Ben Knowles M. 07900 346 978 Editors Notes The opening of the Bahrain office is part of PPR's ongoing strategy of expandingworldwide. The company already has operations across the Middle East and Europe,and as was referred to in the announcement on 25 November 2005, Mr HaythamElZayn, a recently appointed non-executive director based in the US will helpPPR to open up significant markets within the United States. Mr ElZayn isPresident of National Administrative Solutions Corp ("NASC") and he will promotePPR's products through NASC's extensive distribution and commercial network.This will focus on PPR's glazing protection systems for homes and commercialbuildings (providing protection against bomb blast and hurricane damage), whilstdistributing PPR's film and anchoring products into the wholesale buildingproducts market, and PPR's automotive products into the extensive US car retailmarket. In June 2005 Mr ElZayn acquired 14,322,349 shares in PPR (currently representing8.6% approx. of the issued share capital). This information is provided by RNS The company news service from the London Stock Exchange
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