BlastGard International, Inc. Announces Establishment of Advisory Board and Appointment of Initial Members
April 20, 2004, Clearwater, FL. BlastGard International, Inc. (OTCBB: "BLGA" - news) is pleased to announce that it has established an advisory board with respect to internal operations, which includes advice regarding: a) the formation of corporate goals and their implementation; b) the financial structure, programs, and projects of the Company; c) corporate organization and personnel and; d) rendering advice with respect to any acquisition program of the Company. The Company has engaged Elliott H. Cole, a partner at Patton Boggs, a Washington, D.C. - based full-service law firm that specializes in international and trade law; and Colonel John C. Garrett, a Defense/Security advisor at Patton Boggs, as the initial members of the advisory board.
"These gentlemen bring a breadth and depth of background and experience that complement the Company's strategic objectives," explains Jack Waddell, President and COO of BlastGard. "Given their extensive experience in creating product strategies and leading high-growth companies, we believe Mr. Cole and Colonel Garrett will allow BlastGard to maximize many of the opportunities we are presently working on, providing us with both general and project-specific oversight and direction."
Mr. Cole is a partner at Patton Boggs and has practiced corporate law in Washington, D.C. for over 40 years, more than 30 of those years as a partner at Patton Boggs. Mr. Cole's expertise lies in the representation of early-stage companies. As a counselor of start-ups through mezzanine and later-stage financing, Mr. Cole assists with bringing companies in a wide range of businesses along to maturity. His broad-based contacts with financiers and investors have provided capital and management assistance to a number of the firm's clients over the years. Mr. Cole serves on the boards of several business, community and social organizations. He has been a Trustee of Boston University for more than 20 years, having served on its Investment Committee and Community Technology Fund. Mr. Cole encourages the use of the firm's lawyers in the context of membership on the management team of business clients of the firm, furthering his philosophy that attorneys very often bring unique and valuable perspectives and contacts to business organizations and management. Mr. Cole is a member of the state bar of Massachusetts as well as the District of Columbia.
Colonel Garrett has been serving as a Defense/Security Advisor for Patton Boggs since 1998 providing analysis and advice regarding defense and security matters, typically in the following areas: procedures and requirements for systems research and acquisition; integration of related requirements for infrastructure, logistic support and maintenance; export control issues; and coordination of contracts for procurement, technology transfer, and co-production. Decorated during combat in Vietnam, Operation Desert Storm, and Somalia, Colonel Garrett served over 27 years in operational command and staff assignments. From 1994 through 1996 he commanded a Marine Expeditionary Unit (Special Operations Capable), a large and versatile force with a robust portfolio of capabilities ranging from no-notice special/clandestine missions to conventional operations. In this assignment, he worked hand in hand with U.S. Ambassadors, Regional U.S. Commanders in Chief, and host nation Heads of Service to develop security, force protection, training/exercise programs with the land, naval, and air forces of allied nations. He successfully accomplished critical operational missions including command of the 4,000 man U.S., Italian, Pakistani, and Bangladesh combined group that secured all U.N. forces in Somalia during Operation United Shield in the Spring of 1995. Until joining Patton Boggs, he was assigned to the Pentagon in a variety of high-level posts. For the Quadrennial Defense Review (QDR) Task Force, he analyzed reform proposals from the Office of the Secretary of Defense (OSD), and briefed his resulting recommendations daily to a four-star joint oversight committee. As Staff Planner, Joint Service Branch, he was the direct representative of the Commandant of the Marine Corps to report on multi-service issues from the Joint Chiefs of Staff and OSD. Most recently, he served as Head, Requirements and Assessments Branch, Staff of the Chief of Naval Operations, developing organizational vision and strategy for integration and implementation of the Department of the Navy budget; heading fiscal negotiations among all Department resource sponsors; and supervising the technical and support services of an extensive portfolio of private sector analysts and consultants. Mr. Garrett has extensive international experience and enjoys close professional relationships in the Department of Defense, the State Department, and the defense industry.
About BlastGard International, Inc.
BlastGard International, Inc. creates designs, develops, manufactures
and markets proprietary blast mitigation materials. The Company's
patent-pending BlastWrap® technology effectively mitigates blast
effects and suppresses post-blast fires. This unique technology is
being used to create new, finished products or to retrofit to existing
products. BlastWrap® is a market leading product from which blast
protection solutions are built to save lives and reduce damage to
valuable assets from explosions. Additional information on BlastGard
can be found at http://www.blastgardintl.com.
"Safe
Harbor" statement under the Private Securities Litigation Reform Act of
1995: Except for historical information, all of the statements,
expectations and assumptions contained in the foregoing are
forward-looking statements that involve a number of risks and
uncertainties. It is possible that the assumptions made by management
are not necessarily the most likely and may not materialize. In
addition, other important factors that could cause actual results to
differ materially include the following: the Company's ability to
market its products; the Company's ability to obtain additional
funding; the Company's ability to obtain regulatory approvals on new
products, the general economy; competitive factors; ability to attract
and retain personnel; the price of the Company's stock; and other risk
factors. The Company takes no obligation to update or correct
forward-looking statements.
Company Contact:
BlastGard International, Inc.
Michael J. Gordon
(727) 592-9400 |
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