BlastGard International Named 2005 Technology Innovation Award Winner by Aviation Week
Clearwater, FL - November 22, 2005 - BlastGard International's, (OTCBB:BLGA), BlastWrap technology has been named a recipient of a 2005 Aviation Week Magazine's Technology Innovation Award. BlastGard was one of only five recipients of the publications annual award highlighting innovation in aerospace and defense technology. The award was presented at Aviation Week's conference in Phoenix, Arizona. This year's conference focused on the issues most critical to those working in Aviation where exploration, innovation, and invention meet head-on with the realities of national defense, transportation and security.
BastWrap® technology is a product that is designed to mitigate blasts and suppress blast thermal output and the ensuing fires from blasts and explosions, regardless of the material or compound that causes the explosion. BlastWrap® can be wrapped around or conform to any shape, and it is being used in applications such as trash receptacles, oil pipelines, transportation vehicles etc.
"We are extremely proud that our BlastWrap® technology has been recognized by Aviation Week, a highly acclaimed industry trade publication. We believe that as BlastWrap® becomes known in the marketplace, it will greatly impact the world of airline safety and the way the world deals with threats from explosive devices. We recently announced the signing of a five-year agreement with Nordisk Aviation Products Inc., the world leader in supplying cargo equipment to the airlines of the world, to combine BlastWrap technology with Nordisk's products to develop superior blast mitigating products for the air cargo and unit loading devices market," said James Gordon CEO and Chairman of BlastGard International.
About Aviation Week Group
Aviation Week Group, a division of The McGraw-Hill Companies, is the largest multimedia information and services provider to the global aviation and aerospace industry, and includes publications such as Aviation Week & Space Technology, Defense Technology International, Aviation Daily, Overhaul & Maintenance, Aerospace Daily & Defense Report, ShowNews, Business & Commercial Aviation, The Weekly of Business Aviation, and the World Aerospace Database. The group's web portal, www.aviationnow.com, offers the industry's most reliable news, information, intelligence and features, and its Aviation Week Intelligence Network (AWIN) at www.aviationweek.com is the industry's most integrated business tool for managers, business developers, buyers and technical professionals across the entire aviation and aerospace field.
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 |
|