DHB APPOINTS HOPGOOD TO BOARD |
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Pompano Beach, Florida, March 2007 - DHB Industries Inc. (OTC Pink Sheets: DHBT.PK), a leader in the field of protective body armor, announced the appointment of Suzanne M. Hopgood and Lieutenant General Martin R. Berndt, (USMC-retired) as Directors of the Board, to replace Cary Chasin and Gary Nadelman. Mssrs. Chasin and Nadelman resigned as Directors. Senator (retired) William Campbell, Chairman of the Board of Directors, commented, "I would like to welcome Suzanne Hopgood and Marty Berndt. Suzanne's expertise in the areas of strategic planning and financial management will complement our existing Board. Her breadth of experience in working with public companies undergoing transition is a great asset for our company as we implement corporate governance reforms. General Berndt is a proven leader who will contribute immediately to our success. He is an exceptional source for knowledge into the processes of the Department of Defense. With these appointments, we continue to strengthen our Board, our management team and all facets of our organization, and thereby, enhance shareholder value," Senator Campbell added. Suzanne Hopgood is the President and CEO of The Hopgood Group, a business and workout consulting firm she founded in 1985. She is a financial expert and served on the board of four public companies and as Chairman of the Board for two companies. She helped guide a variety of companies through very difficult business, financial and legal challenges and crises, serving as a turnaround CEO, Chairman of the Board, Chair of public company executive, nominating, governance, and audit committees as well as a member of strategic planning, compensation, and CEO search committees. Suzanne currently serves as the Chair of the nominating and governance committees of Acadia Realty Trust, a public company and has twice served as a member of board slates elected in proxy contests initiated by institutional investors. Ms Hopgood is a member of the teaching faculty of the National Association Corporate Directors ("NACD") and is an active educator, facilitator and mediator for boards of a wide variety of public and private companies on behalf of the NACD. She is an author and frequent speaker on corporate governance issues, and co-wrote the award-winning "Board Leadership for the Company in Crisis". Prior to founding The Hopgood Group, Ms. Hopgood was responsible for a $1 billion equity real estate portfolio for Aetna Realty Investors, a subsidiary of Aetna. She received a Bachelors of Science in business administration from the University of New Hampshire. General Martin R. Berndt retired from the U.S. Marine Corps in 2005, after more than 36 years of service. He commanded U.S. Marine Corps Forces Atlantic, South and Europe; U.S. Marine Corps Bases, Atlantic; and U.S. Fleet Marine Forces, Atlantic and Europe. General Berndt also served in Vietnam and held various positions with the U.S. Marine Corps including Commanding Officer of Headquarters and Maintenance Squadron 26, political-military planner with the Office of the Joint Chiefs of Staff and Executive Officer of Marine Forces Panama. Between 1990 and 1995, he served as a Middle East/Africa planner and U.S. Military Liaison to the West Africa Peacekeeping Force in Liberia, as the Assistant Chief of Staff of Headquarters, U.S. European Command in Stuttgart, Germany, as the Officer-in-Charge, II MEF Special Operations Training Group and as the commander of the 24th Marine Expeditionary Unit. He then served as the Deputy Commander, Marine Forces Atlantic, the Director of Joint Training at USACOM, the Commander of the Joint Warfighting Center and as Deputy Commanding General, Marine Corps Combat Development Command in Quantico Virginia. In 2000 he assumed command of the 2nd Marine Expeditionary Force for two years prior to his final active duty assignment. General Berndt currently serves as a Senior Mentor for the U.S. Marine Corps Staff Training Program and in a similar capacity for Joint Forces Command. He serves as a member of "CorpStrategy" team under the sponsorship of the Institute for Defense and Business, UNC Chapel Hill and is a member of the Onslow County Military Affairs Committee. He serves as a Board member for the Governor's North Carolina Military Foundation and a privately owned company in Northern Virginia. ABOUT DHB INDUSTRIES DHB Industries Inc.'s highly recognized subsidiaries, Point Blank Body Armor, Inc. (www.pointblankarmor.com) and Protective Apparel Corporation of America (PACA) (www.pacabodyarmor.com) are in the protective body armor industry and are focused on the design, manufacture, and distribution of bullet resistant and protective body armor for military, law enforcement, and corrections in the U.S. and worldwide. Company subsidiary NDL Products, Inc. (www.ndlproducts.com) produces and markets a comprehensive line of athletic supports and braces which are merchandised through national superstore chains, as well as through private label distributors. The Company maintains facilities in Deerfield Beach, FL, Oakland Park, FL, Pompano Beach, FL, Jacksboro, TN and Washington, DC. To learn more about DHB Industries Inc. visit the website at (www.dhbindustries.com). |
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