Point Blank Solutions Wins IOTV Contract

Point Blank Body Armor — a subsidiary of Pompano Beach, Fla.-based Point Blank Solutions Inc.
(PBSI), a producer of technologically advanced body armor solutions for the US military, government
and law enforcement agencies, in addition to certain global markets — has received an $86.2 million
contract to manufacture the Improved Outer Tactical Vest (IOTV) for the US Army.

“We are proud Point Blank continues to be the chosen supplier of the US Army and look forward
to meeting the requirements of the soldiers who protect our nation,” said Larry Ellis, president
and CEO, Point Blank Solutions.

Point Blank Body Armor has begun production of the allotted 150,000 IOTVs, and will produce
25,000 per month for six months through December 2008.

July 15, 2008