Guardian Anti-Ballistic Panel Cockpit Security Door Chosen For DHL Airways' DC 8 Cargo Aircraft
Business Editors
CARSON CITY, Nevada--(BUSINESS WIRE)--July 25, 2002--Caring Products International, Inc. (OTCBB: CPRD) ("CPI") and its wholly owned subsidiary USDR Global Aerospace, Inc. ("USDRGA") are pleased to announce that USDRGA's proprietary Guardian(TM) Anti-Ballistic Panel Cockpit Security Door (the "Guardian(TM) Door") has been selected for installation in DHL Airways' ("DHL") DC8 cargo aircraft. DHL, an air cargo industry leader, is anticipating the need to comply with broadening FAA flightdeck security regulations, initially enacted only for passenger-carrying aircraft.
The Guardian(TM) Door was developed specifically to comply with FAA regulations initiated after September 11, 2001, requiring that all U.S.-registered commercial transport airlines and all foreign air carriers operating within the United States install a reinforced cockpit door by April 9, 2003. In addition, the FAA recently proposed further regulations requiring that certain U.S.-registered and foreign cargo aircraft carriers operating within the United States make security, operational and procedural improvements to prevent unauthorized access to the cockpit. The significance of the FAA's most recent proposed regulations is that flight deck security enhancements that first were mandated for passenger-carrying aircraft have now been extended to include certain U.S. and foreign cargo aircraft, thereby expanding the market for the Guardian(TM) Door significantly. The Guardian(TM) Door is expected to be the first reinforced cockpit door to receive STC certification from the FAA, which USDRGA anticipates receiving by August 2002. STC (Supplemental Type Certificate) certification is granted when an applicant has received FAA approval to modify an aircraft from its original design.
"As leaders in the global airline marketplace, DHL recognizes the value in being proactive in advance of the new FAA regulations and our final STC approval, anticipated in August, 2002," stated John Robinson, CPI's Chairman & CEO. "We anticipate substantial demand once our STC approval is received due to the FAA imposed April 9, 2003 deadline, forcing the airlines to act as soon as possible to meet this date."
DHL is expected to be the first cargo aircraft carrier to incorporate a fully FAA certified security cockpit door when it completes its initial installation in September 2002 at its Cincinnati, Ohio hub, substantiating the expected increased demand for an enhanced security door for cargo aircraft needing to fulfill these legal requirements.
The technology used in the proprietary G-Lam(TM) nano-scale, anti-ballistic material incorporated in the Guardian(TM) Door provides the highest level of ballistic protection and structural integrity at the least weight of any commercially available material. Utilizing the latest nanotechnology (i.e. constructing material on a molecular level), USDRGA is able to integrate superior technological characteristics in a practical application through the Guardian(TM) Door. Specifically, the G-Lam nano-scale ballistic material has a tensile strength eight times that of m-aramid and tensile strength and tensile modulus nearly twice that of p-aramid (commonly known as Kevlar(TM) Dupont).
About DHL Airways, Inc. (http://www.dhl.com)
Named the "World's Most Global Company" by Global Finance Magazine, DHL WordWide Express (composed of DHL Airways, Inc., and its affiliates and subsidiaries) is the global market leader of the international air express industry, linking more than 120,000 destinations in over 220 countries. The network is serviced with a modern fleet of 102 aircraft in the U.S. and 251 aircraft worldwide and operates an unmatched global system of 36 hubs and 275 gateways.
About USDR Global Aerospace, Ltd. and Caring Products International, Inc.
Caring Products International, Inc., through its wholly owned subsidiary, USDR Global Aerospace, Ltd., is an aerospace research, development and engineering company with expertise in the emerging field of nanotechnology. Caring Products International, Inc., through its subsidiary, owns the rights to the patent pending ballistic impact resistant nano-denier fibrous woven sheet, used to produce a proprietary cockpit security door, known as the Guardian(TM) Anti-Ballistic Panel Cockpit Security Door ("Guardian(TM) Door").
These statements are based on assumptions that the management of Caring Products International, Inc. believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of Caring Products International, Inc. and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and are subject to a wide range of business risks, external factors and uncertainties, including the inability to secure the necessary STC certification from the FAA, the lack of acceptance of the company's products by its customers and prospects, the inability to secure necessary product sales and the inability to obtain necessary substantial capital to manufacture and market its product and otherwise implement its business plan. In each case, actual results may differ materially from such forward-looking statements. Caring Products International, Inc. does not undertake to publicly update or revise its forward-looking statements regarding Caring Products Inc. or USDR Global Aerospace, Ltd., even if experience or future changes make it clear that any projected results (expressed or modified) will not be realized.
--30--cee/cgo*
CONTACT: ECON Investor Relations Inc.
Dawn Van Zant, 866/386-8380
[email protected]
KEYWORD: NEVADA
INDUSTRY KEYWORD: AEROSPACE/DEFENSE MARKETING AGREEMENTS PRODUCT
SOURCE: Caring Products International, Inc.
Business Editors
CARSON CITY, Nevada--(BUSINESS WIRE)--July 25, 2002--Caring Products International, Inc. (OTCBB: CPRD) ("CPI") and its wholly owned subsidiary USDR Global Aerospace, Inc. ("USDRGA") are pleased to announce that USDRGA's proprietary Guardian(TM) Anti-Ballistic Panel Cockpit Security Door (the "Guardian(TM) Door") has been selected for installation in DHL Airways' ("DHL") DC8 cargo aircraft. DHL, an air cargo industry leader, is anticipating the need to comply with broadening FAA flightdeck security regulations, initially enacted only for passenger-carrying aircraft.
The Guardian(TM) Door was developed specifically to comply with FAA regulations initiated after September 11, 2001, requiring that all U.S.-registered commercial transport airlines and all foreign air carriers operating within the United States install a reinforced cockpit door by April 9, 2003. In addition, the FAA recently proposed further regulations requiring that certain U.S.-registered and foreign cargo aircraft carriers operating within the United States make security, operational and procedural improvements to prevent unauthorized access to the cockpit. The significance of the FAA's most recent proposed regulations is that flight deck security enhancements that first were mandated for passenger-carrying aircraft have now been extended to include certain U.S. and foreign cargo aircraft, thereby expanding the market for the Guardian(TM) Door significantly. The Guardian(TM) Door is expected to be the first reinforced cockpit door to receive STC certification from the FAA, which USDRGA anticipates receiving by August 2002. STC (Supplemental Type Certificate) certification is granted when an applicant has received FAA approval to modify an aircraft from its original design.
"As leaders in the global airline marketplace, DHL recognizes the value in being proactive in advance of the new FAA regulations and our final STC approval, anticipated in August, 2002," stated John Robinson, CPI's Chairman & CEO. "We anticipate substantial demand once our STC approval is received due to the FAA imposed April 9, 2003 deadline, forcing the airlines to act as soon as possible to meet this date."
DHL is expected to be the first cargo aircraft carrier to incorporate a fully FAA certified security cockpit door when it completes its initial installation in September 2002 at its Cincinnati, Ohio hub, substantiating the expected increased demand for an enhanced security door for cargo aircraft needing to fulfill these legal requirements.
The technology used in the proprietary G-Lam(TM) nano-scale, anti-ballistic material incorporated in the Guardian(TM) Door provides the highest level of ballistic protection and structural integrity at the least weight of any commercially available material. Utilizing the latest nanotechnology (i.e. constructing material on a molecular level), USDRGA is able to integrate superior technological characteristics in a practical application through the Guardian(TM) Door. Specifically, the G-Lam nano-scale ballistic material has a tensile strength eight times that of m-aramid and tensile strength and tensile modulus nearly twice that of p-aramid (commonly known as Kevlar(TM) Dupont).
About DHL Airways, Inc. (http://www.dhl.com)
Named the "World's Most Global Company" by Global Finance Magazine, DHL WordWide Express (composed of DHL Airways, Inc., and its affiliates and subsidiaries) is the global market leader of the international air express industry, linking more than 120,000 destinations in over 220 countries. The network is serviced with a modern fleet of 102 aircraft in the U.S. and 251 aircraft worldwide and operates an unmatched global system of 36 hubs and 275 gateways.
About USDR Global Aerospace, Ltd. and Caring Products International, Inc.
Caring Products International, Inc., through its wholly owned subsidiary, USDR Global Aerospace, Ltd., is an aerospace research, development and engineering company with expertise in the emerging field of nanotechnology. Caring Products International, Inc., through its subsidiary, owns the rights to the patent pending ballistic impact resistant nano-denier fibrous woven sheet, used to produce a proprietary cockpit security door, known as the Guardian(TM) Anti-Ballistic Panel Cockpit Security Door ("Guardian(TM) Door").
These statements are based on assumptions that the management of Caring Products International, Inc. believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of Caring Products International, Inc. and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and are subject to a wide range of business risks, external factors and uncertainties, including the inability to secure the necessary STC certification from the FAA, the lack of acceptance of the company's products by its customers and prospects, the inability to secure necessary product sales and the inability to obtain necessary substantial capital to manufacture and market its product and otherwise implement its business plan. In each case, actual results may differ materially from such forward-looking statements. Caring Products International, Inc. does not undertake to publicly update or revise its forward-looking statements regarding Caring Products Inc. or USDR Global Aerospace, Ltd., even if experience or future changes make it clear that any projected results (expressed or modified) will not be realized.
--30--cee/cgo*
CONTACT: ECON Investor Relations Inc.
Dawn Van Zant, 866/386-8380
[email protected]
KEYWORD: NEVADA
INDUSTRY KEYWORD: AEROSPACE/DEFENSE MARKETING AGREEMENTS PRODUCT
SOURCE: Caring Products International, Inc.