Simula and Second Chance Body Armor Form Strategic Alliance

11 February 2000

Simula Inc. and Second Chance Body Armor Inc. Form Strategic Alliance to Develop Life-Saving Technologies and Products

    PHOENIX--Feb. 10, 2000--Simula Inc. and Second Chance Body Armor Inc., global leaders in personal safety systems, today announced the formation of a strategic alliance to jointly pursue projects that focus on new soft body armor and other transparent and opaque armor systems aimed at saving lives and protecting civilian and government personnel from ballistic and other life-threatening events.
    Simula is a diversified technology company whose products include protective armor and advanced transparent polymers. Second Chance Body Armor is the nation's largest manufacturer of soft, concealable personal body armor.
    In leveraging the two companies' respective technological and marketing strengths, the alliance -- which may include the cross-licensing of technologies -- is expected to enhance the speed at which newly developed armor products enter the marketplace.
    Second Chance, located in Central Lake, Mich., is the nation's largest manufacturer of soft, concealable personal body armor, and its founder is credited with inventing this life-saving, patented technology. In addition, the company manufactures a range of anti-ballistic and anti-puncture personal protection systems for law enforcement, tactical, corrections and special-duty applications.
    The company has led every major advance in soft body armor wearability while maintaining superior performance standards. This dedication to customer satisfaction and superior performance has resulted in the company's documented ability to save the lives of almost 800 users to date. Additional information about Second Chance can be found at www.secondchance.com.
    Simula, with headquarters in Phoenix, designs and manufactures occupant safety systems and devices engineered to safeguard human life in a wide range of air, ground and sea transportation vehicles. The company operates in two principal markets that are aligned with its core technologies: government and defense contracting, and automotive safety systems.
    Other technical disciplines of the company include advanced parachutes, personal survival equipment, crash sensors, a large range of protective armor products, inflatable restraints and advanced transparent polymer materials. Additional information about Simula can be found at its Web site, www.simula.com.