Simula, Inc. Teleconference to Discuss Business Outlook and Refinancing

    PHOENIX--Sept. 26, 2001--Simula, Inc. (AMEX: SMU) will host a teleconference to discuss the Company's recently completed refinancing and outlook for the Company.

    Date: Thursday, September 27, 2001

    Conference Time: 8:30 a.m. (MST/PST) / 11:30 a.m. (EST)

    Phone (Domestic): 646-862-1043

    This conference call may be accessed live on the Internet at www.redchip.com.

    If you are unable to participate live, the call will be archived for 30 days on www.redchip.com.

    For more information go to our website www.simula.com.

    Simula designs and makes systems and devices that save human lives. Its core markets are aerospace and defense systems, and automotive safety systems. Simula's core technologies include inflatable restraints, energy-absorbing seating systems, advanced polymer materials, lightweight transparent and opaque armor products, personnel protective equipment and sealed parachutes, and crash sensors. For more information, go to www.simula.com.