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Simula Reports Q2 Orders and Options

7 July 1998

Simula Second Quarter Orders and Options Total $71.7 Million

    PHOENIX, July 7 -- Simula, Inc. , as a follow-up
to its June 4th announcement disclosing new orders and options received in
April and May, released today the total value of new firm orders and options
received during the second quarter of this year.  For June, additional firm
orders and options received are valued at approximately $11.2 million bringing
the total for the quarter to approximately $71.7 million.  The total value of
firm orders and options received during the first six months of 1998 is
approximately $102.1 million.
    New firm orders and options received this quarter in the Commercial
Transportation Seating segment totaled $35.7 million, principally for the
company's commercial airliner seating business.  Firm orders and options
received this quarter in the Government and Defense segment totaled $23.8
million and included the initial order for the company's emergency bailout
parachute and a development program for a new application of the company's
Cockpit Airbag System.  Firm orders and options in the Automotive Safety
Systems segment totaled approximately $12.2 million for the ongoing production
of Simula's ITS(R) automotive side impact head protection product.
    "The orders received during the second quarter of 1998, along with the
agreements we have recently signed with first-tier automotive suppliers,
continue to demonstrate the increasing acceptance of our new products in the
market place.  The magnitude and type of products represented by these
commitments are very encouraging as we continue to focus the company to
capitalize on our high growth product lines," commented Don Townsend,
president of Simula.
    Simula, Inc., based in Phoenix, Arizona, USA, is an acknowledged world
leader in transportation safety and energy absorption technology.  Its
principal product lines are protective systems including inflatable
restraints, airbags, ballistic armor, high technology energy absorbing
aircraft seating systems and rail and mass transit seating systems.
Additional information about the company is located on the Internet at
http://www.simula.com.
    The estimates of contract and purchase option values and production
periods constitute forward looking information.  Although such estimates are
based on reliable information and past experience, operating results are
affected by a wide variety of factors, many of which are beyond the control of
the company.  The factors include the levels of orders which are received and
can be shipped in a quarter; whether and when order options are exercised;
customer order patterns and seasonality; contract mix and shifting production
and delivery schedules; manufacturing capacity and yield; costs of labor, raw
materials, supplies and equipment; technological changes; competition and
competitive pressures on pricing; economic conditions in the United States and
worldwide as well as other risks that are detailed from the to time in the
company's registration statements and periodic filings with the U.S.
Securities and Exchange Commission.