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Simula Reports Orders and Options for the Fourth Quarter

13 January 1999

Simula Reports Orders and Options for the Fourth Quarter; Total for 1998 Exceeds $163 Million

    PHOENIX, Jan. 13 -- Simula, Inc. announced today
that for the fourth quarter ended December 31, 1998 it received approximately
$18 million in new firm orders and options for products in all three of its
market segments.  This brings the total orders and options received in fiscal
1998 to approximately $163 million.
    "This marks the second consecutive year of strong order volume building a
backlog base which allows us to sustain our year-to-year revenue growth,"
commented Don Townsend, President of Simula, Inc.
    New firm orders and options received during the fourth quarter in the
government and defense segment totaled approximately $4 million.  This brings
the total for 1998 to approximately $47 million for the government and defense
segment.  In addition, approximately $4 million in previously reported options
for parachute products in the government and defense segment converted to firm
orders during the fourth quarter. Orders received in the automotive safety
products segment, including ongoing production of Simula's ITS(TM) automotive
side impact head protection system, totaled approximately $7 million this
quarter and approximately $32 million for the year.  Approximately $6 million
in new orders and options were received for airliner seat products this
quarter bringing the annual total to approximately $65 million.  The company
also received new orders and options totaling approximately $1 million for
rail and mass transit seating products during the fourth quarter.  Orders and
options received during 1998 for rail and mass transit seating totaled
approximately $19 million.
    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 time to time in the
company's registration statements and periodic filings with the U.S.
Securities and Exchange Commission.