The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

Special Devices, Inc. Announces Strong Growth in Bookings

29 September 1999

Special Devices, Inc. Announces Strong Growth in Bookings
    MOORPARK, Calif., Sept. 28 -- Special Devices, Inc. (SDI), a
leading designer and manufacturer of highly reliable, precision-engineered
pyrotechnic devices for the aerospace and automotive industries, announced a
significant increase in aerospace bookings for the nine-month fiscal year,
1999.  Bookings for the company have increased nearly 200% over the same nine
months in 1998.  Aerospace sales for this third quarter were at record levels,
25% above the third quarter last year.  Andrew Bonas, Vice President of
Aerospace Operations, attributes the success to "streamline manufacturing and
touch labor efficiencies."  He added, "It's an exciting time here at SDI
Aerospace.  Development continues on five new Delta IV products with three at
or near development completion."
    In other news, the company's automotive division has secured new business
contracts for its micro-gas generator (MGG) line of products.  One of its
largest customers has informed SDI that it will be the majority supplier in
North America of MGG's for its seat belt pretensioners.  The contracts
represent an important program win for the division.  John Walsh, Vice
President of Marketing and Programs, commented, "These contracts give SDI the
potential for an increased presence in the international arena while helping
us maintain our dominant position in the domestic market."  MGG's are a key
component in seat belt pre-tensioning devices for automobiles.  The MGG's are
for a number of North American automotive customers.
    Special Devices, Inc. (SDI) is a leading designer and manufacturer of
highly reliable, precision-engineered pyrotechnic devices for the aerospace
and automotive industries.  The Company is dedicated to supplying its
customers with products that meet their stringent requirements while
maintaining the highest level of quality, reliability and innovation.  SDI is
a privately held corporation whose principle shareholders are affiliates of
J. F. Lehman & Company.  For more information regarding SDI, contact
805-553-1200.

    This release contains forward-looking statements relating to business
growth at SDI.  These forward-looking statements are based on current
expectations and involve various risks and uncertainties that may cause actual
results to differ materially from those contemplated by such forward-looking
statements.  SDI undertakes no obligation to update forward-looking statements
to reflect events or circumstances after the date thereof.