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Special Devices, Inc. Successfully Fires 'Smart' Initiator

8 February 2000

Special Devices, Inc. Successfully Fires 'Smart' Initiator
    MOORPARK, Calif., Feb. 4 -- Special Devices, Inc. (SDI)
announced the successful firing of its electronic, "smart" initiator for
automotive safety applications.  The device, used in the inflation of
automobile airbags, incorporates a complex ASIC to perform several functions
normally carried out by a central firing unit.
    David Forman, Director of Research and Development at SDI commented, "This
is a revolutionary new product.  The "smart" initiator is interfaced to the
automotive safety system using a computer network, in contrast to current
devices that are directly connected."
    Several experts at major automobile companies believe that without network
technology, the next generation of safety systems may not be possible due to
the increase in connector and cable sizes.
    "This new technology is important to our customers and will help us
maintain SDI's market leadership position," stated Thomas Cresante, CEO at
SDI.
    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 electronic
"smart" initiators 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.