August 11, 2012

180 Armored Vehicle Contract for International Armoring Corporation

INTERNATIONAL ARMORING CORPORATION RECEIVES ORDER TO

ARMOR 180 VEHICLES IN PHILIPPINES

CENTERVILLE, UTAH, July 31, 2012 –

International Armoring Corporation (IAC) announced today, that it has received an order to armor 180 vehicles for use in the Philippines from a multi-national security company / investor. The vehicle contract, mostly light Toyota SUV chassis, will be built to level B6 protection (High Powered Rifle) valued at nearly U.S.$20 million. All materials required to armor these vehicles will be designed and manufactured in IAC’s Centerville, Utah facility and shipped to IAC’s Philippine plant for install in the vehicles. It is anticipated that the entire contract will be completed by August 2013.

Ana Basa, Manager of Sales and Marketing of IAC Philippine operation stated: “The majority of these vehicles required for this contract will be subsequently leased or re-sold to multi-national corporations and in country government officials to provide protection for the increased security concerns which exist throughout the Philippines”. IAC opened the 17,500 sq./ft. Philippine plant in March of 2011 in the Subic Bay free trade zone. The facility was initially opened to handle excess demand in the region as well as U.S. Government contracts previously built in IAC’s Spain manufacturing facility. The facility currently employs 30+ employees and anticipates to more than doubling that number with this contract. IAC has already located a second facility in the Philippines to handle increased demand of this contract and expected additional contracts.

“We are very pleased with the success of our Philippine operation” said Mark Burton, CEO and Founder of International Armoring Corporation, parent of IAC Philippines, “The technicians have picked up the armoring skills required very quickly and have shown an incredible level of efficiency in producing these vehicles. Together with the support of our Utah headquarters and the increased demand for in-country armored vehicles we anticipate great things from this
facility”.

The Philippine plant is one of five (5) plants IAC is currently operating worldwide.

About International Armoring Corporation (IAC) Founded in Ogden, Utah in 1993 IAC now has numerous manufacturing and service facilities around the world. IAC has built over 8,000 armored passenger vehicles – shipped to over 50 different countries, including 41 different foreign presidents and heads of state. Governments, subcontractors, militaries, international corporations, religious leaders (including the Pope), celebrities, vehicle manufacturers, and other individuals use IAC vehicles. IAC is the originator and designer of high tech fibers (“ARMORMAX®”) used in the armoring of passenger vehicles. ARMORMAX® reduces added armor weight by 40 – 60%. IAC has been featured in over 200 media stories in Discovery and History Channel, CNBC, Time Magazine, Fox News and the Wall Street Journal. The armored vehicles currently being produced by IAC are able to defeat up to high power rifle fire as well as Improvised Explosive Devices (IED).

For further information please contact Mark Burton at 801-393-1075.