2005 WORLD WIDE ARMORED CAR SURVEY Preview of Dramatic Changes ©FWCG 2005 All rights reserved

(1) Market Overview The trend towards rifle level cars started in 2003 with the Iraq war – 2004 was a year of market and supplier growth 2005 – capacities increased, demand finally met Not all armorers survived this growth opportunity but many prospered As did critical suppliers

2005: Unprecedented Growth The market increased 20-25% in one year – the largest volume increase ever And the market is now two clearly separate –and somewhat equal- segments A handgun level market almost exclusively in South America A rifle level market primarily in the Middle East and Eastern Europe

World Growth Is Centered In The East and Middle East Our research indicates the greatest percentage growth has occurred in Russia and the “Stans” In absolute numbers, rifle level growth in units is led by the Middle East Together, they will ultimately be the largest market in the world by number of units and dollar value

Not All Armorers Prospered The rush to become a rifle level armorer left some behind The capital required to ramp up, stock opaque and transparent armor was a problem There were supplier issues: those who had prior connections prospered As demand was met, price became less of a factor

What Is Required To Be Successful In The Rifle Market Of The Future? Better suspensions Standard glass designs to facilitate replacement More attention to vehicle integrity – armor attachments, better mechanical systems from door hinges to window mechanisms I.E.D. certified protection

Other Areas and Stats Sales by area of the world Gov’t vs private sales, demand by armor levels I.E.D.’s and their influence on ballistic standards and testing Growing end-user sophistication and what that will mean for independent armorers Dynamic testing vs. static will become mandatory Most popular armored vehicles and trends Who are the major firms and their volumes OEM’s in or out…who is serving the market And much more……

New Survey Available March ‘06 Who subscribes to the surveys? Automotive OEM’s Tier 1,2 and 3 vendors Major consulting firms Armoring companies & integrators Ballistic glass suppliers Chemical and Steel firms Corporate Security Directors Risk Management firms/insurers

Reserve Now Advanced sales are discounted and are distributed prior to general announcement Call or Email Far West and we will review your needs 954-428-8228 (US, Eastern Std time) Email:fwcg@autosafety.com