A New Force in Armoured Systems Announced; Marshall Land Systems and Plasan Form Joint Venture

SASA, Israel, February 1 - A new force in vehicle and armour systems is announced today at the
International Armoured Vehicles Conference being held at the Excel Conference
Centre on 2nd and 3rd February 2010. Marshall Land Systems and Plasan
announce the formation of a joint venture to design, manufacture and market
armoured solutions to the UK land, naval and where appropriate air domains.

The 50:50 JV will be based in the UK with both companies having an equal
number of board members. It will be a free standing company reporting to the
boards of both Marshall Land Systems and Plasan. It is intended that the JV
will be MLS's main centre for armouring excellence capitalising on Plasan's
undoubted world leading capability in armour.

"This JV is a major step in the development of Marshall Land Systems'
offering to the defence and security community and enables us to provide an
even more integrated solution to our customers, with Plasan, a world leader
in survivability and armour solutions" said Peter Callaghan, Chief Executive
of Marshall Land Systems.

"Marshall Land Systems expertise and knowledge, and the respect with
which it is held, makes it the ideal partner for Plasan, as we seek to
provide even better armour protection to our defence customers in the UK,"
said Dani Ziv, Chief Executive of Plasan .

The JV will be working to provide a credible alternative solution for the
supply of armour solutions to the end user, vehicle prime contractors and
OEMs.

About Marshall Land Systems

Marshall Land Systems (MLS) is part Marshall Group, a large (GBP750M)
family owned independent group of companies involved in the automotive,
aerospace and land systems areas. Headquartered in Cambridge UK, Marshall
Group can trace its history back to 1909.

MLS specialises predominantly in defence vehicle and shelter design,
manufacture, integration and product support. MLS has three major components,
which design and produce shelters and specialist vehicles, manufacture
vehicle load beds and a specialist design division which carries out UOR
work, EOD, EMI, EMC, Safety Cases and Consultancy.

Further information is available at www.marshall-ls.com

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Marshall delivers Mobile Intelligence System to UK Ministry of Defence

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Norwegian Field Hospital deploys to Chad with support from Marshall
Engineers

Marshall delivers LEAPP shelters

About Plasan

Plasan is an international company engaged in the design,
development, and manufacture of state-of-the-art, lightweight, ballistic
armour protection products and integrated survivability systems. It has
rapidly become a key global manufacturer and integrator of comprehensive
armour solutions used on various light military vehicles, APCs, personal
protection equipment, rotary and fixed-wing platforms, as well as naval
vessels.

Plasan's survivability solutions offer a unique optimization
between protection, payload and cost by combining in-house R&D, design,
prototyping, testing and manufacturing capabilities. Plasan's unique products
are at the heart of proven passive armour protection systems which are
operationally proven and used by defence, law enforcement and security
personnel in Europe, the U.S., Asia and the Middle East.

Plasan has been involved in a number of major Equipment
Programme and UOR armouring projects for the UK market since 2003 including
the Wheeled Tanker, HET, Viking and Chinook, and most recently the Medium
Tactical Support Vehicle, Husky, produced by Navistar Defense which is
equipped with a Plasan survivability solution designed specifically to meet
UK operational requirements offering enhanced protection from ballistics
threats, mines and roadside bombs.

Further information is available at www.plasan.com

    Contact:

    Yael Arnin
    Marketing Manager
    Tel +972-0)4-809001 Ext #2146
    Mob +972-0)-42872146
    arnin@plasan.com
    www.plasan.com 

    Hadas Weizman
    Media Relations Manager
    Mob: +972-54)2872110
    hadasw@plasan.com
    www.plasan.com 

    Tim Otter
    Future Business Director
    Tel +44-0)-223-73079
    Mob+44-0)-748-90802
    tim.otter@marshall-ls.com
    www.marshall-ls.com

    Mark Broughton
    Marontech Communications
    Tel: +44-0)1428-47979
    Mob: +44-0)7880-06345
    mark.broughton@marontech.co.uk
    www.marontech.co.uk

Contact:Yael Arnin, Marketing Manager, Tel +972-0)4-809001 Ext #2146, Mob +972-0)-42872146, arnin at plasan.com, www.plasan.com . Hadas Weizman, Media Relations Manager, Mob: +972-54)2872110, hadasw at plasan.com, www.plasan.com . Tim Otter, Future Business Director, Tel +44-0)-223-73079, Mob+44-0)-748-90802, tim.otter at marshall-ls.com, www.marshall-ls.com. Mark Broughton, Marontech Communications, Tel: +44-0)1428-47979, Mob: +44-0)7880-06345, mark.broughton at marontech.co.uk, www.marontech.co.uk