Plasan to Highlight SandCat Contracts and Deliveries at Milipol

PARIS, November 17 - Plasan, a global leader in the field of combat-proven
survivability and armour solutions for vehicles, airborne platforms and
personal protection, today announced a delivery and a new contract for the
SandCat.

Plasan, as subcontractor to Ford's dealer in Israel, has
recently won a contract for the delivery of 79 armoured SandCats to the
Israeli police; first units are expected to be delivered early February 2010.
This comes after the recent delivery completion of 25 SandCats for the
Bulgarian Army, together with Oshkosh Corporation.

Mr. Yaron Roded, Marketing and Business Development Manager at
Plasan, comments: "The SandCat design fits perfectly into today's peace
keeping and HLS tasks, taking into account the emerging threats while
maintaining the required flexibility for off-road and on-road mission profile
which are so essential for many Police and SWAT teams world-wide"

The Sand Cat is a compact, highly manoeuvrable platform
capable of carrying up to eight fully equipped soldiers. The SandCat vehicle
has been optimized for travelling in dense urban terrain as well as over
rough, unpaved roads. The Sand Cat is customized for both military and
homeland security purposes, such as SWAT missions and counter-insurgency
activity. It is based on an upgraded commercial of-the-shelf Ford F-Series
4×4 chassis, adapted by Oshkosh Corporation for military use and fitted with
Plasan-designed and manufactured modular armour made of advanced Metal
Composite & Ceramics Composite Kitted Hull structure.

Mr. Dan Ziv, CEO of Plasan, says: "These recent achievements
highlight Plasan's reputation as a global leader in armour and survivability
solutions. Plasan continues to distinguish itself at the forefront of armour
and survivability systems worldwide."

About Plasan

Plasan provides customized survivability solutions for
tactical wheeled vehicles, aircraft, naval platforms, civilian armoured
vehicles and personal protection. A recognized global leader and industry
veteran, Plasan's survivability solutions offer the optimal combination of
protection, payload, and cost by combining in-house R&D, design, prototyping
and manufacturing capabilities.

Plasan combines innovative survivability engineering and
design with advanced armour materials development. Its unique development
process is based on continuous interaction between the R&D and the Design &
Prototyping departments. During this process, Plasan combines
computer-generated analysis and simulations with real-time calibration and
ballistic test data. The effective combination of test and simulation data
enables improved simulation accuracy and performance, resulting in the
optimal survivability solution.

Plasan's engineers are unique in terms of their military
backgrounds and hands-on experience. As veterans of the Israel Defence Forces
they are familiar with soldiers' behaviour during combat and share a common
language with the end user. This often contributes to the development of life
saving solutions.

Plasan's success is a combination of innovation, a high level
of commitment and a full range of in-house capabilities. As a preferred
supplier to the Israel Defence Forces and an approved supplier to ministries
of defence around the world, Plasan's solutions have been tried and tested by
dozens of armed forces in the most demanding battlefields such as Lebanon,
Iraq and Afghanistan.

As a global company with locations in Israel, North America
and Europe, Plasan is a worldwide market leader. Plasan's production
capabilities are complemented by a comprehensive supply chain that
encompasses suppliers of materials, equipment and solutions in strategic
locations worldwide. This extensive network enables the production capacity
flexibility necessary to expand or reduce production volumes according to
demand. Please visit www.plasan.com.

    For more information please contact:

    Hadas Weizman,
    Media Relations Manager
    +972-542-872-110
    hadasw@plasan.com

For more information please contact: Hadas Weizman, Media Relations Manager, +972-542-872-110, hadasw at plasan.com