Ideal Innovations, Oshkosh Truck, and Ceradyne Awarded Contract for Bull MRAP Vehicles

Team Will Manufacture and Deliver Bull(TM) Armored Vehicles to US Military for Testing

(Arlington, Va., & Oshkosh, Wis., & Costa Mesa, Calif., December 19, 2007) -- Ideal Innovations, Inc. (I-3), Oshkosh Truck Corporation (NYSE:OSK), and Ceradyne, Inc. (NASDAQ:CRDN) announced today that they have been awarded a delivery order of $18.1 million by the government to produce and deliver Category 1 (6 man) variants and targets of The Bull(TM) Mine Resistant Ambush Protected (MRAP) vehicle to the U.S. Marine Corps Joint MRAP program office. The vehicles are to be delivered in the first quarter of calendar year 2008 and will be used for further government testing of their Explosively Formed Penetrator (EFP) resistant capabilities. Improving upon current MRAP vehicle protection and mobility capabilities, these vehicles are designated as MRAP II type vehicles. This delivery order will be shipped against a $12.5 billion indefinite delivery/indefinite quantity (ID/IQ) contract. The companies record as firm orders and backlog only delivery orders, such as the above $18.1 million, that have firm scheduled delivery dates.

"The team is looking forward to supplying the The Bull(TM) MRAP II to the government for further testing. We will continue to work with our partners in this effort to ensure we provide vehicles to meet contract requirements and bring this life-saving technology to the field as quickly as possible," said Bob Kocher, president of Ideal Innovations, Inc.

Source : Ceradyne Inc.

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