DFTS Defense Technology Systems Inc (CE)

Defense Technology Systems, Inc. (OTCBB:DFTS) announced today that the Board of Directors, which includes current CEO Daniel McPhee, has voted unanimously to initiate a search for a new Chief Executive Officer. The Board's goal is to bring defense industry leadership depth into the Company. The Company has recently implemented a revitalization and redirection plan to leverage its experience in providing digital communication infrastructure solutions to Fortune 1000 companies and expand into providing overall Homeland Security solutions to major metropolitan municipalities. To accelerate the plan, Defense Technology recently acquired a majority interest in an established defense engineering firm with 20 years of experience and a portfolio of proprietary technologies. Through acquisition, Defense Technology has trailing twelve month revenue of $5 million. Management intends to build a Homeland Security product portfolio through acquisition that could add substantial annual revenue through potential acquisitions under negotiation. "Dan McPhee and his team created a timely Homeland Security vision and did well to direct a Company with limited resources toward achieving this vision, "said Philip Verges, a recent addition to the Company's Board of Directors and a graduate of the United States Military Academy at West Point. "With the Company's 2004 restructuring and the recent acquisition of a majority interest in a defense industry engineering firm, Mr. McPhee and his team have positioned Defense Technology for significant growth in 2005. I am confident that as a continuing Board member, Mr. McPhee will continue to bring great value and vision to the Company in his ongoing leadership role." "The Company's prior focus had been in providing voice and data communication solutions" said Mr. McPhee, the current CEO of Defense Technology. "The increase of global terrorism changed the landscape of our customer's communication requirements and changed the world's priorities in regard to business, government and individual decision making. Our Company's focus needed to change as well. The technology economy has made finding necessary resources to fuel any change very difficult, but we persevered and have positioned the Company to grow into a leading Homeland Security solution provider. I believe the shareholders will best be served at this juncture in our Company's development with an experienced Defense industry professional in the role of CEO. I look forward to continuing in a vital role with the Company on the Board of Directors." About Defense Technology Systems, Inc. Defense Technology Systems, Inc. is an international provider of data and security solutions with three operating divisions. The Company's DWS Defense Systems division was created in response to growing international security concerns. DWS offers a broad portfolio of security-related products, including ballistic glass, video surveillance, infrastructure security and associated security systems, The highly skilled DWS Defense Systems team, working in collaboration with its partners, will design, develop, manufacture, install and market specialty products, equipment, and systems for the safety and security needs of all sectors of the domestic and international marketplace. DFTS recently acquired a majority interest in DCI Corporation, a leading edge technology company with over 15 years of experience in engineering specialized hardware and software solutions when commercial-off-the-shelf (COTS) products do not fulfill the critical requirements of enterprise, military or government organizations. DCI's experience has earned them the reputation as a respected Homeland Security solution provider with a host of innovative proprietary technologies. The Company's Data division is a multi-regional manufacturer of electronic cable assemblies used in providing connectivity solutions for customers operating a wide range of data systems. The Data division adds value by providing connectivity solutions, which may also include distributed sales of passive components such as electronic connectors, electronic wire and cable, cabinets and racks and patch panels, and active components including hubs, bridges, routers, gateways and modems. For more information on Defense Technology Systems, Inc. visit: www.defensetechnologysystems.com. DCI Corporation information is available at www.dci-corp.com. This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.