Nanotechnology Now - Press Release: SCHOTT and Dynamic Defense Holdings LLC Form Joint Venture, DiamondView

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Abstract:
SCHOTT North America (SCHOTT) and Dynamic Defense Holdings LLC (DDH), of Boothwyn, Pa., have formed a joint venture company, DiamondView(TM) Armor Products LLC (DAP), which will produce glass-ceramic armor materials and systems. DDH will be the 51% majority shareholder of the new company.

SCHOTT and Dynamic Defense Holdings LLC Form Joint Venture, DiamondView

Arlington, VA | Posted on March 31st, 2008

SCHOTT will supply its high-quality glass-ceramic products to the joint venture. DDH will use its proprietary lamination and design technology to produce cutting-edge armor systems for the defense and security industries. The products produced by the joint venture will provide transparent and opaque armor systems for personal, vehicular, architectural and other applications.

John Carberry, CEO of DDH, said, "We are humbled and excited by the opportunity we have to improve vehicle survivability with DiamondView products. These products offer the armed forces dramatically improved night vision visibility, superior multi-hit capacity with reduced weight, and lower life cycle cost, and will provide our soldiers with a less dangerous way to accomplish their important missions."

Glass-ceramic armor produced by the joint venture offers several unique benefits, including a significant reduction in weight for transparent vehicular armor as compared to standard windows used today. Additionally, the product offers UV filtering and a resistance to thermal cycling and will be produced by the joint venture as a 'ready to install' system for each unique vehicle type.

"DiamondView is positioned to become a market-leader in armor systems. We are proud to be able to play a part in creating products that will make it safer for our armed forces to operate," said Scott Custer, Executive Vice President, SCHOTT Defense.

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About SCHOTT North America (SCHOTT)
SCHOTT is a technology-driven, international group that sees its core purpose as the lasting improvement of living and working conditions through special materials and high-tech solutions. Its main areas of focus are defense, household appliance industry, pharmaceutical packaging, optics and opto-electronics, information technology, consumer electronics, lighting, automotive engineering and solar energy.

SCHOTT has a presence in close proximity to its customers through highly efficient production and sales companies in all of its major markets. The company has approximately 17,000 employees producing worldwide sales of approximately $3 billion. In North America, SCHOTT's holding company SCHOTT Corporation and its subsidiary SCHOTT North America, Inc. and their affiliates employ about 2,500 people in 13 production operations with 4 sales offices.

The company's technological and economic expertise is closely linked with its social and ecological responsibilities.

About DDH

Dynamic Defense Holdings' six operating companies focus on technologies whose purpose is to provide solutions to make our world less dangerous and safer. These technologies include Evaloch, the portable armored wall; DiamondView armor systems, which employ advanced ceramic technologies; Wave Armor, a high performance glass ceramic armor SAPI plate; advanced nano-tech material technologies; advanced fiber optic technologies as well as new silicon solar wafer technology.

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Contacts:
SCHOTT North America, Inc.

555 Taxter Road
Elmsford, NY 10523
USA

+1 (914) 831-2200
+1 (914) 831-2201

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