More than $13M in ECM orders in 3 months OTTAWA, Jan. 20 /CNW Telbec/ - Allen-Vanguard Corporation (the "Company" or "Allen-Vanguard") (TSX: VRS) of Ottawa, Canada announced today that it has received $9M in new orders for its advanced digital ECM equipment which is used to counter the threat of remotely detonated explosive threats. "These orders are from new customers under government programs, with potential for follow on requirements", said David Luxton, Company Chairman and CEO. One order is for a European government for $3.1M and another is for an overseas client for $5.9M. The company expects to fulfill both orders in Q2 and Q3. Allen-Vanguard has now received more than $13M in ECM orders in the past three months and signed a strategic agreement with Lockheed Martin. The two orders announced today are to meet foreign overseas requirements and are in addition to the potential for U.S. orders under the Technology License and Supply Agreement with Lockheed Martin announced January 18th, 2006. "The pace and order size we're seeing in ECM sales reflects the potential of this market and why we focused on ECM as a business development priority in the last year," added Luxton. "This is a key area of anticipated growth for the Company, driven by the critical need worldwide for better protection against remotely detonated explosive devices." About Allen-Vanguard -------------------- Allen-Vanguard Corporation and its subsidiaries worldwide operate under the brand "Allen-Vanguard". The Company develops and markets technologies, tools and training for defeating and minimizing the effects of hazardous devices and materials, whether Chemical, Biological, Radiological, Nuclear or Explosive (CBRNE). The Company's equipment is in service with leading security and military forces in more than 120 countries. This includes a complete range of remote intervention robots for hazardous applications, vehicle barrier systems, suspect package containers and Electronic Counter-Measures (ECM) equipment for jamming remote detonation of terrorist devices. The Company is a world leader in the development, manufacturer and sale of specialty security equipment for Explosive Ordnance Disposal (EOD), and is the sole, worldwide licensee and/or developer of patented technologies such as the Universal Containment System and CASCAD Foam for blast mitigation, decontamination of bio-chemical warfare agents, and personal protective gear. Head office operations are located in Ottawa, Ontario, Canada, with manufacturing operations in Ottawa and Stoney Creek, Ontario; Tewkesbury, U.K.; and Cork, Ireland, and sales offices in Canada, the U.S., the U.K. and Asia. The Company's shares are listed on The Toronto Stock Exchange (TSX:VRS). The web site is www.allen-vanguard.com. This press release may contain forward-looking statements relating to, among other things, the Company's expectations concerning future product demand and growth opportunities and customer acceptance of Company's products. These forward-looking statements are neither promises nor guarantees, but involve risks and uncertainties that may cause actual results to differ materially from those in the forward-looking statements. The Company disclaims any obligation to publicly update or revise any such statements. The Toronto Stock Exchange has neither approved nor disapproved the contents of this press release. To find out more about Allen-Vanguard Corporation (TSX: VRS), visit our website at www.allen-vanguard.com. %SEDAR: 00018026E
