Shoulder Fired Capability Extends Metal Storm's 40mm Calibre Development

TERRORWARS

resistance is futile

Arlington, VA - Apr 28, 2004
Metal Storm Limited has expanded its generic 40mm weapon system with the test firing of a shoulder fired, single barrel, multi shot weapon, which enables a soldier to repeatedly engage a moving target without reloading.

Metal Storm Chief Executive Officer, Mr. Charles Vehlow, said the development of the shoulder fired, four shot Electronic Grenade System reinforced the company's technology development focus on the critically important 40mm caliber.

"The outcome is a natural progression of our Metal Storm 40mm Ballistic System development and draws on recent achievements from the company's internal technical development program, particularly the work being done as part of the planned firing demonstrations in the US in coming months," Mr. Vehlow said.

The Electronic Grenade System utilizes the same lightweight non-metallic material and multi shot cartridge that formed part of other Metal Storm 40mm Ballistic System developments announced by the company in March this year.

Mr Vehlow said that the Electronic Grenade System highlighted the portability of the company's 40mm Ballistic System development between various applications, including those used for unmanned ground vehicles, UAVs, access denial systems and shoulder fired weapons.

"Metal Storm is very focused on developing specific product applications which have the best commercial potential, and which are capable of producing numerous product applications from the company's core 40mm development program," Mr Vehlow said.

Metal Storm will apply the test outcomes in the development of a more advanced system, including increased firepower, rapid reload and a recoiling barrel design. The advanced system is intended to fire a range of different types of grenades, including stun, high explosive, and less-than-lethal. Metal Storm expects that future shoulder fired systems will be developed as a clip on/off attachment for existing military small arms.

Metal Storm Granted Three Important New Patents in the US

The securing of patents in the US provides Metal Storm with exclusive control of the unique technology contained in each patent.

The three patents include technology covering:

+ Independently controlled barrels within a multi barrel, transportable pod system. This enables each barrel to have a specific individual target such as zones in a land mine area or as part of a fire fighting system. The patent covers off both commercial and military applications.

+ An alternative projectile sealing system for single and multi barrel use.

+ Use of Metal Storm technology in seismic exploration through the use of a single barrel or pod system to create underground shockwaves at required frequencies. The technology is able to be mounted and used from vehicles and aircraft.

Metal Storm's Chief Executive Officer, Mr Charles Vehlow said, these patents, particularly the first two, relate directly to the company's current R&D effort to commercialize or license products into the US military and civil markets. These three patents add to the 12 already granted to Metal Storm in the US with more pending in relation to the company's technology.

"The patents form part of an expanding portfolio of patents which secure our technology and our commercial future. I expect equivalent patents to be granted in a number of other countries shortly," said Mr Vehlow.

Metal Storm Receives New Orders from General Dynamics

And in other news Metal Storm has received new orders totaling US$538,000 from General Dynamics Ordnance and Tactical Systems, a business unit of General Dynamics (NYSE:GD - News), for its subsidiary ProCam to manufacture high precision assemblies to be used in tactical missile systems and helicopter airbags.

Metal Storm's Chief Executive Officer, Mr. Charles Vehlow stated, "These contracts highlight the high regard which General Dynamics and other defense contractors have for our capabilities and expertise in specialist manufacturing engineering."

MISSILE DEFENSE

URS Wins Navy Contract For Missile Defense Theater Managament

San Francisco CA - Apr 21, 2004
URS Corp said Tuesday that the company's EG&G Division has been awarded an indefinite delivery/ indefinite quantity contract with the U.S. Navy to provide systems engineering support for missile defense, interoperability, Fleet-level assessments and intelligence programs/systems projects for the Theater Warfare Systems Department of the Naval Surface Warfare Center in Dahlgren, Virginia.

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