Allen Vanguard announces $10 million in contract awards for Explosive Ordnance Disposal (EOD) equipment

Allen-Vanguard Corporation (the "Company" or "Allen-Vanguard") (TSX: VRS) of Ottawa, Canada today announced that it received $10 million in contract awards for EOD equipment in the past week, including $6 million from the U.S. Department of Defense (DoD) for Iraq and $4 million from Brazil and Eastern European customers. All amounts are in Canadian dollars at prevailing exchange rate.

"We are seeing a pronounced increase in activity for EOD equipment requirements, driven by a combination of heightened IED threats in many countries and by equipment attrition in theatres of conflict and stockpiling of leave-behind equipment as U.S. troops draw down in Iraq," said David E. Luxton, President and CEO.

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ArcSight Reports 32% Year-Over-Year Growth for Fiscal Third Quarter Ended January 31, 2009

Company Posts Total Revenues of $36.4M for Fiscal Third Quarter and GAAP and Non-GAAP Earnings per Diluted Share of $0.15 and $0.21, RespectivelyFor the Fiscal Third Quarter:-- Total Revenue: $36.4M, a 32% Increase Year-Over-Year-- GAAP Net Income: $5.1M or $0.15 per Diluted Share-- Non-GAAP Net Income: $6.9M or $0.21 per Diluted Share-- Positive Cash Flows From Operations: $7.8M

ArcSight, Inc. (NasdaqGM:ARST), a leading global provider of compliance and security management solutions that protect enterprises and government agencies, today announced financial results for its fiscal third quarter ended January 31, 2009.

For the third quarter of fiscal 2009, ArcSight reported total revenues of $36.4 million compared to total revenues of $27.7 million reported in the third quarter of fiscal 2008.

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South Korea Awards ICx Technologies a Mass Spectrometry Contract with an Estimated Value of up to $40 Million

ICx Technologies (NASDAQ: ICXT), a developer of advanced sensor technologies for homeland security, force protection and commercial applications, announced today that ICx Analytical Instruments, a business unit of ICx Technologies, has been awarded a multi-year contract worth up to $40 million dollars.

The contract is for the development of a chemical and biological mass spectrometer (CBMS) for use in military reconnaissance vehicles. ICx Analytical Instruments will work jointly with ICx BioDefense to deliver a premium-class biological and chemical detection system. The CBMS system will be capable of detecting both chemical and biological warfare agents, and the first phase of the contract is a development effort.

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Worthing 16th February 2009 – A European navy has recently deployed a Maritime Boarding system which has been developed by Systematic of Denmark with UK based IT security consultancy firm - Global Secure Systems (GSS), and Rajant Corporation of the USA to stamp out the threat of Somali Pirates.

This comes at a time when the International Maritime Bureau recently released it’s annual piracy report confirming the increase in piracy around the world, and particularly a 200% increase off the coast of Africa where there were 111 attacks reported last year, with 49 vessels hijacked. These include the high profile Faina, which has a cargo of T-72 tanks, the Saudi owned supertanker, the Sirius Star, recently released for an undisclosed ransom. This is a very serious issue, not just for ships and their cargo, but for the crew. In 2008 nearly 900 crew members were taken hostage, 32 sailors injured, 11 killed and 21 missing, presumed dead. In January 2009 alone 3 vessels in the region have been hijacked and there have been nearly 20 reports of attacks in the region.

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Allen-Vanguard awarded Counter-IED services contract worth up to $7.5 million for U.S. Department of Defense (DoD)

Allen-Vanguard today announced that its wholly owned subsidiary, Hazard Management Solutions Inc. (HMS), has been awarded a contract to provide Crew Vehicle Receiver/Jammer (CREW) training and operational support to the U.S. Department of Defense (DOD). The initial contract carries a base-year value of approximately $2.1 million. The program provides for two optional years totaling $5.4 million, for a potential three-year value of approximately $7.5 million. All amounts are in Canadian dollars unless otherwise stated.

"We are very pleased to contribute vital support to the warfighter in the ongoing effort against the lethal hazard of Improvised Explosive Devices (IEDs)," said David E. Luxton, President and CEO of Allen-Vanguard.

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