Pacific Safety Products Inc.
TSX VENTURE : PSP

Pacific Safety Products Inc.

May 23, 2006 09:00 ET

Pacific Safety Products Inc. Announces Establishment of U.S. Business

KELOWNA, BRITISH COLUMBIA--(CCNMatthews - May 23, 2006) - Pacific Safety Products Inc. (TSX VENTURE:PSP) ("PSP" or "the Company") today announced that it is establishing a wholly owned subsidiary, Sentry Armor Systems, to be located in Dover, Tennessee. Sentry Armor will develop, market, manufacture and sell armor systems for customers including the U.S. Federal Government, the Department of Defense, State and Law Enforcement agencies. The production plant will commence operations in July 2006 and initial orders will be fulfilled by Sentry during that quarter.

"We believe that with a skilled work force, innovative designs and competitive products Sentry will secure a market niche for itself and continue to grow its business in the United States," said Cynthia Mooney, Executive Vice President U.S. Operations.

OVERVIEW OF THE BUSINESS

About PSP

The mission statement of Pacific Safety Products Inc. is ...we bring everyday heroes home safely™. PSP is an established industry leader in the production, distribution and sale of high performance and high quality safety products. These products primarily include body armor to protect against ballistic, stab and fragmentation threats. PSP is the largest armor manufacturer in Canada and has significant international customers. The Company also produces tactical clothing and emergency medical kits.

Pacific Safety Products is a reporting issuer in British Columbia, Alberta and Ontario, Canada and publicly trades under the symbol PSP on the TSX Venture Exchange.

David Scott, Chief Executive Officer


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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