SOURCE: Aegis Industries, Inc.

February 20, 2007 09:00 ET

Aegis Industries Moves Headquarters to Washington, DC METRO Area - Develops Strategic Plan

ROCKVILLE, MD -- (MARKET WIRE) -- February 20, 2007 -- Aegis Industries, Inc. (OTCBB: AGIN) ("Aegis" or the "Company") is pleased to announce the recent relocation of its headquarters to the Washington, DC METRO area at 15200 Shady Grove Road, Suite 202, Rockville, MD 20850.

Aegis Industries, Inc. chose Rockville, MD, as it sits firmly within the I-270 "Technology Corridor" running through the Rockville-Germantown area that is home to numerous high technology companies. This Washington METRO area location better serves our corporate marketing initiatives by situating Aegis close to the decision makers throughout the federal government, as well as the embassies of friendly foreign governments.

Upon moving into the new headquarters, recently appointed Company President and CEO Paul Evancoe has acted decisively as he takes over the reins of the company. In order to advance the marketing and sales of the Aegis product line, Mr. Evancoe recently held two 2-day strategic planning sessions at Company headquarters. Both planning sessions involved key staff and consultants, resulting in a draft strategic marketing plan and an in-progress review and update of the Aegis Business Plan. Mr. Evancoe's stated goal is to best position Aegis to take advantage of the global marketplace.

In related news, Aegis Industries is currently reviewing several options for the manufacturing and production of its Mk-63 electric stun baton. "While outwardly it doesn't appear to be a sophisticated device, the Mk-63 requires a degree of manufacturing sophistication to achieve the level of quality we aim to deliver," says Aegis President and CEO Paul Evancoe. "We need a manufacturer who can not only manufacture our product but who has the capability to surge production to meet any demand without sacrificing that quality and reliability." Aegis plans to see the Mk-63 in full production by mid-summer.

About Aegis Industries, Inc. (OTCBB: AGIN)

Aegis Industries designs and develops safe, next-generation intermediate force protection and enforcement products backed by industry-leading R&D. The Company philosophy is based in the knowledge that better tools and training result in a safer outcome with fewer injuries to officers, suspects, and bystanders. Management draws on extensive experience on the front lines combined with the most forward-thinking R&D to create leading-edge less than lethal intermediate force products designed to exceed the expectations of military, law enforcement, and private security customers.

Forward-Looking Statements

Except for statements of historical fact, the information presented herein may contain forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Aegis Industries, Inc. has little or no control.

On Behalf of the Board
Aegis Industries, Inc.
Paul Evancoe, President

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