SOURCE: Defense Solutions, Inc.

February 23, 2009 14:25 ET

Defense Solutions Holding, Inc. Securities Eligible for Deposit at the Depository Trust Company (DTC)

EXTON, PA--(Marketwire - February 23, 2009) - Defense Solutions, Inc., an international project management and executive consulting firm that is a wholly owned subsidiary of Defense Solutions Holding, Inc. (OTCBB: DFSH), reports that the Company's application for its securities to become eligible for deposit at the Depository Trust Company (DTC) has been approved. The DTC provides banks, brokerage firms, and other institutions with an efficient means of moving securities and settling trades electronically. Trading of securities through DTC allows for cost-effective clearing and guaranteed settlement.

"We were recently alerted to the fact that some investors were unable to purchase shares through their chosen broker due to our company not being DTC eligible," commented Colonel Tim Ringgold, Chief Executive Officer of Defense Solutions. "As a result, we are pleased to announce that the stock's trading eligibility with the DTC is now in full effect. This recent approval for DTC eligibility will enhance the ease with which shares in Defense Solutions can be exchanged."

About Defense Solutions Holding, Inc.

Defense Solutions is an international project management, executive consulting, and business development firm headquartered in Exton, PA with branch and satellite offices on four continents. Established in 2001, Defense Solutions' founding corporate philosophy is to deliver the world's best solutions for our service members who deserve the best equipment, technology, and training, in performing their jobs with minimal risk to their lives and well being.

Defense Solutions has consulted with and worked for US Federal and State departments and agencies including, the White House, US Department of Defense, US Department of the Army, US Department of State, US Department of Homeland Security, US Department of Interior, and Pennsylvania General Assembly to devise and implement strategies supporting armed forces and civilian programs. Many of these programs directly support US and allied soldiers in combat and veterans in retirement. In direct support of US-led coalition efforts in Iraq, Defense Solutions has worked for international allied organizations like the Iraqi Ministry of Defense and North Atlantic Treaty Organization (NATO). For more information visit http://www.ds-pa.com/index.html.

For more news and information on Defense Solutions Holding, Inc., please visit http://www.IRGnews.com/coi/dfsh where you can find the CEO's video, a fact sheet on the company, investor presentations, and more.

Forward-Looking Statements

Certain matters discussed in this release may constitute "forward-looking statements." Actual results and the timing of certain events may differ materially from those indicated by such forward-looking statements due to a variety of risks and uncertainties, many of which are beyond Defense Solutions' ability to control or predict, including, but not limited to, risks and uncertainties outlined in reports filed by Defense Solutions with the Securities and Exchange Commission.

The statements made herein are made as of the date of this release, and Defense Solutions undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. You should not place undue reliance on forward-looking statements contained in this press release, and Defense Solutions undertakes no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information

  • Contact:

    The Investor Relations Group
    212-825-3210
    Investor Relations:
    Adam S. Holdsworth / James Carbonara
    or
    Adam J. Handelsman
    5W Public Relations
    212.999.5585 x4319