Pacific Safety Products Inc.
TSX VENTURE : PSP

Pacific Safety Products Inc.

April 04, 2006 16:45 ET

Pacific Safety Products Inc. Announces the Retirement of its Founder, Brad Field

KELOWNA, BRITISH COLUMBIA--(CCNMatthews - April 4, 2006) - Pacific Safety Products Inc. (TSX VENTURE:PSP) ("PSP" or "the Company") today announced that Brad Field, its founder, will retire from the company at the end of April 2006.

"Brad has for a quarter century led this organization to ever greater achievements through his innovation and determination. He embodies the entrepreneurial spirit of translating a dream into vibrant reality. The Board of Directors and the Management team wish to recognize the immense contribution he has made to the organization and to the local community," said David Scott, CEO of PSP.

"I have greatly enjoyed my tenure at PSP and both Lori and I look with pride and satisfaction at how far the Company has come in the past 25 years," said Mr. Field. "PSP started from very humble beginnings back in the early 80's and has gone through many highs and lows over the years. I am proud to be able to leave PSP at a time when its performance has never been better. I would like to thank all of the people who worked with me at PSP over the years for their contribution to the success of this great company and am confident that the current staff and leadership team will propel it to even greater heights."

Mr. Field will remain a Director on the Board of Pacific Safety Products and an Advisor to the company in the area of Product Technology.

OVERVIEW OF THE BUSINESS

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.


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

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