SOURCE: Koninklijke Ten Cate NV

September 24, 2010 02:07 ET

TenCate acquires right of first refusal on majority shares in Active Blast Defence System

ALMELO, NETHERLANDS--(Marketwire - September 24, 2010) -

TenCate Advanced Armour Denmark has signed a cooperation agreement relating to the development of the Active Blast Defence System (ABDS™) patent and the right of first refusal to acquire the majority of ABDS Aps.

Troops in theatre need the best and most advanced armour protection for the job in hand. ABDS Aps. holds the patent for an innovative defence solution, called Active Blast Defence System, which can offer life-saving protection against a number of improvised explosive devices (IED's) currently seen in action, particularly in the Afghanistan operation.

Active armour

The patent holders together with TenCate Advanced Armour will further develop the system from scale models to a full-scale demonstrator. Since there is an urgent need for this innovation, the partners will actively work together to offer the market a technical solution in a relatively short period of time. This they will do in close cooperation with selected OEM's (Original Equipment Manufacturers) in Europe and North America.

Parts of the system are likely to be implemented as upgrade kits for existing vehicles from these OEM's and are expected to generate sales as early as the fiscal year 2011. The participation of TenCate in 'active armour' is complementary to its present armour solutions in the vehicle protection business.

The ABDS™ patent is classified. Due to the sensitivity of the information, no further details will be provided.

Royal Ten Cate Almelo, the Netherlands, Friday 24 September 2010

For further information:

Royal Ten Cate (TenCate)
F.R. Spaan, Director, Investor Relations & Corporate Development
Telephone   : +31 (0)546 544 338
Mobile      : +31 (0)6 12 96 17 24
E-mail      :
Internet     :

TenCate Advanced Armour is a leading global supplier of a wide range of armour composite materials for ballistic protection. TenCate Advanced Armour develops and produces a portfolio of composite and ceramic materials and designs armour solutions for the protection of police, army, air force, navy and civilian service personnel, vehicles and vessels. TenCate Advanced Armour has plants in Europe and North America.

Royal Ten Cate (TenCate) is a multinational company which combines textile technology with related chemical processes and material technology in the development and production of functional materials with distinctive characteristics. Products of TenCate are sold worldwide. Systems and materials from TenCate come under four areas of application: safety & protection, space & aerospace, infrastructure & the environment, and sport & recreation. TenCate occupies leading positions in protective fabrics, composites for space and aerospace, antiballistics, geosynthetics and synthetic turf. TenCate is listed on the NYSE Euronext (AMX).


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Source: Koninklijke Ten Cate NV via Thomson Reuters ONE

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