Contact: Maureen Gibson
Phone: (718)-430-4524
Fax: (718)-430-4510
E-Mail: mgibson@industrialacoustics.com

February 5, 2007

IAC America Wins $4.3M Silencers Contract From US Navy

Bronx, NY (February 5 ) -- IAC America has been awarded a $4.3M contract for all of the gas turbine intake silencers for the DD(X)-class of destroyers for the US Navy.

In what is a great win for IAC America, the contract cites us as the sole supplier for all the Navy’s ships to be built over the next 10 years.

The current USA military budget will finance the building of a minimum of 7 DD(X)-class ships and each ship requires silencers worth over $600K each.

Technical co-operation within the global IAC Group has proved highly productive and helped us to secure this substantial order. Fellow IAC engineering associates from across the pond have worked closely with our Research and Development Director, Jonathan Weinstein, here. Mike Campbell, IAC UK's Operations Director and his colleague Russell Hagerty travelled to the USA regularly as negotiations progressed.

Nathan Clute, Business Manager, Silencer Systems said: "This contract has come after 11 long months of design changes, iterations, and negotiations to satisfy stringent customer requirements. It is indicative of just how effective IAC America is being in gaining traction in the industrial and power silencer market."

This contract builds on the excellent working relationship built up with US Navy shipbuilders over some time. In 2005 we won two contracts totallying $1M from them for Gas Turbine Intake Silencer systems for the Navy’s DDG Arleigh Burke-class of Aegis-guided missile destroyers.

For further information on IAC’s silencers for marine applications please contact Nathan Clute on 718-430-4567 nclute@industrialacoustics.com or visit www.iacsilencers.com.

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