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Title:

Ceradyne, Inc. Receives $32.3 Million ESAPI Order
Date: 4/7/2008 12:00:00 AM

COSTA MESA, Calif.--(BUSINESS WIRE)-- Ceradyne, Inc. (NASDAQ:CRDN) received a $32.3 million ESAPI (Enhanced Small Arms Protective Inserts) order to be delivered in the second and third quarter of 2008. This order is a delivery order issued by the Defense Supply Center Philadelphia against a larger ID/IQ (Indefinite Delivery/Indefinite Quantity) three-year contract issued in December 2007. Ceradynes practice is to only book firm delivery orders such as the above $32.3 million as backlog for scheduled delivery.

David P. Reed, Ceradyne President North American Operations, commented: We are very pleased to have received this order and believe we will continue to ship this ESAPI product on time with the high standards of quality required. Based on non-binding conversations with the government, we believe that there will be additional delivery orders against the blanket ID/IQ contract this year.

Ceradyne develops, manufactures and markets advanced technical ceramic products and components for defense, industrial, automotive/diesel and commercial applications. Additional information about the Company can be found at www.ceradyne.com.

Except for the historical information contained herein, this press release contains forward-looking statements regarding future events and the future performance of Ceradyne that involve risks and uncertainties that could cause actual results to differ materially from those projected. Words such as anticipates, believes, plans, expects, intends, future, and similar expressions are intended to identify forward-looking statements. These risks and uncertainties are described in the Companys Annual Report on Form 10-K for the fiscal year ended December 31, 2007, and its Quarterly Reports on Form 10-Q, as filed with the U.S. Securities and Exchange Commission.

Contact:
Ceradyne, Inc.
David P. Reed, President, North American Operations
714-549-0421, x8245
or
Silverman Heller Associates
Phil Bourdillon/Gene Heller
310-208-2550

 


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