Corporate Overview

DR Technologies conducts its operations through wholly-owned subsidiary companies and businesses including:

• Vanguard Composites Group, Inc. -- San Diego, California
• V System Composites, Inc. -- Anaheim, California
• Vector Composites, Inc. -- Dayton, Ohio
• DR Technologies, Inc. New Business Initiatives -- San Diego, California

DR Technologies Corporate, San Diego, California provides corporate management, administration and financial services to its operating units.

DR Technologies currently employs 95 engineers, technicians, managers and administrative staff, and leases over 105,000 sq ft of engineering and manufacturing facilities.

DR Technologies has a certified ISO9000:2001 and AS9100 quality and management system for development and production programs.

DR Technologies sales have grown by over 300% since 2002, to $14.3 million dollars in 2006, and this is projected to continue in 2007 to the $21 million dollar level. As a result of its high growth in revenues over the past 5 years, DR Technologies was recognized by Deloitte Touche in 2007 as one of the Fast 500 -- one of 500 fastest growing companies in North America

DR Technologies Mission Statement is: "To Be a Leading Engineering Development and Production Supplier of Composite Structure Components and Subsystem Assemblies for Aerospace and Defense Systems and Selected Commercial Product Applications."

The Company's market is largely defined by the market segments of Aerospace and Defense, Structures, Polymer Matrix Composites and Engineering and Manufacturing.

Customers include federal government agencies, DoD and NASA, aerospace primes and second tier subcontractors.

Key company strengths include:

• Composite structures design and manufacturing engineering expertise
• Precision components design, manufacturing and assembly expertise
• Flexible and agile response to customers