| DEFENSE SOLUTIONS HOLDING, INC/DFSH ANNOUNCE REVERSE STOCK SPLIT, NEW NAME AND PROGRESS IN SEVERAL MARKETS |
|
DEFENSE SOLUTIONS HOLDING, INC/DFSH ANNOUNCE REVERSE STOCK SPLIT, NEW NAME AND PROGRESS IN SEVERAL MARKETS Defense Solutions Holding, Inc, Exton, PA, Monday, August 24, 2009
EXTON, PA - Defense Solutions Holding, Inc. (OTC Bulletin Board: DFSH), announced today that both the Board of Directors and a majority of shareholders of DFSH have approved a 15 for 1 reserve spit of its common stock, restructuring the company's capital structure in order to raise capital in anticipation of new contracts. Additionally, the company will change its name to DefCom Holding, Inc. to reflect the firm's recent expansion into commercial as well as defense related projects. Defense Solutions, Inc., a wholly owned subsidiary of DFSH, has primarily been a supplier of armored combat vehicles to international customers friendly to United States' interests. In 2005, Defense Solutions, Inc. supplied 77 refurbished T-72 main battle tanks to the Army of Iraq under contracts with the Iraqi Ministry of Defense, NATO, and the US Army. AGREEMENTS WITH FIRMS IN UKRAINE AND MACEDONIA Earlier this year, Defense Solutions, Inc. announced that it has expanded its service offering in the energy field to include the brokering of Iraqi petroleum products and the marketing of solar products, particularly street lights, in Iraq. More recently, Defense Solutions, Inc. entered agreements with firms in Jordan, Thailand, and the United States related to the commercialization of previously developed defense technologies. The new name DefCom Holding, Inc. is recognition of the firms' expanded mission statement and opportunities. "Our reverse stock split decreases the number of outstanding shares of the corporation and increases the share price proportionately without changing the shareholders' equity. These changes will become effective when approved by Financial Industry Regulatory Authority (FINRA)," Colonel Ringgold added. ABOUT DEFENSE SOLUTIONS: Defense Solutions has worked for US Federal and State departments and agencies, the White House, and international allied organizations including the Iraq's Defense Ministry, NATO, and the Multi-National Force in Iraq to devise and implement strategies supporting armed forces and civilian programs. Many of these programs directly support US and allied soldiers in combat. Defense Solutions' European office maintains exclusive agreements with European partners to deliver world-class technologies and capabilities to US and allied nations to include new production and retrofit of armored and combat vehicles, spare parts, and ammunition, supported by end-to-end integrated logistics, training, and maintenance solutions. FORWARD-LOOKING STATEMENTS: CONTACT: Defense Solutions Holding, Inc., Timothy Ringgold, +1.610.833.6000. For more information visit: http://www.ds-pa.com. |

















Company Name is changed to DefCom Holding, Inc. 


















