Bulova Technologies Group, Inc. News

Bulova Technologies Group, Inc. is Awarded Four New Contracts August 12, 2011 - Business Wire

CLEARWATER, Fla.--(BUSINESS WIRE)-- Bulova Technologies Group, Inc. (OTCQB: BLVT) (the "Company") announced today Bulova Technologies Ordnance Systems LLC ("BTOS") was awarded two purchase orders with Scientific Applications International Corporation (SAIC) for the Engineering Development activities on the Army’s Booby Trap Simulators including the delivery of prove out quantities of Simulators for the M117 Flash Bang and M119 Whistle Simulators. These orders complement the Engineering Development activities on the M118 Flare Booby Trap Simulator that began in 2009.

The focus of these purchase orders is the development of environmentally friendly or "Green" Booby Trap Simulators through the removal of Per Chlorate from the pyrotechnic material currently used in the manufacture of the Booby Trap Simulators.

In addition, the Company announced the award of a purchase order on both the IDIQ weapons and ammunition contracts for weapon components and medium caliber munitions.

The value of the two R&D; and two production contracts is just under $1.5 million in sales over the next six months.

About Bulova Technologies Group, Inc.
Bulova Technologies Group, Inc. and Bulova Technologies Europe LLC are headquartered in Clearwater, Florida. Bulova Technologies Group, Inc. is registered with the United States Department of State Directorate of Defense Trade Controls (DDTC) as a broker.

Please visit our website at www.BulovaTechGroup.com for more information.

Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management.

CONTACT: Thackston Consulting
Brett Thackston, 404-303-8350

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