Bulova Technologies Group, Inc. News

Bulova Technologies Announces R & D Contract to Develop Environmentally Sensitive Ordnance for U.S. Army June 25, 2009 - Press Release

CLEARWATER, Fla.--(BUSINESS WIRE)--Bulova Technologies Group, Inc. (Pink Sheets: BLVT) ("BulovaTech" or "the Company") announced today the awarding of a $574,153 Research and Development contract from Science Applications International Corporation ( SAIC , NYSE:SAI) to develop "perchlorate free" energetic mixes for use in the US Army's M118 and M119 Booby Trap Simulators. The work will be performed at the Company's Ordnance Systems facility in Mayo, Florida. The research tasks require Bulova to develop mixes that will reduce materials that have a negative effect on the environment. The study includes an initial production run that will facilitate a smooth and seamless transition into full scale production.

SAIC plays an important role in assisting the U.S. Department of Defense ("DOD") in the development of environmentally compliant solutions for DOD operations and training. In January 2009, SAIC announced an up to $25 million award from Defense Advanced Research Projects Agency ("DARPA") for the development of cellulosic based alternatives to petroleum derived jet fuel used and consumed by the DOD and US Forces worldwide.

BulovaTech CEO Stephen Gurba commented, "We look forward to working with SAIC on this important and challenging project. By combining Bulova's ordnance simulator expertise with the expertise of SAIC in adopting environmentally compliant technologies into DOD requirements, we look forward to development of a new generation of ordnance simulators that fully train US Forces for combat while at the same time minimizing the impact of training on the environment."

Bulova has assisted the United States Government's military missions around the globe since the 1940's, providing our soldiers material that afford them an overwhelming advantage over enemy forces. Bulova has become a diverse systems integrator capable of managing technology and supply, resulting in best value solutions to meet our customers' needs.

About Bulova Technologies Group, Inc.

Headquartered in Clearwater, Florida, Bulova Technologies Group, Inc. operates two facilities, Bulova Technologies Ordnance Systems in Mayo, FL and BT Manufacturing Company in Melbourne, FL. The headquarters also houses the Bulova Technologies Combat Systems Company which is a world leader in the international sale of military vehicles, weapons and munitions in support of the U.S. Department of Defense.

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.

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