AmSafe Acquires Hoffmann Assets

PHOENIX, May 3 /PRNewswire/ -- AmSafe®, Inc., the leading provider of highly engineered restraint systems, today announced that the AmSafe Bridport Ltd. unit has completed the purchase of certain intellectual property and other assets of Hoffmann Air Cargo Equipment (Hoffmann ACE), a privately-held company specializing in the manufacture of ULD pallet nets.

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AmSafe and Hoffmann ACE have been leading contributors to improving standards within the ULD industry and innovators in developing lightweight textile product solutions.

In 2009, AmSafe Bridport introduced a lightweight cargo pallet net specifically designed to address the air cargo industry's desire to reduce weight on board aircraft. AmSafe's manufacturing and marketing partnership with DSM Dyneema®, coupled with the acquired assets of Hoffmann ACE, further enhances its ongoing development of lightweight ULD solutions for the aviation industry.

"We are excited to bring Hoffmann's knowledge and innovation into our business," said Ian Kentfield, head of commercial cargo for AmSafe Bridport. "AmSafe is committed to developing highly engineered solutions for the world's cargo market; and with the addition of the Hoffmann ACE assets, we are now able to offer our customers additional lightweight products that improve fuel efficiency and reduce carbon emissions."

About AmSafe

AmSafe, Inc. and its business units are world leaders in safety and securement products for the aerospace, defense, and ground transportation industries. AmSafe's innovative products can be found on virtually every commercial aircraft in the world and include seatbelts, restraints, airbags, cargo and barrier nets, tie-downs and cabin interior textiles, just to name a few. Its business unit AmSafe Bridport is the leading global supplier of palletized cargo nets and is also the world's largest manufacturer of 9g barrier nets. Headquartered in Phoenix, Arizona, AmSafe operates manufacturing and service facilities around the globe and is committed to providing quality products and timely, cost effective solutions to customers worldwide. For more information, visit www.amsafe.com.

SOURCE AmSafe, Inc.

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