Paul Jensen Joins HALO Maritime Defense Systems as CEO

April 1, 2008

New York, NY – HALO Maritime Defense Systems announced that Paul Jensen was selected as Chief Executive Officer today.

Paul Jensen has over two decades of experience in the plastics industry having served in senior management positions at Nypro, a billion dollar global plastics contract manufacturer, where he led the Motorola business unit from $40 million to over $150 million in less than four years and helped start Nypro University.

“I am honored and excited to be part of the HALO Maritime Defense Systems organization and look forward to working with its outstanding leadership team and Board of Directors. HMDS is the leading Maritime Security Barrier company in the world and has applied innovation and resourcefulness to create a product that will save many lives in the future.”

“HMDS’s Board sought a CEO with outstanding credentials and experience in leading a global business and a track record of outstanding operating performance,” said Justin Bishop, HMDS founder and member of the Board of Directors. “Paul met all of our Board’s criteria. He has delivered record performance at Nypro and is also widely admired for his integrity, his high ethical standards and his collegial and collaborative leadership style.”

A 1977 distinguished graduate of the United States Military Academy at West Point, Mr. Jensen then received his M.S. in Chemistry from MIT in 1979 as a Hertz Fellow. He also holds an M.B.A. with honors from Golden Gate University. He is a graduate of the Senior Executive Institute at the University of Tennessee and has served on the adjunct faculty at the Fuqua School of Business, Duke University, speaking on the topic of world-class supplier partnerships. He has served on numerous corporate boards and proudly led a team of students and engineers in the inaugural F.I.R.S.T. robotics competition in 1992, where the team finished first and was recognized in a Rose Garden ceremony at the White House by then President George H.W. Bush.

Mr. Jensen served a total of nine years active duty in the United States Army, commanding a company and airborne platoon at Ft. Bragg and serving as an assistant Professor of Chemistry at West Point, where he was course director of the 1200-student core chemistry program. He is a qualified Jumpmaster and Sr. Parachutist.

HALO Maritime Defense Systems, formerly known as Elemental Innovation, is the world leader in Maritime Security Barriers. The HALO™ Barrier is the only true security solution for protecting valuable maritime assets such as Ports, FPSO Vessels, Naval Bases, LNG Terminals, Oil Rigs and Nuclear Reactors. The stable, catamaran structure can withstand any sea state and is impervious to the corrosive nature of the marine environment. A modular design allows complete customization of HALO™ to meet any level of threat or security concern, and also be a part of an integrated security solution. Easy to maintain and friendly to the environment, the HALO™ Barrier is the world’s leading Maritime Security Barrier.

For more information, phone at 978-662-5336 or email info@halodefense.com

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