Bulova Technologies Group, Inc. Announces Expansion of Board of Directors

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Bulova Technologies Group, Inc. Announces Expansion of Board of Directors

TAMPA, Fla.--(BUSINESS WIRE)-- Bulova Technologies Group, Inc. (OTCQB: BLVT) (the "Company") announced today the expansion of its Board of Directors to include three additional executives, giving the Board four members in total.

The three additional members include William E. McMillen, Craig Schnee, and Lynn Shapiro.

Mr. McMillen, is a highly experienced professional with more than forty years' experience as a successful principal, board member, chief executive officer and chief financial officer in a variety of industries. He has provided both strategic and operational direction in middle market companies.

Mr. Schnee serves currently as the Company's General Counsel. His more than thirty years' professional career experiences include a variety of senior positions with several defense industry companies ranging from small start-up companies to public Fortune 500 companies.

Ms. Shapiro is an experienced entrepreneur and business consultant. For the past several years she has devoted much of her professional energies to equipment finance and marketing and she previously has owned and managed an event/planning/marketing firm and is a Past Director of the WISH, women in the House and Senate.

Stephen L. Gurba, Chairman of the Board, President and CEO of the Company, stated, "It is with great pleasure that I welcome Ms. Shapiro and Messrs. McMillen and Schnee to the Board of Directors of Bulova Technologies Group, Inc. Each brings a unique perspective to the position which will help expand and increase the depth of the Company's well of guidance and direction as we move forward with our expansion of operations. We are indeed fortunate to have secured the services of each of these new Directors."

About Bulova Technologies Group, Inc.

Bulova Technologies Group, Inc., Bulova Technologies Ordnance Systems LLC and Bulova Technologies Europe LLC are each headquartered in Tampa, Florida. Bulova Technologies Machinery LLC's headquarters is located in Sanford, Florida, with facilities in Tampa, Florida and Branchburg, New Jersey.

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.

Bulova Technologies Group, Inc.
Stephen L. Gurba, 727-536-6666

KEYWORDS:   United States  North America  Florida


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