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Bulova Technologies Group, Inc. and Tri Gas Oil and Trade S.A. sign Agreement, with ITF Enhancing Human Security

CLEARWATER, Fla.--Bulova Technologies Group, Inc. (OTCQB:BLVT) (the “Company”) and Tri Gas Oil And Trade S.A. (“TGT”) announced today the signing of an agreement with ITF Enhancing Human Security (formerly the International Trust Fund to Enhance Human Security) (“ITF”), the world's leading military mine removal advocacy organization, to create a team for demilitarization (removal and destruction) of mines and other explosive devices around the globe.

“This agreement will allow us access to funding sources provided by international donors for the mine demilitarization process employed by ITF and accelerate the expansion of our Mortar Exchange Program.”

ITF was established by the Government of Slovenia in March 1998 to raise funds, provide services and manage mine action projects. The European Commission acknowledged ITF as the reference model of regional organization in mine action. Since the inception of ITF, over 100 donors have made donations to ITF for mine action activities. Almost 95% of the donations originate from public donors-including 27 governments, the European Union (EU) and the United Nations Development Program (UNDP), and many local authorities. For more information, please visit their website at http://www.itf-fund.si/

Stephen L. Gurba, President and CEO of the Company stated, “This agreement will allow us access to funding sources provided by international donors for the mine demilitarization process employed by ITF and accelerate the expansion of our Mortar Exchange Program."

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.

Bulova Technologies Ordnance Systems LLC is located on 261 acres in Mayo, Florida, and is a load, assemble, and pack (L.A.P.) facility specializing in fuzes, safe and arming devices and explosive simulators.

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


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