Mustang Survival Names Hartt CEO

Maritime Activity Reports, Inc.

January 11, 2011

Mustang Survival announced the completion of the executive management succession plan. This strategic initiative was first announced in October 2009, with the goal to successfully realign key executive roles and operation teams by January 2011. As of January 1st, 2011, Bob Askew, former Mustang Survival President and Chief Executive Officer will become Mustang’s Chairman to its newly formed Advisory Board, and Jim Hartt, former Mustang Survival Chief Operating Officer, will become Mustang’s CEO. The 15 month succession plan was a key component to the company’s long term business strategy to continue evolving and building its market position as the industry leader in the design, development and production of marine and aviation protective lifesaving solutions for the military, professional and recreational markets.

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