Bulova Technologies and Tri Gas Oil & Trade to create demilitarization team

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.

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.

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."