EXHIBIT 20.1

[SIMULA LETTERHEAD]

Contact:
Jack Hodgson
Chief Financial Officer
602-631-4005


                SIMULA, INC. ANNOUNCES REVISIONS TO BOARD CHARTER

         Updates Governance Policies and Creates Lead Director Position

TEMPE, ARIZONA -- AUGUST 26, 2002, Simula, Inc. (AMEX: SMU) today announced that
its Board of Directors has approved a revised Charter to reflect best practices
in corporate governance. The revision is a result of recommendations in a
corporate governance audit of the Company's procedures by the Company's outside
counsel.

Among the changes are a redefinition of the independence of Directors, certain
changes to assure independence in Committees, and a requirement for each
Director to attain certain equity interests in the Company. First adopted in
1998, the Board Charter addresses numerous issues concerning the role and
function of the Board. The Charter reflects many of the governance reforms
currently being discussed by the stock exchanges, Congress, and the business
community. The Charter is an exhibit to a Form 8-K filed with the SEC today.

Simula also announced the creation of a new Board position, Lead Director. The
Lead Director is elected by the independent directors, and heads executive
sessions of the independent directors. The Lead Director will act in an advisory
role to the CEO, and in a leadership role with the Board.

"Simula is committed to staying ahead of the curve in the area of corporate
governance," said Brad Forst, President and CEO. "We have had a Charter
governing corporate governance for over four years, long before corporate
governance came to be such a central issue. In this tradition, I am gratified
that the changes recommended by the outside audit were promptly acted upon by
our Board before any mandated by law, stock exchanges, or industry practices."

Simula designs and makes systems and devices that save human lives. Its core
markets are military aviation safety, military personnel safety, and land
vehicle safety. Simula's core technologies include inflatable restraints,
energy-absorbing seating systems, advanced polymer materials, lightweight
transparent and opaque armor products, personnel protective equipment and sealed
parachutes, and crash sensors. For more information, go to www.simula.com.