http://news.discovery.com/tech/winter-olympics-body-armor.ht...
Being used for skiers and mentions its use in body armor at the time (2010). I'm pretty sure I read an earlier article than that one as well, perhaps from 2006 or so but I can't find it.
I can't tell from this new article if they've improved the fluid, or the method of application to kevlar is the novel part.