VANCOUVER, BRITISH COLUMBIA – (June 7, 2017) – Mission Ready Services Inc. (“Mission Ready”) (TSX VENTURE: MRS) is pleased to announce that Protect The Force (“PTF” or “The Company”), a wholly-owned subsidiary of Mission Ready, has signed a distribution agreement (the “Distribution Agreement”) with Federal Resources Supply Company (“FRSC”) for the sale of its Flex9Armor (the “Product”) into agencies of the United States Government, agencies of state governments, and other potential customers (the “Market Segment”).
Pursuant to the agreement, FRSC will place an initial stocking order – and will maintain a minimum inventory level – of approximately USD $30,000 – $40,000 in Product for logistical efficiency and expedited fulfillment purposes. Protect The Force will utilize FRSC’s facilities, personnel, and capabilities, on a non-exclusive basis, for the sale, delivery and limited servicing of the Company’s Flex9Armor product. Pursuant to the agreement, PTF will provide training and instruction in the sale and use of the Product, and FRSC will maintain a properly trained sales force and actively promote sales of the Flex9Armor within the Market Segment.
“Federal Resources shares our passion for the uncompromising quality and protection that our heroes on the battlefield deserve, from first-responders to the many selfless men and women serving in the military. Federal Resources continues to champion their commitment to excellence and we are honored to have their team representing Protect The Force in promoting our Flex9Armor,” states Jeffrey Schwartz, President & CEO of Mission Ready.
Expanding from modest beginnings as a small business serving local divers in Virginia in 1986 to its current global position as a leading provider of quality solutions for warfighters and first responders worldwide, Federal Resources has paved the way in the service contract and manufacturing industry. FR attributes its remarkable rise to extensive, long-held relationships with trusted vendors honed over more than three decades, its loyal customers and the company’s meticulous attention to relevancy and detail.
About Federal Resources
Federal Resources is committed to providing quality products and technical resources at the highest level of service and integrity to protect and empower those who serve in the Armed Forces and on Federal, State and Local and International Emergency Response Teams. Federal Resources is committed to exceeding our customers’ expectations for quality, responsiveness, price and delivery. For our employees, quality is a mindset and a mission.
About Mission Ready Services Inc.
Mission Ready serves to save lives and enhance the performance of military personnel, first responders, and those who protect us by working to ensure they are equipped with the best possible personal protective equipment.
Headquartered in Vancouver, BC, Mission Ready has three distinct, synergistic operating divisions:
- Innovations and Development of Personal Protective Equipment
- Manufacturing of Leading Military & Law Enforcement Personal Protective Equipment
- Cleaning, Decontamination & Repair of Personal Protective Equipment
Mission Ready’s management team offers over 100 years of combined industry experience and is composed of industry experts in developing products, contracting, and selling to the federal government, first responders and tactical markets through open market procurements, teaming arrangements, and a variety of federal contract tools.
Terry Nixon – Director, Corporate Communications
Mission Ready Services Inc.
(signed “Jeff Schwartz”)
President & CEO
This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “anticipate”, “believe”, “plan”, “expect”, “intend”, “estimate”, “forecast”, “project”, “budget”, “schedule”, “may”, “will”, “could”, “might”, “should” or variations of such words or similar words or expressions. Forward-looking information is based on reasonable assumptions that have been made by Mission Ready Services Inc. as at the date of such information and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Mission Ready Services Inc. to be materially different from those expressed or implied by such forward-looking information.
Forward-looking statements are based on assumptions management believes to be reasonable. Although Mission Ready Services Inc. has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Mission Ready Services Inc. does not undertake to update any forward-looking information that is included herein, except in accordance with applicable securities laws.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.