SOURCE: Lamperd Less Lethal, Inc.
SARNIA, ON--(Marketwired - Apr 29, 2014) - Lamperd Less Lethal (PINKSHEETS: LLLI) announced that it has improved its quarterly sales by 471% with the first delivery of its Ultra-Light 40MM Single-Shot Grenade Launcher to the Canadian federal government. On April 24, 2014 the Canadian Federal Government congratulated Lamperd for the delivery of the equipment, "that represents an increased level of protection for correctional officers and inmates alike by providing a safer more accurate platform utilization of less lethal options employed in containment and control situations." Remaining units will be delivered in late 2014.
LLLI's main distributor in Canada has a meeting set up with governmental departments in Canada on May 14, 2014 which LLLI has been invited to attend. Also, LLLI has scheduled a demonstration for a large foreign military force in June 2014. While receiving orders from these types of agencies takes a prolonged period of time, Lamperd is optimistic about receiving substantial sized orders from these parties during the remainder of 2014 which should lead the company into profitability.
These new single and multi-shot launchers have stirred considerable interest in the worldwide less lethal market. Several national governments, armed forces personnel, police and security agencies from around the world have recently contacted Lamperd with great interest in the new product line.
About the Company
Lamperd Less Lethal, Inc. is a manufacturer of less lethal weapons and ammunition for defensive purposes only. Lamperd has a range of products to fit all defensive purposes.
This press release contains forward-looking statements relating to Lamperd Less Lethal, Inc. Lamperd Less Lethal, Inc. undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes in future operating results.
Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.