SOURCE: Lamperd Less Lethal Inc.
SARNIA, ON--(Marketwired - Feb 11, 2014) - Lamperd Less Lethal, Inc. (PINKSHEETS: LLLI), a manufacturer of less lethal weapons and ammunition for the training of Police Military and Government Security personnel, today announced the receipt of a purchase order from Canada's Federal Government to supply 350 Ultra-Light 40MM Single-Shot Grenade Launchers. Under the agreement, the company will supply 250 launchers by March 31, 2014 with the remaining 100 to be delivered at a later date. These launchers are capable of deploying impact rounds and gas rounds, as well as more traditional rounds.
"The Canadian Federal Government's purchase order represents the first of many for our new ultra-light launchers," said Barry Lamperd, Chairman & CEO of Lamperd Less Lethal, Inc. "The new launchers have generated significant excitement amongst police and military forces who have tested the products, and believe they could become a new industry standard."
The new Ultra-Light Single-Shot Launchers are made from a high-performance composite material and weigh just 3.7 pounds with other competitive launchers starting at around 9 pounds. The Company is also releasing a new Ultra-Light Multi-Shot Launcher that weighs just 5.4 pounds which encompasses a revolutionary new magazine feed allowing for significantly faster deployment.
Both are the lightest of their kind in the industry and will save on carry and transport weight.
In addition to the purchase order from the Canadian Government, the Company is in communication with a large military end user that has expressed interest in both the single and multi-shot launchers.
About the Company
Lamperd Less Lethal, Inc. is a manufacturer of less lethal weapons and ammunition for defensive purposes only. To the best of our knowledge there has never been a death caused by the utilization of our products. 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.