SOURCE: Mission Ready Services Inc.

Mission Ready Services Inc.

September 22, 2016 10:54 ET

Mission Ready Acquires ForceOne Armor Business

VANCOUVER, BC--(Marketwired - September 22, 2016) - Mission Ready Services Inc. ("Mission Ready" or the "Company") (TSX VENTURE: MRS) is pleased to announce that PTF Manufacturing Inc. ("PTFM") has acquired certain manufacturing assets, trademark, customer list and 23 certifications of models that Comply with the U.S. Department of Justice, National Institute of Justice ("NIJ") standard-0101.06 for ballistic-resistance of body armor of ForceOne, LLC ("ForceOne").

ForceOne manufactured a full range of tactical solutions that will now be manufactured by PTFM in the Tennessee facility including modular tactical vests, rapid entry vests, tactical outer shell vests, protector vests, E.M.S. carrier vests, navigator vests, and flexible shields. In addition, PTFM will offer the ForceOne armor accessories, including custom-fit carrier shells, concealable ballistic panels, pockets, pouches, ID panels, and protective carrying bags.

"The strategic acquisition of the ForceOne assets will complement and greatly enhance PTFM's portfolio of tactical solutions at this pivotal and exciting time for the company," states Rod Reum, President and CEO of Mission Ready. "The highly regarded NIJ Certifications will be invaluable to the Company in further validating our products and our dedication to the highest quality standards in personal protective equipment and the added equipment rounds out that which is already in place giving us a state of the art facility that will lower our overall cost of production."

About the ForceOne Business
The business of ForceOne is dedicated to delivering personalized protection solutions to Law Enforcement professionals. Working alongside industry veterans and current protective services members, ForceOne's team of experts set out to redefine the way that body armor and other protective equipment is developed, creating mission-specific ballistic armor engineered with improved, lighter-weight materials and increased functionality. ForceOne's technologically advanced armor products carry a well-earned reputation for outstanding ballistic performance and cutting-edge comfort.

About PTF Manufacturing Inc.
PTF Manufacturing Inc. ("PTFM") -- a division of Mission Ready Services Inc. -- is a manufacturer of high quality tactical equipment. Located in the beautiful mountains of Jacksboro, Tennessee, PTFM develops and distributes innovative tactical solutions and soft armor ballistics for the protection of those who serve the people including law enforcement, military, fire, emergency, corrections, among others. PTFM's goal is to provide superior quality products and unparalleled support to its clients and dealers.

About Mission Ready
MRSI's mission is 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:

  • Strategic consulting services and manufacturers representation
  • Equipment inspection, cleaning/decontamination and repair services of personal protection equipment
  • Product research and development

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.

Mission Ready Services Inc.

(signed "Rod Reum")

Rod Reum,
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.

Contact Information

  • For further information, visit www.MissionReady.ca or contact:
    Terry Nixon
    Director, Corporate Communications
    Telephone: 1.877.479.7778