Pacific Safety Products Inc.
TSX VENTURE : PSP

Pacific Safety Products Inc.

January 05, 2007 12:35 ET

Pacific Safety Products Inc. Announces $500,000 Order Extension

KELOWNA, BRITISH COLUMBIA--(CCNMatthews - Jan. 5, 2007) - Pacific Safety Products Inc. (TSX VENTURE:PSP) ("PSP" or "the Company") announced today that the Company has been awarded a contract extension worth $500,000 over the next 12 months for the supply of body armour to an Ontario-based police services group.

David Scott, PSP CEO of the Company, said the Company is particularly pleased with the contract extension. "Much of our body armour business comes from standing orders from Law Enforcement Agencies, such as the organization that has announced the contract extension. It shows we have a satisfied customer as well as a top quality product line that remains competitive."

PSP is currently the Canadian market leader for the supply of protective armor to Canadian military and law enforcement agencies.

OVERVIEW OF THE BUSINESS

The mission statement of Pacific Safety Products Inc. is ...we bring everyday heroes home safely™. PSP is an established industry leader in the production, distribution and sale of high-performance and high-quality safety products for the defence and security market. These products include body armour to protect against ballistic, stab and fragmentation threats, ballistic blankets to reduce blast effects, and protective products against chemical and biological hazards. PSP is the largest armour manufacturer in Canada and supplies its products to the Canadian Department of Defence, Federal Government Agencies and major law enforcement organizations across the country. The Company, through its U.S. subsidiary Sentry Armor Systems Inc., provides body armour products to U.S. based law enforcement and private security firms. The Company also produces tactical clothing and emergency medical kits.

Pacific Safety Products is a reporting issuer in British Columbia, Alberta and Ontario, Canada and publicly trades under the symbol PSP on the TSX Venture Exchange.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Pacific Safety Products Inc.
    David Scott
    Chief Executive Officer
    (250) 491-0911 or Toll Free: 1-888-PSP-ARMR (1-888-777-2767)
    (250) 491-0930 (FAX)
    Email: dscott@pacsafety.com
    Website: www.pacsafety.com