Pacific Safety Products Inc.
TSX VENTURE : PSP

Pacific Safety Products Inc.

September 24, 2007 06:00 ET

Pacific Safety Products Inc. Announces Executive Appointment

KELOWNA, BRITISH COLUMBIA--(Marketwire - Sept. 24, 2007) - Pacific Safety Products Inc. (TSX VENTURE:PSP) ("PSP" or "the Company") announced today the appointment of Mr. Danny Crossman as Vice President, Defence Systems Division, PSP.

Mr. Crossman will lead the Company's initiatives in developing and marketing integrated solutions for the Soldier Modernization Programs in Canada, the USA and selected International markets. With this appointment PSP is establishing a Defence Division that will focus on enabling situational awareness for the dismounted soldier through the integration of electronics and alternative power sources with protective textiles. This market is estimated to be in excess of $1 Billion value over the next 5-7 years.

Mr. Crossman is a graduate of the Royal Military College of Science Shrivenham UK, Bachelor of Science, Explosive Technology. He also graduated from the Royal Military Academy Sandhurst and served with the British Army in Bosnia, Croatia, Kosovo and operation Desert Storm. He has been involved in a number of positions in the UK and Canadian Defence Industry sector, most recently as Director, Strategic Business Development for Med-Eng where he led the business diversification initiative from soft goods to counter IED products and systems.

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 armor 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 armor 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 armor 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
    Chairman and 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