Point Blank Solutions Wins Three-Year Detroit Police Department Contract
POMPANO BEACH, Fla., Sept. 7 /PRNewswire/ -- Point Blank Solutions, Inc. (Pink Sheets: PBSOQ), a leader in the field of protective body armor solutions, today announced that its wholly owned subsidiary, Point Blank Body Armor ("PBBA") has been awarded a three-year contract to supply its NIJ .06 compliant, Hi-Lite™ Level II body armor system to the Detroit Police Department.
"The Detroit PD is a very important customer to our organization and we are honored to supply them with the protective solutions they need to effectively do their jobs and protect their officers against escalating threat levels," stated Michael Foreman, senior vice president, domestic and international sales. "Our strategy to introduce lighter, more flexible solutions with increased ballistic strength provides law enforcement personnel with the protection they need and at affordable prices [relative to the industry]. Additionally, we are listening to our customers, designing products to protect against the threats most specific to law officers' needs and most of all we remain committed to officer safety."
The Hi-Lite™ series is rigorously tested to meet or exceed Military V50 Specifications in accordance with MIL-STD-662F for 2-4-16-64 gr, RCC fragmentation, exceeds the NIJ 0101.06 standard for bullet resistant armor and comes equipped with a Patented Self Suspending Ballistic System™ which features stretch neoprene shoulder straps that connect to both the front and back ballistic panels, ensuring optimal protective coverage. The system also includes Akwadyne® moisture wicking inner materials which, moves moisture away from the body and aids in the evaporation and cooling process for increased comfort. Both the male and female versions include trauma insert pockets (for add-on trauma plates) which provide increased blunt trauma protection, as well as added accessories for comfort, increased coverage and safety. For additional information on the Company's Hi-Lite™ series and other Point Blank Body Armor products, please visit http://www.pointblankarmor.com/Catalogs/PBBA_2010/pbba_online_catalog_2010.html.
Detroit, MI is currently the 11th largest city in the United States with over 910,000 residents and close to 5,000 law enforcement professionals in service. PBBA will be supplying, both male and female soft body armor solutions to the Detroit Police Department, with purchases varying in size and duration over this initial three-year period. Additionally, the contract calls for two, one-year extensions.
ABOUT POINT BLANK SOLUTIONS
Point Blank Solutions, Inc. is a leader in the design and production of technologically advanced body armor systems for the U.S. Military, Government and law enforcement agencies, as well as select international markets. The Company is also recognized as the largest producer of soft body armor in the U.S. With state-of-the-art manufacturing and laboratory testing facilities, strategic technology and marketing alliances, and an ongoing commitment to drive innovation, the Company believes that it can deliver the most advanced body armor solutions, quicker and better than anyone in the industry. The Company maintains facilities in Pompano Beach, FL and Jacksboro, TN. To learn more about Point Blank Solutions, Inc. visit our website at www.PointBlankSolutionsInc.com.
SAFE HARBOR STATEMENT
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: THE STATEMENTS WHICH ARE NOT HISTORICAL FACTS CONTAINED IN THIS PRESS RELEASE ARE FORWARD-LOOKING STATEMENTS, WHICH ARE BASED LARGELY ON THE COMPANY'S EXPECTATIONS AND ARE SUBJECT TO VARIOUS BUSINESS RISKS AND UNCERTAINTIES, CERTAIN OF WHICH ARE BEYOND THE COMPANY'S CONTROL. WORDS SUCH AS "EXPECTS," "ANTICIPATES," "TARGETS," "GOALS," "PROJECTS," "INTENDS," "PLANS," "BELIEVES," "SEEKS," "ESTIMATES," VARIATIONS OF SUCH WORDS, AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY SUCH FORWARD-LOOKING STATEMENTS. THESE FORWARD-LOOKING STATEMENTS ARE ONLY PREDICTIONS THAT SPEAK AS OF THE DATE HEREOF AND ARE SUBJECT TO RISKS, UNCERTAINTIES AND ASSUMPTIONS THAT ARE DIFFICULT TO PREDICT. THEREFORE, ACTUAL RESULTS MAY DIFFER MATERIALLY AND ADVERSELY FROM THOSE EXPRESSED IN ANY FORWARD-LOOKING STATEMENTS. FACTORS THAT MIGHT CAUSE OR CONTRIBUTE TO SUCH DIFFERENCES INCLUDE, BUT ARE NOT LIMITED TO, (1) CHANGES IN THE COMPANY'S INTERNAL CONTROL STRUCTURE OVER FINANCIAL REPORTING, (2) UNCERTAINTY OF FUTURE FINANCIAL RESULTS, (3) ADDITIONAL FINANCING REQUIREMENTS, (4) DEVELOPMENT OF NEW PRODUCTS, (5) GOVERNMENT APPROVAL AND CONTRACTING PROCESSES, (6) THE IMPACT OF COMPETITIVE PRODUCTS OR PRICING, (7) TECHNOLOGICAL CHANGES, (8) THE EFFECT OF POLITICAL AND ECONOMIC CONDITIONS, (9) THE OUTCOME AND IMPACT OF LITIGATION TO WHICH THE COMPANY IS A PARTY AND THE SECURITIES AND EXCHANGE COMMISSION AND OTHER INVESTIGATIONS REGARDING THE COMPANY, (10) TURNOVER IN THE COMPANY'S SENIOR MANAGEMENT, (11) UNCERTAINTIES ASSOCIATED WITH THE REORGANIZATION PROCESS AND (12) OTHER UNCERTAINTIES DETAILED IN THE COMPANY'S FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION, INCLUDING, WITHOUT LIMITATION, THOSE UNCERTAINTIES AND RISKS DISCUSSED IN DETAIL IN "RISK FACTORS," IN THE COMPANY'S PERIODIC REPORTS ON FORMS 10-K AND 10-Q. THE COMPANY UNDERTAKES NO OBLIGATION TO REVISE OR UPDATE PUBLICLY ANY FORWARD-LOOKING STATEMENTS TO REFLECT ANY CHANGE IN THE EXPECTATIONS OF OUR MANAGEMENT WITH REGARD THERETO OR ANY CHANGE IN EVENTS, CONDITIONS, OR CIRCUMSTANCES ON WHICH ANY SUCH STATEMENTS ARE BASED.
Contacts: |
Glenn Wiener |
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GW Communications |
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212-786-6011 / [email protected] |
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SOURCE Point Blank Solutions, Inc.
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