Ironclad and Vibram Partner in New Global Initiative for Performance Hand Protection
DALLAS, Oct. 27, 2014 /PRNewswire/ -- Ironclad Performance Wear (ICPW:QB) announced today that it has entered into an exclusive agreement with Vibram Corporation for the development of advanced protective and performance hand wear using Vibram technologies. Vibram is the world leader in high performance rubber soles, targeted to the outdoor, work, recreation, fashion, repair and orthopedic markets.
"This is a tremendous opportunity to leverage the significant technology base Vibram has developed to set new standards for protective and performance hand protection," commented Jeff Cordes, President and CEO of Ironclad. "We are honored and delighted to have Vibram as our partner in this global initiative. It is an important step as we continue to build a new Ironclad."
"We are excited about this new venture with Ironclad," commented Michael V. Gionfriddo, Vibram President and CEO for the USA. "We believe there are many opportunities to leverage our technology in the numerous performance and safety hand wear markets and Ironclad is exceptionally positioned to lead this effort for us."
"This initiative with Vibram will open new markets for Ironclad," commented Bryan Griggs, Ironclad's Executive Vice President Sales & Marketing. "We look forward to sharing with our customers and consumers new products leveraging Vibram technology. This is another step in our team's vision to provide exceptional safety and performance hand protection for all consumers."
Bill Ells, Vice President of Component Sales for Vibram added: "Both companies recognize the potential of this partnership and have already invested significant energy in development of this new business. We are excited about the possibilities and new doors we see opening. We look forward to continuing the efforts between our organizations as we grow this business together."
About Ironclad Performance Wear Corporation
Ironclad Performance Wear is a brand leader in technical, task-specific, performance work gloves, having created the performance work glove category in 1998. The company continues to leverage its leadership position in the safety, construction and industrial markets through the design, development and distribution of specialized task-specific gloves for numerous industries, including oil & gas exploration, automotive and construction, as well as police, fire, first-responder and military. Ironclad engineers and manufactures its products with a focus on innovation, design, advanced material science and durability. Ironclad's gloves are available through industrial suppliers, hardware stores, home-centers, lumber yards, auto parts stores and sporting goods retailers nationwide, and through authorized distributors in North America, Europe, Australia and Asia.
Important Information about Forward-Looking Statements
This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at which, or by which, that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for Ironclad's products, the introduction of new products, Ironclad's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of Ironclad's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in Ironclad's filings with the United States Securities and Exchange Commission. Examples of such forward looking statements in this release include statements regarding new markets and products for Ironclad. For a more detailed description of the risk factors and uncertainties affecting Ironclad, please refer to the company's recent Securities and Exchange Commission filings, which are available at www.sec.gov. Ironclad undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
For Further Information:
Contact:
William Aisenberg
CFO Ironclad Performance Wear
972 996 5664 x 130
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/ironclad-and-vibram-partner-in-new-global-initiative-for-performance-hand-protection-247954898.html
SOURCE Ironclad Performance Wear Corporation
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