Unisync Selected as Uniform Provider to Societe de Transport de Montreal
November 15 2021 - 07:30AM
Unisync Corp.
(“Unisync")
(TSX:"UNI")
(OTCQX:“USYNF”) is pleased to announce that it has
been selected by Societe de Transport de Montreal (“STM”) to manage
the uniform program for 8,708 uniformed transit employees of the
City of Montreal. This multi-year agreement is for an initial term
of five years plus two two-year extension options, with a combined
estimated value approaching $30 million over the full term of the
contract. The award is the culmination of an extensive review of
Unisync’s award-winning product quality and customer-focused suite
of Managed Fulfillment Services. The new agreement provides
uniforms and other items to the various sections of STM, grouped
into two blocks. Block I represents operational staff including
drivers, operations managers and employees, security control
managers, and fire prevention employees and managers. Block II
represents maintenance staff including maintenance managers,
administrative and technical employees, and operational support
staff.
“Winning the STM contract is a great achievement
for Unisync, and reflects the significant effort we have placed on
building our capabilities and base in Quebec in recent years”
commented CEO, Matthew Graham. “STM is the iconic transit provider
in the City of Montreal and our focus will be to provide uniforms
that enable these transit operators to perform to the best of their
ability every day, moving the people of Montreal to and from their
daily destinations. Our state-of-the-art Managed Fulfillment
Services solution will ensure that the various collective
agreements applicable to each group of employees will be adhered to
and the end-to-end supply chain will ensure that every employee
will have the correct uniform to wear every day.”
About UnisyncUnisync is a
broad-based vertically integrated North American enterprise with
exceptional capabilities in garment design, domestic manufacturing,
and off-shore outsourcing, including state-of-the-art web based B2B
ordering, distribution, and program management systems. Unisync
operates through two business units: Unisync Group Limited (“UGL”)
and 90% owned Peerless Garments LP which has been producing
operational uniforms and accessories to Canada’s Armed Forces for
over 50 years.
UGL is a leading provider of full-service,
managed apparel programs for major corporations and
government-related entities with an established broad-based
geographical footprint across Canada and into the US
marketplace.
On Behalf of the Board of Directors Matthew Graham, CEO
Investor
relations contact:Telephone:
778-370-1725 or Email investorrelations@unisyncgroup.com
Forward Looking Statements
This news release may contain forward-looking
statements that involve known and unknown risk and uncertainties
that may cause the Company’s actual results, performance or
achievements to be materially different from any future results,
performance or achievements expressed or implied in these
forward-looking statements. Any forward-looking statements
contained herein are made as of the date of this news release and
are expressly qualified in their entirety by this cautionary
statement. Except as required by law, the Company undertakes no
obligation to publicly update or revise any such forward-looking
statements to reflect any change in its expectations or in events,
conditions or circumstances on which any such forward-looking
statements may be based, or that may affect the likelihood that
actual results will differ from those set forth in the
forward-looking statements.
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