Brite-Strike Tactical Illumination Announces Thomas M. Hagerty Investment in BSTI
June 17 2010 - 7:30AM
Marketwired
Brite-Strike Tactical Illumination Products, Inc. (PINKSHEETS:
BSTK) announced that Thomas M. Hagerty, a principal in THL
Partners, a major Boston-based investment firm, has become a major
investor in BSTI via a private investment of five million
restricted shares of Brite-Strike common stock, priced at $.10
"Mr. Hagerty brings to our company a great deal of knowledge and
experience, and we are extremely pleased that he has chosen to make
this investment, and be a source of funding to the Company," stated
Brite-Strike President Glenn Bushee.
"As our Company grows, it is critical to have the proper
guidance and advice, as well as the funding needed to develop new
products, expand operations, and purchase components to meet the
increased demand," said Mr. Bushee. "Having someone with the
credentials of Thomas M. Hagerty as an investor, as well as a
trusted advisor, coupled with our new board members Brig. General
RJ Johnson (ret. USMC) and Jon Goodrich (MACE Security), means that
we have the right players to manage our growth, and avoid any
potential pitfalls."
"Mr. Hagerty's extensive knowledge, contacts and reputation will
be a key asset in future growth plans for Brite-Strike, including
those involving possible mergers and acquisitions," said Mr.
Bushee. "We are very fortunate to have a man of his caliber as part
of our team, which is dedicated to putting the finest products
possible into the hands of our military and law enforcement
professionals."
Brite-Strike is the key corporate sponsor of STOP AOW, Stop
Assaults On Women, www.stopaow.org
Anyone wishing to find out more information on the Company or
its products is invited to visit the Company's website at
www.brite-strike.com.
About Brite-Strike Tactical Illumination Products, Inc. (PINKSHEETS:
BSTK)
Brite-Strike Tactical Illumination Products, Inc. was developed
by two police officers to create world-class tactical LED
flashlights with features that police officers and citizens can use
as a non-lethal means of defense. These lights utilize intense,
white light, in a high, low or strobe setting, which can distract,
and disorient attackers, while causing no harmful side-effects.
Brite-Strike is committed to using the latest technology,
world-class components, and highest design and manufacturing
standards, so that consumers can rely on Brite-Strike products when
they are needed. The company's Tactical Blue-Dot Series meets or
exceeds military specs of armed forces around the globe and are
deemed almost indestructible. For more information on the
Brite-Strike product line, please visit:
http://www.brite-strike.com. Law Enforcement and military personnel
are eligible for discount pricing. Contact Customer Service at
customerservice@brite-strike.com or (781)585-5509 for further
details.
Forward-Looking Statements: This release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. All forward-looking
statements are inherently uncertain as they are based on current
expectations and assumptions concerning future events or future
performance of the company. Readers are cautioned not to place
undue reliance on these forward-looking statements, which are only
predictions and speak only as of the date hereof. In evaluating
such statements, prospective investors should review carefully
various risks and uncertainties identified in this release and
matters set in the company's SEC filings. These risks and
uncertainties could cause the company's actual results to differ
materially from those indicated in the forward-looking
statements.
Contact Information: Jack Lennon (774) 994-2709
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