DALLAS, Oct. 9, 2014 /PRNewswire/ -- IMPERALIS
HOLDING Corp. (IMHC.PK) announced the purchase of 100% of the
common stock of Safeguard Armor, Inc. (Safeguard). Safeguard, a
privately owned Nevada Corporation, with an office in Dallas, Texas, is a provider of armor
protection solutions, specializing in ballistic blast, I.E.D. blast
mitigation and intrusion protection for commercial assets, power
plants, pumping stations, oil and gas facilities, and vehicles both
military and consumer built to required specification.
Safeguard was formed from the assets, operations and
intellectual properties of a company which had $9,000,000 in sales in 2007 and 2008. Safeguard
uses a propriety process that reduces the load factor while
increasing the projectile penetration prevention of the armored
panels. As a provider of armored vehicles for military
purposes the opportunities for expanded markets in the "war on
terror" is exciting.
The acquisition of Safeguard was effective September 30, 2014.
Walter Stock said, "The
acquisition will provide Imperalis Holding Corp. with a company
well positioned to address the changing security needs of business,
utilities and high profile individuals for the next decade."
About Imperalis Holding Corp.
Imperalis Holding Corp. incorporated under the laws of the
State of Nevada, is a holding
company providing management consulting services to small and large
companies including reorganization in chapter 11. Imperalis
Holding Corp. shares are currently traded on the over the counter
market and under the symbol IMHC.
About Safeguard Armor Solutions, Inc.
Safeguard has the premiere armoring solutions that applies to
protect shielding for vehicles, facilities and assets, such as
generators, power plants and oil and gas facilities. It is the
objective of Safeguard Armor Solutions, Inc. to become the brand of
choice for all types of armoring solutions in both the national and
international marketplace by offering quality products that meet
the changing needs of all those participating in the war on
terror.
SOURCE Imperalis Holding Corp.