Lamperd Less Lethal, Inc. Announces Successful Expansion of Its Product Lines
February 25 2014 - 7:00AM
Business Wire
Lamperd Less Lethal (PINKSHEETS: LLLI) has begun the
manufacturing of the 350 Ultra -Light 40MM Single- Shot Grenade
Launcher ordered by the Canadian federal government. With the
orders in house to be built, the company will have more revenue in
the next few weeks than in any year in the last five years.
As a result of conversations with, and a plant visit by a large
military force, Lamperd has researched, engineered, designed,
manufactured and tested a 37/38/40 MM five shot magazine grenade
launcher weighing 5.4 pounds that worked perfectly in range
testing. As a comparison, most launchers in the market weigh nine
pounds or more. The product will be available for order fulfillment
in early Spring 2014.
After several visits and demonstrations, the disbursement
officer of a foreign country has requested a representative from
the company to return and finalize what the company expects to be
the largest purchase order in company history from this overseas
government. Additional distributor interest has also been expressed
as representatives from Mexico and Europe visited the Lamperd plant
on February 21, 2014 for another round of highly successful
demonstrations and testing.
These new single and multi shot launchers have stirred
considerable interest in the world-wide less lethal market. Several
national governments, armed forces personnel, police and security
agencies from around the world have contacted Lamperd with great
interest in the new product line. Interest has been expressed in
potential orders ranging from a few dozen to a thousand or more
units. These additional orders re expected over the next several
weeks and could put the company firmly on the road to
profitability.
The company is working diligently on its product development and
sales/ marketing plans with an eye on profitability in the near
term. It may be in the best interest of investors and shareholders
to actively watch the companies’ progress through these crucial
developments.
About the Company
Lamperd Less Lethal, Inc. is a manufacturer of less lethal
weapons and ammunition for defensive purposes only. Lamperd has a
range of products to fit all defensive purposes.
This press release contains forward-looking statements relating
to Lamperd Less Lethal, Inc. Lamperd Less Lethal, Inc. undertakes
no obligation to update or revise forward-looking statements to
reflect changed assumptions, the occurrence of unanticipated events
or changes in future operating results.
Safe Harbor for Forward-Looking
Statements: This news release includes
forward-looking statements. While these statements are made to
convey to the public the company's progress, business opportunities
and growth prospects, readers are cautioned that such
forward-looking statements represent management's opinion. Whereas
management believes such representations to be true and accurate
based on information and data available to the company at this
time, actual results may differ materially from those described.
The company's operations and business prospects are always subject
to risk and uncertainties. Important factors that may cause actual
results to differ are and will be set forth in the company's
periodic filings with the U.S. Securities and Exchange
Commission.
Lamperd Less LethalBarry Lamperd,
519-344-4445Presidentwww.lamperdtraining.com
Lamperd Less Lethal (PK) (USOTC:LLLI)
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