Lamperd Less Lethal, Inc. Announces First Quarter Results With a 471% Increase in Sales
April 29 2014 - 7:30AM
Marketwired
Lamperd Less Lethal, Inc. Announces First Quarter Results With a
471% Increase in Sales
SARNIA, ON--(Marketwired - Apr 29, 2014) - Lamperd Less Lethal
(PINKSHEETS: LLLI) announced that it has improved its quarterly
sales by 471% with the first delivery of its Ultra-Light 40MM
Single-Shot Grenade Launcher to the Canadian federal government. On
April 24, 2014 the Canadian Federal Government congratulated
Lamperd for the delivery of the equipment, "that represents an
increased level of protection for correctional officers and inmates
alike by providing a safer more accurate platform utilization of
less lethal options employed in containment and control
situations." Remaining units will be delivered in late 2014.
LLLI's main distributor in
Canada has a meeting set up with governmental departments in Canada
on May 14, 2014 which LLLI has been invited to attend. Also, LLLI
has scheduled a demonstration for a large foreign military force in
June 2014. While receiving orders from these types of agencies
takes a prolonged period of time, Lamperd is optimistic about
receiving substantial sized orders from these parties during the
remainder of 2014 which should lead the company into
profitability.
These new single and
multi-shot launchers have stirred considerable interest in the
worldwide less lethal market. Several national governments, armed
forces personnel, police and security agencies from around the
world have recently contacted Lamperd with great interest in the
new product line.
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 Lethal Barry Lamperd President (519) 344-4445
www.lamperdtraining.com
Lamperd Less Lethal (PK) (USOTC:LLLI)
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