Pacific Safety Products Inc. Reports Fourth Quarter and Fiscal 2011 Year End Results
(firmenpresse) - ARNPRIOR, ONTARIO -- (Marketwire) -- 10/24/11 -- Pacific Safety Products Inc. (TSX VENTURE: PSP) ("PSP" or the "Company"), a leading North American manufacturer of advanced armour and personal protection solutions, today reported financial results for the three months and year ended June 30, 2011.
Highlights:
"We've stabilized the balance sheet and focused the business to move forward", says Chief Executive Officer, Doug Lucky. He summed up the year as follows, "The Company has successfully realized a number of business transformation achievements including building a new management team, setting a clear strategic direction, building out our NIJ.06-certified body armour product portfolio, entering into a new Canadian lender relationship, and working closely with our customers and suppliers among other achievements."
About PSP:
The mission statement of Pacific Safety Products Inc. is ...we bring everyday heroes home safely®. PSP is an established industry leader in the production, distribution and sale of high-performance and high-quality safety products for the defence and security market. These products include body armour to protect against ballistic, stab and fragmentation threats, ballistic blankets to reduce blast effects, tactical clothing, and protective products against chemical and biological hazards. PSP is the largest body armour manufacturer in Canada, directly supplying the Canadian Department of National Defence, Federal Government Agencies and major Canadian law enforcement organizations. The Company, through its U.S. subsidiary Sentry Armor Systems Inc., provides body armour products under the GH Armor Systems® brand to U.S. based law enforcement and private security firms. The Company also produces tactical clothing. Pacific Safety Products is a reporting issuer in British Columbia, Alberta and Ontario, Canada and publicly trades under the symbol PSP on the TSX Venture Exchange.
For complete consolidated financial statements with notes and management discussion and analysis, refer to SEDAR ().
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Pacific Safety Products Inc.
Douglas Lucky
Chief Executive Officer
(613) 623-6001
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Datum: 24.10.2011 - 16:30 Uhr
Sprache: Deutsch
News-ID 1049229
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ARNPRIOR, ONTARIO
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Kategorie:
Medical Devices
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