Redesigned Munition Expands Business Opportunities
(firmenpresse) - SARNIA, ON -- (Marketwired) -- 01/12/16 --
(OTC PINK: LLLI) has developed what it believes is the latest silver bullet for law enforcement agencies and the military. In conjunction with various colleges a munition with a new mold-injected nylon section replacing the aluminum section has been developed to reduce the potential for injury. The nose of the less lethal projectile munition is made of a flagship material developed for Lamperd by Western University. The design of the nylon section was done in collaboration with Lambton College''s Bluewater Technology Access Centre.
The redesigned system includes a projectile whose nose is designed to collapse on impact to minimize the risk of severe injury yet provide enough force to knock down a perpetrator. This projectile is used in a newly developed 40mm launcher designed and manufactured by Lamperd. The Company now has a coast to coast contract with Canadian federal government to use the system in all the federal prisons.
There have been many inquiries and several product demonstrations from governments around the world. Lamperd Less Lethal expects a substantial increase in its revenues with the complete roll-out and start of production of these less lethal 40mm system.
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. We also offer our Model X100 streaming video and audio wifi body camera, worn by police and military personnel.
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.
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, Inc.
Barry Lamperd
519-344-4445
President
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Datum: 12.01.2016 - 11:15 Uhr
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News-ID 1408469
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