(via Thenewswire.ca)
VANCOUVER, B.C. / TNW-ACCESSWIRE / August 12 2014 / - Mission Ready Services Inc. (TSX-V: MRS) - Mission Ready Services Inc. ("Mission Ready" or "MRSI" or the "Company") is pleased to announce that it has filed a patent application (the "Application") with the US Patent Office as well as an international filing under the Patent Cooperation Treaty for its Integrated Body Armor Garment referred to as the Extremity Torso Protection Body Armor (the "ExToPro").
PTF was awarded a contract to develop the next generation of enhanced torso and extremity protective equipment in the latter half of 2012 and subsequently initiated the execution of the project. Through collaboration with various partners, PTF finalized the design and began assembling prototypes for testing. In May of 2013, the product was introduced and demonstrated in an Army human factors evaluation. Feedback has been overwhelmingly positive with 100% of the Soldiers testing the prototypes expressing their desire for the ExToPro to become their issued protective system.
The ExToPro is based around the concept of biomimetics - the imitation of the models, systems, and elements of nature for the purpose of solving complex human problems. Since conception, the ExToPro has advanced through many stages of development and testing and received exceptional reviews from expert users including retired and active duty US Army personnel.
Some key features of the ExToPro include:
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-Significant weight reduction due to innovative design resembling the anatomy of the wearer
-Conformal protection to neck, upper back, upper torso and deltoid regions
-All protective technology integrated into a single athletic blouse, reducing the "Christmas Tree Effect" as seen in many current systems including the Army-issue body armor vests where snaps, hooks and loops are utilized to attached protective components
-Balanced weight distribution with an integrated elastic network that aids in correct posture and facilitates the donning and doffing of body armor vests with plate carriers
-Enhanced effectiveness and reduced risk of fatal injury due to fewer individual components and seams that can limit mobility due to snagging or dragging
Mission Ready's Chief Technical Officer, Francisco Martinez states, "It is rewarding to receive the highly positive feedback we have following the years of extensive research, development and testing that has resulted in the ExToPro - A streamlined, lighter, more effective body armor that we are eager to get into the field protecting those who protect us."
Many countries are developing next generation body armor systems to replace the body armor systems and components currently worn by the military ground forces in their country. Specific examples include the US Army's Soldier Protection Systems (SPS), the UK's Future Infantry Soldier Technology (FIST) program, France's FELIN program, Germany's Future Soldier System, Russia's Future Soldier System, and the Israeli Advanced Soldier.
Though it was initially developed with the soldier in mind, the ExToPro has garnered enthusiastic recognition within other areas of the military and law enforcement agencies. As well, the Company has identified many other opportunities and applications for the ExToPro within the protective services and civilian markets. In the United States and European countries, there is an increasing trend to provide body armor to first responders, such as EMS/EMT personnel and firefighters. This trend has been stimulated by the need to upgrade the capabilities of personnel who have to respond to casualties in the midst of a terrorist attack, mass shooting event, or other situations where the responder may encounter gunfire. The Company will now concentrate efforts to commercialize this and related products for the global body armor and personal protection market which has an estimated value of USD $2.4 billion in 2013 and is expected to grow to USD $3.7 billion by 2023.
About Protect The Force Inc.
Protect The Force is a strategic consulting firm specializing in providing leading manufacturers with relationship management, product development, acquisition & contracting expertise, and sales & marketing support geared towards successfully selling to the U.S. Federal Government.
Protect The Force offers over 100 years of combined experience in developing products, contracting, and selling to the federal government, first responder and tactical markets through open-market procurements, teaming arrangements and a variety of federal contract tools.
About Mission Ready
MRSI was formed to meet a critical need of one of the world's largest customers, the US Government and in particular the Departments of Defence, Homeland Security and Justice and various other agencies such as law enforcement, first responders and the many others worldwide that help to safeguard our health and security.
Headquartered in Vancouver, BC, MRSI has three distinct, synergistic operating divisions:
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Strategic consulting services and manufacturers representation
-Equipment inspection, cleaning/decontamination and repair services of personal protection equipment
-Product research and development
MRSI's mission is to save lives and enhance the performance of military personnel, first responders, and those who protect us by working to ensure they are equipped with the best possible personal protective equipment.
MRSI's management team offers over 100 years of combined industry experience and is composed of industry experts in developing products, contracting, and selling to the federal government, first responders and tactical markets through open market procurements, teaming arrangements, and a variety of federal contract tools.
For further information, visit the Company's website at MissionReady.ca or contact:
Terry Nixon - Director, Corporate Communications
Telephone: 1.877.479.7778
Investor Relations
1-866-684-6730
mrs@kincommunications.com
www.kincommunications.com
Mission Ready Services Inc.
(signed "Rod Reum")
Rod Reum,
President & CEO
This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "anticipate", "believe", "plan", "expect", "intend", "estimate", "forecast", "project", "budget", "schedule", "may", "will", "could", "might", "should" or variations of such words or similar words or expressions. Forward-looking information is based on reasonable assumptions that have been made by Mission Ready Services Inc. as at the date of such information and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Mission Ready Services Inc. to be materially different from those expressed or implied by such forward-looking information.
Forward-looking statements are based on assumptions management believes to be reasonable. Although Mission Ready Services Inc. has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Mission Ready Services Inc. does not undertake to update any forward-looking information that is included herein, except in accordance with applicable securities laws.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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