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Archive for the ‘Industry’ Category

Breakthrough Clean Technologies Partners With OpticsPlanet

Thursday, November 17th, 2016

November 16th, 2016: Breakthrough Clean Technologies is proud to announce its newest partnership with OpticsPlanet.com as their newest online retailer. Effective immediately OpticsPlanet will be offering Breakthrough Clean’s line of revolutionary cleaning products through its online web store. OpticsPlanet has been a powerhouse retailer for brands like Surefire, Leupold, and Trijicon. They have recently locked in Breakthrough Clean along with their Solvents, Lubricants, and Cleaning kits.

“We are excited to be working with the folks at OpticsPlanet. We are just amazed at the recent partnerships that we have been able to cultivate. Breakthrough Clean has been climbing steadily, and we have the customers to thank for this “Grass Roots” growth. ” – Gabriel Cabrera (Marketing Director/ Breakthrough Clean Technologies).

“It is rare for a company to make as sensational an introduction into the solvents industry as Breakthrough Clean has done.” Says Alex Royzen, Manager of Supply Chain Development at OpticsPlanet, Inc. “As the leading purveyor of gear online, we wanted to make sure our customers had access to this “breakthrough” product line for all their cleaning needs.”

To learn more about Breakthrough Clean Technologies visit: www.BreakthroughClean.com

To view Breakthrough Clean’s product line up on OpticsPlanet visit: www.opticsplanet.com/breakthrough-clean-technologies-brand

Sera-Brynn Announces Addition of Patrick McLaughlin as Director, Business Development

Wednesday, November 16th, 2016

Suffolk, Va., Nov. 14, 2016 – Sera-Brynn is pleased to announce the addition of Patrick McLaughlin to the key position of Director, Business Development.

McLaughlin brings a unique combination of traditional Department of Defense (DoD) business development as well as technology sales experience stemming from his background in working with large companies, including Netapp, Dell/EMC and Riverbed Technologies.

His experience in working with the DoD and other federal agencies in the area of cybersecurity, mission critical IT systems and consulting services will be instrumental to the Sera-Brynn team, said CEO Rob Hegedus.

“We welcome Patrick and are excited he has joined our team,” Hegedus said. “We feel confident Patrick will be a key factor in our continued growth across all of our business units and strengthening relationships with our existing clients as well as business partners.”

McLaughlin has more than 25 years of experience with U.S. federal and DoD agencies. This includes discovering and then introducing new products and technologies in emerging markets.

About Sera-Brynn: Headquartered in Suffolk, Va., Sera-Brynn is a global Cyber Risk Management firm with an international client base. The company is dedicated to helping clients secure their computing environments, pre- and post-breach, and meet applicable mandatory industry and government compliance requirements. Sera-Brynn is the only Payment Card Industry Qualified Security Assessor in North America directly partnered with a multi-billion dollar financial institution, and the firm works closely with the insurance industry, legal offices nationwide, crisis management firms, financial institutions and law enforcement at all levels to provide the most comprehensive protection to its clients.

Sera-Brynn’s clients include Fortune 1000 companies, healthcare, financial institutions, insurance carriers and re-insurers, higher education, municipalities and state governments, manufacturers, law offices, large retail establishments, technology enterprises, accounting firms, national non-profits, and international joint ventures.

LaserMax names Jay Duncan Vice President of Marketing 

Wednesday, November 16th, 2016

Rochester, NY – November 14, 2016 – LaserMax announced today that Jay Duncan will join the executive management team to direct and lead the marketing efforts for the innovator and manufacturer of high quality laser sighting systems.?
“Jay is a strategic hire for LaserMax as we focus our branding, product offerings and message on delivering high quality laser aiming solutions to the consumer.” said Chris Tinkle, Chief Sales Officer for LaserMax. “Jay brings a ton of experience, and he’s an inspiring leader who exemplifies LaserMax’s core values, I’m excited to have him on our team.”

Mr. Duncan has over a decade of experience in marketing in the shooting sports industry. That experience provides Jay with the skills and talent for developing, implementing, and supervising the marketing initiatives of LaserMax in support of organizational strategy and objectives.

“I am profoundly honored to join LaserMax,” said Duncan. “I have enormous respect for the team and I am excited to contribute to the company’s continued success and growth. LaserMax is uniquely positioned in the firearms accessory market with incredible product offerings for both Self Defense and Military markets. This creates an awesome opportunity to tell the wonderful story of this iconic brand via captivating marketing initiatives.“

Prior to joining LaserMax Duncan most recently held the position of Director of Sales and Marketing for Gorilla Ammunition where he executed all sales channel development and directed all aspects of marketing. Prior to his time at Gorilla Ammunition Mr. Duncan also served as the Vice President of Sales and Marketing for Daniel Defense for over 8 years.

www.lasermax.com

RSR Steel Targets Is Now Defense Targets

Wednesday, November 16th, 2016

FOR IMMEDIATE RELEASE

Wilmington, North Carolina – November 15, 2016

RSR Steel Targets is now Defense Targets

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Due to legal reasons, Renaissance Steel Research Inc. is changing its Doing Business As (DBA) name RSR Steel Targets to Defense Targets. Nothing is changing but our logo and name. You can still expect the same products and support we have always provided to our nation’s finest Law Enforcement, Military and firearms owners. The team at Defense Targets has loved providing quality steel targets at a reasonable price and we will continue to grow. The overall support that has flowed in from our customer base has been remarkable. It amazes me how united and supportive you all have been. If you have any further questions please do not hesitate to reach out directly to me.

Semper Fi,

Danny Domin
Founder and President

Nightforce Optics Welcomes Glenn Lass to the MIL-GOV-LE Division

Wednesday, November 16th, 2016

What a great addition to the team at Nightforce Optics. I’ve known Glenn Lass for several years and he is a rockstar.


Nightforce® Optics is proud to welcome Glenn Lass as Program Manager with the MIL-GOV-LE Division.

Glenn will assist in continuing the growth of the military, government and law enforcement markets by providing weapon optic solutions to those professionals. His focus will be on developing new programs to meet current and future requirements for warfighters and security professionals around the globe. Recently with Badger Ordnance, Glenn comes with 10 years of professional experience in military/government product development and sales.

“Glenn is a natural fit for our growing team,” commented Tod Litt, MIL-GOV-LE Business Development Manager. “We have known and worked alongside Glenn for several years as an industry colleague, and have found him to be the logical addition to our organization that brings the necessary experience and end-user relationships that are critical to our growth.”

With Glenn’s professional experience of working with the warfighter directly, he demonstrates what Nightforce sees as a very important part of our everyday business; the ability to understand specific needs to further develop and deliver the right products to the military, government and law-enforcement professional.

Nightforce is a leading manufacturer and marketer of premium sport optics and products, including riflescopes, spotting scopes and accessories. We are known for our rugged high-precision engineered designs that are capable of holding up to punishing conditions. Based in Orofino, Idaho, Nightforce has established a benchmark for high-quality, high-performance products that have accompanied soldiers into battle, world champion shooters to the winner’s podium, and helped hunters take a trophy of a lifetime.

www.nightforceoptics.com

Med-Eng Holdings ULC to Acquire Pacific Safety Products Inc. for $0.21 Per Common Share in All-Cash Transaction

Friday, November 11th, 2016

ARNPRIOR, ONTARIO–(Marketwired – Nov. 10, 2016) – Pacific Safety Products Inc. (TSX VENTURE:PSP) (“PSP” or the “Company”) announced today that it has entered into an arrangement agreement (the “Arrangement Agreement”) with Med-Eng Holdings ULC (the “Buyer”), a Canadian wholly owned subsidiary of Safariland, LLC (“Safariland”), under which the Buyer will acquire all of the outstanding common shares of PSP for $0.21 per share in cash.

The purchase price represents a premium of approximately 23.5% to the closing price of PSP’s common shares on the TSX Venture Exchange on November 9, 2016 and a premium of approximately 25.9% to PSP’s volume weighted average share price for the twenty trading days ending November 9, 2016.

The transaction, which will be completed by way of a plan of arrangement (the “Arrangement”) under the Canada Business Corporations Act, is expected to close in December 2016. Completion of the Arrangement is subject to customary closing conditions, including court approval, TSX Venture Exchange approval, as well as the approval of two-thirds of the votes cast on the Arrangement resolution by shareholders present in person or represented by proxy, voting as a single class (with each PSP shareholder being entitled to one vote for each common share held), at an annual and special meeting of shareholders of PSP (the “PSP Meeting”) scheduled to be held on Monday, December 19, 2016 to, among other things, consider and vote upon the Arrangement.

The Board of Directors of PSP, after consultation with its financial and legal advisors, has determined that the Arrangement is fair to the shareholders of PSP and is in the best interest of PSP and accordingly has approved the Arrangement Agreement and the making of a recommendation that shareholders of PSP vote in favour of the Arrangement resolution at the PSP Meeting. Echelon Wealth Partners Inc., financial advisor to the Board of PSP, has provided an opinion to the Board of Directors, based upon and subject to certain assumptions, that the consideration being offered by the Buyer pursuant to the Arrangement is fair, from a financial point of view, to the shareholders of PSP. A copy of Echelon’s opinion will be included in the management information circular to be prepared and mailed in connection with the PSP Meeting.

Shareholders, including the directors and officers of PSP, who in the aggregate beneficially own approximately 21.7% of the outstanding common shares of PSP, have agreed, pursuant to support agreements and subject to certain exceptions, to vote their shares in favour of the Arrangement at the PSP Meeting.

Under the Arrangement, Buyer will also acquire the common shares of PSP issued upon conversion of outstanding convertible debentures in the aggregate principal amount of $749,000, which are convertible at a price of $0.15 per common share. In addition, each stock option of the Company outstanding immediately prior to the effective time of the Arrangement will be cancelled in exchange for a cash payment equal to the amount by which the consideration per common share payable pursuant to the Arrangement exceeds the exercise price of such option. Total cash consideration of approximately $15.4 million will be paid for PSP’s common shares, convertible debentures and stock options.

The Arrangement Agreement includes covenants of PSP typical for a transaction of this nature, including with respect to non-solicitation, a right granted to Buyer to match any superior proposal for PSP and a provision entitling PSP to a “fiduciary-out”. In addition, PSP has agreed to pay a termination fee of $780,000 to Buyer upon the occurrence of certain events, including if PSP pursues a superior proposal, as well as an expense reimbursement fee upon a termination of the Arrangement Agreement in certain circumstances. The Arrangement Agreement is subject to customary termination rights, including termination at either party’s option if the Arrangement has not been completed by February 19, 2017.

In connection with the PSP Meeting, a management information circular of PSP providing details of the Arrangement as well as the rationale for the support of the Arrangement by PSP’s Board of Directors will be prepared and mailed to shareholders over the coming weeks. A copy of the Arrangement Agreement, the management information circular and the support agreements will be available on PSP’s SEDAR profile at www.sedar.com.

Echelon Wealth Partners Inc. and ZED Financial Partners are acting as financial advisors to the Board of Directors of PSP. Wildeboer Dellelce LLP is acting as counsel to PSP. Blake, Cassels & Graydon LLP is acting as legal counsel to the Buyer.

DHB Founder David Brooks Passes Away in Prison

Wednesday, November 9th, 2016

We’ve been remiss in reporting that David Brooks, the founder of DHB, a body armor manufacturer made infamous early in the war due to his criminal activity, recently passed away at age 61, while in federal prison, serving time for stock swindling, among other crimes.  

Old timers in the body armor business remember him well.  

Grunt Style Announces Precision Pro Team for 2017

Tuesday, November 8th, 2016

Carroll Stream, IL-Grunt Style is proud to announce its 2017 Long Range Pro Team. The GS Pro Team will be competing in long range precision shooting sports across several disciplines and organizations.

Grunt Style 1st SGT Tim Jensen said of the Pro Team, “We’re proud to have assembled some of the greatest folks and shooters in the US. These guys aren’t just great shooters; they are some of the most genuine people that I know. We’re looking forward to a great year of changing the face of shooting sports and instilling a sense of pride in self, military and country of everyone that we meet.”

GS Pro Team Precision shooters include PRS notables, Bryan Morgan, Joe Caley, Spenser Berry and precision competition new comer, Tim Jensen.

Grunt Style’s first event of the 2017 season will be the PRS Finale at FTW Ranch in Barksdale, TX, Jan 27-29, 2017.