Lamperd Less Lethal Inc. (OTC: LLLI), a manufacturer of less lethal weapons and ammunition for defensive purposes only, recently announced that it demoed its products to potential customers in Russia and Egypt. Management anticipates that these demos will ultimately lead to orders over the near-term.
The move follows an agreement with a large distributor in the United Kingdom for the marketing rights for the Model X100 streaming video and audio wifi body camera, as well as recent shipments of non-lethal weapons and ammunition the Canadian government’s Department of Corrections.
Investors in the defense space, including companies like Kratos Defense & Security Systems Inc. (NASDAQ: KTOS) or API Technologies Corp. (NASDAQ: ATNY), may want to take a closer look at Lamperd Less Lethal given its focus on crowd control and police tools rather than solely national government sales.
Read the entire press release here:
Lamperd Less Lethal (PINKSHEETS: LLLI) increased its world-wide market footprint expanding to Russia and Egypt. One of the largest product distribution companies in Russia sent personnel to our plant last Thursday where they received product demonstrations and ordered crowd control products for shipment this year. An Egyptian representative visited the plant in September followed by an order and receipt of our core products for demonstration. The demonstration has been represented as a success and we expect to receive orders from the effort in the near future.
LLLI continues to receive growing recognition from countries who hadn’t been introduced to our products previously. Many of the countries have needs to control crowds at political rallies and civil demonstrations and are looking for the less lethal solutions we manufacture and sell.
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. We also offer our Model X100 streaming video and audio wi-fi 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.
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.