VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 10, 2015) - Mission Ready Services Inc. (TSX VENTURE:MRS) - Mission Ready Services Inc. ("Mission Ready" or "MRSI") is pleased to announce that it has signed an exclusive Patent License Agreement (the "Agreement") with the U.S. Army Natick Soldier Research, Development and Engineering Center ("NSRDEC"), through its wholly-owned subsidiary, Protect the Force Inc. ("Protect the Force" or the "Company"). The license terms will provide Protect the Force with exclusive rights to market the Integrated Body Armor Garment ("Next Generation Body Armor") anywhere outside of the U.S. Federal Government, including local and state law enforcement agencies, as well as internationally to markets such as the Canadian Army and all NATO countries and partners.
Developed over the past 4 years - under a Broad Agency Announcement for the Army Next Generation Body Armor - through a successful joint effort between Protect the Force and NSRDEC, the Integrated Body Armor Garment is a revolutionary breakthrough in soldier protection technology and answers the need for a high-mobility, light-weight Next Generation Body Armor. The Integrated Body Armor Garment is the basis for the Company's previously announced Ballistic Combat Shirt ("BCS") and Tactical Police Shirt ("TPS").
The Integrated Body Armor Garment contains a network of body armor panels that provides protection from ballistic threats while permitting a wide range of motion and providing increased comfort and breathability to the wearer. Mission Ready announced the filing of the patent application with the U.S. Patent and Trademark Office as well as an international filing under the Patent Cooperation Treaty for the Integrated Body Armor Garment in a news release dated August 12, 2014.
Robert DiLalla, NSRDEC Team Leader for the Infantry Combat Equipment Team in the Warfighter Directorate, was named as an inventor on the patent applications licensed by Protect the Force. Mr. DiLalla worked closely with the Company in their effort to ensure that the Warfighters' needs were addressed by the Integrated Body Armor Garment. Mr. DiLalla states, "It's been extremely productive working with Protect the Force over the past few years developing advanced concepts for the next generation of Soldier protection. Clearly, we're both excited that some of the concepts, such as the ballistic combat shirt, fared well during the Army development test phases for the Soldier Protection System program of record. Our goal from the beginning was to improve Soldier performance while maintaining the same ballistic protection as the current Interceptor Body Armor system. We were able to quantify significant performance increases in laboratory testing, but it was the exceptionally high user acceptance across three development test phases that indicated we had something revolutionary. While our mission here at the NSRDEC is to support the Warfighter I am pleased to know that this technology has application to better protect members of the law enforcement community both domestically and abroad."
Francisco Martinez, Chief Technical Officer of Mission Ready states, "Considering the emphatically positive feedback we have received from user evaluations in a variety of tactical and combat-related environments, we are excited to receive this exclusive license from the U.S. Army providing a largely uninhibited path for the Company to pursue our sales and marketing efforts on a broad scale with a primary focus on national and international SWAT and Emergency Response Teams.
About U.S. Army Natick Soldier Research, Development and Engineering Center
The Natick Soldier RD&E Center (NSRDEC) is located at the U.S. Army Natick Soldier Systems Center in Natick, Massachusetts, under the Army's Research, Development and Engineering Command (RDECOM). NRSDEC's mission is to maximize the Warrior's survivability, sustainability, mobility, combat effectiveness and quality of life by treating the Soldier as a System.
NSRDEC exists to develop and test new material systems for U.S. Army soldiers. It has been the prime developer of MREs, elements of the Future Force Warrior System, the PALS grid and other items and methods used in the modern American military.
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 has a robust infrastructure comprised of a network of industry professionals, an efficiently-coordinated supply chain, an unparalleled dealer organization, and a leading edge research and development faculty and 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 Services Inc.
MRSI was created 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.
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.
Mission Ready Services Inc.
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.
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Contact Information:
Terry Nixon
Director, Corporate Communications
1.877.479.7778
www.MissionReady.ca