PTF Update – Scott Safety Announces Product Approvals

VANCOUVER, B.C. – Mission Ready Services Inc. (MRS: TSX-V) – Further to the Mission Ready Services Inc. (“Mission Ready” or “MRSI”) announcement on February 11, 2014, MRSI provides the following update on the operations of its wholly-owned subsidiary, Protect the Force Inc. (“PTF” or “the Company”).

On November 22, 2013, respirator manufacturers received notification from the National Institute for Occupational Safety and Health (NIOSH) of chemical, biological, radiological and nuclear testing errors at the governments Edgewood Chemical Biological Center (ECBC). As a result of these errors, NIOSH and ECBC temporarily halted all CWA testing until test procedures could be validated and are re-testing affected products.

This issue impacted all manufacturers who had products tested and/or approved over a certain period of time at ECBC including products placed for Scott Safety, A Tyco Business, by PTF.  Scott Safety in a recent press release announced that it has received NFPA approvals for its Air-Pak X3 and Air-Pak 75 SCBA’s to the 2013 Edition of NFPA 1981 and 1982, and will begin shipping immediately.

As part of its agreement with Scott Safety, Protect The Force earns commission income on product sales of certain Scott Safety products to agencies of the United States Federal Government once the product has shipped.

The Air-Pak 75 (AP 75) has been the leading SCBA used by first responders and municipal and industrial firefighters since its introduction in 2007. The key reasons for its success are:

Redundancy of Safety Features – giving firefighters confidence in their life saving equipment and allowing them to focus on the critical job at hand.

Ease of Use – provides firefighters a simple-to-use and easy-to-understand SCBA that requires minimal training, increases operational efficiencies and reduces training costs.

Low Cost of Ownership – lower costs after initial sale through its rugged design, assembly and warranty policy enable the department to direct valuable funding to training and other PPE rather than on maintenance costs.

Scott Safety’s Air-Pak remains the most trusted, durable and easy to use SCBA in the fire service, with redundant safety features, a low cost of ownership and firefighter-designed and tested components.  And the Scott Safety Air-Pak SCBA is the only SCBA to meet the stringent requirements to be labeled “Made in the USA.”

Gary Hess, President of Protect The Force states “I and my team at PTF are proud to be associated with such a world class organization like Scott Safety and look forward to continuing to bring these products to the first responder market”

The mission of Protect the Force is to save lives and enhance the performance of security personnel and those who protect us, by working to ensure they are equipped with the best possible personal protective equipment.

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
Ph: 1-866-684-6730
mrs@kincommunications.com
www.kincommunications.com

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.

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.

Mission Ready Closes $1.5M Private Placement

Mission Ready Services Inc. (MRS: TSX-V), (“Mission Ready” or the “Company”) is pleased to announce the closing of a $1.5 million private placement offering, first announced March 11, 2014, of Units of the Company at an issue price of $0.25 per Unit, each Unit consisting of (a) one common share of the Company (a “Share” or “Shares”), and (b) one share purchase warrant (a “Warrant”) of the Company (a “Unit” or “Units”).  Each Warrant shall entitle the holder thereof to acquire one additional Share (a “Warrant Share” or “Warrant Shares”) at an exercise price of $0.50 per Warrant Share and expiring on August 26, 2015.

The closing took place in two tranches, 5,120,000 Units closed on April 1, 2014 and are restricted for resale until August 2, 2014 and the remaining 880,000 Units closed on April 16, 2014 and are restricted for resale until August 17, 2014.

The Units were sold, on a private placement basis, to persons who qualified as “accredited investors” or by other such exemptions available under applicable securities legislation in Canada and other jurisdictions determined by the Company.  The securities offered are subject to resale restrictions pursuant to the applicable securities laws.

In consideration, finders were paid a cash commission of $90,800 and 236,400 broker Units warrants.  Each unit is comprised of one share and one warrant.  Each warrant shall entitle the holder thereof to acquire one additional share at a price of $0.50 per warrant share and expiring on August 26, 2015.

Business of the Company

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.

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.

Headquartered in Vancouver, BC, MRSI has three distinct, synergistic operating divisions:

  • Strategic consulting services and manufacturers representation
  • Equipment inspection, cleaning/decontamination and repair services of personal protection equipment
  • Product research and development

For further information, visit the Company’s website at www.missionready.ca or contact:

Terry Nixon, Director, Corporate Communications
1-877-479-7778

Investor Relations
1-866-684-6730
mrs@kincommunications.com
www.kincommunications.com

Mission Ready Services Inc.

Rod Reum,
President & CEO

This news release may contain “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.