Mission Ready Announces Exclusive Licensing Agreement for Proprietary Heavy Metal Decontamination Technology

VANCOUVER, B.C. – March 31, 2017 – Mission Ready Services Inc. (“Mission Ready” or the “Company”) (TSX-V : MRS) is pleased to announce that it has signed a Memorandum of Understanding to acquire an exclusive licensing agreement with KT Chemicals Inc. (“KT Chemicals”) for its proprietary heavy metal decontamination technology (the “Technology”) as a revolutionary new compliment to the broad range of solutions provided by the Company’s cleaning and repair division, 10-20 Services Inc. (dba “Protect The Force” or “PTF”).

KT Chemicals’ Technology, described as a Stripable Coating, provides a cost efficient, highly effective, and environmentally friendly solution to the otherwise labor-intensive, and often cost prohibitive, challenge of removing heavy metals from all types of personal protective equipment (“PPE”).

The Technology – originally developed by KT Chemicals in cooperation with the US Government for the remediation of contaminated sites – was identified by Francisco Martinez, Chief Technology Officer of Protect The Force, in response to an industry request for the decontamination of certain PPE at escalating volumes as capacities and process efficiencies allow.

Mr. Martinez states, “In addition to providing the highest levels of cleaning and repair services to our customers, we are now able to provide a state-of-the-art, environmentally safe technology to decontaminate individual equipment containing heavy metals. Our strategic relationship with KT Chemicals is exclusive and allows for domestic and global opportunities not only on individual equipment but also in contaminated sites.”

Mr. Karl Taft, KT Chemicals President, stated, “We are honored to have this opportunity to partner with Protect The Force and play a role helping to protect those responsible for protecting us. We look forward to working with the PTF team in expanding the use and applications of our proprietary and patented technology to decontaminate heavy metals.”

About KT Chemicals, Inc.
Headquartered in Richardson, Texas, KT Chemicals, Inc. (“KT”) is a manufacturer and distributor of environmentally safe, specialty chemicals for use in industrial and commercial applications. KT’s products contain no dangerous chemicals, utilizing all-natural and renewable resources that are safe and effective.

About 10-20 Services Inc.
10-20 Services Inc. (dba “Protect The Force”) provides cleaning, decontamination and repair solutions to the global defense, security and first-responder markets. 10-20 operates a cleaning, decontamination and repair facility in North Carolina, adjacent to Fort Bragg (the world’s largest military installation), utilizing its patented “Advanced Cleaning System” which combines hydraulic pressure with a unique blend of detergents to deep clean personal protective equipment in a systematic computer-controlled machine cycle.

About Mission Ready Services Inc.
Mission Ready serves 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.

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

  • Innovations and Development of Personal Protective Equipment
  • Manufacturing of Leading Military & Law Enforcement Personal Protective Equipment
  • Cleaning, Decontamination & Repair of Personal Protective Equipment

Mission Ready’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 MissionReady.ca or contact:

Terry Nixon – Director, Corporate Communications
Telephone: 1.877.479.7778

Mission Ready Services Inc.

(signed “Jeff Schwartz”)

Jeff Schwartz,
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.

Future Soldier – Army Unveils Lightweight, Scalable Body Armor

The average Generation II Improved Outer Tactical Vest weighs about 26 pounds. But the new “Torso and Extremity Protection System” or TEP, under development now at Program Executive Office Soldier, sheds about five pounds of weight and also adds a wide degree of scalability that commanders can make use of depending on threat level and mission.

Written by C. Todd Lopez | Army News Service
“The TEP is part of the new “Soldier Protection System” under development now at PEO Soldier. The SPS includes both the TEP and the Integrated Head Protection System.”
CLICK HERE TO READ THE FULL ARTICLE AT SCOUT.COM
Source:
www.scout.com

Mission Ready Announces Strategic Partnership with Soteria Armor

VANCOUVER, B.C. – March 14, 2017 – Mission Ready Services Inc. (“Mission Ready” or the “Company”) (TSX-V: MRS) is pleased to announce that – through its wholly-owned subsidiary, Protect The Force – the Company has entered into a strategic partnership with Soteria Armor (“Soteria”) for the integration of Soteria’s proprietary SoterX™ textile cut, slash, stab, puncture, fire, abrasion and low velocity fragmentation protection into its Flex9Armor™ to complement and increase its existing ballistic protection technologies.

Protect The Force (“PTF”), a leading manufacturer of protective products and apparel for first-responders, law enforcement and military is increasing and enhancing the performance qualities of their entire product line – following the Flex9Armor™ shirt integration – with the SoterX™ line of personal protective breathable textiles. This future integration will include carriers, pouches, and first-responder products as well as the Company’s own No-Contact and newly acquired, Wild Things, product lines.

“This strategic collaboration represents a considerable step forward for Protect the Force in capturing leading innovations to be incorporated into our growing line of high-performance protective products,” states Jeff Schwartz, CEO of Mission Ready. “Soteria’s vision and approach to personal protection complements that of Mission Ready Services and we look forward to the acceleration of numerous opportunities resulting from this strategic partnership.

“We are excited to be collaborating with Protect the Force and know the enhanced capabilities Soteria Armor brings to their Flex9Armor™ shirt will not only set a new standard for the law enforcement and first-responder communities, but will also serve to protect those who are committed to protecting us,” states Mark Sullivan, CEO of Soteria Armor.

Incorporating Soteria Armor “Made in the USA” material in the Flex9Armor™ Shirt and other Protect The Force products will allow the Company to further enhance their products and offer revolutionary, light-weight, cut resistant, ballistic personal protection solutions.

Francisco Martinez, PTF’s Chief Technical Officer remarked that “Following our introduction to Soteria, there were immediate team synergies and a mutual passion to disrupt the status quo in advanced personal protection. We are excited for the innovation possibilities that our integrated teams can create and bring to market quickly.”

Protect The Force is a company which has the dedication and vision to bring innovative products, manufacturing and the entrepreneurial spirit together into one unified business goal. The focus of PTF is to develop and sustain strong relationships within the protective products industry and provide premier innovations, using experienced manufacturing, as well as new product development and sales capabilities to both internal and external customers. True to its name, PTF’s mission it to Protect Those Who Protect Us – Protection is in our DNA™. For more information on Protect the Force visit www.ProtectTheForce.com.

About Soteria Armor
Soteria Armor develops light weight, comfortable, anti-microbial, and breathable apparel, that provides the wearer with un-paralleled protection from fire, cut, slash, stab, puncture, abrasion and low velocity frag.  Our products are designed to meet the specific needs of those who put their lives on the line, and ONLY contain natural and synthetic fibers, avoiding the use of metals, glass, meta aramids and para aramids.

Built with proprietary SoterX™ multifunctional materials and Protect the Forces light weight exoskeleton composites. SOTERIA ARMOR textiles reduces injury and enhances the survivability of the individual.

For more information on Soteria Armor and SoterX™ visit http://www.SoteriaArmor.com.

About Mission Ready
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’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 MissionReady.ca or contact:

Terry Nixon – Director, Corporate Communications
Telephone: 1.877.479.7778

Mission Ready Services Inc.

(signed “Jeff Schwartz”)

Jeff Schwartz,
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.

Future Soldier Equipment – NSRDEC Report

The U.S. Army’s single most important piece of equipment does not come from a lab or a factory; the greatest weapon the Army deploys is the Soldier. Human performance optimization is crucial to both the Army’s current and future operations.

A Soldier demonstrates the new Blast Pelvic Protector and Ballistic Combat Shirt, both developed by NSRDEC and PEO Soldier as part of the Soldier Protection System. (Photo Credit: U.S. Army)

CLICK HERE TO READ THE FULL ARTICLE AT SOFMAG.COM

Source:
www.sofmag.com

Mission Ready Closes Wild Things Acquisition

VANCOUVER, B.C. – March 9, 2017 – Mission Ready Services Inc. (“Mission Ready” or the “Company”) (TSX-V: MRS) is pleased to announce that all conditions precedent to the Asset Purchase Agreement related to the acquisition of Wild Things, LLC, first announced September 1, 2016, have been satisfied and Mission Ready has closed the acquisition of the business and certain assets of Wild Things, LLC (the “Transaction” or “Acquisition”). The USD $4.5MM Transaction was further detailed in news releases dated January 4, 2017, February 8, 2017, February 21, 2017 and February 28, 2017.

The close of the Transaction follows the approval from Crestmark Bank (“Crestmark”) to extend a USD $2.5MM credit facility to Wild Things USA Inc., a wholly-owned subsidiary of the Company.

“We are thrilled to announce the completion of the Wild Things Acquisition and wish to extend a sincere thank you to all of the individuals involved in advancing this transaction to completion, including the Wild Things team and members of Crestmark’s staff,” said Rod Reum, Chairman of Mission Ready. “Crestmark has been providing lending facilities to Wild Things for a number of years, and we are honored to have them partner with Mission Ready as well,” Reum added.

About Crestmark
Crestmark is an FDIC-insured bank that provides innovative financial solutions for businesses nationwide. Financing solutions include asset-based lending, accounts receivable financing, lines of credit, term loans, factoring, machinery/equipment financing and equipment leasing. Crestmark has extensive experience in helping many industries including transportation, manufacturing, staffing, petrochemical, government contractors, apparel/footwear/furniture distribution/manufacturing, hospitality/hotels, insurance agencies, and technology hardware/software. Headquartered in Michigan, with additional offices in California, Florida, Louisiana, Tennessee, New York, and Illinois; and representatives nationwide.  www.crestmark.com

About Wild Things, LLC
Founded in 1981, Wild Things, LLC has earned a reputation for sophisticated, tough, lightweight technical outerwear, alpine-style backpacks, haul-bags, and innovative tactical clothing.  Wild Things occupies a unique position in the marketplace with a 35-year heritage of pioneering product design for the specialized needs of the alpine mountaineering and military communities.  Chosen for the world’s most demanding conditions by the world’s most demanding users, Wild Things, LLC manufactures its products in the USA under two divisions — Wild Things for the outdoor enthusiast and Wild Things Tactical for the unique needs of the military and law enforcement communities.  In addition to the design studio and executive offices located in Middletown, Rhode Island, Wild Things operates a factory and second design studio in Gorham, New Hampshire. For more information, visit: http://wildthingsgear.com/

About Mission Ready
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.

Headquartered in Vancouver, BC, Mission Ready 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

Mission Ready’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 MissionReady.ca or contact:

Terry Nixon – Director, Corporate Communications
Telephone: 1.877.479.7778

Mission Ready Services Inc.

(signed “Rod Reum”)

Rod Reum,
Chairman

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.