June 2023 - Mission Ready Solutions

Mission Ready and GORUCK Form Strategic Partnership to Supply US Patriot Stores

VANCOUVER, BRITISH COLUMBIA, CANADA – JUNE 20, 2023 – Mission Ready Solutions Inc (“Mission Ready” or the “Company”) (TSX-V: MRS) (OTCQB: MSNVF) (FSE: 2R4), announces its strategic partnership with GORUCK, the renowned gear and training company, to supply US Patriot, the nation’s largest off-post tactical and military retailer. Under this continued relationship and exciting new collaboration, Mission Ready and Unifire, Inc. (“Unifire”) will act as GORUCK’s dedicated sales agents and primary point of contact for US Patriot.

Jason McCarthy, Founder of GORUCK, expressed his enthusiasm, stating, “US Patriot holds a prominent position as one of the largest retailers of military boots in the US market. This strategic partnership with Mission Ready and Unifire will allow GORUCK to significantly enhance its reach and exposure within the tactical and military audience, while simultaneously introducing our everyday carries, footwear and functional fitness products.”

“The alignment between GORUCK’s direct-to-consumer (DTC) model and this opportunity was a perfect match,” said Buck Marshall, President and CEO of Mission Ready. “With the recent launch of GORUCK’s highly anticipated MACV-2, the AR 670-1 Compliant boots, GORUCK now offers a state-of-the-art alternative that perfectly complements US Patriot’s mission. This partnership marks a significant milestone in our shared commitment to delivering cutting-edge solutions to the tactical and military community.”

By joining forces, Mission Ready and GORUCK are poised to revolutionize the supply chain dynamics within the industry, leveraging each other’s strengths to provide unparalleled value to US Patriot and its customers. Through this strategic alliance, the companies aim to drive innovation, expand market presence, and solidify their position as providers of mission-critical products.

About GORUCK

Founded in 2008 by former Green Beret, Jason McCarthy, GORUCK is headquartered in Jacksonville Beach, FL. Jason’s commitment to the Special Forces way of life, coupled with what he had learned in war, inspired him to build a “go-bag”, or “go-ruck” for his wife and co-founder, Emily, who was a Case Officer in the CIA working in French-speaking West Africa. The bag was meant for her to keep in her vehicle and at home, ready to go at all times.

This “go-bag” would serve as the catalyst for what eventually became GORUCK’s original piece of gear, the GR1. It took over two years to design and manufacture the rucksacks and ensure they would thrive in both Baghdad and NYC — Green Berets were judge and jury of quality and functionality. GORUCK prides itself on building the toughest rucking & workout gear on the planet backed by our SCARS Lifetime Guarantee. Rucksacks, footwear, apparel, ruck plates, training gear and more. For more information, visit GORUCK.com.

About Mission Ready Solutions Inc.

Mission Ready Solutions provides comprehensive government contracting solutions with extensive experience in delivering quality, mission-critical products and services for law enforcement, firefighters, first responders, military, and other governmental agencies.

Through its privileged access to a host of federal contracting vehicles, including Multiple Award Schedule (“MAS“) contracts awarded and administered by the United States General Services Administration, Mission Ready’s wholly-owned subsidiary, Unifire, Inc., leverages its robust vendor network, time-proven industry relationships, proprietary technology infrastructure, and industry-leading manufacturing and distribution capabilities to efficiently source and deliver more than 1.5 million products.

For further information on Mission Ready Solutions Inc., please visit MRSCorp.com. You can also subscribe to our mailing list at eepurl.com/hznhX9 to receive our press releases and latest news directly by email.

Mission Ready Solutions Inc.

(Signed “Buck L. Marshall”)

Buck L. Marshall
President, CEO and Director
T: +1 877.479.7778

Investor Relations Contact:

Dominic Gray
MRS-IR@MRSCorp.com
T: +1 877.479.7778 (Ext.5)

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information

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 Solutions 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 Solutions Inc. to be materially different from those expressed or implied by such forward-looking information. 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 Solutions Inc. does not undertake to update any forward-looking information that is included herein, except in accordance with applicable securities laws.

Mission Ready Reports Q1-2023 Financial Results

Company also Provides an Update on F&ESE TLS Solicitation

VANCOUVER, BRITISH COLUMBIA, CANADA – JUNE 5, 2023 – Mission Ready Solutions Inc (“Mission Ready” or the “Company”) (TSX-V: MRS) (OTCQB: MSNVF) (FSE: 2R4), a provider of comprehensive government contracting solutions, recently released its condensed consolidated interim financial statements for the three months ended March 31, 2023 (“Q1 2023”).

The following are highlights for Q1 2023 (all dollar figures are quoted in Canadian currency unless otherwise specified):

Gross Revenues: $0.98MM
Gross Margin: 67% ¹
Net Income (loss): (0.82MM)
Decrease in Operating Expenses: 27% ²

^{(1) The improved margin (relative to recent periods) reflects generally higher margins on products manufactured in-house without the influence of lower-margined government contracts.}

^{(2) As compared to previous year.}

A copy of the condensed consolidated interim financial statements for the three months ended March 31, 2023, and the associated Management’s Discussion and Analysis (“MD&A”) are available on SEDAR.com under the Company’s profile.

The Company also provides additional insight into the Fire & Emergency Services Equipment (F&ESE) Tailored Logistics Support (TLS) program. The F&ESE TLS Program includes the total logistics support for the fire & emergency services requirements of the Defense and Logistics Agency (DLA) customers, including military installations and federal activities worldwide.

“The F&ESE TLS Program is ingrained in Unifire’s DNA and has paved the way for our success in the government contracting space,” said Dan Raczykowski, Director of Mission Ready and President of Unifire, Inc. “In light of our significant efforts to enhance our financial position, it was a natural progression for us to seize this solicitation and return to our roots. This opportunity not only aligns with our expertise and deep understanding of the market but also holds great potential for optimized revenue generation.”

The Company responded to the solicitation SPE8EH-21-R-0001 issued on March 22, 2022. The Company recently received and subsequently accepted an extension request of the Company’s offer until the end of September 2023.

About the F&ESE TLS Program

The F&ESE TLS Program is a multiple-award program with post-award competition of delivery orders, primarily focused on maintaining continuity of support for fire and emergency support personnel worldwide. Products and solutions typically sought through the program include fire & emergency services equipment as well as related supplies and incidental services, including but not limited to: hoses, hose fittings, nozzles, tools, fire extinguishers, extinguishing agents, poles, ladders, rescue devices, self-contained breathing apparatus (SCBA) and other respiratory protection, shovels, regulators, uniforms, station and training wear and equipment, structural, shipboard, and forestry turn out gear and other protective products (e.g. gloves, boots, helmets, hoods, goggles, and protective clothing used for environmental, industrial, HAZMAT, weapons of mass destruction, terrorism, and first response personal protection), first response search and rescue equipment and supplies, decontamination equipment, detection equipment, communication equipment and tools, suppression equipment, surveillance and alarm systems and system parts, propane and other fire and first responder training systems and other first responder equipment, emergency station vehicle exhaust and ventilation systems, breathing air compressors, emergency egress, exit and protective systems, pumps, generators, storage, containment, and racking systems.