VANCOUVER, B.C. – Mission Ready Services Inc. (TSX-V: MRS)– Mission Ready Services Inc. (“Mission Ready” or “MRSI” or the “Company”) announces that its wholly owned subsidiary 10-20 Services Inc.’s (“10-20”) initial purchase order for $1 million to remediate or clean contaminated Infantry Combat Equipment for the US Marine Corps Logistics Systems Command has been increased to $4.2 million for the base year effective immediately.
The Infantry Combat Equipment is currently stored at Marine Corps Logistics Base Barstow, a United States Marine Corps supply and maintenance installation located east of Barstow, California where the Company will be establishing an additional facility, doubling 10-20’s current capacity.
Work on this project has commenced at 10-20’s Washington State and North Carolina processing sites with 10-20 ramping up to three shifts per day at each site in order to handle the additional Marine Corps workflow as well as its current contracts and work volume from its on-base military service centres.
About 10-20 Services
10-20 was formed to provide services and product sales to the U.S. Federal Government and their contractors. 10-20 currently operates military cleaning and repair facilities adjacent both to Joint Base Lewis-McCord (JBLM) in Washington State and also Fort Bragg, North Carolina (the world’s largest military base). Additionally, the Company operates a military service center on each base.
About Mission Ready
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.
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
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.
For further information, visit the Company’s website at MissionReady.ca or contact:
Terry Nixon – Director, Corporate Communications
Mission Ready Services Inc.
(signed “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.