US DLA Exercises First One-Year Option Period for COTS Contract

  • Contract Description: Indefinite delivery, indefinite quantity (“IDIQ“) contract to facilitate the delivery of products through the Company’s vendor network in support of the United States Defense Logistics Agency (“DLA“) Troop Support Clothing & Textiles (“C&T“) supply chain
  • Contract Value: Up to USD $200,000,000 (the “Ceiling“)
  • Product Description: Commercial off-the-shelf (“COTS“) Shelter Systems
  • Performance Period: 1-year base ordering period (Dec. 3/22 through Dec. 2/23) with two 1-year option periods remaining (the “Term“)

VANCOUVER, BRITISH COLUMBIA, CANADA – DECEMBER 7, 2022 – Mission Ready Solutions Inc (Mission Ready or the Company) (TSX-V: MRS) (OTCQX: MSNVF) (FSE: 2R4), a provider of comprehensive government contracting solutions, is pleased to announce that, through its wholly-owned subsidiary, Unifire, Inc. (“Unifire“), the Company has received a one-year extension of its contract for COTS – Shelter Systems (SPE1C1-22-D-1506) (the “COTS Contract“) in support of the DLA C&T supply chain, with a Ceiling of USD $200,000,000 (CAD $268,000,000 using a USD-CAD exchange rate of 1.34) over the Term of the Contract. The extension follows the initial contract award first announced by the Company in a news release dated December 3, 2021.

“This extension immediately succeeds a modest order the Company received in November and is currently working to fulfill, and we are excited for this opportunity to further elevate our stature on this contract,” said Buck Marshall, President and CEO of Mission Ready. “The DLA’s exercise of the first one-year period reinforces the government’s sustained need for Unifire’s unique solutions. In recent months, we have worked to maximize the potential value of the COTS Contract by bolstering our relationship with key suppliers in order to offer additional or alternative products across the COTS Contract.”

Marshall added, ” As we approach the end of 2022, we are seeing some movement in the opportunities pipeline. With our continued efforts to position the Company for growth, and our established track record providing governments with cutting-edge products and solutions, we are confident that these near-term catalysts will effectively translate into increased revenues and profits.”

DLA COTS – Shelter Systems Program (the “Program”)

The COTS – Shelter Systems program is a multiple-award, prime vendor contract, structured to accommodate the addition of products through the life of the contract. The Program’s supply chain, at present, offers military tents, parts, and support equipment.

COTS Contract Terms

The IDIQ contract – with an initial 1-year base ordering period and three 1-year option periods – calls for the supply of COTS – Shelter Systems in support of the United States DLA Troop Support Clothing & Textiles supply chain, and specifies a maximum dollar value of USD $200,000,000.

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 Announces New Canadian Distribution Agreement with Massif

VANCOUVER, BRITISH COLUMBIA, CANADA – November 21, 2022 – Mission Ready Solutions Inc. (“Mission Ready” or the “Company“) (TSX-V: MRS) (OTCQX: MSNVF) (FSE: 2R4), a provider of comprehensive government contracting solutions, is pleased to announce that it will begin to distribute Massif’s products as an International Dealer for Canada.

Massif, a world leader in flame-resistant high-end tactical apparel, has been a strategic partner of Mission Ready’s wholly-owned subsidiary Unifire, Inc. for the US market, providing top-performing products to the US Government and having recently been added to Unifire’s Cold Weather BPA.

“Massif’s products are highly sought after through our Multiple Award Schedules and, with their uncompromising quality, it was a natural fit to offer their line of products to our Canadian network,” said Buck Marshall, President and CEO of Mission Ready. “We’ve seen an increased number of opportunities, notably in Canada, and through foreign military sales, where decision-makers and key industry stakeholders have expressed a keen interest in accessing our expertise and vast offering of quality, reliable, mission-critical products and services.”

“We are thrilled for this continued opportunity to work with Mission Ready’s team and have them boost their presence among our worldwide network of distributors,” said Sarah Rehfeldt, Director of Sales Operations for Massif. “Mission Ready’s enhanced distribution will allow them to translate their experience in providing our products to government agencies while effectively complementing Massif’s expansion strategy.”

For any inquiries on Mission Ready’s Massif products available in Canada or to place an order, Mission Ready’s sales team will be happy to assist you:

sales@MRSCorp.com
T: +1 877.479.7778 (Ext. 1)

 

About Massif

Massif is a leading manufacturer of innovative, high-performance fabrics and garments for the military and tactical markets. Massif’s passion is to design and create advanced technical apparel that protects the armed forces and those working in the world’s most challenging environments.

About Mission Ready Solutions Inc.

Mission Ready Solutions provides comprehensive government contracting solutions with extensive experience in delivering quality, reliable, 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 Annonce une Entente de Distribution avec Massif pour le Marché Canadien

VANCOUVER, COLOMBIE-BRITANNIQUE, CANADA – 21 novembre 2022 – Mission Ready Solutions Inc. (“Mission Ready” ou la “Société“) (TSX-V: MRS) (OTCQX: MSNVF) (FSE: 2R4), un fournisseur de solutions, spécialisé dans les contrats gouvernementaux, annonce que la Société commencera à distribuer les produits de Massif en tant que distributeur international pour le Canada.

Massif, un leader mondial dans la fabrication de vêtements tactiques haut de gamme, résistants aux flammes, a été un partenaire stratégique de la filiale de Mission Ready, Unifire, Inc., fournissant des produits hautement performants au gouvernement américain et ayant récemment été ajouté au contrat d’achat général obtenu par la Société afin de fournir des vêtements et équipements contre le froid.

« Les produits de Massif sont très prisés via nos marchés à fournisseurs multiples et, avec leur indéniable qualité, il était naturel d’offrir leur gamme de produits à notre réseau canadien », a déclaré Buck Marshall, président et chef de la direction de Mission Ready. « Nous avons constaté une augmentation du nombre d’opportunités, notamment au Canada et à l’étranger, où les décideurs et les principaux intervenants de l’industrie ont exprimé un intérêt marqué afin d’accéder à notre expertise ainsi qu’à notre vaste offre de produits et de services de qualité, fiables et essentiels. »

« Nous sommes ravis de cette opportunité de continuer de travailler avec l’équipe de Mission Ready et de leur permettre de renforcer leur présence au sein de notre réseau mondial de distributeurs », a déclaré Sarah Rehfeldt, directrice des opérations commerciales pour Massif. « La distribution bonifiée de Mission Ready leur permettra ainsi d’utiliser leur expérience dans la fourniture de nos produits aux agences gouvernementales tout en complémentant efficacement la stratégie d’expansion de Massif. »

Pour toute demande de renseignements ou pour passer une commande pour les produits Massif distribué par Mission Ready et disponibles au Canada, l’équipe de vente de Mission Ready se fera un plaisir de vous aider :

sales@MRSCorp.com

T: +1 877.479.7778 (Poste 1)

 

À propos de Massif

Massif est un leader dans la fabrication de tissus et vêtements innovants et performants pour les marchés militaires et tactiques. La passion de Massif est de concevoir et créer des vêtements techniques avancés servant à protéger les forces armées ainsi que ceux qui travaillent dans les environnements les plus difficiles au monde.

À propos de Mission Ready Solutions Inc.

Mission Ready Solutions offre des solutions complètes de contrats gouvernementaux avec une vaste expérience dans la fourniture de produits et de services de qualité, fiables et essentiels pour les forces de l’ordre, pompiers, premiers intervenants, militaires et autres organismes gouvernementaux afin de les supporter dans leurs missions.

Grâce à son accès privilégié à une foule de véhicules contractuels fédéraux, y compris les marchés à fournisseurs multiples (« MAS ») administrés par la General Services Administration des États-Unis, la filiale de Mission Ready, Unifire, Inc., tire parti de son solide réseau de fournisseurs, de relations industrielles éprouvées, d’une infrastructure technologique exclusive, de capacités de fabrication ainsi que d’une distribution de pointe pour s’approvisionner et fournir plus de 1,5 million de produits.

Pour plus de renseignements sur Mission Ready Solutions Inc., veuillez consulter MRSCorp.com.

Vous pouvez également vous abonner à notre liste de diffusion à eepurl.com/hznhX9 afin de recevoir nos communiqués de presse et plus récentes nouvelles directement par courriel.

Mission Ready Solutions Inc.

(Signé “Buck L. Marshall”)

Buck L. Marshall
Président, Chef de la direction et Administrateur
T: +1 877.479.7778

Relations Investisseurs:

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

Ni la Bourse de croissance TSX ni son fournisseur de services de réglementation (tel que ce terme est défini dans les politiques de la Bourse de croissance TSX) n’acceptent de responsabilité quant à la pertinence ou à l’exactitude du présent communiqué

Renseignements sur les énoncés prospectifs

Ce communiqué de presse contient des énoncés prospectifs (avec le sens qu’on leur accorde dans les lois canadiennes sur les valeurs mobilières. De façon générale, les énoncés prospectifs sont souvent identifiées par des termes et expressions tels que « anticiper », « croire », « planifier », « prévoir »,« avoir l’intention de », « estimer », « évaluer », « pouvoir », « probable » et de verbes au future ou au conditionnel, et autres expressions comparables ou mots similaires. Ces énoncés prospectifs s’appuient sur des opinions, hypothèses et estimations considérées comme raisonnables et faites par Mission Ready Solutions Inc. à la date à laquelle cette information était disponible, et impliquent des risques et des incertitudes, et autres facteurs inconnus ou imprévisibles qui pourraient faire en sorte que les résultats réels quant au niveau d’activité, la performance, ou les accomplissements de Mission Ready Solutions Inc. soient sensiblement différents de ceux reflétés dans les énoncés prospectifs.Rien ne garantit que ces énoncés prospectifs seront justes, car les résultats réels peuvent nettement différer de ceux prévus dans de tels énoncés. À cet égard, le lecteur ne doit pas se fier indûment à tout énoncé prospectif.Sauf si les lois sur les valeurs mobilières applicables l’exigent, Mission Ready Solutions Inc. n’a pas l’intention et n’assume aucune obligation de mettre à jour ou de réviser les énoncés prospectifs.

Mission Ready Announces Non-Brokered Private Placement Offering

VANCOUVER, BRITISH COLUMBIA, CANADA – November 14, 2022 – Mission Ready Solutions Inc. (“Mission Ready” or the “Company“) (TSX-V: MRS) (OTCQX: MSNVF) (FSE: 2R4), a provider of comprehensive government contracting solutions, announces that, subject to the approval of the TSX Venture Exchange, it intends to complete a non‑brokered private placement offering of up to 18,750,000 units (“Units“) at a price of $0.08 per Unit, for gross proceeds of up to $1,500,000 (the “Offering“).  Each Unit will consist of one common share (a “Share“) of the Company and one transferable common share purchase warrant (a “Warrant“).

Each Warrant will entitle the holder to purchase one additional Share of the Company at a price of $0.15 per Share for a period of three (3) years from the date of closing. The Warrants and Broker Warrants are subject to an acceleration clause whereby in the event that the volume-weighted average price of the Company’s common shares listed on the TSX Venture Exchange equals or exceeds $0.50 for a period of not less than 5 consecutive trading days, the expiry date of the Warrants will be accelerated to a date that is 30 calendar days after the first date such threshold is met.

The Offering is expected to close on or before December 15, 2022. The Offering is not subject to a minimum amount and the maximum gross proceeds of the Offering is $1,500,000. All securities issued in connection with the Offering will be subject to a statutory hold period expiring four months and one day after closing of the Offering. The net proceeds raised from the Offering will be used for ongoing activities and general corporate purposes. Finder’s fees may be payable in cash and/or securities in connection with the Offering, subject to approval of the TSX Venture Exchange. The Offering may be closed in one or more tranches as subscriptions are received. In the event that aggregate subscriptions for Units under the Offering exceed the maximum number of securities to be distributed, subscriptions received may be adjusted on a pro rata basis. Any participation by insiders in the Offering will constitute a related party transaction under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101“) but is expected to be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101.

The Offering will be conducted pursuant to available prospectus exemptions including sales to accredited investors, family members, close friends and business associates of directors and officers of the Company, to purchasers who have obtained suitability advice from a registered investment dealer pursuant to the exemption set out in BC Instrument 45-536 (the “Investment Dealer Exemption“) and to existing shareholders of the Company pursuant to the exemption set out in British Columbia Securities Commission BC Instrument 45-534  (the “Existing Shareholder Exemption“).

Shareholders of record of the Company as at October 31, 2022 (the “Record Date“) are eligible to participate under the Existing Shareholder Exemption. To rely upon the Existing Shareholder Exemption, the subscriber must a) have been a shareholder of the Company on the Record Date and continue to hold shares of the Company until the date of closing of the Offering, b) be purchasing the Units as a principal, and c) may not purchase more than $15,000 value of securities from the Company in any 12-month period unless the subscriber has received advice from a registered investment dealer regarding the suitability of the investment. Subscribers purchasing Units using the Existing Shareholder Exemption will need to represent in writing that they meet the requirements of the Existing Shareholder Exemption. Existing shareholders who wish to participate in the Offering should contact the Company at the contact information set forth herein.

As required by the Existing Shareholder Exemption and Investment Dealer Exemption, the Company confirms there is no material fact or material change related to the Company that has not been generally disclosed.

Further terms and conditions of the Offering shall be set out in the form of subscription agreement that will be made available to interested shareholders, who are directed to contact the Company as follows:

Contact Person:       Dominic Gray

Toll-Free:                      1 (877) 479.7778 Ext. 5

Email:                              DGray@MRSCorp.com

About Mission Ready Solutions Inc.

Mission Ready Solutions provides comprehensive government contracting solutions with extensive experience in delivering quality, reliable, 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.

The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements.

This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any securities.  Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.

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’s Innovation Division Awarded OTA Agreement from The United States Army-Combat Capabilities Development Command-Soldier Center

Protect The Force Inc. to Develop Hardened Arm Protective Yoke Prototype(s) for the US Army

VANCOUVER, BRITISH COLUMBIA, CANADA – OCTOBER 11, 2022 – Mission Ready Solutions Inc (“Mission Ready” or the “Company“) (TSX-V: MRS) (OTCQX: MSNVF) (FSE: 2R4), a provider of comprehensive government contracting solutions, is pleased to announce that, Protect the Force Inc. (PTF), the Company’s innovation and manufacturing division, has been awarded an Other Transaction for Prototype Agreement to develop a hardened arm protective yoke (HARPY) for next-generation body armor.

The award is in reference to a Request for Project Proposal (RPP) DEVCOM SC BOTAA 22-01 by the US Army Contracting Command, Aberdeen Proving Ground – Natick Contracting Division. As a result of the award, PTF will fabricate HARPY prototypes for the US Army Combat Capabilities Development Command – Soldier Center (DEVCOM-SC).

“The HARPY is one of the only ballistic protective items in the Army development pipeline since the Ballistic Combat Shirt that led to PTF’s Flex9Armor,” said Francisco J. Martinez, Chief Technology Officer at Protect the Force and Unifire, Inc. “Our past performance and demonstrated experience in developing advanced military-grade body armor systems will drive us to produce innovative solutions that will enhance and ensure the safety of our troops. We look forward to supporting DEVCOM-SC’s Engineers in prototyping, perfecting, and scaling up HARPY.”

The HARPY will be an integral part of a future protective ensemble, compatible with the Army Combat Shirt (ACS), among other items. The garment is intended to enhance Soldier protection and mobility while meeting the DoD performance and standard military textile requirements (flame retardancy, antimicrobial, visual signature, care, maintenance, etc.)

 

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 Announces Annual General and Special Meeting and CEO Live Event

CEO to Host Live Q&A and Provide Corporate Update

VANCOUVER, BRITISH COLUMBIA, CANADA – SEPTEMBER 27, 2022 – Mission Ready Solutions Inc (“Mission Ready” or the “Company“) (TSX-V: MRS) (OTCQX: MSNVF), a provider of comprehensive government contracting solutions, announces that it will host its annual general and special meeting of shareholders (the “AGSM” or the “Meeting“) virtually via Zoom on Tuesday, October 4, 2022, at 11:00 A.M. PST (2:00 P.M. EST).

Registered shareholders and validly appointed proxyholders may attend the Meeting at:

https://us06web.zoom.us/j/89461137710?pwd=SjN4eCtJcHEydkNFQU1tUjNxQUd2UT09

Meeting ID: 894 6113 7710

Passcode: 534434

Registered shareholders who attend the virtual Meeting will have an opportunity to participate at the AGM, regardless of their geographic location.

Voting

Due to issues related to the verification of shareholder identity via web broadcast, in-person voting will not be permitted at the Meeting. If you are a registered shareholder and wish to have your vote counted, you will be required to complete, date, sign, and return the accompanying Proxy for use at the Meeting or any adjournment thereof. To be effective, the Proxy must be received by our transfer agent, Endeavor Trust Corporation, no later than 11:00 A.M. PST on Friday, September 30, 2022, or no later than 48 hours (excluding Saturdays, Sundays and holidays) prior to the time to which the Meeting may be adjourned or postponed.

Alternatively, you may vote by email at proxy@endeavortrust.com or online following the instructions provided on the Proxy and in the Circular.

The Company encourages its shareholders to read the accompanying Circular dated August 29, 2022, along with other AGSM materials, for important information with respect to voting, attending, and participating at the Meeting.

The AGSM will be followed at 12:00 P.M PST (3:00 P.M. EST) by a presentation from President and CEO Buck Marshall, including a live Q&A period where management from Mission Ready, Unifire, and Protect the Force will be available to answer questions. Questions can also be submitted prior to the event at MRS-IR@MRSCorp.com.

To register for the event, please visit:

https://us06web.zoom.us/webinar/register/2416642797705/WN__DME1kV9SJiRxe7Xpsv9NA

About Mission Ready Solutions Inc.

Mission Ready Solutions provides comprehensive government contracting solutions with extensive experience in delivering quality, reliable, 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

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.

Mission Ready’s Innovation Division Awarded US$1.4MM R&D Contract from DHS

Protect the Force to Develop Next Generation Law Enforcement Uniform

VANCOUVER, BRITISH COLUMBIA, CANADA – SEPTEMBER 20, 2022 – Mission Ready Solutions Inc (Mission Ready or the Company) (TSX-V: MRS) (OTCQX: MSNVF) (FSE: 2R4), a provider of comprehensive government contracting solutions, is pleased to announce that, Protect the Force Inc. (PTF), the Company’s innovation and manufacturing division, has been awarded a Research and Development (R&D) contract for the development of an Updated Law Enforcement Duty Uniform (ULEDU).

The award follows a Broad Agency Announcement solicitation (70RSAT21R00000005) by the Department of Homeland Security (DHS) Science and Technology Directorate (S&T) First Responder Group (FRG). As a result of the award, DHS S&T has obligated US$1,391,697.32 in funding for the 18-month project, payable on a pre-defined set of milestones.

PTF will work on developing and testing a duty uniform for Law Enforcement Officers (LEO) that provides increased protection against a range of common hazards, including weapon attacks, burn injuries, blood-borne pathogens, and extreme weather. PTF will work alongside North Carolina State University – Textile Protection and Comfort Center (NCSU-TPACC) and Texas A&M Engineering Extension Service – Institute for Law Enforcement & Protective Services Excellence (TEEX – ILEPSE). NCSU-TPACC will provide expert services and perform testing of the materials and the uniform systems, while TEEX-ILEPSE will provide feedback on system integration features and user acceptability.

“Law Enforcement Officers work in environments that are unpredictable by nature,” said Francisco Martinez, Chief Technology Officer at Protect the Force and Unifire, Inc. “Mitigating the exposure to increased threats and reducing the risk of injuries are well-established needs within the First Responder community. By evaluating and selecting the latest commercial-off-the-shelf technologies available, we will be able to identify and demonstrate an increase in the levels of protection that uniforms offer in response to threats LEOs may encounter. PTF is proud to work again with the dedicated professionals at DHS-First Responder Group, and our experienced academic partners at NC State and Texas A&M universities.”

“We are exceptionally proud to have our innovation division pioneer the next generation of law enforcement duty uniforms and help shape a safer future for Law Enforcement Officers across the country while influencing the design of law enforcement uniforms around the world,” said Buck Marshall, President and CEO of Mission Ready. “One of DHS-FRG’s key requirements for this effort was to ensure that the final deliverables have commercial viability in the LEO marketplace. With PTF’s rapidly growing domestic manufacturing network along with Unifire’s distribution and sales capabilities, we believe that we will be able to fulfill this requirement.”

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 NEWSLETTER | AUGUST 2022 | SHAREHOLDER UPDATE & Q2 FINANCIAL RESULTS

Fellow Shareholders,

As you know, we have recently filed our Q2 financials. Below is a summary of the key information for the six months ended June 30, 2022:

  • Gross revenues of $3 million
  • Gross margin of 29% for the period (reflecting the generally higher margins the Company receives on products manufactured in-house)
  • 13% decrease in operating expenses from the same period in 2021 (primarily associated to a reduction in professional fees, wages and benefits and stock-based compensation)
  • $1 million working capital (mainly due to repayments on notes payable)
  • $2.2 million of cash and cash equivalents

As we approach the end of the fiscal year for the US Government (September 30), I would like to provide some insights into the active opportunities in the pipeline, our corporate vision and our strategic positioning as it relates to the global economic conditions and our readiness to react quickly, respond competitively and perform flawlessly. I can say with utmost confidence that our company positioning is stronger than ever. Our capacity to generate profits has been exponentially increased over the last year, with upwards of 60 active responses for solicitations, representing an estimated potential over $1 Billion US dollars. We remain highly confident in our ability to capture and monetize a substantial portion of these existing opportunities while we continue to build our burgeoning pipeline with additional opportunities for the future.

While government contracting delays have been experienced across our industry, our team has utilized the time to respond to solicitations, develop and maintain strategic partnerships, and continue refining our order fulfillment processes. With the recent changes within our structure, our companies are utilizing resources more efficiently than ever before, building layered revenue streams both within and outside of the realm of government contracting.

Consequently, the Company has been directing certain resources towards the development of its innovations and manufacturing divisions, PTF Innovations (“PTFI”) and PTF Manufacturing (“PTFM”), respectively. Now led by Francisco Martinez, Chief Technology Officer of Unifire (as announced in a news release dated July 21, 2022), both PTFI and PTFM are well-situated to capture several development and manufacturing contracts, any one of which would quite conceivably elevate both divisions to levels not yet reached in the Company’s history.

Through our current OEM work, we have optimized our manufacturing processes, expanded our capabilities, positioned ourselves as a robust alternative for domestic cut and sew services within our networks, and expanded our scope considerably by creating an emerging network of cut and sew facilities through the formation of strategic alliances.

The General Services Administration (GSA) has now finalized the consolidation of the numerous GSA Schedules under a single Multiple Award Schedule (MAS) encompassing, among others, all the categories of products and services offered by Unifire. Unifire’s team continues identifying disruptive products, solutions and technologies that match the emerging needs of our customers for inclusion in our GSA product catalog. With the completion of the MAS consolidation project, we are optimistic that our submission to be part of the VA GSA Schedule will now soon be decided, and with our current and expanding network of medical supply vendors and manufacturers, effectively complement the products offered under the estimated $14B annual budget.

Our team also recently attended the 144th General Conference & Exhibition, where we presented to more than 2,000 Army and Air National Guard officers from all 50 states.

Putting ourselves at the forefront and showcasing our capabilities within our industry remains a priority. We recently added another arrow in our quiver by creating a Procurement Pathway Guide, a tool that will be essential for the people we meet to understand the different pathways available to them for procurement through Unifire’s contracting vehicles.

Finally, as experts forecast that global tensions and attacks on Ukraine will continue to escalate, our work with Task Force Antal and Support Hospitals in Ukraine has been instrumental in supporting our allies. This also emphasized the need for other countries to carefully evaluate their emergency response strategy and needs, directly translating into increased opportunities for Foreign Military Sales (FMS). We continue active discussions with allied countries and organizations to provide solutions and identify potential areas of need. These strategic partnerships in Central and Eastern Europe act as force multipliers for Mission Ready through the critically important relationships that will drive purchasing when the US Government allocated funds finally make their way to contracting opportunities.

 

Buck Marshall
(Signed “Buck L. Marshall”)
President & CEO


For further information on Mission Ready Solutions Inc., visit MRSCorp.com or contact:

 

Investor Relations
T: 1.877.479.7778 – Ext 5
E: MRS-IR@MRSCorp.com

Forward-Looking Information

This newsletter 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.

Unifire Salutes the bipartisan CHIPS and Science Act of 2022

Exclusive Cybersecurity Solution QRCrypto Announces Publication of Application in the US

SPOKANE, WASHINGTONAUGUST 17, 2022 – Unifire Inc. (“Unifire” or the “Company“), a wholly-owned subsidiary of Mission Ready Solutions Inc (“Mission Ready“) (TSX Venture: MRS) (OTCQX: MSNVF), applauds the signature of the bipartisan CHIPS and Science Act of 2022 into law.

 

The CHIPS and Science Act of 2022 will foster growth for American manufacturing, supply chains, and national security while investing in research and development, science, and technology. Importantly, the Act will also focus on quantum computing.

 

“Over the last few years, we have seen an increase in our government’s awareness of quantum information science (QIS) and their efforts to maintain our competitive advantage in the field,” said Dan Raczykowski, President of Unifire. “Today’s law encourages transformative and fundamental research while continuing to emphasize the need to mitigate potential risks to our Nation through currently identified vulnerabilities by adopting quantum-resistant cryptography.”

 

Unifire is also pleased to announce that QRCrypto, the Company’s exclusive cybersecurity partner in the Federal marketplace, recently had its US Patent application for its Quantum-Resistant SIM Card published by the United States Patent and Trademark Office. QRCrypto’s quantum-resistant SIM card is configured to enable access to mobile or integrated telecommunications networks for a cellular communication device while enabling quantum-resistant message (USSD, SMS) exchange and beyond, depending on the mobile device generation.

 

With the advancement of quantum computing, holding the potential to drive innovation across a multitude of sectors, quantum computers also pose significant risks with their capacity to break current cryptography code and, by extension, almost all current communication systems.

 

 

For any inquiries on QRCrypto Quantum-Safe Cyber Defense Solutions, email us at govsales@unifireusa.com or call at 1 (800) 745.3282 option 2. Unifire sales team will be happy to assist you.

 

 

About QRCrypto

 

QRCrypto cybersecurity solutions are simple but effective! With its Plug & Play solutions including software or SIM, QRCrypto protects end users’ communications, from 2G to 6G, and includes the proprietary Quantum Protection without the need for any expensive hardware or complex installation.

 

QRCrypto offers a solution currently recognized as the only quantum-safe algorithm in 5G systems by the United Nations specialized agency for information and communication technologies, International Communications Union (“ITU”). With QRCrypto’s groundbreaking solutions, today’s technology would be ready to resist tomorrow’s attacks.

 

 

About Unifire Inc.

 

Unifire, Inc. specializes in providing top-performing products, training, and solutions to military, fire rescue, and law enforcement worldwide and ensuring mission success. With extensive knowledge and experience in providing turnkey solutions to the United States Federal Government, Unifire leverages its robust vendor network, time-proven industry relationships and proprietary technology infrastructure and industry-leading manufacturing and distribution capabilities to efficiently source and deliver mission-critical, life-saving products in cooperation with government program managers, military and federal contracting offices, base supply centers, and other federal, state and local supply agencies.

 

For further information on Unifire Inc., visit UnifireUSA.com. You can also subscribe to our mailing list at eepurl.com/hzut7z to receive our press releases and latest news directly by email.

 

Media Contact

Inquiries@UnifireUSA.com

+1 877.479.7778 (Ext. 5).

 

Unifire Inc.

 

(Signed “ Dan Raczykowski “)

 

Dan Raczykowski
President

T: +1 (800) 745.3282

 

Forward-Looking Disclaimer

 

This press release contains certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as “will likely result”, “are expected to”, “expects”, “will continue”, “is anticipated”, “anticipates”, “believes”, “estimated”, “intends”, “plans”, “forecast”, “projection”, “strategy”, “objective” and “outlook”) are not historical facts and may be forward‐looking statements and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ materially from those expressed in such forward‐looking statements. No assurance can be given that these expectations will prove to be correct and such forward‐looking statements included in this news release should not be unduly relied upon. These statements speak only as of the date of this news release.

 

Forward‐looking statements are based on a number of assumptions and are subject to a number of risks and uncertainties, many of which are beyond Unifire’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking statements. Unifire undertakes no obligation to update or revise any forward‐looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for Unifire to predict or assess the impact of each such factor or the extent to which any factor, or combination thereof, may cause results to differ materially from those contained in any forward‐looking statement. Any forward‐looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.

Mission Ready Provides Corporate Update

Protect the Force Manufacturing Division to Ramp Up Operations

VANCOUVER, BRITISH COLUMBIA, CANADA – JULY 21, 2022 – Mission Ready Solutions Inc (“Mission Ready” or the “Company“) (TSX-V: MRS) (OTCQX: MSNVF) (FSE: 2R4), a provider of comprehensive government contracting solutions, today provides a corporate update on its operations.

In addition to the Company’s current pipeline of open market orders, foreign military sales (“FMS”), and orders on previously awarded contracting vehicles (including GSA Schedules and Blanket Purchase Agreements (“BPAs”)), Mission Ready – through its wholly-owned subsidiary, Unifire, Inc. (“Unifire”) – continues to build a respectable portfolio of active sales opportunities with, at present, over 60 open solicitations at various stages of the government contracting process.

The Company also reports that efforts are underway to ramp up operational capacities at its Jacksboro, Tennessee-based manufacturing facility, PTF Manufacturing Inc. (“PTFM“), in preparation for a number of manufacturing opportunities that the Company is hopeful it will receive, beginning in the current quarter.

Following recent leadership enhancements, Francisco Martinez, Chief Technology Officer, has taken over leadership at Protect the Force and PTFM, successfully identifying growth areas and defining our manufacturing capabilities. As a result, PTFM pipeline of opportunities has been significantly increased, and the Company’s management team is in active discussions to expand its manufacturing resources. These improvements will be primarily funded through state and local funding initiatives, including tax credits, labor incentives, and other investments.

“Over the last few months, PTFM has been working with Tellico Services Inc. (“Tellico”) as an original equipment manufacturer (“OEM“) for sewn products,” said Francisco Martinez, Chief Technology Officer. “With our OEM capabilities, we have been able to explore additional opportunities to maximize our resources at PTFM, and the response has been overwhelming. Our focus is now on increasing PTFM’s workforce and equipment, and I am very enthusiastic and eager to work with the team in Jacksboro.”

“We continue to operate according to our long-term vision of building diversified revenue streams by bolstering our manufacturing and production capacity. This allows us to retain or increase our margins and balance the reliance on Government Contracts to sustain operations. Utilizing the leadership of Francisco and the rest of the Unifire team to look for manufacturing opportunities, I believe PTFM will be a cornerstone in our growth plan as we continue moving Mission Ready in the right direction,” said Buck Marshall, President and CEO of Mission Ready.

About PTF Manufacturing

PTFM serves as the Company’s manufacturing headquarters to develop and grow its product lines for introduction to the marketplace. With its heavy industrial cut & sew capabilities, PTFM offers a full range of products dedicated to the tactical and defense industry while allowing the Company to position itself as an OEM. PTFM’s portfolio includes tactical outerwear, canine armor, bomb suits/blankets, riot control protection, carriers, textiles with integrated electronics and ballistic panels. Prospective Clients/Markets include the Department of Defense, State Department, General Services Administration, Department of Homeland Security, law enforcement agencies, fire & rescue, tactical distributors/dealers, private security, and GSA support companies.

About Mission Ready Solutions Inc.

Mission Ready Solutions provides comprehensive government contracting solutions with extensive experience in delivering quality, reliable, 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.