Mission Ready Welcomes New Leadership to Unifire

Business Development Veteran Returns to Unifire

VANCOUVER, BRITISH COLUMBIA, CANADA – JULY 5, 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 leadership enhancements at the Company’s wholly-owned subsidiary, Unifire, Inc. (“Unifire”).

The Company is pleased to announce that Dan Raczykowski, founder of Unifire and previously Chief Operating Officer (“COO”), will now oversee all aspects of Unifire’s government contracting solutions as President of Unifire.

“I am excited to step back in as President of Unifire where I will once again empower our people to help us grow our company,” said Mr. Raczykowski. “I have asked Craig Tobin, previously VP of Unifire Operations, to come back and help bolster our pipeline of contracts. I am confident that we will see strong results quickly from changes that we have already implemented, and I am fully vested in making Unifire a household name.”

Mission Ready is pleased to announce the return of Mr. Craig Tobin who has rejoined Unifire as its COO. Mr. Tobin previously held the position of Vice President of Unifire, during which time he was instrumental in setting the organization’s direction, including its successful ingress into the distribution and government contracting industry. Mr. Tobin has held multiple senior management positions throughout his career in business development, sales management, marketing management, international team leadership and mass production. Mr. Tobin graduated from Eastern Washington University with a Master of Business Administration.

“I have been able to witness the changes implemented from the sidelines, and I’m thrilled to come back to Unifire and work with this new and improved management team,” said Craig Tobin, Chief Operating Officer – Unifire. “With Unifire on the cusp of major catalysts, I’m confident I will be able to support the Company’s continuing success.”

Finally, in preparation for anticipated growth and upcoming expansion (I.e., sales, personnel and facilities) Mrs. Christie Boss, previously Senior Controller of Unifire, has been promoted to Chief Financial Officer of Unifire. Since joining the Company in October 2020, Mrs. Boss’s exceptional accounting and leadership expertise has led to vast organizational and process-related improvements resulting in greater efficiencies and reduced costs. Mrs. Boss will continue to work in tandem with Mission Ready’s Chief Financial Officer, Dong Shim, overseeing the accounting operations of the Company’s U.S. subsidiaries, including Unifire, Protect The Force Inc. and PTF Manufacturing Inc.

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.

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 Reports Q1 2022 Financial Results

CEO to Host Live Event with Q&A on Thursday, June 2, 2022

VANCOUVER, BRITISH COLUMBIA, CANADA – MAY 31, 2022 – Mission Ready Solutions Inc (“Mission Ready” or the “Company“) (TSX-V: MRS) (OTCQX: MSNVF) (FSE: 2R4), a provider of comprehensive government contracting solutions, recently released its first quarter 2022 (“Q1 2022”) financial results for the three months ended March 31, 2022.

The following are highlights for Q1 2022 (all dollar figures are quoted in Canadian currency unless otherwise specified):

  • Gross revenues of $1.07 million
  • Gross margin of 49% for the period
  • 68% decrease in liabilities from the same period in 2021
  • Net income of $0.28 million
  • Adjusted EBITDA was $0.95 million
  • $2.59 million working capital (a decrease mainly due to cash payments related to the debt settlement agreement with Product Sources Group, LLC and JD. United Manufacturing Co. Ltd)

A copy of the unaudited condensed consolidated interim financial statements for Q1 2022 and the associated Management’s Discussion and Analysis (“MD&A”) are available on SEDAR.com under the Company’s profile.

Buck Marshall, President and CEO of Mission Ready, will host a live Q&A period on Thursday, June 2, 2022, at 11:00 AM ET (8:00 AM PT), where management from Mission Ready 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/6916539595893/WN_N2YYQN1eR4mSRNJnuqQoDQ

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 Supports Humanitarian Efforts for Ukraine

Sources IFAKs for Support Hospitals in Ukraine

VANCOUVER, BRITISH COLUMBIA, CANADA – May 25, 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, in collaboration with its networks of vendors, the Company is actively fulfilling orders to ship needed tactical medical supplies to Support Hospitals in Ukraine, a non-profit organization currently focusing on delivering tactical medicine, field surgery kits and trauma supplies as a result of Russia’s war on Ukraine.

The Company has successfully sourced within its network a sustainable flow of Individual First Aid Kits (IFAKs) from The Resource Center that will be delivered to the Ukrainian Ground Forces in eastern Ukraine. From there, the IFAKs will be delivered to combat medics on the frontline to respond to the growing need.

“With healthcare workers and facilities directly targeted as part of current Russian warfare tactics, Support Hospitals in Ukraine work is essential to ensure that Ukrainians on the front lines are able to receive medical care and attention,” said Buck Marshall, President and CEO of Mission Ready. “The team of Support Hospitals in Ukraine had to change their focus to respond to the emergency, and we immediately responded to their call for support. With the help of our established network of vendors, we were able to source and provide their organization with much-needed items currently in high demand over the world.”

“The war in Ukraine has created a tremendous amount of pressure on a structure that was already fragile,” said Pasha Fedorenko, Co-Founder of Support Hospitals in Ukraine. “With their demonstrated crisis response capabilities along with their ability to secure virtually anything needed, Mission Ready has allowed us to provide people on the frontline with a continued flow of essential items.”

About Support Hospitals in Ukraine

Support Hospitals in Ukraine has been delivering humanitarian medical aid to Ukraine since 2014. In order to address the critical needs resulting from Russia’s war on Ukraine, Support Hospitals in Ukraine has shifted its focus to providing tactical medicine and field surgery supplies. When the war is over, Support Hospitals in Ukraine will continue providing medical equipment and supplies to the hospitals in Ukraine to rebuild the country. For more information, visit www.uahospitals.org.

To directly support their efforts to deliver modern medical equipment & supplies, visit www.uahospitals.org/donate (all donations are tax-deductible in the USA).

About The Resource Center

The Resource Center operates manufacturing facilities in Jamestown and Dunkirk, NY, that provide employment and work training opportunities for people with disabilities.

The Resource Center performs subcontracting work for the United States government and has produced items for the U.S. military for more than 40 years. Involved in several high-profile initiatives over the years, the workers at The Resource Center started producing Individual First Aid Kits in 2003 that were given to every U.S. Marine who crossed into Iraq at the start of the Gulf War. The Resource Center has also supported international relief efforts, notably providing water-purification tablets to tsunami survivors and donating mosquito netting to Africa.

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 NEWSLETTER | MAY 2022 | SHAREHOLDER UPDATE & MESSAGE FROM THE CHAIRMAN

Fellow Shareholders,

As we’ve alluded to in our most recent press release, our priority has been to showcase Mission Ready’s capabilities. We have successfully met with United Nations and Ukrainian representatives and continue working with them to establish positive relationships.

The current global political climate has increased the possibilities for foreign military sales and, more crucially, highlighted the need for reliable sources to meet the demand of international crisis and humanitarian response efforts. Consequently, we have developed materials that demonstrate our strengths in these two areas, and we are in constant contact with foreign governments, intergovernmental organizations, and humanitarian groups.

As part of these newly established connections, Mission Ready is working alongside Task Force Antal (“TFA”). TFA is a non-profit organization specializing in crisis management and evacuation support for U.S. Citizens, lawful permanent residents, allies, and their families.

TFA’s inception lies in the end of U.S. operations in Afghanistan. Since then, TFA has successfully managed the safe evacuation of over 1,400 American Citizens, legal permanent residents, and individuals with Special Immigrant Visas, including several high-value assets with heightened security profiles, from Afghanistan. Through its extensive network of trusted assets on the ground, TFA ensures that the basic needs of those in hiding are met and work to coordinate eventual evacuation.

TFA’s team has been working around the clock to ensure that U.S. Citizens, Ukrainian American families, vulnerable Ukrainians, and third-country citizens are safe until they can find passage out of Ukraine to escape the Russian invasion. With countless women and children among them, these people are under constant threat of violence and death.

As some of you have also witnessed through our social media, we have also started working with Support Hospitals in Ukraine, a non-profit organization committed to supporting hospitals in Ukraine with much-needed modern medical equipment and supplies.

To address the critical needs caused by Russia’s war on Ukraine, Support Hospitals in Ukraine are shifting the focus to meeting the most urgent need, by providing tactical medicine and field surgery supplies.

While both these relationships are at their debut, our organizations are aligned and we are mutually committed to working together to support Ukraine.

InvestorIntel.com recently published a story by Matt Bohlsen on April 6th that is Trending in their Top 10 section at #2, which may be accessed at the following link Trending – InvestorIntel. And the story, titled Mission Ready Solutions enters 2022 with a new USD$200 million contract from the U.S. Department of Defense may be accessed here https://bit.ly/3K9MUuW

In parallel to our efforts to put Mission Ready at the forefront, we are focused on the growth and scaling of our operations. We firmly believe that these strategic approaches will support our short- and long-term objectives. While scaling entails increasing our short-term revenues, we want to ensure we do so without significantly exhausting our resources. The submission to the V.A. schedule as a prospective addition to our current GSA schedules is a perfect example of the Company’s revenue streams expansion plan. Through our networks and favorable positioning, we have also highlighted areas of need for governments and agencies. We have been working on identifying products, solutions, and technologies that will help us meet future demands. As a result, we have established or strengthened ties through distribution and dealer of record agreements to enhance our offering. We have worked on bringing those partnerships to light for the last year as a glimpse of our progress behind the scenes.

We have bolstered our team, adding industry experts who bring established networks and specialized knowledge to our Company. We have also invested in enhancing our manufacturing capabilities over the last year and are in active discussions for OEM opportunities. We’ve also identified additional revenue streams that would require additional human and manufacturing resources. As a result, we have assessed and forecasted these potential needs and have formed strategic alliances that will support us in meeting and exceeding these new requirements.

Finally, a word from our Chairman, Major General (Retired) James “Spider” Marks:

“As a follow-up to my recent share disposition, I would like to provide some context to clarify that my decision to monetize these shares at this time is in no way a reflection of my sentiments on the direction or future of Mission Ready, and was transacted for the sole purpose of satisfying certain time-sensitive personal obligations. To be clear, I am more bullish on Mission Ready as a Company than ever before which is why I am pleased to have been able to fund the bulk of my requirements through alternate sources of capital. Believing strongly that Mission Ready is on a path towards unprecedented growth and success, both near and long-term, I have every intention to rebuild and bolster my equity position in the Company.”

 

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.

Mission Ready Highlights 2021 Financial Results

VANCOUVER, BRITISH COLUMBIA, CANADA – MAY 3, 2022 – Mission Ready Solutions Inc (“Mission Ready” or the “Company“) (TSX-V: MRS) (OTCQX: MSNVF) (FSE: 2R4), a provider of comprehensive government contracting solutions, recently released its 2021 audited consolidated financial statements for the year ended December 31, 2021 (“FY 2021“).

The following are highlights for FY 2021 (all dollar figures are quoted in Canadian currency unless otherwise specified):

  • Gross revenues of $91.99 million
  • Gross margin of 8.80% for the year
  • 26% decrease in liabilities from previous year
  • Cash and cash equivalents of $7.89 million (an increase of $6.26 million from the same period in 2020)
  • Net loss of $0.74 million (a decrease of $0.60 million from a net loss of $1.34 million in the same period in 2020)
  • Operating expenses relative to total revenue decreased to 10.32% (as compared to 10.56% for the same period in 2020)
  • Adjusted EBITDA was $4.50 million (an increase of $1.71 million from the same period in 2020)
  • $20.99 million working capital improvement from previous year

A copy of the audited consolidated financial statements for the year ended December 31, 2021, and the associated Management’s Discussion and Analysis (“MD&A“) are available on SEDAR.com under the Company’s profile and on Mission Ready’s website.

“Our ongoing efforts to source products to respond to the current global crises along with our demonstrated ability to identify and deliver high-quality products and solutions have opened up opportunities for our Company to showcase itself on a larger level,” said Buck Marshall, President and CEO of Mission Ready. “Our recent visit to New York allowed us to showcase the breadth of our offering, our capacity to identify leading technologies and how they could become game-changers for the world’s largest police force.”

Marshall continued, “During the coming weeks, our priority will be to keep that momentum and continue to put Mission Ready at the forefront. We will be meeting with United Nations and Ukrainian representatives to showcase our capabilities while working on securing relationships that could give us a competitive advantage. We are confident that this strategic catalyst-driven approach will help us bring those imminent events to fruition while continuing to create opportunities. As a result, the Company’s management team will be hosting the earnings call typically associated with filing its yearly financials immediately after filing its Q1 2022 financial statements.”

“Upon joining Mission Ready, one of my priorities was to implement communication channels independent of the Company’s disclosure obligations. As a result, we have participated in investor conferences and hosted live events throughout the months to address shareholders’ questions and allow them to witness the management team’s progress. Through upcoming earnings and investor calls, I intend to pursue the efforts to foster a positive relationship and open channels with shareholders and investors,” concluded Marshall.

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.

Unifire, Inc. and NuGen M.D. enter into Master Distribution and Marketing Agreement for Leading-Edge Needle-Free Injection Device

Unifire to Focus on Distribution to Government Agencies and Humanitarian Efforts

VANCOUVER, BRITISH COLUMBIA, CANADA – MARCH 22, 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 entered into a Master Distribution and Marketing Agreement (the “Agreement“) with NuGen M.D. (TSX-V: NGMD) (“NuGen“), an emerging specialty medical device company focused on developing and commercializing novel drug delivery technologies.

As part of the Agreement, Unifire has been granted exclusive rights to sell NuGen’s needle-free injection device InsuJet™ into various US Government agencies and non-exclusive rights to sell into  Government agencies in Israel and Australia. Unifire will act as NuGen’s Master Distributor in the United States with an immediate focus on opportunities within the Department of Defense (DoD), Biomedical Advanced Research and Development Authority (BARDA), Defense Advanced Research Projects Agency (DARPA), Veterans Affairs (VA), Department of Homeland Security (DHS) and Health and Human Services (HHS).

NuGen InsuJet™ needleless injection system is a revolutionary needle-free way to inject medication or vaccines and:

  • Provides faster absorption of medicine than hypodermic needles
  • Reduces fear and anxiety associated with hypodermic needles
  • Eliminates needlestick injuries
  • Reduces the risk of cross-contamination and infections
  • Reduces cost burdens on the health care system
  • Reduces cost for patients
  • Reduces biohazard waste

“We are thrilled to have Unifire join our worldwide network of distributors with their deep understanding of the government contracting space, proven relationships, and track record of execution,” stated Michael Wright, CEO of NuGen. “Unifire will support NuGen in carrying out its expansion strategy in the US market by focusing on gaining acceptance for InsuJet™ as a safe, reliable and cost-effective replacement solution for current medication injection standard within Unifire’s well-established clientele of government agencies.”

Unifire will collaborate with NuGen to seek regulatory approval, garner political support, introduce non-dilutive government funding, while advising on the necessary manufacturing and supply chain requirements to be eligible to submit to government RFPs.

“A device with the demonstrated ability to safely, rapidly and effectively deliver critical medication has the potential to create a paradigm shift in the current standard of care in place within government agencies,” said Douglas Bryce, Advisory Committee member for Mission Ready and subject matter expert on development, acquisition, distribution, and deployment of Chemical, Biological, Radiological, and Nuclear (CBRN) defense devices and medical diagnostic systems, drugs and vaccines. “I strongly believe there are significant opportunities to deploy new and disruptive solutions within the Department of Defense, government-operated medical facilities, and their adoption into Tactical Combat Casualty Care.”

Jointly, the Companies will focus on opportunities within:

  • Immediate Humanitarian Efforts to Provide Safe Access to Insulin treatments
  • Global Vaccination Efforts
  • Biomedical Advanced Research and Development Authority (BARDA)
  • Defense Advanced Research Projects Agency (DARPA)
  • Veterans Affairs (VA) for acceptance to support healthcare requirements
  • DoD or government agencies with medical facilities
  • Inclusion in Tactical Combat Casualty Care (TCCC)

Dan Raczykowski, Chief Operating Officer of Unifire, added, “Unifire prides itself in delivering best-in-class technologies that can provide solutions to critical needs. NuGen’s needle-free device, with its regulatory approval in more than 40 countries, could open new opportunities within our network, particularly in these times of need for humanitarian relief where access to life-saving medication represents a logistical challenge for certain populations. We are excited to join NuGen’s global distributor list while supporting their team on their path towards US regulatory approval.”

About the InsuJet™

The InsuJet™ is a revolutionary needle-free drug delivery device used to self-administer medication in a safe, fear-free, and virtually pain-free manner and is now approved for use in over 40 countries globally.

About NuGen Medical Devices

NuGen Medical Devices’ principal business is the development and commercialization of innovative needle-free injection devices and systems for subcutaneous medication administration.

It is developing products using needle-free drug delivery technology in several important fields including, but not limited to, anaphylaxis, diabetes, severe migraine, erectile dysfunction, chronic anemia, neutropenia, autoimmune rheumatoid arthritis, growth and fertility hormone, psoriasis as well as DNA and conventional/pediatric vaccines.

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 Newsletter | March 2022 | Shareholder Update

Fellow Shareholders,


Following a drought period in government spending and times of military withdrawals, political tensions are now at new heights, and the impacts on the world will be felt both economically and politically.

Our mission is to provide governments with the products and solutions they need, when they need them. We successfully positioned Unifire as an emergency response provider, responding to the call of various agencies, swiftly providing them with supplies and solutions adapted to the situations.

As a result, Unifire led the relief efforts for the Afghan refugees’ crisis and, importantly, continues to support the US Government as a solution provider for the increasing number of Ukrainian refugees. With our various strategic contracting vehicles, including the COTS Shelter contract, Mission Ready and Unifire are in a favorable position to provide products and solutions imperative to humanitarian efforts.

And as a Company, we rise to the call of the US Government, but also of foreign governments, including our UN and NATO allies, leveraging our worldwide network of vendors to provide needed items, solutions, and logistical support. We have identified critical areas of need and have actively organized resources to offer a variety of products, from shelters to sleeping bags, cots, potable water solutions, food sources, and more.

In addition to our humanitarian efforts, we are mobilizing our capabilities to answer the call for ballistic solutions needed by our allies, from the basic plates and plate carriers to complete head-to-toe solutions.

Our team is hard at work putting together these resources and showcasing our global capabilities, and I would like to take this opportunity to thank them for their sustained, dedicated efforts. I would also like to thank our ever-expanding network for their continued support.

Finally, our subject matter experts, both internally and externally through the Board of Directors and Advisory Committee, continue to bring forward opportunities to actively explore and pursue discussions with innovators, manufacturers, suppliers, and government stakeholders as part of our continued commitment to offer innovative and potentially disruptive products and solutions.

Sincerely,


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.

Mission Ready Announces Closing of Shares for Debt Transaction

VANCOUVER, BRITISH COLUMBIA, CANADA – FEBRUARY 8, 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 the Company has completed the shares for debt transaction first announced in a news release dated January 20, 2022 (the “SFD Arrangement“) to settle an aggregate of C$1,258,549.60 in trades payable.

Following receipt of final acceptance from the TSX Venture Exchange (the “TSXV“) in connection with the SFD Arrangement, the Company issued 3,595,856 common shares of the Company (each common share, a “Share“) at a deemed price of $0.35 per Share (the “Settlement Shares“). The Settlement Shares are subject to a statutory hold period expiring four months and one day from the date of issuance.

Pursuant to the SFD Arrangement, Product Source Group, LLC. (“PSG LLC“) and J.D. United Manufacturing Co. Ltd. (“JDUMC LTD“) (PSG LLC and JDUMC LTD together, “PSG“) agreed to receive the Settlement Shares in satisfaction of C$1,258,549.60 (US$1,000,000) of the outstanding balance payable by the Company to the Creditor.

“We are sincerely grateful for our partnership with PSG and the trust-based interpersonal relationships that have been cultivated over the past several months. Both the Company and PSG have been aligned with a mutual belief that a resolution would be reached and any historical differences would quickly fade into the background relative to the vastness of the opportunities we hope to capture together,” said Buck Marshall, President and CEO of Mission Ready. Marshall continued, “This arrangement further strengthens our financial position by reducing our outstanding debt and, as a result, our monthly payment obligations. Additionally, the arrangement improves the Company’s balance sheet ratios by correctly positioning a significant portion of our outstanding liabilities from short-term to long-term. Importantly, this arrangement serves to further align the interests of the partnership, the Company, and our shareholders as a result of PSG’s newly-acquired equity position in Mission Ready.”

  MRS-PSG Partnership | History & Timeline
Q2 2020 PSG Engagement – Company partners with PSG to help facilitate supply and delivery of personal protective equipment (“PPE“) in connection with an anticipated contract award (the “FEMA Contract“) from the US Department of Homeland Security (“DHS“) Federal Emergency Management Agency (“FEMA“). FEMA Award – Company awarded FEMA Contract. CLICK HERE to view the related release. Receipt of Purchase Orders – Company receives two individual purchase orders from DHS (“PO 1” and “PO 2“, respectively), calling for delivery of 1,000,000 pieces of PPE each (aggregate quantity of 2,000,000), valued at approximately US$14 million, and authorizes PSG to commence fulfillment.
Q3 2020 Fulfillment of PO 1 – PSG completes fulfillment of PO 1 and Mission Ready remits payment to PSG as agreed.
Q4 2020 Fulfillment of PO 2 – Unforeseen issues arise during the fulfillment of PO 2, which result in a subsequent dispute between the Company and PSG in connection with each party’s obligations pursuant to the terms of the engagement (the “Dispute“). Filing of Claim – PSG files a claim against Unifire in New York Supreme Court, Monroe County alleging failure to pay.
Q1-Q3 2021 Settlement Discussions – The Company disputes PSG’s claim and the parties engage in settlement negotiations, working cooperatively to find an amicable and mutually beneficial resolution.
Q4 2021 Debt Settlement Arrangement – Company and PSG enter into a debt settlement arrangement whereby the principal balance payable1 by the Company to PSG is reduced from approximately US$7.5 million to approximately US$6 million (the “Discounted Settlement Amount“), subject to certain conditions. CLICK HERE to view the related news release. US$6 million Loan from Northwest Bank – Company secures a loan from Northwest Bank of Coeur d’Alene, Idaho to facilitate its payment of US$6 million1 to PSG on or before March 30, 2022 pursuant to the terms of the discount provision of the Settlement Agreement. CLICK HERE to view the related news release. US$1 million Initial Payment – Company remits an initial payment of US$1 million to PSG in accordance with the terms of the discount provision of the Settlement Agreement, thereby reducing the balance of the Discounted Settlement Amount to US$5 million.
Q1 2022 Shares for Debt Arrangement – Further to the Settlement Agreement, PSG agrees to accept 3,595,856 common shares of the Company (the “Shares“), at a deemed price of C$0.35 per Share, in satisfaction of US$1 million of the outstanding balance payable by the Company to PSG, thereby further reducing the balance of the Discounted Settlement Amount to US$4 million1. CLICK HERE to view the related news release. Additional Cash Payment of US$4 million – Company remits payment, in cash, of the remaining US$4 million1 outstanding, thereby capturing the maximum negotiated discount pursuant to the Settlement Agreement, and fully extinguishing the outstanding balance outstanding to PSG.
  (1) Plus accrued but unpaid interest.

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 or contact investor relations by email at MRS-IR@MRSCorp.com or by telephone at +1 877.479.7778 (Ext. 5). 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.

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 Solutions to Present at OTC Markets Small Cap Growth Virtual Investor Conference

Live Webcast at VirtualInvestorConferences.com

 

VANCOUVER, BRITISH COLUMBIA, CANADA – JANUARY 26, 2022 – Mission Ready Solutions Inc. (“Mission Ready” or the “Company”) (OTCQX: MSNVF) (TSX-V: MRS)(FSE: 2R4), a provider of comprehensive government contracting solutions, today announced that Buck Marshall, President and CEO of Mission Ready will present live at OTC Markets Small Cap Growth Virtual Investor Conference on February 2, 2022. Mr. Marshall will provide a corporate presentation including recent Company highlights and upcoming catalysts.

 

The Company invites individual and institutional investors, as well as advisors and analysts, to attend the real-time, interactive presentation on VirtualInvestorConferences.com.

 

 

DATE: February 2, 2022

TIME: 12:30 PM ET (9:30 AM PT)

LINK: https://bit.ly/3Fpq8Mn

 

Recent Company Highlights

 

  • COTS – Shelter Systems Contract Valued at up to $200 Million
    • 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
  • Blanket Purchase Agreement (BPA) Award for Support of Afghan Refugees
    • Provide the DLA with commercial commodities used for housing, including blankets, pillows, sheets, and sets of those items
  • Extension of Cold Weather BPA
    • 3-year extension to a previously-awarded BPA for the procurement and supply of cold weather equipment

This interactive online event will be live, and we welcome investors to ask the Company questions in real-time. For those unable to join the live event, an archived webcast will subsequently be made available after the event at https://bit.ly/3Fpq8Mn.

 

We recommend that investors pre-register and run the online system check to expedite participation and receive event updates.

 

Learn more about the event at https://www.virtualinvestorconferences.com/.

 

 

About Mission Ready Solutions

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 or contact investor relations by email at MRS-IR@MRSCorp.com or by telephone at +1 877.479.7778 (Ext. 5). You can also subscribe to our mailing list at eepurl.com/hznhX9 to receive our press releases and latest news directly by email.

 

 

About Virtual Investor Conferences®

 Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly-traded companies to meet and present directly with investors.

 

A real-time solution for investor engagement, Virtual Investor Conferences is part of OTC Market Group’s suite of investor relations services specifically designed for more efficient Investor Access.  Replicating the look and feel of on-site investor conferences, Virtual Investor Conferences combine leading-edge conferencing and investor communications capabilities with a comprehensive global investor audience network.

 

 

CONTACTS:

Mission Ready Solutions Inc.

Dominic Gray

Director of Corporate Communications

+ 1 (877) 479.7778 Ext. 5

MRS-IR@MRSCorp.com

 

Virtual Investor Conferences

John M. Viglotti

SVP Corporate Services, Investor Access

OTC Markets Group

(212) 220-2221

johnv@otcmarkets.com

 

Mission Ready Announces Debt Settlement

VANCOUVER, BRITISH COLUMBIA, CANADA – JANUARY 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, subject to the approval of the TSX Venture Exchange, Product Source Group, LLC of Rochester, New York (the “Creditor“) has agreed to accept 3,595,856 common shares of the Company (the “Shares“) at a deemed price of $0.35 per Share in satisfaction of CAD $1,258,549.60 (USD $1,000,000) of the outstanding balance payable by the Company to the Creditor (the “Shares for Debt Arrangement“). The Shares issued pursuant to the Shares for Debt Arrangement will be subject to a statutory hold period expiring four months and one day from the date of issuance.

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 or contact investor relations by email at MRS-IR@MRSCorp.com or telephone at +1 877.479.7778 (Ext. 5). 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.

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.