Unifire Applauds the Committee Passage of “Make PPE in America Act”

The Legislation Would Mandate Long Term Federal Contracts for Personal Protective Equipment to Incentive Domestic Manufacturing

May 21, 2021 – (Spokane, WA) – Unifire, Inc. (Unifire) applauds the United States Senate Homeland Security & Governmental Affairs Committee (HSGAC) for passing the bipartisan Make PPE in America Act, introduced by HSGAC Chairman and Ranking Member Gary Peters (D-MI) and Rob Portman (R-OH). This critical legislation will foster a domestic supply chain and create a robust industrial base to respond to national PPE needs by requiring associated      contracts issued by the Departments of Defense, Education, Health and Human Services, Homeland Security, and Veterans Affairs to include a minimum duration of three years.

“We are grateful for the leadership of Senators Peters and Portman and thank the Committee for their expedient attention to the compelling issue of domestic production of essential PPE,” said Skip Church, President of Unifire. “Creating and maintaining a domestic industrial base is not a simple or easy task, and if the government creates incentives for the industrial base manufacturing these critical items, it will not only provide good, American jobs, but will also ensure a proactive and stable response to unknown PPE needs.”

“The ongoing COVID-19 pandemic has made it evident that the American people should not have to rely so heavily on foreign countries for personal protective equipment, and that’s why we must bring PPE production back to our shores,” said Senator Portman, Ranking Member of the Senate Homeland Security and Governmental Affairs Committee. “With last week’s passage of the Make PPE in America Act in the Senate Homeland Security and Governmental Affairs Committee, we are one step closer to making this important legislation law. Long-term contracts give U.S. producers, like Unifire, the certainty to know that their investment in the United States will be worth it because the government will be there to buy the PPE they produce. By re-shoring production of PPE, we can continue to support a safe and effective reopening of our schools, workplaces, and the economy.”

The bill defines PPE as surgical masks, respirator masks and powered air purifying respirators and required filters, face shields and protective eyewear, gloves, disposable and reusable surgical and isolation gowns, and head and foot coverings, or other gear or clothing used to protect an individual from the transmission of disease.

“We saw the alarming result of the lack of domestic supply chain for PPE last year when the COVID-19 pandemic hit, and we cannot let our country repeat this mistake,” said Francisco Martinez, Chief Technology Officer of Unifire.” The Make PPE in America Act will go a long way in avoiding other instances where national emergencies require a strong domestic industrial base in place to address the resulting PPE needs. We urge the full Congress to pass this legislation as quickly as possible.”

Media Contact:
Liesl Sheehan
Tremont Strategies Group
Phone: (617) 775-0923 (cell) / (617) 236-5830 x.101 (office)
Email: sheehan@tremontstrategies.com

Mission Ready Reports 2020 Fourth Quarter and Full-Year Results

Snapshot | Fiscal 2020 (1)

Revenue$105.1 millionGain on Settlement of Debts$1.4 million
Gross Profit$8.1 millionAdjusted EBITDA (2)$2.8 million

VANCOUVER, BRITISH COLUMBIA, CANADA – APRIL 30, 2021 – Mission Ready Solutions Inc. (“Mission Ready” or the “Company”) (TSX Venture: MRS) (OTCQX: MSNVF) today announced its results for the fourth quarter (3-months ended December 31, 2020) (“Q4 2020”) and full-year (12-months ended December 31, 2020) (“FY 2020”).

FY 2020 Financial Highlights (in millions) (1)

 FY 2020FY 2019Increase (2020 vs 2019)
Revenue$105.1$21.2$83.9 or 396%
Gross Profit$8.1$2.4$5.7 or 238%
Expenses$11.1$8.6$2.5 or 29%
Adjusted EBITDA (2)$2.8($3.9)$6.7 or 172%
Average Gross Margin8%11%(3%)

Q4 2020 Financial Highlights (in millions) (1)

 Q4 2020Q4 2019Increase (2020 vs 2019)
Revenue$42.6$13.5$29.1 or 216%
Gross Profit$2.5$1.1$1.4 or 127%
Expenses$2.1$2.6($0.5) or (19%)
Adjusted EBITDA (2)$1.9($1.8)$3.7 or 206%
Average Gross Margin6%9%(3%)

(1) Rounded to nearest hundred thousand
(2) Excludes interest, income taxes, depreciation, amortization and stock-based compensation

Operations Highlights (FY 2020)

  • Board Appointments – Mission Ready welcomed William Bratton, Terrace (Terry) Nixon, Buck Marshall and Daniel Raczykowski to the Company’s Board of Directors; James Marks as Chairman of the Board.
  • COVID-19 Response Team – The Company announced the redirection and reassignment of certain resources and personnel to facilitate the Company’s pandemic response.
  • DHS FEMA Contract Award ($24 Million) – Mission Ready received a $24 million contract award from the U.S. Department of Homeland Security (DHS) Federal Emergency Management Agency (FEMA).
  • Lyft Partnership – Mission Ready Partnered with Lyft, Inc. (“Lyft”) to help safeguard the health and wellbeing of Lyft drivers and passengers through the provision of personal protective equipment and antimicrobial supplies.
  • Management Changes – James Marks, Chairman of the Board, was appointed interim Chief Executive Officer (“CEO”) of the Company before stepping aside to welcome Buck Marshall as the Company’s new President and CEO, effective October 1, 2020 which coincided with the appointment of Alvin Church as President of Unifire, Inc.
  • HHS Contract Awards (Estimated Value: $127 Million) – In September 2020, Mission Ready, through its wholly-owned subsidiary, Unifire, Inc., was awarded a number of government contracts for personal protective equipment (“PPE”) with an estimated value of $127,878,307 and a maximum value of $435,723,020 to be fulfilled over a 12-month period. As part of its COVID-19 pandemic response, the contracts were awarded to the Company through the United States Defense Logistics Agency Troop Support Clothing & Textiles supply chain to facilitate the delivery of PPE to the United States Department of Health and Human Services for the Strategic National Stockpile.
  • Receipt of $112 Million in Aggregate Purchase Orders Across HHS Contracts – In October 2020, the Company announced that it had received an aggregate of $112 million in purchase orders further to the contract awards announced by the Company on September 18, 2020.
  • Virtual Annual General and Special Shareholders’ Meeting – The Company conducted its 2020 Annual Shareholder Meeting virtually via live webcast on November 4, 2020.
  • OTCQB Listing – The Company announced its intention to initiate the process to obtain a cross-listing of its common shares on the OTCQB Marketplace.

CEO Commentary

The release of the FY 2020 financials gives me an opportunity to provide some insight into the numbers from my perspective, to opine on what I find valuable in the data, and to communicate a baseline in relation to what I expect from the Company going forward. Please review the FY 2020 audited annual financials and the related Management Discussion and Analysis for details and notes.

My primary focus since joining the Company in October 2020 has been on improving the total financial position of the Company in order to achieve sustained profitability and increase shareholder confidence. These are my highlights:

  • Revenues were $43MM during Q4 2020 compared with a total of $62MM for Q1, Q2 and Q3 combined. The underlying driver to this was a focus on removing the barriers of administrative work from our front-line sales team in order that they may focus on what they do best.
  • The fourth quarter drive increased total revenue for the year to $105.1MM with total expenses of $11.1MM. For context, the Company’s Q4 2020 revenues grew by nearly $84MM dollars compared to the same period in 2019 while reducing total expenses as a ratio from 41% to 11%, reflecting the Company’s commitment to a sound and responsible expense management strategy.
  • Net loss of $1.3MM equates to a $6.1MM improvement over 2019.  The Net loss for FY 2020 is largely attributable to the $1.5MM Stock-based compensation, a non-cash expense which is included as an add back in the Adjusted EBITDA calculation referenced herein. Historical capital costs reflected in the Interest Expense also contributed to the Net loss calculation. The Company recorded an EBITDA for FY 2020 of $1.3MM and an Adjusted EBITDA (exclusive of Stock-based compensation) of $2.8MM.
  • The Company generated sufficient cash flow to increase its overall cash position, reduce outstanding long and short-term debt, and begin funding an increasing number of orders internally as opposed to utilizing expensive capital facilities that would hamper the Companies ability to grow the bottom line.
  • The significance of the Company generating cash flow through operations is that it is indicative that the Company is trending towards positive liquidity and working capital positions. Said another way, the Company is generating enough cash to meet its short-term obligations.
  • The reduction in outstanding legacy debt is another key highlight. While cash flow and time were not enough to retire the entire outstanding debt and bring all operations current, it reflects the Company’s commitment to better margins and expense management. This philosophy is carried forward in to 2021 and the future. 
  • Non-financial highlights include an upgrade to our IT network, accounting software, market changes and brand enhancements.  We have been working to produce new marketing material, videos, and interviews that are being released through our social media channels. I would encourage you to visit and sign up for our newsletter at www.mrscorp.com and to visit Facebook and LinkedIn to follow Mission Ready Solutions and Unifire for additional content.

My excitement over the Company’s ever-improving financial position increases with each milestone achievement and I truly believe that we are only on the first leg of the journey. I look forward to reporting the first quarter 2021 financials which are due to be filed on or before May 31, 2021.  I am confident in the trends and activities of the Company to position ourselves for new contracts and opportunities through 2021 and beyond.

The Company’s Audited Annual Financial Statements, Management Discussion and Analysis and related filings for fiscal 2020, can be viewed on SEDAR (System for Electronic Document Analysis and Retrieval) at the following link:

http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00029644

About Mission Ready Solutions Inc.

Mission Ready specializes in providing comprehensive government contracting solutions 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 (“GSA”).

Mission Ready’s wholly-owned subsidiary, Unifire, Inc. (“Unifire”), is a designated Small Business and an industry-leading manufacturer and distributor of over 1.5 million military, fire and first-responder products. With extensive knowledge and experience in providing turnkey solutions to the United States Federal Government, Unifire utilizes its time-proven industry relationships and proprietary technology infrastructure to efficiently source and deliver 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 Mission Ready Solutions Inc., please visit MRSCorp.com or contact investor relations by email at IR@MRSCorp.com or by telephone at +1 877.479.7778 (Ext. 5).

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 Announces DTC Eligibility

VANCOUVER, BRITISH COLUMBIA, CANADA – APRIL 16, 2021 – Mission Ready Solutions Inc. (“Mission Ready” or the “Company”) (TSX Venture: MRS) (OTCQX: MSNVF) is pleased to announce that its common shares (“Shares”) are now eligible for electronic clearing and settlement through the Depository Trust Company (“DTC”) in the United States. The Company’s Shares are quoted in the United States on the OTCQX Best Market (“OTCQX”) under the symbol “MSNVF.”

DTC is a subsidiary of The Depository Trust & Clearing Corporation (DTCC), a U.S. company that manages electronic clearing and settlement of publicly traded companies. Securities that are considered “DTC eligible” may be electronically cleared and settled through DTC’s electronic clearing method which speeds up the receipt of stock and cash, reduces transactional costs and accelerates the settlement process for investors and brokerage firms. Mission Ready’s Shares are now eligible to be distributed, settled and serviced through DTC’s automated processes which will facilitate the trading of the Company’s Shares through a much wider selection of brokerage firms.

“We are pleased to have obtained DTC eligibility which will provide a reliable, cost-efficient, and timely method of trading of Mission Ready’s Shares for current and prospective U.S. investors and brokerage firms,” said Terry Nixon, Mission Ready’s Chief Compliance Officer. “We believe that DTC eligibility will further enhance our trading liquidity and broaden our investor base in the U.S. marketplace. We have made it a focus to expand our investor awareness efforts throughout North America while we look to share our vision with a growing shareholder base globally.”

Mission Ready’s Shares will continue to trade under the symbol “MSNVF” on the OTCQX and under the symbol “MRS” on the TSX Venture Exchange.

“I am exceptionally proud of our team’s tireless and ongoing efforts to springboard Mission Ready through 2021 and beyond,” said Buck Marshall, Mission Ready’s President and Chief Executive Officer. “I firmly believe that the increasing frequency of achievements to be celebrated by the Company – DTC eligibility as a prime example – are directly attributable to the skill and dedication of the men and women that constitute both our front-line operations and our executive leadership team.”

About Mission Ready Solutions Inc.
Mission Ready specializes in providing comprehensive government contracting solutions 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 (“GSA”).

Mission Ready’s wholly-owned subsidiary, Unifire, Inc. (“Unifire”), is a designated Small Business and an industry-leading manufacturer and distributor of over 1.5 million military, fire and first-responder products. With extensive knowledge and experience in providing turnkey solutions to the United States Federal Government, Unifire utilizes its time-proven industry relationships and proprietary technology infrastructure to efficiently source and deliver 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 Mission Ready Solutions Inc., please visit MRSCorp.com or contact investor relations by email at IR@MRSCorp.com or by telephone at +1 877.479.7778 (Ext. 5).

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 Graduates to the OTCQX

VANCOUVER, BRITISH COLUMBIA, CANADA – April 7, 2021 – Mission Ready Solutions Inc. (“Mission Ready” or the “Company”) (TSX Venture: MRS) (OTCQX: MSNVF) is pleased to announce that its common shares are now trading on the OTCQX Best Market (the “OTCQX”) under the ticker symbol of MSNVF. The OTCQX is the highest market tier of OTC Markets on which 11,000 U.S. and global securities trade. Trading on OTCQX will enhance the visibility and accessibility of the Company to U.S. investors.  Mission Ready’s common shares will continue to trade on the TSX Venture Exchange under the symbol MRS.

The OTCQX provides value and convenience to U.S. investors, brokers and institutions seeking to trade MSNVF. The OTCQX is OTC Markets Group’s premier market for established, investor-focused U.S. and international companies. To be eligible, companies must meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws, be current in their disclosure, and have a professional third-party sponsor introduction.

Mission Ready is in the process of securing Depository Trust Company (“DTC“) eligibility for its common shares.  DTC manages electronic clearing and settlement of publicly traded companies across the United States and in 131 other countries.  Trading through DTC allows for cost-effective clearing and guaranteed settlement, simplifying and accelerating the settlement process of daily trades.  U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com/stock/MSNVF/quote.

“Moving from the OTCQB to the OTCQX is another great achievement for the Company as we strive to increase shareholder value,” said Buck Marshall, President and CEO of Mission Ready. “Upgrading to the OTCQX will provide the Company with greater exposure and access to the US markets while improving liquidity for the investment community both in Canada and the United States. We firmly believe that our clear global strategy, strong management team, operational infrastructure, global network, consumer messaging, and financial results will continue to drive shareholder value,” Marshall concluded.

Burns, Figa & Will, P.C. acted as the Company’s OTCQX sponsor.

About Mission Ready Solutions Inc.
Mission Ready specializes in providing comprehensive government contracting solutions 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 (“GSA”).

Mission Ready’s wholly-owned subsidiary, Unifire, Inc. (“Unifire”), is a designated Small Business and an industry-leading manufacturer and distributor of over 1.5 million military, fire and first-responder products. With extensive knowledge and experience in providing turnkey solutions to the United States Federal Government, Unifire utilizes its time-proven industry relationships and proprietary technology infrastructure to efficiently source and deliver 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 Mission Ready Solutions Inc., please visit MRSCorp.com or contact investor relations by email at IR@MRSCorp.com or by telephone at +1 877.479.7778 (Ext. 5).

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 Newsletter | March 2021 Shareholder Update

Dear Fellow Shareholders,

In a previous communication, I touched on “the art of knowing the Order of Operations.” I want to expand on this topic to provide a little insight into the genesis and timing of successful contract awards.

I’ve often heard from shareholders that they are eager to learn when Mission Ready will be announcing new or additional contracts – Though I wish the answer to this question could always be black and white, the reality is that we operate in a complex industry with many dynamics in play. The initial stage of a contract can take several forms – It may be a) as preliminary as a Request for Information (“RFI”) whereby the requestor is simply collecting data in advance of potentially submitting a Request for Proposal (“RFP”), b) as advanced as a concrete Request for Quotation (“RFQ”) with a defined award date, or c) somewhere in between. Depending on various factors, a contract may take several months to develop in the case of an RFI, for example, or advance from solicitation to award very quickly in the case of a sole source solicitation.

Assuming we are to the point where we have submitted our proposal on the solicitation, we then have to wait for a decision to be made.  Though these decisions can be made quickly, it is not uncommon that they are delayed or extended for various reasons, often for reasons entirely outside of our control.  To name a few, a contract award may be delayed due to i) a request for additional information, certifications, etc. from a contracting officer, ii) a high volume of solicitation responses to be reviewed, and/or iii) political reasons. To elaborate on the last example, an election year can bring a great deal of changes to processes as we’ve seen these past few months. A change of President often brings a change in priorities, a change in the policies, and a change in the way Congress reacts. As a further complication, when the balance changes in either the House or the Senate, it can have a ripple effect throughout all of the committees. During these time, ranking members, chairs of committees, etc. are all in flux, which can result in a temporary disruption of federal programs and initiatives. Even without these influences, the response period after a solicitation can span many months. The backlog of pending (to be submitted) and completed (submitted and awaiting response) solicitations in the queue at any given time various considerably depending on factors including the time of year (proximity to government fiscal year-end), size and response criteria of the solicitations, and supply chain capacity. We are ever mindful that our shareholders are eager to learn of the status of bids and new awards, and we remain committed to providing timely updates on all material events and significant corporate developments.

One additional point of clarification is to define the difference between a contract award and an order. Some contracts are specific and contain defined quantities and delivery date. Others, however, are classified as Indefinite Delivery, Indefinite Quantity (“IDIQ”) awards where there will be provisions under one contract for multiple orders governed by a much broader set of parameters in relation to delivery timelines and value (E.g., minimum, estimated, and maximum quantities and/or value).  Examples of IDIQ awards received by Mission Ready include the contracts announced in our news release dated September 18, 2020, titled ‘Mission Ready Awarded New Contract for an Estimated $127 Million with a Ceiling of $435 Million’ (the “Contracts”).

Further to the Contracts, we continue to facilitate the delivery of personal protective equipment for the Strategic National Stockpile as we work through the current queue of purchase orders received from the United States Department of Health and Human Services (“HHS”). Facilitated through our wholly-owned subsidiary, Unifire, Inc. (“Unifire”), our team has performed tremendously well in fulfilling the purchase orders received to date across the Contracts, and we are diligently working to leverage this performance for additional orders during the term of the Contracts. In fact, in approximately 6 months, we have delivered 13,328,670 isolation gowns out of an aggregate order of 18 million ordered, as reported in a news release dated March 10, 2021, titled: Mission Ready Provides Update on Product Deliveries, Strategy to Maximize Contract Value.

Switching gears, I often get requests for the Company to increase its communications via social media and other channels. As announced in a news release dated February 2, 2021, we have engaged the services of Victory Media and various consultants to spearhead the rollout of a targeted communications and marketing plan. I am excited to announce that during the 2nd quarter of this year, we expect to launch our newly branded corporate website alongside a new e-commerce site and social media platforms which is expected to greatly enhance the flow of news and other communications. The aim is to provide transparent and comprehensive access to relevant and interesting news on the Company’s operations, and to ensure that readers are kept well-informed on the current and future direction of the Company.

Following the release of our Q4 2020 audited results which are due to be filed on or before April 30, 2021, I also expect to take part in some exciting media relations opportunities such as a podcast, video interviews and social media initiatives. Through these supplemental communications channels, we will not only provide further insights into the Company’s financial outlook, but also look ahead to 2022 and beyond. It is, indeed, a busy time for us!

I’ve said it many times, and I will continue to say it – I am exceedingly proud of our team and their drive to build something awesome. I am grateful to each and every shareholder who has believed in us and continues to go on this journey with us.  I am optimistic about our future and look forward to what every day holds for each of us. We have made tremendous strides to become One Company, led by One Team, moving in One Direction.

As COVID-19 continues across the globe, I hope that each and every one of you and your families stay safe, healthy and connected to your loved ones and communities in whatever way you can during these difficult times.

Sincerely,
Buck 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: IR@MRSCorp.com

Mission Ready Solutions Inc.

(Signed “Buck L. Marshall”)

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

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 Stock Option Grant

VANCOUVER, BRITISH COLUMBIA, CANADA – MARCH 19, 2021 – Mission Ready Solutions Inc. (“Mission Ready” or the “Company”) (TSX Venture: MRS) (OTCQB: MSNVF) announces that it has granted incentive stock options (the “Options”), pursuant to its stock option plan (the “Plan”), for a total of 4,400,000 common shares of the Company, to certain directors, officers, employees and consultants of the Company. The Options, subject to the terms of the Plan and the corresponding option agreements, are exercisable at a price of CAD $0.70 per share for a period of up to 5 years.

About Mission Ready Solutions Inc.
Mission Ready specializes in providing comprehensive government contracting solutions through its privileged access to a host of government contracting vehicles including its Multiple Award Schedule contracts administered by the United States General Services Administration (“GSA”).

Mission Ready’s wholly-owned subsidiary, Unifire, Inc. (“Unifire”) is a designated Small Business and an industry-leading manufacturer and distributor of over 1.5 million fire, military, emergency, and law enforcement products. With extensive knowledge and experience in providing solutions to the US Federal Government, Unifire utilizes its highly-efficient, scalable technology infrastructure to provide procurement solutions for program managers, military and federal contracting offices, base supply centers, and other governmental supply agencies.

For further information, visit MRSCorp.com or contact:

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

Mission Ready Solutions Inc.

(Signed “Buck L. Marshall”)

Buck L. Marshall
President, CEO and Director
Ph: +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 Provides Update on Product Deliveries, Strategy to Maximize Contract Value

VANCOUVER, BRITISH COLUMBIA, CANADA – MARCH 10, 2021 – Mission Ready Solutions Inc. (“Mission Ready” or the “Company”) (TSX Venture: MRS) (OTCQB: MSNVF) is pleased to provide an update further to the Company’s October 8, 2020 news release announcing that it had received an aggregate of $112 million in purchase orders (each purchase order, a “Purchase Order”) to supply isolation gowns in connection with the Company’s September 18, 2020 news release announcing that it had been awarded new contracts valued at an estimated $127 million, with a ceiling of $435 million (the “Contracts”).

As part of the US Governments COVID-19 pandemic response, the Contracts were awarded to the Company’s wholly-owned subsidiary, Unifire, Inc. (“Unifire”) through the United States Defense Logistics Agency Troop Support (“DLA”) Clothing & Textiles (“C&T”) supply chain to facilitate the delivery of personal protective equipment to the United States Department of Health and Human Services for the Strategic National Stockpile.

First announced in a news release dated February 2, 2021, the Company has engaged Tremont Strategies Group (“Tremont”) to help maximize the value of the Purchase Orders received across the Contracts during the term which spans from September 2020 through September 2021 (the “Term”). Tremont is a strategic, bipartisan government relations firm based in Boston, MA and Washington, DC. Tremont specializes in executing complex, multi-faceted campaigns by utilizing a comprehensive approach to engage stakeholders, policymakers and the general public in order to educate and advocate for its client’s position. With decades of experience in the public and private sectors, Tremont offers in-depth analysis’ on policy matters and proposals before state and federal government, and provides the expertise and entrepreneurial creativity needed to build successful comprehensive public affairs strategies.

Buck Marshall, President and CEO of Mission Ready, said “I am exceptionally proud of the tireless efforts of our team and trusted industry partners who have presided over the successful, on-time delivery of 13,328,670 of the 18,000,000 isolation gowns ordered across the Contracts to date. Though we are unable to definitely predict the aggregate value of Purchase Orders to be issued across the Contracts during the Term, with another 6 months and up to ~$323 million in runway remaining, we continue to proactively demonstrate Mission Ready’s preparedness and ability to accommodate additional Purchase Orders across the Contracts in the coming months in an effort to maximize the value of the Contracts to the Company beyond the Purchase Orders currently queued for delivery.”

Throughout the COVID-19 pandemic, Mission Ready has worked with its extensive network of Berry Compliant (Made in America) product suppliers and their staff to quickly and efficiently deliver critical, life-preserving personal protective equipment to the US Government in support of their efforts to replenish the Strategic National Stockpile.

Further information on the Awards can be found in related Company news releases which can be viewed on at www.MRSCorp.com or directly at the following links:

October 8, 2020 | $16 Million in New Purchase Orders
September 25, 2020 | $58.5 Million in New Purchase Orders
September 24, 2020 | $37.5 Million in New Purchase Orders
September 18, 2020 | Contracts for an Estimated $127 Million with a Ceiling of $435 Million

Monetary values referenced herein have been converted from US currency (USD) to Canadian currency (CAD) using an exchange rate of 1.32 and rounded down to the nearest 0.5 million.

About Mission Ready Solutions Inc.
Mission Ready specializes in providing comprehensive government contracting solutions through its privileged access to a host of government contracting vehicles including its Multiple Award Schedule contracts administered by the United States General Services Administration (“GSA”).

Mission Ready’s wholly-owned subsidiary, Unifire, Inc. (“Unifire”) is a designated Small Business and an industry-leading manufacturer and distributor of over 1.5 million fire, military, emergency, and law enforcement products. With extensive knowledge and experience in providing solutions to the US Federal Government, Unifire utilizes its highly-efficient, scalable technology infrastructure to provide procurement solutions for program managers, military and federal contracting offices, base supply centers, and other governmental supply agencies.

For further information, visit www.MRSCorp.com or contact:

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

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 Commences Trading on the OTCQB® Venture Market

VANCOUVER, BRITISH COLUMBIA, CANADA – MARCH 1, 2021 – Mission Ready Solutions Inc. (“Mission Ready” or the “Company”) (TSX Venture: MRS) (OTCQB: MSNVF) is pleased to announce that, effective today, March 1, 2021, the Company’s common shares (“Shares”) have been approved to commence trading on the OTCQB® Venture Market (“OTCQB”) under the symbol “MSNVF”. The Company’s Shares will continue to trade on the TSX Venture Exchange under the symbol “MRS”.

“Obtaining a listing for our common shares in the United States – the epicenter of our operations – is an important and timely milestone for the Company,” said Buck Marshall, President and CEO of Mission Ready. “In keeping with our commitment to build real and sustainable shareholder value, we are confident that trading on the OTCQB will further enhance liquidity for our current shareholders and extend investor awareness of the Company throughout the U.S. and beyond.”

The Company also reports that it is in the process of completing its application for DTC eligibility through the Depository Trust Company “(DTC”) for electronic settlement and transfer of its common shares in the United States. DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing and settlement of publicly traded companies.

The OTCQB is a leading market for early stage and developing U.S. and international companies operated by the OTC Markets Group Inc. To be eligible for quotation on the OTCQB, companies must be current in their reporting and undergo an annual verification and management certification process. Companies must also meet a minimum bid price test and other financial conditions. Recognized by the U.S. Securities and Exchange Commission as an established public market, the OTCQB market will provide investors who cannot access trading on the TSX Venture Exchange with an alternative access to Mission Ready’s Shares though regulated U.S. broker-dealers.

Investors can find Real-Time quotes and market information on Mission Ready at:
https://www.otcmarkets.com/stock/MSNVF/quote.

The Company appointed Burns, Figa and Will, Attorneys, to provide guidance with respect to its eligibility to meet the requirements of the OTCQB and to advise the Company on its responsibilities for complying with its U.S. disclosure obligations under the Securities Act of 1934 and Rule 12g3-2 promulgated thereunder in connection with the OTCQB listing and the OTCQB standards for international companies.

About OTC Markets Group Inc.
OTC Markets Group Inc. (“OTC Markets”) operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 11,000 U.S. and global securities. Through OTC Link® ATS and OTC Link ECN, OTC Markets connects a diverse network of broker-dealers that provide liquidity and execution services, enabling investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.

The OTCQB Venture Market is the premiere marketplace for early stage and developing U.S. and international companies that are committed to providing a high-quality trading and information experience for their U.S. investors. The OTCQB quality standards provide a strong baseline of transparency as well as the technology and regulation to improve the information and trading experience for investors.

To learn more about how OTC Markets creates better informed and more efficient markets, visit www.otcmarkets.com. OTC Link ATS and OTC Link ECN are SEC regulated ATSs, operated by OTC Link LLC, member FINRA/SIPC.

About Mission Ready Solutions Inc.
Mission Ready specializes in providing comprehensive government contracting solutions through its privileged access to a host of government contracting vehicles including its Multiple Award Schedule contracts administered by the United States General Services Administration (“GSA”).

Mission Ready’s wholly-owned subsidiary, Unifire, Inc. (“Unifire”) is a designated Small Business and an industry-leading manufacturer and distributor of over 1.5 million fire, military, emergency, and law enforcement products. With extensive knowledge and experience in providing solutions to the US Federal Government, Unifire utilizes its highly-efficient, scalable technology infrastructure to provide procurement solutions for program managers, military and federal contracting offices, base supply centers, and other governmental supply agencies.

Mission Ready trades on the TSX Venture Exchange under the symbol MRS.

For further information, visit MRSCorp.com or contact:

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

Mission Ready Solutions Inc.

(Signed “Buck L. Marshall”)

Buck L. Marshall
President, CEO and Director
Ph: +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 Announces Officer Change

VANCOUVER, BRITISH COLUMBIA, CANADA – FEBRUARY 3, 2021 – Mission Ready Solutions Inc. (“Mission Ready” or the “Company”) (TSX Venture: MRS) announces the resignation of Marcus Treiber as the Company’s Chief Operating Officer, effective immediately. The Company extends its sincere appreciation to Mr. Treiber for his past service and wishes him great success in his future endeavors.

Mr. Treiber said, “As a Service-Disabled Veteran, I am uniquely positioned to partner with great companies like Mission Ready to pursue the vast number of opportunities available to Service-Disabled, Veteran-Owned Small Businesses (SDVOSB).  I am excited for the possibilities in leveraging the SDVOSB program along with my relationships and strategic alliances to bring further value to the industry while servicing the Department of Defense and Federal marketplace. Working alongside the team at Mission Ready has been one of the best adventures of my professional life. Mission Ready is primed for success and I look forward to great things for the Company, both as an industry partner and a stakeholder.  It has been an honor to help build the Company that you see today, and I extend my sincere gratitude to the shareholders who have made it all possible.”

Buck Marshall, President and CEO of Mission Ready stated, “I am grateful for my time with Marcus over these last few months and am excited for his new venture. I know Marcus will be successful and I look forward to working with him again professionally when the opportunity presents itself.”

About Mission Ready Solutions Inc.
Mission Ready specializes in providing comprehensive government contracting solutions through its privileged access to a host of government contracting vehicles including its Multiple Award Schedule contracts administered by the United States General Services Administration (“GSA”).

Mission Ready’s wholly-owned subsidiary, Unifire, Inc. (“Unifire”) is a designated Small Business and an industry-leading manufacturer and distributor of over 1.5 million fire, military, emergency, and law enforcement products. With extensive knowledge and experience in providing solutions to the US Federal Government, Unifire utilizes its highly-efficient, scalable technology infrastructure to provide procurement solutions for program managers, military and federal contracting offices, base supply centers, and other governmental supply agencies.

Mission Ready trades on the TSX Venture Exchange under the symbol MRS.

For further information, visit MRSCorp.com or contact:

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

Mission Ready Solutions Inc.

(Signed “Buck L. Marshall”)

Buck L. Marshall
President, CEO and Director
Ph: +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.