LLLI - .0249
Lamperd Less Lethal Signs U.S. and International Distribution Agreement with Knesek Guns
SARNIA, ON -- (Marketwired) -- 10/26/16 -- Lamperd Less Lethal, Inc. (OTC PINK: LLLI) today announces a new distribution agreement has been signed with Knesek Guns, Inc., (www.knesekguns.com), a well established, U.S. based distributor of the finest firearms internationally, specializing in military and law enforcement type weapons. Knesek Guns will carry the full Lamperd product line and begin their marketing campaign immediately. Knesek ships to all 50 states of the U.S. and exports worldwide.
Barry Lamperd, CEO of Lamperd Less Lethal stated, "The strongly rising demand for safer and more advanced security products we are seeing today is opening up more new opportunity and Knesek Guns has recognized this developing market trend. This will be the first time Knesek will be offering less lethal products to their extensive customer base. We are proud that Knesek management has selected Lamperd as their choice for less lethal security products after reviewing all other options. The Lamperd company is especially pleased to have Knesek's new product representation at this time of significantly increasing market demand which is already impacting our sales and revenue growth. For the third quarter of 2016, Lamperd will report a 635% increase in revenues over the first six months of the year. We look forward to this revenue growth continuing as we go forward."
About the Company
Lamperd Less Lethal, Inc. (LLLI) is a developer, manufacturer and international sales company for advanced less lethal weapons, ammunition and other security products marketed to police, correctional, military and private security forces of any NATO country. The company sells over 300 different products including small & large caliber projectile guns, flash grenades, pepper spray grenades, 37mm & 40mm launching systems and interlocking riot shields. Lamperd also offers advisory services and hands-on training classes run by highly accredited instructors.
