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Tuesday, May 16, 2017 9:07:42 AM
Increasing Market Demand for Advanced Security Products Continue to Bring New Customers and Increasing Purchase Order Values
SARNIA, Ontario, May 16, 2017 (GLOBE NEWSWIRE) -- Lamperd Less Lethal, Inc. (OTC:LLLI) has reported the company's first quarter results which include sales revenues of over $136,900.00 for the three months ending March 31, 2017. The first quarter revenue figure actually exceeds the company's full year revenue total for all of 2016 by nearly 60%. The significant improvements in recent revenues are a result of growing interest in Lamperd products from new distributors serving law enforcement, military and private security customers. A strong interest is currently increasing in Lamperd's lines of crowd control products to deal with civil protests and other high tension situations in many different countries.
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. 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.
This press release contains forward-looking statements relating to Lamperd Less Lethal, Inc. Lamperd Less Lethal, Inc. undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes in future operating results.
Safe Harbor for Forward-Looking Statements:
This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.
Contact:
Lamperd Less Lethal, Inc.
Barry Lamperd, President & CEO
(519) 344-4445
www.lllico.com or www.lamperdlesslethal.com
Source: Lamperd Less Lethal
© 2017 GlobeNewswire, Inc.
Link: http://www.globenewswire.com/news-release/2017/05/16/985476/0/en/Lamperd-Less-Lethal-First-Quarter-2017-Results-Exceed-All-of-2016-Total-Year-Revenue.html
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