Life Clips Inc (fka LCLP)

[Dolly Llama]

Life Clips forms new division to pursue Government and Military Procurement and Sourcing opportunities

https://globenewswire.com/news-release/2017/07/31/1064857/0/en/Life-Clips-forms-new-division-to-pursue-Government-and-Military-Procurement-and-Sourcing-opportunities.html

July 31, 2017 07:30 ET | Source: Life Clips, Inc.

Life Clips Government and military procurement division to be led by government affairs and military veteran Edward J. Schmidt.

As a result of the company’s recent acquisition of Ascenda International Corporation, Life Clips can provide end to end procurement and sourcing for many government and military requirements.

AVENTURA, Fla., July 31, 2017 (GLOBE NEWSWIRE) --  Life Clips, Inc. (OTCQB:LCLP) (the “Company”) a provider of global sourcing, supply chain, logistics and sales and marketing services, announced today it has formed a new division to pursue government and military sourcing and procurement opportunities. This division will be led by DOD veteran, Edward J. Schmidt.

Ed’s international background and accomplishments supported US (DOD/State Department), NATO, United Nations and foreign government (MOD/MOI) defense and aerospace development and sustainment for land, air and sea platforms.  His military background in various commands and senior staff positions provided leadership, resource management, and major logistic support to successfully deploy, sustain, and transition US and NATO forces, globally.  Ed’s 20+ years in the private sector led startups, M&A, change management, and global sourcing for IT, Managed Services and Defense/Aerospace industry.  Ed is a Senior Advisor to the National Defense Industry Association (NDIA) as well as Picatinny Arsenal, Aberdeen Proving Ground and UN – Office of Disarmament Affairs.  Previously, under the US Army Congressional Fellowship Program, Ed served as Program Lead and Recruiting Liaison Officer (RLO) for Japan’s Ground Defense Force (GDF), which for the first time in Japan’s history met its National GDF recruiting goals and objectives. Ed’s professional credibility is further enhanced by his MBA from Air University/Syracuse University and his Bachelor of Science in Business Administration from Saint Norbert College, coupled with his military service as a Defense Comptroller and Contracting Officer.

Commenting on the new division and the appointment of Mr. Schmidt, Huey Long, Life Clips CEO, stated “The acquisition of Ascenda, coupled with our organic sourcing and logistics growth, has positioned Life Clips to pursue the multi- billion dollar Government and Military Procurement and Sourcing opportunities. By forming this new division, we will be in a position to pursue both domestic and international contracting and bidding opportunities. There is no better executive to lead this group than Ed Schmidt. Ed is a seasoned government and military executive and has served our country for many years. I look forward to working with Ed to rapidly grow this division.”