ICPW Liquidation Corp. (fka IPCWQ)

[TenKay]

IPCWQ shares cancelled symbol deleted

http://otce.finra.org/DLDeletions

[TenKay]

ICPWQ FINRA TRADING HALT (U3)

http://otce.finra.org/TradeHaltsCurrent

[Renee]

ICPWQ: effective Nov. 20, 2017 Ironclad Performance Wear Corp. will change to ICPW Liquidation Corporation:

http://otce.finra.org/DLSymbolNameChanges

[First Crown Research]

25.25 million bid. ooooo yeah

[Renee]

ICPW changed to ICPWQ, bankruptcy: (PPS down 52% from .16 to .0775)

http://otce.finra.org/DLSymbolNameChanges

[chico hombre2]

Golfers clap for this CEO... he seems to be battling his board of directors, interested in what opportunities this new banker has in mind. will check up in few weeks.

[mckmanx]

So I know ICPW isn't the best of volume but, any long term holders here?

[IPO$]

Ironclad Performance Wear is a leader in high-performance task-specific work gloves. It created the performance work glove category in 1998, and continues to leverage its leadership position in the safety, construction and industrial markets through the design, development and distribution of specialized task-specific gloves for industries such as oil & gas extraction; automotive; and police, fire, first-responder and military. Ironclad engineers and manufactures its products with a focus on innovation, design, advanced material science and durability. Ironclad's gloves and apparel are available through industrial suppliers, hardware stores, home centers, lumber yards, and sporting goods retailers nationwide; and through authorized distributors in North America, Europe, Australia and Asia.

[rookieman1]

I took a starter position today @.23
BECAUSE............

EPS is .012/Sh
PE is 19.16 , BV is .123/Sh , P/B is 1.87 , P/S is .765
MCap is 18.584 MilLION
TTM Sales is $24
SIGNED CO BRANDING AGREEMENT WITH DICKIE!

[sagedono]

anyone able to post some highlights of conf. call?sagedono

[sagedono]

Show us the numbers, and make them good! sagedono

[sagedono]

Is anyone out there watching this.This thing is coming back to life!

[willlbone]

Bad news today. Two year low is 12 cents.

[willlbone]

Buying teens today.

[sagedono]

To bad this isn't a more active board. IMO this stock is getting ready to bust into the .30s....maybe .40? IMO , sagedono

[sagedono]

Good video short on the ICPW website "Evolution of Kong", good stuff!
sagedono

[sagedono]

Not sure, but it seems connected to the large block at .20 a while back. Seem like those same shares are going to someone all for .27 lately in large blocks without the pps falling.Could be they are going to knock it out of the park when they report soon.
You out there Hank? Any thoughts? sagedono

[jwez]

What's up???

[sagedono]

Hi Hank,
This is ICPWs guidance for 2012 below,

Guidance for 2012

"Ironclad reaffirms its full-year guidance outlined on May 9, 2012. Net sales for 2012 are expected to increase 15% - 20% to $24.6 million to $25.7 million."


The bulk of their earnings for the year should be in this next reporting, as for 2 Qs they have stated that the low numbers were a timing issue.
Even still they nailed down the financing and got a good dealon it.Seems logical to assume the bank thinks they will hit the numbers.Any thoughts? Are you still in this stock?
I've been adding to my position. sagedono

[sagedono]

Lots of PRs about new products, just waiting to see the numbers.IMO this could run a bit with a strong Q.Are you in this one MR. McBall$ ? sagedono

[MR. McBALL$]

ICPW- NEWS


IRONCLAD PERFORMANCE WEAR CORP
Symbol U : ICPW
Recent Sedar Documents
Ironclad Performance Wear Introduces the KONG® Cut Resistant glove


2012-10-15 14:35 ET - News Release


Unique CT-5 Cut Resistant Material Make This Glove the Most Innovative in the Oil and Gas Industry

LOS ANGELES, Oct. 15, 2012 /PRNewswire/ -- Ironclad Performance Wear Corporation (ICPW), the recognized leader in high-performance task-specific performance work gloves, introduces the newest member to the KONG family -- the Cut Resistant KONG glove specifically designed for the hazardous conditions on an oil and gas platform.

(Photo: http://photos.prnewswire.com/prnh/20121015/LA93224)

(Logo: http://photos.prnewswire.com/prnh/20060511/LATH052LOGO)

The new KONG Cut Resistant glove is the fifth member of the KONG family. It dovetails on the very successful adoption by the oil and gas industry of the KONG Original, KONG HPT Super Grip, KONG Dexterity and KONG Waterproof.

"Our KONG line of gloves, co-developed with the Oil and Gas Safety Committee, continues to evolve and meet the needs of industry. With the introduction of the Cut Resistant glove, KONG reinforces its position as the gold standard in the oil and gas industry", said Fred Castro, Vice President of Sale & Marketing for Ironclad. "Ironclad launched the KONG line of gloves in late-2008, and has since sold more than one million pair worldwide. The new Cut Resistant KONG glove was developed using a new material that we refer to as CT-5™. It's thin, light, breathable, abrasion and puncture resistant, and, of course, cut resistant."

In independent test results, the KONG Cut Resistant glove performed at superior levels:



Test
Standard
Results
Abrasion resistance
NF EN 388:2004 §6.1
4 out of 4
Blade cut resistance
NF EN 388:2004 §6.2
5 out of 5
Tear resistance
NF EN 388:2004 §6.3
4 out of 4
Puncture resistance
NF EN 388:2004 §6.4
3 out of 4
The KONG Cut Resistant glove will debut to the public at three upcoming major trade shows:

2012 National Safety Council Expo, Orlando, FL, October 22 - 24, 2012
SEMA (Automotive) Show 2012 (Specialty Equipment Market Association), Las Vegas, NV, October 30 - November 2, 2012
STAFDA 2012 Annual Convention & Trade Show (Specialty Tools & Fasteners Distributors Association), Orlando, FL, November 4 - 6, 2012
About Ironclad Performance Wear Corporation
Ironclad Performance Wear is an aspirational brand leader in technical, task-specific, performance work gloves, having created the performance work glove category in 1998. The company continues to leverage its leadership position in the safety, construction and industrial markets through the design, development and distribution of specialized task-specific gloves for numerous industries, including oil & gas exploration, automotive and construction, as well as police, fire, first-responder and military. Ironclad engineers and manufactures its products with a focus on innovation, design, advanced material science and durability. Ironclad's gloves are available through industrial suppliers, hardware stores, home centers, lumber yards, auto parts stores and sporting goods retailers nationwide, and through authorized distributors in North America, Europe, Australia and Asia.

Built Tough for the Industrial Athlete™

For more information on Ironclad, please visit www.ironclad.com.

Media Contact:
Shawn Norfolk, Director of Marketing
[e-mail]
[phone] x127

SOURCE Ironclad Performance Wear Corporation

[sagedono]

Are you still in this Hank? I have been adding and continue to pick up what are IMO cheap shares. The company has twice given strong guidance this year, which puts the weight on the remaining 2 quarters.I think they will pull it off.Any thoughts? This stock should start to gain some attention.
Large block sold today....500,000 @ .23
Some quotes below from Aug. 6 news release
sagedono


"For the first half of 2012, compared with the same six month period in 2011, Ironclad's net sales are up 23%; gross profit is up 19%; income from operations is up 131%; and net income increased by $293,576, from ($27,607) to $265,969."

Guidance for 2012

"Ironclad reaffirms its full-year guidance outlined on May 9, 2012. Net sales for 2012 are expected to increase 15% - 20% to $24.6 million to $25.7 million."

[sagedono]

Did you listen to the conf. call Hank? Earnings are coming in lumpy so far, but seems to look like they will hit their target this year.Long term here looks pretty solid. Thoughts?
sagedono

[sagedono]

ICPW .225 x .25 Second Q 2012 below

Ironclad Performance Wear Reports Second Quarter 2012 Financial Results
4:05p ET August 6, 2012 (PR NewsWire)

Ironclad Performance Wear Corporation (ICPW.OB), the recognized leader in high-performance task-specific gloves, reported financial results for the second quarter ended June 30, 2012.

(Logo: http://photos.prnewswire.com/prnh/20060511/LATH052LOGO)

Second Quarter 2012 Financial Results

Net sales for the second quarter totaled $4.55 million, a decline of 1.5% percent from $4.62 million in the second quarter of 2011. This marginal decline was primarily due to the timing of sales orders that resulted in an unusually high year-ago comparative period, as well as certain sales which occurred earlier than usual in the first quarter of this year.

Gross profit increased 1% to $1.78 million, or 39.3% of net sales, compared to $1.77 million, or 38.4% of net sales in the second quarter of 2011.

Operating expenses as a percent of net sales increased to 38.7%, or $1.76 million, compared to 32.6% of net sales, or $1.50 million, during the same period last year.

Income from operations was $26,821, compared with income from operations of $266,942 during the same period in 2011.

Net income was $18,983 in the second quarter 2012, compared with a net income of $230,430 in the same period last year.

"As noted above, the flat performance of Ironclad's second quarter sales is primarily a result of the timing of sales orders between the first and second quarters of this year. The company's first quarter sales were extraordinary, with a 57% increase over the same period in the previous year," said Scott Jarus, Chairman and CEO of Ironclad. "Additionally, it is important to note that Ironclad focused its attention on much higher margin sales in the second quarter, as is reflected by the almost 1% increase in gross profit. The trends demonstrated during the first half of 2012 bode well for Ironclad's ability to deliver on its top and bottom lines' guidance for the balance of the year."

For the first half of 2012, compared with the same six month period in 2011, Ironclad's net sales are up 23%; gross profit is up 19%; income from operations is up 131%; and net income increased by $293,576, from ($27,607) to $265,969.

Guidance for 2012

Ironclad reaffirms its full-year guidance outlined on May 9, 2012. Net sales for 2012 are expected to increase 15% - 20% to $24.6 million to $25.7 million.

EBITDA+ASC718 (a non-GAAP term the company defines as Earnings Before Interest, Taxes, Depreciation, Amortization and ASC 718 non-cash stock option expense), is expected to be between approximately $2.0 million to $2.4 million, or a 19% to 42% increase over 2011. Earnings per share are expected to increase marginally.

This guidance is based solely upon the outlook for organic growth, and does not contemplate acquisition opportunities which, if identified and concluded, would be expected to be accretive to net sales and net income.

Mr. Jarus concluded: "Our financial results for the first half of 2012 demonstrated the company's ability to leverage the Ironclad brand and expertise to produce innovative products for growth and profitability. In addition, we are focused on delivering high quality, higher margin products which has meant, and may mean for the future, that we forego certain opportunities, such as big box retail, which may generate higher volume, but usually at a much lower margin. In addition, we expect our most technical gloves, such as the KONG glove line for the oil & gas industry, to experience continued market expansion around the world."

Conference Call

Ironclad will hold a conference call to discuss second quarter 2012 financial results today, Monday, August 6, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time).

Ironclad's Chairman and CEO, Scott Jarus, and Senior Vice President of Finance, Thomas Kreig, will host the presentation, followed by a question and answer period. They will be joined by the Company's Founder & Head of Business Development, Ed Jaeger; Vice President of Sales & Marketing, Fred Castro; and Director of Marketing, Shawn Norfolk.

Date: Monday, August 6, 2012 Time: 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) Domestic Dial-In Number: [phone] International Dial-In Number: [phone] Conference ID Number: 4556451

The conference call will be broadcast simultaneously and available for replay here and via the investor section of the Company's Website at ironclad.com.

A telephone replay of the call will be available after 7:30 p.m. Eastern Time on the same day and until midnight on August 20, 2012.

Domestic Replay Number: [phone] International Replay Number: [phone] Replay ID Number: 4556451

About Ironclad Performance Wear Corporation

Ironclad Performance Wear is a leader in high-performance task-specific work gloves. It created the performance work glove category in 1998, and continues to leverage its leadership position in the safety, construction and industrial markets through the design, development and distribution of specialized task-specific gloves for industries such as oil & gas extraction; automotive; and police, fire, first-responder and military. Ironclad engineers and manufactures its products with a focus on innovation, design, advanced material science and durability. Ironclad's gloves are available through industrial suppliers, hardware stores, home centers, lumber yards, and sporting goods retailers nationwide; and through authorized distributors in North America, Europe, Australia and Asia.

Built Tough for the Industrial Athlete(TM)

For more information on Ironclad, please visit www.ironclad.com.

Contacts Scott Jarus, CEO [e-mail] [phone] x120

Justin Vaicek Liolios Group, Inc. [e-mail] [phone]

[sagedono]

Second Q will be released at the closing bell on Aug 6th, same day as conference call. sagedono

Ironclad Performance Wear to Report Second Quarter 2012 Financial Results Conference Call with Management Set for August 6, at 1:30pm Pacific Time

PR Newswire

LOS ANGELES, July 30, 2012

LOS ANGELES, July 30, 2012 /PRNewswire/ -- Ironclad Performance Wear Corporation (ICPW.OB), the recognized leader in technical, task-specific, performance work gloves, will hold a conference call on Monday, August 6, 2012 to discuss its financial results for the second quarter ended June 30, 2012. Financial results will be issued in a press release after the close of the market on the same day.

(Logo: http://photos.prnewswire.com/prnh/20060511/LATH052LOGO)

Ironclad's Chairman and CEO, Scott Jarus, and Senior Vice President of Finance, Thomas Kreig, will host the presentation, followed by a question and answer period. They will be joined by the Company's Head of Business Development, Ed Jaeger; Vice President of Sales & Marketing, Fred Castro; and Director of Marketing, Shawn Norfolk.

Date: Monday, August 6, 2012Time: 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time)Domestic Dial-In Number: [phone]International Dial-In Number: [phone]Conference ID Number: 4556451

The conference call will be broadcast simultaneously and available for replay here and via the investor section of the Company's Website at www.ironclad.com.

Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact Liolios Group at [phone].

A telephone replay of the call will be available after 7:30 p.m. Eastern Time on the same day and until midnight on August 20, 2012.

Domestic Replay Number: [phone]International Replay Number: [phone]Replay ID Number: 4556451

The Company's financial results will be posted online at www.ironclad.com once they are publicly released.

About Ironclad Performance Wear Corporation

Ironclad Performance Wear is a leader in technical, task-specific, performance work gloves. It created the performance work glove category in 1998, and continues to leverage its leadership position in the safety, construction and industrial markets through the design, development and distribution of specialized task-specific gloves for industries such as oil & gas extraction; automotive; and police, fire, first-responder and military. Ironclad engineers and manufactures its products with a focus on innovation, design, advanced material science and durability. Ironclad's gloves and apparel are available through industrial suppliers, hardware stores, home centers, lumber yards, and sporting goods retailers nationwide; and through authorized distributors in North America, Europe, Australia and Asia.

Built Tough for the Industrial Athlete™

For more information on Ironclad, please visit www.ironclad.com.

ContactsScott Jarus, [e-mail][phone] x120

Justin VaicekLiolios Group, [e-mail][phone]



SOURCE Ironclad Performance Wear Corporation

[sagedono]

ICPW should be reporting 2nd Q numbers sometime i the second week of Aug. barring an extension ( which I think is only 2 weeks). Looking forward to what should be good numbers.I've had several small bids in,but not catching many shares.GL, sagedono

[10 bagger]

ICPW.. $0.232.. Added Again.. hank

07/16/12 11:33 AM EDT Buy 2950 ICPW Executed @ $0.232 Details | Edit
07/16/12 11:05 AM EDT Buy 399 ICPW Executed @ $0.232

Companys now qualified with DD posted on the VMC Motherboard UNDER $0.25 for discussion on 07/15/2012 are listed below..listed below..

Add your favorite.. Read rules for posting on any company on the intro page..

GLMB $0.21,, CDOC $0.095,, JNSH $0.0205,,
LVWD,, $0.25,, RCHN,, $0.19,, ETCIA,,$0.25,,
BBRD,, $0.025,, PAOS $0.20,, GLGI $0.16,, ICPW $0.24,,
BNLB $0.078,, VSTI $0.06,, TEXC $0.165,, CTDH $0.21,, VASO $0.25

http://investorshub.advfn.com/VMC-Motherboard-UNDER-$025-25230/

[10 bagger]

ICPW... 07/13/2012

Companys now qualified with DD posted on the VMC Motherboard UNDER $0.25 for discussion on 07/12/2012 are listed below..listed below.. Add your favorite.. Read rules for posting on any company on the intro page..

GLMB $0.21,, CDOC $0.095,, JNSH $0.0205,,
LVWD,, $0.25,, RCHN,, $0.19,, ETCIA,,$0.25,,
BBRD,, $0.025,, PAOS $0.20,, GLGI $0.16,, ICPW $0.24,,
BNLB $0.078,, VSTI $0.06,, TEXC $0.165

http://investorshub.advfn.com/VMC-Motherboard-UNDER-$025-25230/

[sagedono]

I have been building a position for a several months.Have you got a position in this stock Hank? sagedono

[10 bagger]

ICPW.. $0.24 .. Now Qualifies for VMC Motherboard UNDER $0.25

http://investorshub.advfn.com/VMC-Motherboard-UNDER-$025-25230/

VMC Motherboard UNDER $0.25
..

Posting about stocks that mentioned on this board trading above $0.25 are expected,, if that stock was first mentioned below $0.25.. That is validation of the value of posting on this board and the VALUE of proper DD..

The purpose of this board is to bring forward companies that trade under $0.25 that have been profitable under the same rules as VMC Microcaps Motherboard.. Posts are to be made about stocks and thier value as an Investment and not thier not thier tic by tic movements or other influences on the trading of that stock..

PLEASE when posting on any company include the SYMBOL .. and current price in the header so finding back posts will be easier using the board search option..

Resistance levels may/should be discussed as well as price targets and any guidance of future earnings and product development.. Charts are encouraged when posting on any company.. DD posted should include links to information on the company and the posting of the website of the company mentioned ...

This board is all about DD.. SYMBOLS will be maintained and posted on the sticky notes for one year of all company's that have had DD posted on this board along with the first price posted.. When ever a stock is posted on for the first time DD is required before any other posts may be made on that company..

DD Min.. Requirements are..

Symbol ( If Foriegn give both symbols),, Inital price first entered,, Website link,, Auth. Shares,, Common shares outstanding,, Fully diluted shares when Avil. Last 2 Qtrs, or links to,, Latest Annual report or 10K or link to,, All Press releases for the past year containing Finanical information or Guidance.. Any other information,, research reports or product analysis is encouraged.. Companys that have this information posted will be listed in the sticky notes..

As this is a premiumn board the use of all posts made on any company is an option that may/will be used in future DD of any company mentioned.. Same rules for posting as VMC Motherboard,, except stocks must be under $0.25 when first posted..

Posting about stocks that mentioned on this board trading above $0.25 are expected,, if that stock was first mentioned below $0.25.. That is validation of the value of posting on this board and the VALUE of proper DD..

[MrT11]

Hi sagedono,
Check out SSVE was at $1... CEO fired ..owner takes over... stock falls to .10...opens new call center... buys back shares.. signs office depot and others.. stock runs to .45 ... rev around 5 mill net income $300,000 + ... stock back at .20- 3.5 mill market cap.. I think when they sign another large company this will run hard... If you want, do some due dill and let me know what you think over at the SSVE board... Thanks

[sagedono]

This company is solid and stock is getting the short end. Been building a trading position on the days hit hard. good long term hold it would seem too.It's going back up! IMO, sagedono

[*MARINE 1*]

[*MARINE 1*]

Wells Fargo indicated in the Termination Letter that it will continue to make advances to the Company during the thirty-day notice period, and cooperate with the Company and the Company’s new lender on a smooth transition to a new factoring agreement. In addition, it will continue to work with the Company to reduce the current outstanding balance under the Factoring Agreement and Wells Fargo’s reliance on the Company’s inventory.

[*MARINE 1*]

http://yahoo.brand.edgar-online.com/default.aspx?cik=1301712

[*MARINE 1*]

Money in the bank!!

[*MARINE 1*]

ronclad Performance Wear Reports Third Quarter 2009 and Year-to-Date 2009 Results

Company Achieves Quarterly Profit with Net Sales Increasing 16.5% Year-Over-Year

LOS ANGELES, Nov. 11 /PRNewswire-FirstCall/ -- Ironclad Performance Wear Corporation (OTC:ICPW) (BULLETIN BOARD: ICPW) , a leader in high-performance gloves and apparel, today announced financial results for the three months and nine months ended September 30, 2009.

(Logo: http://www.newscom.com/cgi-bin/prnh/20060511/LATH052LOGO)

2009 Results

Net sales decreased 11.6% for the third quarter of 2009 to $3.60 million, compared to net sales of $4.07 million in the prior year period. This decrease is the result of special promotions in the prior year that were not available in the current period or whose timing shifted to the fourth quarter in 2009. However, for the nine months ended September 30, 2009, net sales increased 16.5% to $9.20 million, compared to net sales of $7.89 million in the prior year period. This increase is due to continued strength in Ironclad's industrial/safety sales channel, as well as increased international sales.

Ironclad's third quarter 2009 gross margin increased slightly to 38.7% versus 38.4% in the prior year period. Gross margin for the nine months ended September 30, 2009 decreased to 37.9% from 39.6% in the prior year period. This decrease in year-to-date gross margin is the result of prior year extraordinary adjustments incurred in the first quarter of 2009.

Operating expenses decreased by $130,000 during the third quarter of 2009 to $1.36 million, compared to $1.49 million in the prior year period. For the nine months ended September 30, 2009, operating expenses decreased by $980,000 to $4.18 million from $5.16 million in the prior year period. These savings are a direct result of a continuing focus throughout the Company on cost containment and control, as well as a rationalization of general operating expenses to match sales.

Third quarter net income increased to $9,434 compared to a net loss of $40,923 in the prior year period. For the nine months ended September 30, 2009, net loss decreased $1.44 million to $770,000 from $2.21 million in the prior year period. This significant reduction in net loss in the third quarter of 2009 is a reflection of Ironclad's on-going efforts toward achieving operating income break-even in 2009 and building a sustainably profitable business in 2010 and beyond.

Basic and diluted net profit per share for the third quarter of 2009 were $0.00 on a weighted average common shares outstanding of 72.95 million, compared to a net loss of $(0.00) on a weighted average common shares outstanding of 42.46 million in the prior year period. For the nine months ended September 30, 2009 basic and diluted net loss per share were $(0.01) on a weighted average common shares outstanding of 68.98 million, compared to $(0.06) on a weighted average common shares outstanding of 39.55 million in the prior year.

"Ironclad continues to see growth through its industrial/safety channels, and particularly within the energy sector through the Company's KONG(TM) line of safety gloves," said Scott Jarus, Chairman and CEO of Ironclad Performance Wear. "Ironclad is helping re-define what hand protection can and should be for industrial users, first-responders and do-it-yourself consumers."

Balance Sheet Highlights

Cash at September 30, 2009, was $212,240 compared to $215,203 at December 31, 2008. Inventory and deposits on inventory were $5.17 million at September 30, 2009, compared to $3.40 million at the prior year end, primarily reflecting a planned increase in inventory on-hand and in-transit to support our busiest build & ship season. Net working capital at September 30, 2009, was $3.20 million compared to $2.04 million at December 31, 2008. Ironclad had $1.43 million outstanding on its line of credit as of September 30, 2009, compared to $1.60 million at December 31, 2008. Warrant liability as of September 30, 2009 was $5,180 compared to $2,097 on December 31, 2008.

Outlook for Full-Year 2009

Ironclad has not previously provided financial guidance for 2009, except to say that the Company has set a goal to achieve break-even (operating net income less all non-cash expenses) for the year. Based upon the results to-date, combined with the Company's fourth quarter projections, it is the Company's expectation that it will achieve or come very close to achieving this financial goal for 2009.

Mr. Jarus added, "Despite harrowing financial conditions around the world, Ironclad continues to experience increasing interest and sales of its high-quality task-specific glove products. These include significant new customers and co-branded licensing opportunities, such as the 5.11 Tactical relationship recently announced. As a result, we believe that the Company has reached an inflection point which sets the stage for a profitable year in 2010."

Third Quarter 2009 Financial Results Conference Call

Ironclad Performance Wear will hold its third quarter 2009 financial results conference call on Wednesday, November 11, 2009 at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). To participate in the conference call, interested parties should dial [phone] ten minutes prior to the call. International callers should dial [phone]. If you are unable to participate in the live call, a replay will be available from November 11, 2009 at 4:30pm Pacific Time through 9:00pm Pacific Time on Wednesday, November 25, 2009. To access the replay, dial [phone] (passcode: 4181177). International callers should dial [phone] and use the same passcode.

In addition, the conference call will also be broadcast live over the Internet and can be accessed at http://www.ironclad.com/. For those unable to participate during the live broadcast, the Webcast will be archived on this site through November 25, 2009.

About Ironclad Performance Wear Corporation

Ironclad, which created the performance work glove category in 1998, continues to leverage its leadership position in the construction and industrial/safety markets through the development and introduction of specialized task-specific gloves for industries such as oil & gas exploration and automotive. With its focus on innovation, design, advanced material science and durability, Ironclad engineers, manufactures, and sells a comprehensive line of task-specific gloves and performance-fabric apparel. Ironclad's products are available at hardware stores, home centers, industrial suppliers, lumberyards, and sporting goods retailers nationwide, as well as through authorized distributors worldwide.

For more information on Ironclad, please visit http://www.ironclad.com/.

Information about Forward-Looking Statements

This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for Ironclad's products, the introduction of new products, Ironclad's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of Ironclad's liquidity and financial strength to support its growth, and other information that may be detailed from time to time in Ironclad's filings with the United States Securities and Exchange Commission. Examples of such forward looking statements in this release include statements regarding achievement of financial goals for 2009, increasing interest and sales of Ironclad's products, opportunities presented by new customers and the 5.11 licensing relationship and Ironclad's profitability in 2010. For a more detailed description of the risk factors and uncertainties affecting Ironclad, please refer to the Company's recent Securities and Exchange Commission filings, which are available at http://www.sec.gov/. Ironclad undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contacts Scott Jarus, CEO [phone] x120

Chris Miller, Director of Marketing [phone] x127

Ironclad Performance Wear Corp.

CONSOLIDATED BALANCE SHEETS

September 30, December 31, 2009 2008 ------------- ------------ ASSETS Current Assets Cash and cash equivalents $212,240 $215,203 Accounts receivable net of allowance for doubtful accounts of $100,000 and $60,000 1,285,914 1,705,435 Inventory 5,170,306 3,404,567 Prepaid and other 156,829 115,400 ------- ------- Total current assets 6,825,289 5,440,605

Property, Plant and equipment Computer equipment and software 211,303 200,932 Vehicle 43,680 43,680 Office equipment and furniture 138,256 143,478 Leasehold improvements 36,935 36,934 Less: accumulated amortization (316,563) (252,650) ------- ------- Total property, plant and equipment 113,611 172,374

Trademarks, net of accumulated amortization of $17,660 and $14,073 90,725 94,312 Deposits 11,354 11,354 ------ ------ Total Assets $7,040,979 $5,718,645 ========== ==========

LIABILITIES & STOCKHOLDERS' EQUITY Current Liabilities Accounts payable and accrued expenses $2,191,707 $1,799,020 Line of credit 1,432,783 1,599,300 Current portion of capital lease - - --- --- Total current liabilities 3,624,490 3,398,320

Long Term Liabilities Fair value of warrant liability 5,180 2,097 ----- ----- Total Liabilities 3,629,670 3,400,417

Stockholder's Equity Common stock, $.001 par value; 172,744,750 shares authorized; 72,951,183 and 42,803,487 shares issued and outstanding 72,951 42,804 Additional paid In capital 17,756,411 15,922,832 Accumulated deficit (14,418,053) (13,647,408) ---------- ---------- Total Stockholders' Equity 3,411,309 2,318,228 --------- --------- Total Liabilities & Stockholders' Equity $7,040,979 $5,718,645 ========== ==========

Ironclad Performance Wear Corp.

CONSOLIDATED STATEMENTS OF OPERATIONS

Three Three Nine Nine Months Months Months Months Ended Ended Ended Ended September September September September 30, 30, 30, 30, 2009 2008 2009 2008 ---------- ---------- ---------- ---------- REVENUES Net sales $3,598,337 $4,072,693 $9,198,240 $7,893,012

COST OF SALES Cost of sales 2,207,114 2,507,250 5,712,301 4,769,139 --------- --------- --------- ---------

GROSS PROFIT 1,391,223 1,565,443 3,485,939 3,123,873

OPERATING EXPENSES General and administrative 558,622 602,103 1,642,542 1,902,620 Sales and marketing 587,275 619,693 1,830,368 2,325,230 Research and development 54,866 88,613 198,558 297,479 Purchasing, warehousing and distribution 139,607 156,899 440,668 561,674 Depreciation and amortization 22,130 24,895 67,810 73,713 ------ ------ ------ ------ Total Operating Expenses 1,362,500 1,492,203 4,179,946 5,160,716

INCOME (LOSS) FROM OPERATIONS 28,723 73,240 (694,007) (2,036,843)

OTHER INCOME (EXPENSE) Interest expense (18,315) (72,674) (61,375) (132,402) Interest income 6 49 473 4,590 Change in fair value of warrant liability 520 - (3,083) - Other income (expense), net (1,500) (43,814) 6,477 (46,520) Unrealized gain (loss) on financings activities - - - (1,515) Litigation settlement - - (17,183) - Loss on disposition of equipment - - (480) - --- --- --- ---

Total Other Income (Expense), Net (19,289) (116,439) (75,171) (175,847) ------ ------- ------ -------

NET INCOME (LOSS) BEFORE INCOME TAXES 9,434 (43,199) (769,178) (2,212,690)

PROVISION FOR (BENEFIT FROM) INCOME TAXES - (2,276) 1,466 (1,466) --- --- ----- ------

NET INCOME (LOSS) $9,434 $(40,923) $(770,644) $(2,211,224) ====== ========= ========== ============

BASIC AND DILUTED NET LOSS PER COMMON SHARE $0.00 $(0.00) $(0.01) $(0.06) ===== ====== ====== =======

WEIGHTED AVERAGE COMMON SHARES OUTSTANDING 72,951,183 42,464,504 68,975,664 39,546,712

http://www.newscom.com/cgi-bin/prnh/20060511/LATH052LOGO

http://photoarchive.ap.org/

DATASOURCE: Ironclad Performance Wear Corporation

CONTACT: Scott Jarus, CEO, [phone], ext. 120, or Chris Miller,

Director of Marketing, [phone], ext. 127, both of Ironclad Performance

Wear Corporation

Web Site: http://www.ironclad.com/

[*MARINE 1*]

Up 18% today

[*MARINE 1*]

172,744,750 shares authorized
72,951,183 outstanding as of June 30, 2009

[*MARINE 1*]

Conference Call with Management Set for November 11th at 1:30 p.m. Pacific Time

[*MARINE 1*]

Ironclad Performance Wear to Report Third Quarter 2009 Financial Results
Date : 11/04/2009 @ 9:00AM
Source : PR Newswire
Stock : (ICPW)
Quote : 0.11 0.0 (0.00%) @ 2:05AM




Ironclad Performance Wear to Report Third Quarter 2009 Financial Results

Conference Call with Management Set for November 11th at 1:30 p.m. Pacific Time

LOS ANGELES, Nov. 4 /PRNewswire-FirstCall/ -- Ironclad Performance Wear Corporation (OTC:ICPW) (BULLETIN BOARD: ICPW) , a leader in high-performance gloves and apparel, announced that it will report its financial results for the third quarter ended September 30, 2009 after the close-of-market on Wednesday, November 11, 2009.

(Photo: http://www.newscom.com/cgi-bin/prnh/20060511/LATH052LOGO)

A conference call to discuss the third quarter results for 2009 will be held on Wednesday, November 11 at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time).

The third quarter results conference call will be hosted by Scott Jarus, Chief Executive Officer & Chairman, and will include the participation of Ed Jaeger, Founder; Kent Pachl, Executive Vice President of Sales and Marketing; and Thomas Kreig, Senior Vice President of Finance.

To participate in the conference call, interested parties should dial [phone] ten minutes prior to the call. International callers should dial 1+ [phone]. If you are unable to participate in the live call, a replay will be available from November 11 at 7:30 p.m. Eastern Time through 11:59 p.m. Eastern Time on November 25, 2009. To access the replay, dial [phone] (passcode: 4181177). International callers should dial 1+ [phone] and use the same passcode.

The conference call will also be broadcast live over the Internet and can be accessed at http://www.ironclad.com/. For those unable to participate during the live broadcast, the Webcast will be archived on this site through November 25, 2009.

The Company's financial results will be posted online at http://www.ironclad.com/ once they are publicly released.

About Ironclad Performance Wear Corporation

Ironclad, which created the performance work glove category in 1998, continues to leverage its leadership position in the construction and industrial markets through the development and introduction of specialized task-specific gloves for industries such as oil & gas exploration and automotive. With its focus on innovation, design, advanced material science and durability, Ironclad engineers, manufactures, and sells a comprehensive line of task-specific gloves and performance-fabric apparel. Ironclad's products are available at hardware stores, home centers, industrial suppliers, lumberyards, and sporting goods retailers nationwide; and through authorized distributors worldwide.

For more information on Ironclad, please visit http://www.ironclad.com/.

Information about Forward-Looking Statements

This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for Ironclad's products, the introduction of new products, Ironclad's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of Ironclad's liquidity and financial strength to support its growth, and other information that may be detailed from time to time in Ironclad's filings with the United States Securities and Exchange Commission. For a more detailed description of the risk factors and uncertainties affecting Ironclad, please refer to the Company's recent Securities and Exchange filings, which are available at http://www.sec.gov/. Ironclad undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contacts Scott Jarus, CEO [phone] x120

Chris Miller, Director of Marketing [phone] x127

http://www.newscom.com/cgi-bin/prnh/20060511/LATH052LOGO

http://photoarchive.ap.org/

DATASOURCE: Ironclad Performance Wear Corporation

CONTACT: Scott Jarus, CEO, [phone], ext. 120, or Chris Miller,

Director of Marketing, [phone], ext. 127, both of Ironclad Performance

Wear Corporation

Web Site: http://www.ironclad.com/

[*MARINE 1*]

Ironclad Performance Wear and 5.11 Tactical Join Forces to Provide Cutting-Edge Glove Technology to Law Enforcement, Firefighter
Date : 11/02/2009 @ 8:45AM
Source : PR Newswire
Stock : (ICPW)
Quote : 0.11 0.0 (0.00%) @ 2:05AM




Ironclad Performance Wear and 5.11 Tactical Join Forces to Provide Cutting-Edge Glove Technology to Law Enforcement, Firefighter

The Companies Sign a Long-Term Development and Supply Agreement

LOS ANGELES, Nov. 2 /PRNewswire-FirstCall/ -- Ironclad Performance Wear Corporation (OTC:ICPW) (BULLETIN BOARD: ICPW) , a leader in high-performance task-specific gloves and apparel, and 5.11 Tactical®, which creates and distributes products that enhance the safety, accuracy, speed and performance of law enforcement, firefighting, emergency medical and military professionals, today announced that the two companies have entered into a long-term development and supply agreement. The relationship combines the renowned technical glove expertise of Ironclad, with the superior market understanding and distribution capabilities of 5.11 Tactical.

(Logo: http://www.newscom.com/cgi-bin/prnh/20060511/LATH052LOGO)

Under the terms of this development and supply agreement, Ironclad will exclusively design and manufacture the full line of task-specific gloves which will be sold, marketed, and distributed worldwide by 5.11 Tactical. The gloves will carry the 5.11 Tactical brand, and will be further co-branded as "Built Tough By Ironclad(TM)".

"Hand protection and grip enhancement are very important needs for police, fire, first-responders and the military," said Ed Jaeger, Ironclad's founder and head of business development. "By combining Ironclad's technical expertise in designing task-specific gloves across a wide range of industries with 5.11 Tactical's superior understanding of the end-users' needs and industry requirements, we will be bringing the best, most advanced products to this market."

The law enforcement, firefighting, EMS and military markets each have unique requirements that demand creative and highly technical solutions. Gloves for law enforcement require dexterity, breathability and puncture resistance, while gloves for fire fighters must also be fire resistant, heat dissipating and durable.

"5.11 Tactical has always prided itself on developing, producing and selling the best products available for our customers," said Dan Costa, President and CEO of 5.11 Tactical. "We realized that to meet this objective, we needed to partner with the best technical task-specific glove company in the world. We're confident that our customers will find our next generation of gloves vastly superior to anything else on the market."

Design and production of 5.11 Tactical's gloves under this agreement are already underway, and they are expected to be widely available through 5.11 Tactical's dealer network and Website in early 2010.

About Ironclad Performance Wear Corporation

Ironclad, which created the performance work glove category in 1998, continues to leverage its leadership position in the construction and industrial markets through the development and introduction of specialized task-specific gloves for industries, such as oil & gas exploration and automotive. With its focus on innovation, design, advanced material science and durability, Ironclad engineers, manufactures and sells a comprehensive line of task-specific gloves and performance-fabric apparel. Ironclad's products are available at hardware stores, home centers, industrial suppliers, lumber yards, and sporting goods retailers nationwide; and through authorized distributors throughout North America, Europe, Australia and Asia.

For more information on Ironclad, please visit http://www.ironclad.com/.

About 5.11 Tactical

5.11, Inc., doing business as 5.11 Tactical, creates superior products that enhance the safety, accuracy, speed and performance of law enforcement, military and firefighting professionals and sells these products under the registered trademarks, 5.11®, 5.11 Tactical®. 5.11 Tactical Series® and other marks. Built on a foundation of durability, quality and value, 5.11 Tactical leads the industry in delivering functionally innovative gear, head to toe, including tactical clothing, uniforms, outerwear, gloves, footwear, eyewear, duty knives, tactical gear and holsters.

For more information regarding 5.11 Tactical or to locate a local dealer, please visit http://www.511tactical.com/.

Information about Forward-Looking Statements

This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for Ironclad's products, the timing of the introduction of the new products under the development and supply agreement, the acceptance of such products in the market place, Ironclad's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of Ironclad's liquidity and financial strength to support its growth, and other information that may be detailed from time to time in Ironclad's filings with the United States Securities and Exchange Commission. For a more detailed description of the risk factors and uncertainties affecting Ironclad, please refer to the Company's recent Securities and Exchange filings, which are available at http://www.sec.gov/. Ironclad undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contacts

Ironclad Scott Jarus, CEO [phone] x120

Chris Miller, Director of Marketing [phone] x127

5.11 Tactical Albert Audrey, VP of Marketing [phone]

http://www.newscom.com/cgi-bin/prnh/20060511/LATH052LOGO

http://photoarchive.ap.org/

DATASOURCE: Ironclad Performance Wear Corporation

CONTACT: Scott Jarus, CEO, [phone], ext. 120, or Chris Miller,

Director of Marketing, [phone], ext. 127, both of Ironclad; or Albert

Audrey, VP of Marketing of 5.11 Tactical, [phone]

Web Site: http://www.ironclad.com/

http://www.511tactical.com/

[*MARINE 1*]

the revs should be moving up on this with all the conttractors buying the gear nowa days!!

any news here?

[di4]

Ironclad Performance Wear Reports First Quarter 2009 Results
May 13, 2009 4:05:00 PM


Email Story Discuss on ZenoBank

View Additional ProfilesNet Sales Increase 36% and Operating Expenses Decline 27%


LOS ANGELES, May 13 /PRNewswire-FirstCall/ -- Ironclad Performance Wear Corporation (OTC Bulletin Board: ICPW), a leader in high-performance gloves and apparel, today announced financial results for the three months ended March 31, 2009.


(Logo: http://www.newscom.com/cgi-bin/prnh/20060511/LATH052LOGO)


First Quarter 2009 Results

Net sales increased 36% for the first quarter of 2009 to $2.5 million, compared to net sales of $1.9 million from the corresponding period in 2008. This increase is the result of continued strength in Ironclad's industrial sales channel, as well as increased international sales.


Ironclad's first quarter 2009 gross margin decreased to 36.1% versus 42.9% for the same period last year, due in large part to two factors: (i) several one-time favorable adjustments in the prior year that increased gross margin in 2008 by approximately 3.4%, and (ii) unforeseen rebate adjustments in 2009 pertaining to 2008 sales contracts and a pricing adjustment on a 2008 invoice, all of which decreased gross margin by approximately 2.6% in the current period.


Operating expenses decreased by 26.9% during the first quarter of 2009 to $1.40 million, compared to $1.92 million in the prior year period. These savings are a direct result of a continuing focus throughout the Company on cost containment and control, as well as a rationalization of general operating expenses to match sales.


First quarter net loss decreased to $521,000 compared to a net loss of $1.15 million in the prior year period. The significant reduction in net loss in the first quarter of 2009 is a reflection of Ironclad's on-going efforts toward building a sustainably profitable business in the near-term.


Basic and diluted net loss per share for the first quarter of 2009 were $(0.01) on a weighted average common shares outstanding of 60.9 million, compared to a net loss of $(0.03) on a weighted average common shares outstanding of 35.4 million in the prior year period.


"Despite the continuing world economic slump, Ironclad continues to see growth through its industrial channels, both domestically and internationally," said Scott Jarus, Chairman and Interim CEO of Ironclad Performance Wear. "In 2009, we have seen penetration into new industrial channels, as well as an increased focus on safety within various industries and large companies. This has translated into growing penetration of Ironclad gloves through our distributors."


Balance Sheet Highlights

Cash at March 31, 2009, was $616,000 compared to $215,000 in the prior year period. Inventory and deposits on inventory were $3.66 million at March 31, 2009, compared to $3.40 million in the prior year period, primarily reflecting an increase in deposits on inventory in production. Net working capital at March 31, 2009, was $3.15 million compared to $2.04 million in the prior year period. Ironclad had $1.36 million outstanding on its line of credit as of March 31, 2009, compared to $1.60 million at March 31, 2008. Warrant liability as of March 31, 2009 was $4,048 compared to $- 0 - on March 30, 2008.


Outlook for Full-Year 2009

Due to the economic uncertainty of world markets, Ironclad is not in a position to provide specific financial guidance for 2009. However, the Company has set a goal to achieve break-even for 2009 on operating net income less all non-cash expenses, which, if achieved, will be the first such attainment in the Company's history.


Mr. Jarus commented, "Surprisingly, the biggest challenge facing Ironclad in 2009 is not a weakening of product demand. To the contrary, it is a struggle with cash flow to fulfill the increasing demand for products requested by our customers. We are cautiously optimistic that we'll be able to meet these needs, while achieving our financial goal for the year."


First Quarter 2009 Financial Results Conference Call

Ironclad Performance Wear will hold its first quarter 2009 financial results conference call on Wednesday, May 13, 2009 at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). To participate in the conference call, interested parties should dial [phone] ten minutes prior to the call. International callers should dial 1+ [phone]. If you are unable to participate in the live call, a replay will be available through Wednesday, May 27, 2009. To access the replay, dial [phone] (passcode: 4067196). International callers should dial 1+ [phone] and use the same passcode.


In addition, the conference call will also be broadcast live over the Internet and can be accessed at www.ironclad.com. For those unable to participate during the live broadcast, the Webcast will be archived on this site for two weeks.


About Ironclad Performance Wear Corporation

Ironclad, which created the performance work glove category in 1998, continues to leverage its leadership position in the construction and industrial markets through the development and introduction of specialized task-specific gloves for industries such as oil & gas exploration and automotive. With its focus on innovation, design, advanced material science and durability, Ironclad engineers, manufactures, and sells a comprehensive line of task-specific gloves and performance-fabric apparel. Ironclad's products are available at hardware stores, home centers, industrial suppliers, lumberyards, and sporting goods retailers nationwide; and through authorized distributors worldwide.


For more information on Ironclad, please visit www.ironclad.com.


Information about Forward-Looking Statements

This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for Ironclad's products, the introduction of new products, Ironclad's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of Ironclad's liquidity and financial strength to support its growth, and other information that may be detailed from time to time in Ironclad's filings with the United States Securities and Exchange Commission. For a more detailed description of the risk factors and uncertainties affecting Ironclad, please refer to the Company's recent Securities and Exchange Commission filings, which are available at www.sec.gov. Ironclad undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


Contacts
Scott Jarus, (Interim) CEO
[phone] x120

Chris Miller, Director of Marketing
[phone] x127


Ironclad Performance Wear Corp.
CONSOLIDATED BALANCE SHEETS

March 31, 2009 December 31, 2008
ASSETS
Current Assets
Cash and cash equivalents $615,924 $215,203
Accounts receivable net
of allowance for
doubtful accounts of
$65,000 and $60,000 1,423,685 1,705,435
Inventory 3,658,234 3,404,567
Prepaid and other 139,428 115,400

Total current assets 5,837,271 5,440,605

Property, Plant and equipment
Computer equipment and software 202,853 200,932
Vehicle 43,680 43,680
Office equipment and furniture 143,755 143,478
Leasehold improvements 36,934 36,934
Less: accumulated amortization (274,967) (252,650)

Total property, plant and
equipment 152,255 172,374

Trademarks, net of
accumulated amortization
of $14,073 and $9,306 93,116 94,312
Deposits 11,630 11,354

Total Assets $6,094,272 $5,718,645

LIABILITIES &
STOCKHOLDERS' EQUITY
Current Liabilities
Accounts payable and
accrued expenses $1,329,146 $1,799,020
Line of credit 1,362,391 1,599,300
Current portion of
capital lease - -

Total current liabilities 2,691,537 3,398,320

Long Term Liabilities
Fair value of warrant
liability 4,048 2,097

Total Liabilities 2,695,585 3,400,417

Stockholders' Equity
Common stock, $.001 par
value; 172,744,750 million
shares authorized;
42,803,487 and 35,389,504
shares issued and
outstanding 72,951 42,804

Additional paid in
capital 17,494,641 15,922,832
Accumulated deficit (14,168,905) (13,647,408)

Total Stockholders' Equity 3,398,687 2,318,228

Total Liabilities &
Stockholders' Equity $6,094,272 $5,718,645

Ironclad Performance Wear Corp.
CONSOLIDATED STATEMENTS OF OPERATIONS

Three Months Ended Three Months Ended
March 31, 2009 March 31, 2008

REVENUES
Net sales $2,517,175 $1,851,103

COST OF SALES
Cost of sales 1,609,059 1,057,106

GROSS PROFIT 908,116 793,997

OPERATING EXPENSES
General and administrative 548,523 678,279
Sales and marketing 577,260 899,031
Research and development 91,960 104,914
Purchasing, warehousing and
distribution 161,636 212,934
Depreciation and amortization 23,513 24,031

Total Operating Expenses 1,402,892 1,919,189

LOSS FROM OPERATIONS (494,776) (1,125,192)

OTHER INCOME(EXPENSE)
Interest expense (23,793) (35,017)
Interest income 222 3,235
Change in fair value of warrant
liability (1,951) -
Unrealized gain (loss) on
financings activities - (3,090)
Other income(expense), net 269 9,014

Total Other Income(Expense), Net (25,253) (25,858)

NET LOSS BEFORE INCOME TAXES (520,029) (1,151,050)

PROVISION FOR (BENEFIT FROM)
INCOME TAXES 1,466 810

NET LOSS $(521,495) $(1,151,860)

BASIC AND DILUTED NET LOSS
PER COMMON SHARE $(0.01) $(0.03)

WEIGHTED AVERAGE COMMON SHARES
OUTSTANDING 60,892,105 35,389,504



SOURCE Ironclad Performance Wear Corporation



----------------------------------------------
Scott Jarus
(Interim) CEO
[phone]
ext. 120
or Chris Miller
Director of Marketing
[phone]
ext. 127
both of Ironclad Performance Wear Corporation

[di4]

Ironclad Performance Wear Introduces Snap-on(R) Branded Performance Work Gloves
May 7, 2009 8:45:00 AM


Email Story Discuss on ZenoBank

View Additional ProfilesPartnership leverages Ironclad's technical work glove leadership with Snap-on's reputation and brand recognition.


LOS ANGELES, May 7 /PRNewswire-FirstCall/ -- Ironclad Performance Wear Corporation (OTC Bulletin Board: ICPW), a leader in high-performance gloves and apparel, announced today the execution of a license agreement with Snap-on, whereby Ironclad will design, manufacture and market a line of Snap-on branded technical work gloves available through auto parts, hardware and other specialty stores nationwide.


(Logo: http://www.newscom.com/cgi-bin/prnh/20060511/LATH052LOGO)


"Snap-on has built a stellar reputation by providing the very best tool and equipment products for professionals and consumers since 1920," said Ed Jaeger, Founder and Chief Marketing Officer of Ironclad. "Combined with Ironclad's position as the leader in performance work gloves, this partnership represents a terrific opportunity for both companies and the consumer."


Snap-on, one of the most prestigious tool brands in the world, stands for innovation, high-quality products, and best-in-class service. Through this licensing program with Ironclad, Snap-on will extend its reputation into new aspects of the DIYs, enthusiasts, and professional contractors' lives.


The first Snap-on glove styles, built tough by Ironclad(TM), will be available during the second half of 2009, with a full-line of high performance gloves to follow shortly thereafter.


About Ironclad Performance Wear Corporation

Ironclad, which created the performance work glove category in 1998, continues to leverage its leadership position in the construction and industrial markets through the development and introduction of specialized task-specific gloves for industries such as oil & gas exploration and automotive. With its focus on innovation, design, advanced material science and durability, Ironclad engineers, manufactures, and sells a comprehensive line of task-specific gloves and performance-fabric apparel. Ironclad's products are available at hardware stores, home centers, industrial suppliers, lumberyards, and sporting goods retailers nationwide; and through authorized distributors worldwide.


For more information on Ironclad, please visit www.ironclad.com.


About Snap-on Incorporated

Snap-on Incorporated is a leading global innovator, manufacturer and marketer of tools, diagnostics, equipment, software and service solutions for professional users. Products and services include hand and power tools, tool storage, diagnostics software, information and management systems, shop equipment and other solutions for vehicle dealerships and repair centers, as well as customers in industry, government, agriculture, aviation and natural resources. Products and services are sold through the company's franchisee, company-direct, distributor and Internet channels. Founded in 1920, Snap-on is a $2.9 billion, S&P 500 company headquartered in Kenosha, Wisconsin.


For more information on Snap-on, please visit www.snapon.com.


Information about Forward-Looking Statements

This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for Ironclad's products, the introduction of new products, Ironclad's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of Ironclad's liquidity and financial strength to support its growth, and other information that may be detailed from time to time in Ironclad's filings with the United States Securities and Exchange Commission. For a more detailed description of the risk factors and uncertainties affecting Ironclad, please refer to the Company's recent Securities and Exchange filings, which are available at www.sec.gov. Ironclad undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


Contacts
Ed Jaeger, CMO
[phone] x106

Chris Miller, Director of Marketing
[phone] x127




SOURCE Ironclad Performance Wear Corporation



----------------------------------------------
Ed Jaeger
CMO
[phone]
ext. 106
or Chris Miller
Director of Marketing
[phone]
ext. 127
both of Ironclad Performance Wear Corporation

[di4]

Ironclad Performance Wear to Report First Quarter 2009 Financial Results; Announces Changes to Executive Management
May 6, 2009 8:45:00 AM


Email Story Discuss on ZenoBank

View Additional ProfilesScott Jarus, Chairman, Named Interim CEO; Ed Jaeger, Founder, Named CMO


LOS ANGELES, May 6 /PRNewswire-FirstCall/ -- Ironclad Performance Wear Corporation (OTC Bulletin Board: ICPW), a leader in high-performance gloves and apparel, announced that it will report its financial results for the first quarter ended March 31, 2009 after the close-of-market on Wednesday, May 13, 2009.


(Logo: http://www.newscom.com/cgi-bin/prnh/20060511/LATH052LOGO)


A conference call to discuss the first quarter results for 2009 will be held on Wednesday, May 13th at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time).


Additionally, the Company announced today that Scott Jarus, Ironclad's Chairman, has been named Interim Chief Executive Officer; and that Ed Jaeger, the Company's founder is now Ironclad's Chief Marketing Officer. Additional information regarding these changes will be discussed during the May 13th conference call.


The first quarter results conference call will be hosted by Scott Jarus, and will include the participation of Ed Jaeger, Kent Pachl, Executive Vice President of Sales and Marketing, and Thomas Kreig, Senior Vice President of Finance.


To participate in the conference call, interested parties should dial [phone] ten minutes prior to the call. International callers should dial 1+ [phone]. If you are unable to participate in the live call, a replay will be available through May 27, 2009. To access the replay, dial [phone] (passcode: 4067196). International callers should dial 1+ [phone] and use the same passcode.


The conference call will also be broadcast live over the Internet and can be accessed at www.ironclad.com. For those unable to participate during the live broadcast, the Webcast will be archived on this site through May 27, 2009.


The Company's financial results will be posted online at www.ironclad.com once they are publicly released.



About Ironclad Performance Wear Corporation

Ironclad, which created the performance work glove category in 1998, continues to leverage its leadership position in the construction and industrial markets through the development and introduction of specialized task-specific gloves for industries such as oil & gas exploration and automotive. With its focus on innovation, design, advanced material science and durability, Ironclad engineers, manufactures, and sells a comprehensive line of task-specific gloves and performance-fabric apparel. Ironclad's products are available at hardware stores, home centers, industrial suppliers, lumberyards, and sporting goods retailers nationwide; and through authorized distributors worldwide.


For more information on Ironclad, please visit www.ironclad.com.


Information about Forward-Looking Statements

This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for Ironclad's products, the introduction of new products, Ironclad's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of Ironclad's liquidity and financial strength to support its growth, and other information that may be detailed from time to time in Ironclad's filings with the United States Securities and Exchange Commission. For a more detailed description of the risk factors and uncertainties affecting Ironclad, please refer to the Company's recent Securities and Exchange filings, which are available at www.sec.gov. Ironclad undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.



Contacts
Scott Jarus, (Interim) CEO
[phone] x120

Chris Miller, Director of Marketing
[phone] x127




SOURCE Ironclad Performance Wear Corporation



----------------------------------------------
Scott Jarus
(Interim) CEO
[phone] x120; or Chris Miller
Director of Marketing
[phone] x127
both of Ironclad Performance Wear Corporation