Pacific Safety Products Inc. Receives Contract Extension Valued at $660,000
FEB 6, 2008 - 06:00 ET
KELOWNA, BRITISH COLUMBIA--(Marketwire - Feb. 6, 2008) - Pacific Safety Products Inc. (TSX VENTURE:PSP), a leading Canadian manufacturer of armored products, today announced it has been awarded a contract extension for the production of ballistic solutions by a government agency. This new order is in addition to a contract previously announced in 2006. Production and delivery will be spread out over the next 4 months. The revised value of this contract is now over $2.7 million.
"This additional order further strengthens our strong relationship we have developed with this customer. We are encouraged by the continuing demand for Pacific Safety Products' body armor products," stated David Scott, PSP's Chief Executive Officer. Customers of PSP include Defence, Security and Law Enforcement agencies. For reasons associated with the unique role our customers play in protecting citizens, the Company is not always at liberty to disclose their identity.
