Lamperd Less Lethal Inc (LLLI)

[ProfitScout]

Lamperd Less Lethal Receives Letter of Intent for U.S. Distribution of Defender Products to Police and Military Agencies; First Shipments Expected in 30 to 60 Days

Lamperd Less Lethal, Inc. ( LLLI ) announced today the receipt of a letter of intent from Taylor's & Company, Inc. of Winchester, Virginia to establish non-exclusive U.S. sales and distribution of the Lamperd Less Lethal Defender and MPK firearms and ammunition system, including Lamperd's patented WASP(TM) less-lethal blunt impact round.

The letter of intent specifies that Taylor's & Company plans to market Lamperd Less Lethal products through its nationwide network of over 6,000 firearms dealers and distributors, targeting its existing and future law enforcement and military clients.

Taylor's & Company currently distributes products from a variety of well-known, well-regarded firearms manufacturers. Lamperd's products will be the first less-lethal/non-lethal arms the company offers. The decision to begin marketing the Lamperd Less Lethal system was made after product tests satisfied company officials that the efficacy and versatility of the Defender firearm and WASP round had strong market potential in the United States.

Taylor's & Company has indicated that it holds in good standing the necessary FLL license to import and distribute firearms in the United States and will be applying for additional licenses needed for the full range of marketing opportunities it will pursue with the Lamperd Less Lethal system. First shipments of Lamperd Less Lethal products are expected to take place in the next 30 to 60 days.

Barry Lamperd, President of Lamperd Less Lethal, reports that, "Taylor's & Company should become an important part of our export plans to U.S. law enforcement and military markets. Over the last few months, we've made significant progress ramping up to large scale manufacturing of the Lamperd Less Lethal system. Distributors with well established networks like Taylor's & Company will help us achieve the growth we forecast in the coming months and years."

About Lamperd Less Lethal Inc.

Founded in 1994, Lamperd Less Lethal is a multi-national supplier of less-lethal weapons and safety equipment to police, government, and military agencies. It currently manufactures more than 250 different products ranging from body protective gear to blunt impact weapons systems. These weapon systems are being positioned in the market as the newest generation of less-lethal weapons suitable for use in a wide range of challenging circumstances, including urban warfare, counter-terrorism, law enforcement, and public security. Lamperd Less Lethal is a certified supplier of law enforcement products for the USA, Canada, and NATO.

Visit the Lamperd Less Lethal, Inc. website at http://www.lamperdlesslethal.com/

SOURCE: Lamperd Less Lethal Inc.

Lamperd Less Lethal Inc.
Investor Relations
Barry Lamperd, 519-344-4445
[e-mail]

Copyright Business Wire 2005