UNISYNC AWARDED CANADIAN COAST GUARD MANAGED SERVICES CONTRACT
March 12 2020 - 12:58PM
Unisync Corp. (TSX: "UNI") (“Unisync") is pleased
to announce that Public Works and Government Services Canada has
awarded a long-term Managed Clothing Solution Contract (“MCSC”) to
its wholly owned subsidiary, Unisync Group Limited (“UGL”), for the
provision of uniforms and related accessories to the Canadian Coast
Guard, a Special Operating Agency under the umbrella of Fisheries
and Oceans Canada. This contract involves the provision of uniforms
and related accessories, and management services including but not
limited to uniform design, manufacturing, inventory management and
warehousing, ordering, distribution and on-line web-based ordering
and program data management services. The MCSC, which is for an
initial term of three years with two two-year extension options, is
estimated initially at $1.6 million per annum.
The Canadian Coast Guard (“CCG”) helps ensure
the security and prosperity of Canada by providing essential
services to the marine community. These services include waterways
management, aids to navigation, search and rescue, environmental
response, icebreaking (escort and flood control) and marine
communications and traffic services. The CCG also plays an
important role in maritime security and provides and operates the
federal government’s civilian fleet. It is a significant symbol of
Canadian Sovereignty, especially in remote northern areas. The CCG
carries out its responsibilities with a workforce of
approximately 6,000 employees, including
approximately 3,500 uniformed personnel who provide
services at approximately 107 staffed shoreside locations, aboard
118 ships and 4 Air Cushion Vehicles, numerous smaller vessels and
22 Helicopters.
ABOUT UNISYNC
Unisync is a broad-based vertically integrated
North American enterprise with exceptional capabilities in garment
design, domestic manufacturing, and off-shore outsourcing,
including state-of-the-art web based B2B ordering, distribution,
and program management systems. Unisync operates through two
business units: UGL and Peerless Garments LP (“Peerless”).
UGL provides full-service, managed apparel
programs for major corporations and government-related entities
through operations across Canada and has recently expanded into the
US marketplace through the establishment of a 45,000 sq. ft.
distribution and service facility in Henderson, Nevada, and a sales
and service facility in Lakewood, New Jersey. The Nevada facility
is now staffed and distributing new uniforms for the launch of its
first major US based airline account which is currently rolling out
its new designs to employees. UGL’s customer base includes a broad
list of North American iconic brands as well as municipal and
provincial agencies across
Canada.
Winnipeg based Peerless specializes in the manufacturing and
distribution of highly technical protective garments, military
operational clothing, and accessories for a broad spectrum of
Federal, Provincial and Municipal government agencies in
Canada.
For more information on our capabilities,
products and services please visit the Unisync website at
www.unisyncgroup.com .
On Behalf of the Board of Directors
Matthew Graham,
CEO
Investor relations
contact: Douglas F
Good
778-370-1725 or Email dgood@unisyncgroup.com
Forward Looking StatementsThis
news release may contain forward-looking statements that involve
known and unknown risk and uncertainties that may cause the
Company’s actual results, performance or achievements to be
materially different from any future results, performance or
achievements expressed or implied in these forward-looking
statements. Any forward-looking statements contained herein are
made as of the date of this news release and are expressly
qualified in their entirety by this cautionary statement.
Except as required by law, the Company undertakes no obligation to
publicly update or revise any such forward-looking statements to
reflect any change in its expectations or in events, conditions or
circumstances on which any such forward-looking statements may be
based, or that may affect the likelihood that actual results will
differ from those set forth in the forward-looking statements.
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