Trooperstocks
6 days ago
$BLIS NEWS: NAPC Defense and Lamperd Less Lethal form Partnership for Security Products Marketing in The USA and Worldwide
NAPC Defense, Inc.
Tue, October 29, 2024 at 8:05 AM EDT 5 min read
In This Article:
LLLI
+50.00%
BLIS
+0.90%
Lamperd less lethal products
Lamperd offers a range of less lethal options so officers can have the right tool for every job
LARGO, Fla., Oct. 29, 2024 (GLOBE NEWSWIRE) -- NAPC Defense, Inc. (OTC PINK:BLIS) (“NAPC” or “the Company”), a licensed broker of munitions and military and enforcement, for military and law enforcement worldwide, today announces the signing of a new Master Distributor agreement with Lamperd Less Lethal, Inc. (OTC Pink: LLLI) (“Lamperd”). This agreement shall be for sales and distribution of the full Lamperd product line and training services to law enforcement, military and other government authorized agencies in the USA and other countries where NAPC Defense has established customer relations.
Lamperd has been assigned a NATO Commercial and Government Entity (NCAGE) Code, which enables it to sell military supplies to any NATO member country, and a Federal Business Firearms License for the manufacture, repair, storage, import, export and sale of virtually any manner of firearms and ammunition. Lamperd is one of only a very few manufacturers of less-lethal munitions in the world to receive these approvals.
NAPC Defense is licensed and approved to broker munitions and military hardware already produced and in inventory at various locations worldwide. NAPC benefits from the ability to bid and win contracts that are set aside in the Defense industry from a vast knowledge of Government Contracting. NAPC is brokering multiple munitions and military hardware items that are of interest to Allied and NATO forces in the Ukraine and the Middle East, which also require U.S. State Department approval.
NAPC was founded by a Service-Disabled Veteran. Registered with the Directorate of Defense Trade Controls, the company has team members experienced in all areas of ammunition, weapons, platforms, and airframe lifecycle management from mission need through demilitarization. NAPC utilizes a Quality Management philosophy that is derived from ISO 9001:2008. The organization tailored its philosophy to ensure that Customer quality initiatives are included in the Company’s day-to-day business processes. The team members are knowledgeable with all current initiatives related to US military specification ammunition and weapons to include the latest critical safety characteristic control planning and Material Readiness Assessment and Planning initiatives.
The NAPC security products portfolio currently includes: Small Arms Weapons, Ammunition, Visual Augmentation, Jamming Equipment, NIJ Certified Body Armor, Drones, Cornershot, Zero Click and more. With the signing of the new Lamperd distribution agreement, NAPC Defense will now be able to add the option of Less Lethal solutions to its product offerings which had previously been absent.
Stephen Gurba, President of NAPC Defense stated, “We are exceptionally pleased to have reached an agreement to add the extensive and versatile Lamperd line of less lethal security products to our marketing catalog. In researching the less lethal field we realized that the Lamperd line offers the widest selection, greatest versatility and highest quality solutions for our USA and global customers to possess a capability to effectively deal with increasing riots and other public order crisis with the lowest risk of harm or death to everyone on both sides. We intend to introduce the Lamperd Less Lethal product line to many prospective customers, beginning immediately.”
Barry Lamperd, CEO of Lamperd Less Lethal, commented, “Our entire product development, manufacturing, delivery and training staff are ready to support NAPC Defense with our full commitment in swiftly fulfilling all orders that their marketing program brings to us. To ensure the highest quality control and the quickest delivery times, all our manufacturing is done in-house with raw materials obtained from well established local suppliers. The Lamperd management team is also well versed in dealing with government agencies to obtain the necessary permits for the most efficient delivery to clients in every part of the world.”
About Lamperd Less Lethal:
Lamperd Less Lethal, Inc. is a developer, manufacturer and international sales company for advanced less lethal weapons, ammunition and other security products marketed to police, correctional, military and private security forces. The company manufactures and sells over 300 different products including small & large caliber projectile guns, flash-bang devices, pepper spray devices, 12 Gauge, 37mm & 40mm launching systems and a variety of different riot shields. Lamperd also offers advisory services and hands-on training classes run by highly accredited instructors. For more information on Lamperd Less Lethal, Inc. visit: http://www.lamperdlesslethal.com
About NAPC Defense:
NAPC Defense, Inc. is an armament sales and production company, fully licensed in the United States, with exclusive rights to produce and sell CornerShot USA weapons systems in the U.S and Saudi Arabia, in addition to brokering arms and munitions throughout the world all with US State Department approval. Additional smaller weapons platforms, a series of ballistics protection technologies and related products are in development or being finalized for sale. For more information on NAPC Defense, Inc. visit: https://www.napcdefense.com/
FORWARD LOOKING STATEMENTS:
This press release and the statements of representatives of NAPC Defense, Inc. (the "Company") related thereto contain, or may contain, among other things, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including any other statements of non-historical information.
These forward-looking statements are subject to significant known and unknown risks and uncertainties and are often identified by the use of forward-looking terminology such as "guidance," "projects," "may," "could," "would," "should," “believes," "expects," "anticipates,” “estimates," "intends," "plans, “ultimately" or similar expressions. All forward-looking statements involve material assumptions, risks and uncertainties, and the expectations contained in such statements may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results (including, without limitation, NAPC's ability to advance its business, generate revenue and profit and operate as a public company) could differ materially from those stated or anticipated in these forward-looking statements as a result of a variety of factors, including factors and risks discussed in the periodic reports that the Company files with the SEC. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. The Company undertakes no duty to update these forward-looking statements except as required by law.
COMPANY CONTACT:
Kenny West, CEO (754) 242-6272 Ext.713
Trooperstocks
1 week ago
$BLIS NEWS: NAPC Defense (OTCPK: BLIS) to Demonstrate Corner Shot and Attend SWAT Round-Up 2024 as a Convention Exhibitor
NAPC Defense, Inc.
Fri, October 25, 2024 at 8:05 AM
In This Article: BLIS
The Company Plans to Meet with leading SWAT Team Members, Law Enforcement Officers, Military Personnel, and other Industry Experts
LARGO, Fla., Oct. 25, 2024 (GLOBE NEWSWIRE) -- NAPC Defense, Inc., (OTCPK: BLIS) (“NAPC” or “the Company”) announced today that the Company will attend the 2024 SWAT Round-Up International Convention, in Orlando, Florida.
The Company will showcase its one-of-a-kind Corner Shot apparatus, the Scorpion apparatus, and its Extremis lightweight superior body armor, in booth number 103, where it will host attendees and visitors on October 29 and 30, from 9 a.m. to 5 p.m., and October 31, from 9 a.m. to12 noon. NAPC will also highlight Corner Shot’s features and benefits in live fire and tactical skills demonstrations.
NAPC Corner Shot
Kenny West, CEO of NAPC, commented, “SWAT Round-Up 2024 is the premier law enforcement event to display Corner Shot and present advanced tactics to a diverse audience of law enforcement and military personnel, from around the world, who share our mission. It’s a pivotal platform to squeeze nearly a year’s worth of firsthand demonstrations in a few days. We look forward to engaging with these dedicated industry professionals who value cutting-edge tools that enhance performance and save lives.”
NAPC Extremis System
The 2024 SWAT Round-Up International Convention is the fortieth anniversary of one of the largest and most influential security events of its kind.
NAPC’s Management Team to hand out commemorative coins to Law Enforcement and Military Personnel, at SWAT Round-Up 2024, to show the Company’s appreciation for their hard work, dedication and countless sacrifice for serving the people of this great nation.
About SWAT Round-Up 2024
More than just a training event or pulse-pounding competition, SWAT Round-Up is a sum that is greater than its parts. Ultimately it is an opportunity for operators across the globe to come together as one to learn from each other. The brotherhood you share with your teammates will extend to your fellow operators as you train, compete and cheer each other on. The relationships you form here will be based on your shared values of loyalty, bravery and dedication to saving lives and these bonds will last your lifetime.
The training and education program is a vital component of the SWAT Round-Up International experience. Training is conducted by nationally renowned instructors and will include numerous relevant courses for SWAT and ERTs. No other venue offers an equal gathering of distinguished experts.
Each of the five Round-Up competition events should be considered a training opportunity. These events are geared for simulation of real life scenarios and are intended to challenge the team as a unit. Optional events emphasize weapon expertise and physical fitness.
Others may attempt to emulate the SWAT Round-Up International experience, but there is no equal.
About NAPC Defense, Inc.
NAPC Defense, Inc. (www.napcdefense.com) is an armament sales and production company, fully licensed in the United States, with exclusive rights to produce and sell CornerShot USA weapons systems in the U.S and Saudi Arabia, in addition to brokering arms and munitions throughout the world all with US State Department approval. Additional smaller weapons platforms, a series of ballistics protection technologies and related products are in development or being finalized for sale.
FORWARD LOOKING STATEMENTS:
This press release and the statements of representatives of NAPC. (the "Company") related thereto contain, or may contain, among other things, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including any other statements of non-historical information.
These forward-looking statements are subject to significant known and unknown risks and uncertainties and are often identified by the use of forward-looking terminology such as "guidance," "projects," "may," "could," "would," "should," “believes," "expects," "anticipates,” “estimates," "intends," "plans, “ultimately" or similar expressions. All forward-looking statements involve material assumptions, risks and uncertainties, and the expectations contained in such statements may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results (including, without limitation, NAPC's ability to advance its business, generate revenue and profit and operate as a public company) could differ materially from those stated or anticipated in these forward-looking statements as a result of a variety of factors, including factors and risks discussed in the periodic reports that the Company files with the SEC. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. The Company undertakes no duty to update these forward-looking statements except as required by law.
COMPANY CONTACT:
Kenny West, CEO (754) 242-6272 Ext.713
Trooperstocks
2 weeks ago
$BLIS NEWS: NAPC Defense (OTCPK: BLIS) Awarded in Excess of $1 Million in Clean-up Contracts following Hurricanes Helene and Milton
NAPC Defense, Inc.
Thu, October 24, 2024 at 8:05 AM EDT
The Company is Working on Additional Potential Restoration and Clean-up Contracts
LARGO, Fla., Oct. 24, 2024 (GLOBE NEWSWIRE) -- NAPC Defense, Inc., (OTCPK: BLIS) (“NAPC” or “the Company”) announced today that the Company has received in excess of $1 million in new orders for support in the clean-up efforts from hurricanes Helene and Milton.
NAPC Defense, Inc.
The work included in today’s contract is scheduled to be completed the next 60-90 days and is important part of restoring the communities in which the Company operates.
The Company has another $2 million in pending awards for additional construction and clean-up in the Tampa Bay area.
NAPC anticipates that this type of work will continue for at least 3 more years.
Kenny West, CEO of NAPC, stated, “The clean-up and rebuild of the Tampa Bay area, following these devastating storms, has left many people in need of our services and we are doing all we can to support our neighbors with quality services, as we have for 9 years. I thank our dedicated team members for rallying to help us in our mission to restore our community.”
About NAPC Defense, Inc.
NAPC Defense, Inc. (www.napcdefense.com) is an armament sales and production company, fully licensed in the United States, with exclusive rights to produce and sell CornerShot USA weapons systems in the U.S. and Saudi Arabia, in addition to brokering arms and munitions throughout the world all with US State Department approval. Additional smaller weapons platforms, a series of ballistics protection technologies and related products are in development or being finalized for sale.
FORWARD LOOKING STATEMENTS:
This press release and the statements of representatives of NAPC. (the “Company”) related thereto contain, or may contain, among other things, “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are “forward-looking statements,” including any other statements of non-historical information.
These forward-looking statements are subject to significant known and unknown risks and uncertainties and are often identified by the use of forward-looking terminology such as “guidance,” “projects,” “may,” “could,” “would,” “should,” “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “ultimately” or similar expressions. All forward-looking statements involve material assumptions, risks and uncertainties, and the expectations contained in such statements may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results (including, without limitation, NAPC's ability to advance its business, generate revenue and profit and operate as a public company) could differ materially from those stated or anticipated in these forward-looking statements as a result of a variety of factors, including factors and risks discussed in the periodic reports that the Company files with the SEC. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. The Company undertakes no duty to update these forward-looking statements except as required by law.
COMPANY CONTACT:
Kenny West, CEO (754) 242-6272 Ext.713
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/a1879197-c710-4e04-bf9d-eb5c83d5e5d5
https://www.globenewswire.com/NewsRoom/AttachmentNg/6a2d8fbd-10e0-46a3-810b-1f6aa1bdff2e
https://www.globenewswire.com/NewsRoom/AttachmentNg/07a766d4-5c91-4dbc-b69b-fc26e63225d7
https://www.globenewswire.com/NewsRoom/AttachmentNg/3277c3ec-88ed-42f2-929b-084d919fe354
AveragePenny
2 weeks ago
$BLIS NAPC Defense, Inc. (OTCPK: BLIS) issues Progress Report regarding Large Contract with Saudi Arabia
https://www.globenewswire.com/en/news-release/2024/10/22/2966948/0/en/NAPC-Defense-Inc-OTCPK-BLIS-issues-Progress-Report-regarding-Large-Contract-with-Saudi-Arabia.html
LARGO, Fla., Oct. 22, 2024 (GLOBE NEWSWIRE) -- NAPC Defense, Inc., (OTCPK: BLIS) (“NAPC” or “the Company”) announces that representatives recently returned from an additional two weeks of meetings and CornerShot USA weapons systems demonstrations in Saudi Arabia. As previously announced, NAPC received a signed and stamped LOI from Saudi Arabia for an initial order of 37,000 units of the CornerShot, valued at (U.S.) $370 million.
Management is pleased to report the following updates:
During the most recent two-week trip in Saudi Arabia, NAPC representatives successfully demonstrated CornerShot at the Tabuk military installation in northern Saudi Arabia to four military groups.
Two more demonstrations are scheduled in November for two special operations military groups in Saudi Arabia.
The proposed final contract is expected to include a transfer of technology after completion of the initial order of 37,000 CornerShot units. NAPC Defense would receive a significant fee to complete the transfer over a five-year time frame.
Management is pleased with progress of its negotiations with Saudi Arabia and maintains its business plans are on track for CornerShot as well as new brokered defense transactions.
NAPC Defense also plans to attend the upcoming National SWAT Team show https://www.floridaswat.org/swat-round-up-international and has secured Booth #103. The address for the event follows: OCSO Range – 14500 Wewahootee Rd, Orlando, FL 32832.
Live fire demonstrations for a number of police departments are anticipated in Florida and New Jersey over the near term which, in turn, is expected to yield significant sales in the first quarter of 2025.
Kenny West, CEO of NAPC, stated, “We are pleased with our progress with the CornerShot USA Weapons Systems in both Saudi Arabia and the USA. Our sales projections and net profit forecasts remain on target for 2025.”
ProfitScout
2 weeks ago
$BLIS News, October 22, 2024: NAPC Defense, Inc. (OTCPK: BLIS) issues Progress Report regarding Large Contract with Saudi Arabia
LARGO, Fla., Oct. 22, 2024 (GLOBE NEWSWIRE) -- NAPC Defense, Inc., (OTCPK: BLIS) (“NAPC” or “the Company”) announces that representatives recently returned from an additional two weeks of meetings and CornerShot USA weapons systems demonstrations in Saudi Arabia. As previously announced, NAPC received a signed and stamped LOI from Saudi Arabia for an initial order of 37,000 units of the CornerShot, valued at (U.S.) $370 million.
Management is pleased to report the following updates:
During the most recent two-week trip in Saudi Arabia, NAPC representatives successfully demonstrated CornerShot at the Tabuk military installation in northern Saudi Arabia to four military groups.
Two more demonstrations are scheduled in November for two special operations military groups in Saudi Arabia.
The proposed final contract is expected to include a transfer of technology after completion of the initial order of 37,000 CornerShot units. NAPC Defense would receive a significant fee to complete the transfer over a five-year time frame.
Management is pleased with progress of its negotiations with Saudi Arabia and maintains its business plans are on track for CornerShot as well as new brokered defense transactions.
NAPC Defense also plans to attend the upcoming National SWAT Team show https://www.floridaswat.org/swat-round-up-international and has secured Booth #103. The address for the event follows: OCSO Range – 14500 Wewahootee Rd, Orlando, FL 32832.
Live fire demonstrations for a number of police departments are anticipated in Florida and New Jersey over the near term which, in turn, is expected to yield significant sales in the first quarter of 2025.
Kenny West, CEO of NAPC, stated, “We are pleased with our progress with the CornerShot USA Weapons Systems in both Saudi Arabia and the USA. Our sales projections and net profit forecasts remain on target for 2025.”
About NAPC Defense, Inc.
NAPC Defense, Inc. (http://www.napcdefense.com) is an armament sales and production company, fully licensed in the United States, with exclusive rights to produce and sell CornerShot USA weapons systems in the U.S and Saudi Arabia, in addition to brokering arms and munitions throughout the world all with US State Department approval. Additional smaller weapons platforms, a series of ballistics protection technologies and related products are in development or being finalized for sale.
FORWARD LOOKING STATEMENTS:
This press release and the statements of representatives of NAPC. (the "Company") related thereto contain, or may contain, among other things, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including any other statements of non-historical information.
These forward-looking statements are subject to significant known and unknown risks and uncertainties and are often identified by the use of forward-looking terminology such as "guidance," "projects," "may," "could," "would," "should,’ “believes," "expects," "anticipates,” “estimates," "intends," "plans, “ultimately" or similar expressions. All forward-looking statements involve material assumptions, risks and uncertainties, and the expectations contained in such statements may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results (including, without limitation, NAPC's ability to advance its business, generate revenue and profit and operate as a public company) could differ materially from those stated or anticipated in these forward-looking statements as a result of a variety of factors, including factors and risks discussed in the periodic reports that the Company files with the SEC. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. The Company undertakes no duty to update these forward-looking statements except as required by law.
COMPANY CONTACT:
Kenny West, CEO (754) 242-6272 Ext.713
https://www.globenewswire.com/newsroom/ti?nf=OTI1OTYzMSM2NTQwODQyIzIyNjE1MDY=
https://ml.globenewswire.com/media/N2VhNDE2MmItN2Y4Ny00NGQ4LThhNzAtZTc0ODZiOWYyZWVkLTEyNzMwNTY=/tiny/NAPC-Defense-Inc-.png Source: NAPC Defense, Inc.
ProfitScout
3 months ago
$BLIS News: NAPC Defense, Inc. (OTCPK: BLIS) updates Progress with Saudi Arabia regarding Future Plans and CornerShot Demonstrations
LARGO, Fla., Aug. 13, 2024 (GLOBE NEWSWIRE) -- NAPC Defense, Inc., (OTCPK: BLIS) (“NAPC” or “the Company”) announces that its representatives have returned from their meetings with interested parties in Europe and Saudi Arabia, concerning its CornerShot products, various munitions, and other military hardware.
The NAPC representatives made progress with their Saudi Arabian counterparts and the potential for proposed contracts remains promising. NAPC received a $253,000 Purchase Order to support technical activity and expertise for CornerShot, drones, and other munitions. This support requires sending in country personnel to assist the Saudi Ministry of Defense (“MOD”) with technical questions and training.
https://ml.globenewswire.com/Resource/Download/bfacedcc-0a5d-4443-9534-c3db982e152a/napc-saudi.jpeg
Pictured from left to right are John Spence, NAPC CFO, Stephen Gurba, NAPC President, Eng. Abdullah Mohamed Al Bassami, and Eng. Abdul Qader AI Bassami; in front of Saudi Prince’s Palace, during their recent meetings.
NAPC representatives are expected to return to Saudi Arabia by the end of August to support a seven-day demo event and to advance its existing large intended order for CornerShot. Due to unexpected active military activities on the Saudi Arabian border during NAPC’s recent trip, civilians in general, including the Company’s representatives, were restricted access to conduct the necessary CornerShot demonstrations with MOD leaders and soldiers.
John Spence, NAPC Defense’s CFO and weapons specialist, stated, “Our visit with leaders in Saudi Arabia advanced our relationship in so many positive ways. We appreciated the hospitality and eagerness to conduct business with our team, opening the door to many new potential contracts. We also fully expect NAPC Defense to finalize agreements for large orders of CornerShot following live demonstrations.”
About NAPC Defense, Inc.
NAPC Defense, Inc. https://www.napcdefense.com/ is an armament sales and production company, fully licensed in the United States, with exclusive rights to produce and sell CornerShot USA weapons systems in the U.S. and Saudi Arabia, in addition to brokering arms and munitions throughout the world all with U.S. State Department approval. Additional smaller weapons platforms, a series of ballistics protection technologies and related products are in development or being finalized for sale.
FORWARD LOOKING STATEMENTS:
This press release and the statements of representatives of NAPC (the “Company”) related thereto contain, or may contain, among other things, “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are “forward-looking statements,” including any other statements of non-historical information.
These forward-looking statements are subject to significant known and unknown risks and uncertainties and are often identified by the use of forward-looking terminology such as “guidance,” “projects,” “may,” “could,” “would,” “should,” “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “ultimately” or similar expressions. All forward-looking statements involve material assumptions, risks and uncertainties, and the expectations contained in such statements may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results (including, without limitation, NAPC's ability to advance its business, generate revenue and profit and operate as a public company) could differ materially from those stated or anticipated in these forward-looking statements as a result of a variety of factors, including factors and risks discussed in the periodic reports that the Company files with the SEC. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. The Company undertakes no duty to update these forward-looking statements except as required by law.
COMPANY CONTACT:
Kenny West, CEO (754) 242-6272 Ext.713
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bfacedcc-0a5d-4443-9534-c3db982e152a
https://www.globenewswire.com/newsroom/ti?nf=OTIwMzgwNCM2NDIwOTEyIzIyNjE1MDY=
https://ml.globenewswire.com/media/NTVkMTJlYTctY2MxNS00NjJjLWE2OWMtY2MyZTk0Y2QyYzNjLTEyNzMwNTY=/tiny/Treasure-Shipwreck-Recovery-In.png
Pictured from left to right are John Spence, NAPC CFO, Stephen Gurba, NAPC President, Eng. Abdullah Mohamed Al Bassami, and Eng. Abdul Qader AI Bassami; in front of Saudi Prince’s Palace, during their recent meetings.
Pictured from left to right are John Spence, NAPC CFO, Stephen Gurba, NAPC President, Eng. Abdullah Mohamed Al Bassami, and Eng. Abdul Qader AI Bassami; in front of Saudi Prince’s Palace, during their recent meetings.
Source: NAPC Defense, Inc.
© 2024 GlobeNewswire, Inc.
ProfitScout
3 months ago
$BLIS News, July 25, 2024: NAPC Defense, Inc. (OTCPK: BLIS) begins Highly Anticipated Visits with Key European Contacts, and to Saudi Arabia for CornerShot Demonstrations
LARGO, Fla., July 25, 2024 (GLOBE NEWSWIRE) -- NAPC Defense, Inc. (OTCPK: BLIS) (“NAPC”) announces that its representatives began its European and Saudi Arabian corporate trip. For the past two weeks, management met with defense contracting partners in Germany and other countries for strategic supply of needed defense items for Allied Countries.
The NAPC team is now in Saudi Arabia, upon invitation from the Saudi Government and related Ministries, and will perform numerous live-fire demonstrations of CornerShot firearm tactical devices. Additionally, NAPC Defense will be representing other arms and munitions technology for potential orders, as well as other related business as requested by parties from Saudi Arabia.
As previously announced, NAPC received a signed and stamped LOI from Saudi Arabia for an initial order of 37,000 units of the CornerShot, valued at (U.S.) $370 million. Following its visit and demonstrations, NAPC anticipates a new Definitive Order Agreement.
The CornerShot technology licensed from Silver Shadow of Israel will be manufactured by NAPC Defense in the United States near its Largo, Florida headquarters. All necessary production equipment has been ordered and paid for so that large scale production of the CornerShot can begin in the near-term. NAPC Defense has an exclusive license to produce and sell CornerShot for Saudi Arabia and The United States.
Recently, NAPC Defense displayed and presented the CornerShot at police and tactical unit conferences in Florida and New Jersey, with significant order interest. NAPC has also demonstrated CornerShot to several law enforcement and military units at its Largo, Florida location, utilizing its indoor smokeless demonstration range and real range use.
As previously disclosed, NAPC Defense is licensed and approved to broker munitions and military hardware already produced and in inventory at various locations worldwide. NAPC anticipates orders for different munitions and military hardware items that are of need to Allied and NATO forces for the Ukrainian conflict and the Middle East. The inventory of these items, if sold at currently offered fair value, totals over (U.S.) $2.5 billion. NAPC would realize appreciable 10-20% fees for such brokering transactions.
About NAPC Defense, Inc.
NAPC Defense, Inc. https://www.napcdefense.com/ is an armament sales and production company, fully licensed in the United States, with exclusive rights to produce and sell CornerShot USA weapons systems in the U.S and Saudi Arabia, in addition to brokering arms and munitions throughout the world all with US State Department approval. Additional smaller weapons platforms, a series of ballistics protection technologies and related products are in development or being finalized for sale.
FORWARD LOOKING STATEMENTS:
This press release and the statements of representatives of NAPC. (the "Company") related thereto contain, or may contain, among other things, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including any other statements of non-historical information.
These forward-looking statements are subject to significant known and unknown risks and uncertainties and are often identified by the use of forward-looking terminology such as "guidance," "projects," "may," "could," "would," "should,’ “believes," "expects," "anticipates,” “estimates," "intends," "plans, “ultimately" or similar expressions. All forward-looking statements involve material assumptions, risks and uncertainties, and the expectations contained in such statements may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results (including, without limitation, NAPC's ability to advance its business, generate revenue and profit and operate as a public company) could differ materially from those stated or anticipated in these forward-looking statements as a result of a variety of factors, including factors and risks discussed in the periodic reports that the Company files with the SEC. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. The Company undertakes no duty to update these forward-looking statements except as required by law.
COMPANY CONTACT:
Kenny West, CEO (754) 242-6272 Ext.713
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