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Mission Ready Services Inc. Announces Signing of Representation Agreement with The Apax Group Inc.

Thursday, 26 June 2014 09:32 AM

Mission Ready Services Inc.

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VANCOUVER, B.C. / ACCESSWIRE / June 26 2014 / Mission Ready Services Inc. (TSX-V: MRS) - Mission Ready Services Inc. ("Mission Ready" or "MRSI") is pleased to announce that it has entered into a Representation Agreement (the "Agreement") with The Apax Group Inc., doing business as CORTAC ("CORTAC"), through its wholly-owned subsidiary, Protect The Force Inc. ("Protect The Force" or "PTF"). The Agreement appoints Protect The Force as CORTAC's exclusive Manufacturer Representative for the United States Federal Government and South American markets.

Protect The Force will utilize its robust infrastructure of strategic relationships, sales channels, regional offices throughout the US, contracting procedures and qualified personnel to provide representation services to CORTAC including field sales, distribution and program development. The Agreement provides that all Request For Quotes, Request For Information and procurement opportunities within these markets shall flow through Protect the Force and its duly appointed team members.

CORTAC's flagship product is a passive cooling, trauma attenuation and ventilation device called the CTAV(TM). The CTAV(TM) is a flexible, lightweight textile air-bladder system that is affixed to, or integrated into, body armor carrier and base layer shirt systems. For optimal performance, the CTAV(TM) maintains direct contact with the end-user's combat shirt, uniform shirt or base layer. The CTAV(TM) delivers improved comfort and functional performance of Personal Protective Equipment, specifically body armor.

Subjective field reports, combined with the objective physiological and ballistic testing data, supports the CTAV's(TM) ability to improve the performance and survivability of military and law enforcement personnel. The CTAV(TM), is built around its patent-pending Advanced Impact Resistance (AIR)(TM) Technology & EverDry(TM) Nanosurface. The CTAV(TM) is proven to enhance the comfort of wearing body armor by facilitating natural ventilation of body heat & accelerated evaporation of sweat. The CTAV(TM) is currently fielded by U.S. and allied Special Operations Forces, conventional military, security contractors, federal, state and local law enforcement and corrections personnel.

Gary Hess, President of Protect The Force, states, "Our organization is largely comprised of ex-military personnel who know first-hand the importance of Advanced Personal Protective Equipment that provides superior protection and comfort for the rigorous, and often sustained, situations they are subjected to. The countless positive reviews from law enforcement and military personnel who have experienced the CORTAC difference spoke volumes to the efficacy and need for this technology on a broader scale at home and abroad."

Michael Letterman, CEO of CORTAC is extremely pleased with the new business alliance as it positions CORTAC for greater market penetration within the United States Federal Law Enforcement, military, and South American markets.

"We are very happy and feel confident moving forward with Protect The Force," Michael Letterman states. "Protect the Force has a myriad of contacts within all of our target areas. They are well respected within the industry and have the talent to be successful. The most exciting aspect of this relationship will be to watch our product quickly move into the hands of the operator in the field where it really makes a difference. At the end of the day, our mission is to help bring military and law enforcement home - Protect The Force significantly enhances that mission."

About CORTAC

CORTAC is a leader in designing and manufacturing cooling, trauma attenuating and ventilation gear for military and law enforcement. CORTAC utilizes advanced materials, science and engineering to deliver ergonomic solutions to military and public safety personnel who wear body armor, personal protective equipment & tactical gear for extended periods.

For further information on CORTAC, visit http://www.cortac.com/

About Protect The Force Inc.

Protect The Force is a strategic consulting firm specializing in providing leading manufacturers with relationship management, product development, acquisition & contracting expertise, and sales & marketing support geared towards successfully selling to the U.S. Federal Government.

Protect The Force offers over 100 years of combined experience in developing products, contracting, and selling to the federal government, first responder and tactical markets through open-market procurements, teaming arrangements and a variety of federal contract tools.

About Mission Ready

MRSI was formed to meet a critical need of one of the world's largest customers, the US Government and in particular the Departments of Defence, Homeland Security and Justice and various other agencies such as law enforcement, first responders and the many others worldwide that help to safeguard our health and security.

Headquartered in Vancouver, BC, MRSI has three distinct, synergistic operating divisions:

- Strategic consulting services and manufacturers representation

- Equipment inspection, cleaning/decontamination and repair services of personal protection equipment

- Product research and development

MRSI's mission is to save lives and enhance the performance of military personnel, first responders, and those who protect us by working to ensure they are equipped with the best possible personal protective equipment.

MRSI's management team offers over 100 years of combined industry experience and is composed of industry experts in developing products, contracting, and selling to the federal government, first responders and tactical markets through open market procurements, teaming arrangements, and a variety of federal contract tools.

For further information, visit the Company's website at MissionReady.ca or contact:

Terry Nixon - Director, Corporate Communications

Telephone: 1.877.479.7778

Investor Relations

1-866-684-6730

[email protected]

www.kincommunications.com

Mission Ready Services Inc.

(signed "Rod Reum")

Rod Reum,

President & CEO

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "anticipate", "believe", "plan", "expect", "intend", "estimate", "forecast", "project", "budget", "schedule", "may", "will", "could", "might", "should" or variations of such words or similar words or expressions. Forward-looking information is based on reasonable assumptions that have been made by Mission Ready Services Inc. as at the date of such information and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Mission Ready Services Inc. to be materially different from those expressed or implied by such forward-looking information.

Forward-looking statements are based on assumptions management believes to be reasonable. Although Mission Ready Services Inc. has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Mission Ready Services Inc. does not undertake to update any forward-looking information that is included herein, except in accordance with applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. 

SOURCE: Mission Ready Services Inc.  

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