Aggregate of $510,000 in New Contracts Since Agreement Inception
WEST HAVEN, CT / ACCESSWIRE / May 8, 2018 / Drone USA, Inc. (OTCQB: DRUS) ("Drone USA" or the "Company"), a service provider, manufacturer and reseller of drones and distributor of products to the U.S. Government, today announced that its subsidiary, Howco Distributing ("Howco"), entered into a strategic alliance with Endurance LLC. Since the inception of the agreement, a total of $510,000 in new contracts has been signed.
Michael Bannon, Drone USA's Chief Executive Officer, commented, "We are excited to help Endurance LLC achieve their goals and profitably grow their business. Having started my first business in 1992, I understand the challenges, the problems and the hardships that ultimately accompany the entrepreneurial landscape. We bring decades of business experience to this relationship. Our mission here to Endurance and our shareholders is threefold:
- Help Endurance profitably grow
- Add to our own profitability
- Help us launch our service-disabled franchise model."
Matt Wiles, Howco's VP of Business Operations, stated, "We are thrilled to partner with the Endurance team as they have a wealth of knowledge and industry contacts. Supporting Endurance as a service-disabled veteran company is rewarding, as we have been able to grow both businesses in a short period."
Chris Brown, Endurance Chief Executive Officer, stated, "We are extremely excited about the great opportunities available to the Endurance and Howco partnership. Both teams bring specialized experience and leadership capabilities that will provide long-term success and results. Relationships like ours are hard to find!"
About Endurance LLC.
Endurance LLC. has over 100 years of combined military and government experience. Team members have commercial experience in the computer technology, heavy-duty diesel, leasing, government contracting, semiconductor and tactical equipment sectors. Endurance develops leadership and strategic capabilities within small and medium-sized organizations that help their partners operate their businesses faster, smarter, cheaper, better.
About Howco Distributing Co.
Howco Distributing, a subsidiary of Drone USA, Inc., is a premier supplier of spare and replacement parts to a wide variety of Federal Government agencies, U.S. military prime contractors and commercial customers worldwide. Founded in 1990 and located in Vancouver, Washington, Howco's services encompass bid solicitation, contract management, packaging and logistics for construction, transportation, mining and heavy equipment spare and replacement parts to customers worldwide utilizing a wide variety of supply chain solutions. Howco was the winner of 2017 United States Department of Defense Logistics Agency's Commander's Choice Supplier Award and the 2012 United States Department of Defense Logistics Agency's Bronze Supplier Award.
About Drone USA, Inc.
Drone USA, Inc. (OTCQB: DRUS), headquartered in West Haven, CT., is a service provider, manufacturer, and reseller of drones and distributor of products to the U.S. Government. Our competitive advantage stems from offering superior service, high-quality products and establishing and maintaining life-long customer friendships. Our primary markets are U.S. police, firemen, U.S. industry and the U.S. Government.
Forward-Looking Statements
Certain statements in this press release may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include projections of matters that affect revenue, operating expenses or net earnings; projections of growth; and assumptions relating to the foregoing. Such forward-looking statements are generally qualified by terms such as: "plans," "anticipates," "expects," "believes" or similar words. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or qualified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking information. These factors are discussed in greater detail in our Form 10 filed with the U.S. Securities and Exchange Commission.
SOURCE: Drone USA, Inc.