Point Blank Solutions to Showcase New Advanced Modular Body Armor System at the 2010 AUSA Conference
POMPANO BEACH, Fla., Oct. 20 /PRNewswire/ — Point Blank Solutions, Inc. (Pink Sheets: PBSOQ), a leader in the field of protective body armor solutions, announced today that the Company will demonstrate some of the most technologically advanced protective armor systems available, at the 56th Annual Meeting and Exposition of the Association of the United States Army (AUSA). The conference will be held October 25-27 at the Walter E. Washington Convention Center in Washington, DC.
Among the solutions that Point Blank will be exhibiting is the Improved Outer Tactical Vest (IOTV), the ballistic armor worn today by America’s service men and women in combat and the system of choice by the U.S. Army. The IOTV incorporates many of Point Blank’s innovations, including ergonomic solutions for improved weight distribution. More than three pounds lighter than its predecessor, the Interceptor OTV, the IOTV features new utility and design enhancements which provide lightweight comfort, flexibility and maximum protection. These include a lower back extender for increased coverage; an internal waist band to control weight load and improve mobility; and a single-stage quick release system for instant doffing.
Additionally, Point Blank will display its latest revolutionary innovation in protective technology, the Advanced Modular Body Armor System (AMBAS), which provides multiple protective configurations to meet environmental and mission-specific requirements. This modular, scalable and customizable body armor is designed as a singular system that starts with a baseline concealable carrier worn under the Army Combat Uniform, which scales up to a plate carrier system then expands to a full tactical vest with numerous optional configurations depending on the components used. The AMBAS meets the protection level of the IOTV while providing:
- Lighter and more flexible ballistic package;
- Greater load bearing stabilization and weight distribution;
- Quick-release and easy reassembly;
- Tailored deltoid protection; and
- Compatibility with equipment
Other flagship products such as the Company’s VisionÃ‚® concealable body armor with OutlastÃ‚® Adaptive ComfortÃ‚® and exclusive ThorShield(TM) electroshock weapon protection technology, as well as the new collapsible, lightweight and portable Stretcher will be on display. Point Blank’s NIJ. 06-certified VisionÃ‚® vest — enhanced for both military policemen and women — is considered one of the lightest weight ballistic systems available today. The military version is specially engineered with DuPont(TM) KevlarÃ‚® XP(TM), a new patented woven fabric technology from DuPont Protection Technologies to deliver exceptional bullet-stopping power.
To learn more about these and other solutions, attendees are invited to visit the Point Blank Solutions booth #3210 and speak one-on-one with executives.
“We look forward to meeting with America’s soldiers and military leaders at AUSA to honor their service and sacrifice in protecting our freedoms,” stated Patrick Stallings, COL USA Ret., and executive vice president, DoD operations. “We will share with them, the latest in body armor innovation and the new designs we are producing for the U.S. Defense Department and the commercial markets. Our new AMBAS system is based on the real-world experiences and insights from military veterans, which has been vital towards developing the highest-performing, most adaptable and safest protective systems both today and in the future.”
A key highlight of the show will be the annual Soldier Appreciation Reception sponsored by Point Blank, which honors U.S. soldiers, their families and all Armed Forces and Government members who put their lives at risk protecting our Great Nation. The reception will be held on Monday, October 25th from 8:00 pm-11:00 pm at the Grand Hyatt Hotel, which is adjacent to the convention center.
The AUSA Annual Meeting and Exposition is one of the largest land warfare forums in the world. Under the umbrella theme, “America’s Army: The Strength of the Nation,” the conference is expected to bring together thousands of attendees including soldiers, defense industry representatives, and foreign military leaders. The annual three-day event offers participants the unique opportunity to explore cutting-edge military equipment and technology while participating in professional development seminars and networking activities. For more information, visit www.ausa.org.
ABOUT POINT BLANK SOLUTIONS
Point Blank Solutions, Inc. is a leader in the design and production of technologically advanced body armor systems for the U.S. Military, Government and law enforcement agencies, as well as select international markets. The Company is also recognized as the largest producer of soft body armor in the U.S. With state-of-the-art manufacturing and laboratory testing facilities, strategic technology and marketing alliances, and an ongoing commitment to drive innovation, the Company believes that it can deliver the most advanced body armor solutions, quicker and better than anyone in the industry. The Company maintains facilities in Pompano Beach, FL and Jacksboro, TN. To learn more about Point Blank Solutions, Inc. visit our website at www.PointBlankSolutionsInc.com.
SAFE HARBOR STATEMENT
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: THE STATEMENTS WHICH ARE NOT HISTORICAL FACTS CONTAINED IN THIS PRESS RELEASE ARE FORWARD-LOOKING STATEMENTS, WHICH ARE BASED LARGELY ON THE COMPANY’S EXPECTATIONS AND ARE SUBJECT TO VARIOUS BUSINESS RISKS AND UNCERTAINTIES, CERTAIN OF WHICH ARE BEYOND THE COMPANY’S CONTROL. WORDS SUCH AS “EXPECTS,” “ANTICIPATES,” “TARGETS,” “GOALS,” “PROJECTS,” “INTENDS,” “PLANS,” “BELIEVES,” “SEEKS,” “ESTIMATES,” VARIATIONS OF SUCH WORDS, AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY SUCH FORWARD-LOOKING STATEMENTS. THESE FORWARD-LOOKING STATEMENTS ARE ONLY PREDICTIONS THAT SPEAK AS OF THE DATE HEREOF AND ARE SUBJECT TO RISKS, UNCERTAINTIES AND ASSUMPTIONS THAT ARE DIFFICULT TO PREDICT. THEREFORE, ACTUAL RESULTS MAY DIFFER MATERIALLY AND ADVERSELY FROM THOSE EXPRESSED IN ANY FORWARD-LOOKING STATEMENTS. FACTORS THAT MIGHT CAUSE OR CONTRIBUTE TO SUCH DIFFERENCES INCLUDE, BUT ARE NOT LIMITED TO, (1) CHANGES IN THE COMPANY’S INTERNAL CONTROL STRUCTURE OVER FINANCIAL REPORTING, (2) UNCERTAINTY OF FUTURE FINANCIAL RESULTS, (3) ADDITIONAL FINANCING REQUIREMENTS, (4) DEVELOPMENT OF NEW PRODUCTS, (5) GOVERNMENT APPROVAL AND CONTRACTING PROCESSES, (6) THE IMPACT OF COMPETITIVE PRODUCTS OR PRICING, (7) TECHNOLOGICAL CHANGES, (8) THE EFFECT OF POLITICAL AND ECONOMIC CONDITIONS, (9) THE OUTCOME AND IMPACT OF LITIGATION TO WHICH THE COMPANY IS A PARTY AND THE SECURITIES AND EXCHANGE COMMISSION AND OTHER INVESTIGATIONS REGARDING THE COMPANY, (10) TURNOVER IN THE COMPANY’S SENIOR MANAGEMENT, (11) UNCERTAINTIES ASSOCIATED WITH THE REORGANIZATION PROCESS AND (12) OTHER UNCERTAINTIES DETAILED IN THE COMPANY’S FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION, INCLUDING, WITHOUT LIMITATION, THOSE UNCERTAINTIES AND RISKS DISCUSSED IN DETAIL IN “RISK FACTORS,” IN THE COMPANY’S PERIODIC REPORTS ON FORMS 10-K AND 10-Q. THE COMPANY UNDERTAKES NO OBLIGATION TO REVISE OR UPDATE PUBLICLY ANY FORWARD-LOOKING STATEMENTS TO REFLECT ANY CHANGE IN THE EXPECTATIONS OF OUR MANAGEMENT WITH REGARD THERETO OR ANY CHANGE IN EVENTS, CONDITIONS, OR CIRCUMSTANCES ON WHICH ANY SUCH STATEMENTS ARE BASED.
Contacts: Glenn Wiener GW Communications 212-786-6011 / gwiener@GWCco.com
SOURCE Point Blank Solutions, Inc.