AirBoss Announces $20.4 Million in New Contracts for CBRN Products
27 Novembro 2012 - 7:00PM
Marketwired
AirBoss (TSX:BOS) has received a contract to supply the US DOD with
up to 523,000 pairs of CBRN protective over-boots. The maximum
value of this contract is US $20.4 million and deliveries should be
completed in fiscal 2013.
AirBoss of America Corp. develops, manufactures, and sells high
quality, proprietary rubber-based products offering enhanced
performance and productivity to transportation, military and
industrial markets. With a capacity to supply over 250 million
pounds of rubber annually to a diverse group of rubber
manufacturers, AirBoss is also one of North America's largest
custom rubber compounding companies. The Company's shares trade on
the TSX under the symbol BOS. Visit www.airbossofamerica.com.
AIRBOSS FORWARD LOOKING STATEMENT DISCLAIMER
Certain statements included herein, including those that express
management's expectations or estimates of future developments or
AirBoss's future performance, constitute "forward-looking
statements" within the meaning of applicable securities laws. Words
such as "may", "could" "expects", "anticipates", "forecasts ",
"plans", "intends" or similar expressions are intended to identify
forward-looking statements.
Forward-looking statements are necessarily based upon a number
of estimates and assumptions that, while considered reasonable by
management at the time the statements are made, are inherently
subject to significant business, economic and competitive
uncertainties and contingencies. AirBoss cautions that such
forward-looking statements involve known and unknown risks,
uncertainties and other risks that may cause AirBoss' actual
financial results, performance, or achievements to be materially
different from its estimated future results, performance or
achievements expressed or implied by those forward-looking
statements. Numerous factors could cause actual results to differ
materially from those in the forward-looking statements, including
without limitation: impact of general economic conditions, its
dependence on key customers; cyclical trends in the tire and
automotive, construction, mining and retail industries; sufficient
availability of raw materials at economical costs; weather
conditions affecting raw materials, production and sales; AirBoss'
ability to maintain existing customers or develop new customers in
light of increased competition; changes in accounting policies and
methods, including uncertainties associated with critical
accounting assumptions and estimates; changes in the value of the
Canadian dollar relative to the US dollar; changes in tax laws and
potential litigation; ability to obtain financing on acceptable
terms; environmental damage caused by it and non- compliance with
environmental laws and regulations; potential product liability and
warranty claims; and equipment malfunction.
This list is not exhaustive of the factors that may affect any
of AirBoss's forward-looking statements . Investors are cautioned
not to put undue reliance on forward-looking statements. All
subsequent written and oral forward-looking statements attributable
to AirBoss or persons acting on its behalf are expressly qualified
in their entirety by this notice. Whether as a result of new
information, future events or otherwise, AirBoss disclaims any
intent or obligation to update publicly these forward-looking
statements. Risks and uncertainties about AirBoss's business are
more fully discussed in the Management's Discussion and Analysis of
Financial Condition and Results of Operations in the 2011 Annual
Report to Shareholders under the heading "Risk Factors".
Contacts: AirBoss-Defense Division Earl Laurie Divisional
President (450) 546-0283 AirBoss of America Corp. RL Hagerman
President and CEO (905) 751-1188 www.airbossofamerica.com
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