VANCOUVER, BC, Sept. 30, 2021 /CNW/ - Mission Ready Solutions
Inc ("Mission Ready") (TSXV: MRS) (OTCQX: MSNVF), a provider
of comprehensive government contracting solutions, today announced
that it had received, through its wholly-owned subsidiary, Unifire,
Inc. ("Unifire"), a US$3,800,000 (C$4,800,000 at USD-CAD exchange rate of 1.27)
purchase order (the "Purchase Order") through the United
States General Services Administration (GSA) to supply personal
protective equipment for the Department of Homeland Security (DHS)
Office of the Chief Readiness Support Officer (OCRSO).
Following a successful solicitation response submitted by the
Company (one of numerous current submissions in various stages of
the solicitation process), the Purchase Order calls for the
delivery of surgical masks (the "Product") to the
Transportation Security Administration (TSA) and Customs and Border
Protection (CBP) as part of the US Governments COVID-19 pandemic
response.
The Company will facilitate the Purchase Order fulfillment
within the 60-day performance period through its partner, Altor
Safety, who will ship the Product directly to the government
agencies. Delivery of the Product is scheduled to commence
immediately and be completed no later than November 27, 2021.
"This order is an excellent example of the hard work that goes
on behind the scenes," said Buck
Marshall, President and CEO of Mission Ready.
"Unifire's team has worked diligently over the past year to
strengthen our vendor network and position the Company in a way
that responds to the needs of our customers. The
often-overlooked hours of work put in by our front-line support
team to enhance our relationships and provide value add is the
keystone to our success."
"Unifire strength lies in its relationships; Our ability to
promote vendors' products and services and our relationships with
the customers to which we provide our solutions," said Skip Church, President of Unifire. "The
past performance on large contracts, the continued flow of orders,
and our capacity to be on-time and in good standing is the
foundational trust Unifire strives to build with its vendors and
customers."
The US GAAP treatment for the anticipated revenue from the
purchase order will not be finalized until the order transactions
have been completed. Consequently, the revenue may be reported on a
gross or net basis and some portion may be deferred to future
accounting periods.
About Mission Ready Solutions Inc.
Mission Ready specializes in providing comprehensive government
contracting solutions through its privileged access to a host of
federal contracting vehicles including Multiple Award
Schedule ("MAS") contracts awarded and administered by
the United States General Services Administration
("GSA").
Mission Ready's wholly-owned subsidiary, Unifire, Inc.
("Unifire"), is a designated Small Business and an
industry-leading manufacturer and distributor of over 1.5 million
military, fire and first-responder products. With extensive
knowledge and experience in providing turnkey solutions to the
United States Federal Government, Unifire utilizes its time-proven
industry relationships and proprietary technology infrastructure to
efficiently source and deliver critical, life-saving products in
cooperation with government program managers, military and federal
contracting offices, base supply centers, and other federal, state
and local supply agencies.
Mission Ready Solutions Inc.
(Signed "Buck L. Marshall")
Buck L. Marshall
President, CEO and Director
T: +1 877.479.7778
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Forward-Looking Information
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 Solutions 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 Solutions Inc. to be materially
different from those expressed or implied by such forward-looking
information. 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 Solutions Inc. does not
undertake to update any forward-looking information that is
included herein, except in accordance with applicable securities
laws.
SOURCE Mission Ready Solutions Inc.