Home | Business News | Browse by Publication | B | Business Wire

Pacific Safety Products Inc. Signs Agreements with ArmorWorks Enterprises, LLC.

Publication: Business Wire
Publication Date: 28-FEB-05 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
KELOWNA, British Columbia -- Pacific Safety Products Inc. (TSX VENTURE:PSP) ("PSP" or "the Company") announces it has signed two agreements with ArmorWorks Enterprises, LLC ("ArmorWorks") of Tempe, Arizona.

Pacific Safety Products Inc. announced today that they have signed an agreement with ArmorWorks to manufacture and distribute ArmorWork's patented "T-Flex" ballistic material. The agreement gives PSP exclusive rights to manufacture T-Flex in Canada and rights to distribute in Canada and other negotiated international markets. This technology can employ a number of ballistic fibers and is an alternative to weaving ballistic fibers into fabrics.

"This agreement with ArmorWorks is a major milestone in our strategic initiative to diversify PSP's manufacturing capabilities and product offerings," commented Brad Field, CEO of PSP. "Manufacturing T-Flex gives PSP a competitive advantage in securing ballistic materials at a time when supply is extremely short. It also strengthens...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from Business Wire
The Leather Factory Schedules 2004 Earnings Conference Call., February 28, 2005
Smith International, Inc. Announces Management Changes., February 28, 2005
Riverbed Technology Launches Asia Pacific Operations; Makes Strategic ..., February 28, 2005
H.A.L. Concepts Ltd.: Second Quarter Results., February 28, 2005
Verena Minerals Corporation: Press Release., February 28, 2005

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.