$LLLI #BreakingNews Lamperd Less Lethal Records Si
Post# of 42117
Rising Orders for Security Products Being Booked as a Result of New Distributors and Successful Police Training Program
SARNIA, Ontario, July 09, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Lamperd Less Lethal, Inc. (OTC PINK:LLLI), an innovation leader and manufacturer of advanced security solutions for law enforcement, military and security agencies worldwide, posted a significant increase in company revenues for the 1st quarter 2019. The revenue reported for the period of January 1st through March 31st was nearly four times the company's total revenue for all of 2018.
These rising revenues are directly attributable to new distributors that are introducing Lamperd products to police agencies which are beginning to place orders. Additionally, in 2018 Lamperd began an ongoing police training program which has been very successful in introducing various police agencies to the company's products directly with hands-on experience. These agencies are starting to place orders for the Lamperd products on which they have received their training. Lamperd intends to continue and expand this police training program which coincides with its Master Distributor, American Reserve Munitions, recently being granted ATF approval to import Lamperd products into the United States for the first time.
CEO Barry Lamperd commented, "This is a time when the products of Lamperd Less Lethal are needed in every part of the world. We have made great efforts to ensure that police, military and other security forces at home and abroad are aware of the superior options we can offer to very effectively control crisis situations with a minimal risk to lives and property. Our new distributors and our training department are beginning to deliver significantly increasing business and revenues for the company which we foresee reaching record levels as we go forward. We look forward to updating LLLI shareholders with more detailed information in the near future."
https://www.nasdaq.com/press-release/lamperd-...0709-00412