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Allen-Vanguard announces $3.3 million European military order for Electronic Counter Measures (ECM) equipment - Key European government selects Allen-Vanguard technology
Allen-Vanguard announces $3.3 million European military order for Electronic Counter Measures (ECM) equipment - Key European government selects Allen-Vanguard technology.
About this update from Verisante Technology, Inc.
[{"type":"text","content":"\n\n\n\n\nOTTAWA, June 26 /CNW Telbec/ - Allen-Vanguard Corporation (the \"Company\"\nor \"Allen-Vanguard\") (TSX:VRS) of Ottawa, Canada announced today that it has\nreceived a European government order worth $3.3 million for the Company's\nadvanced digital ECM equipment which is used to counter the threat of remotely\ndetonated explosive devices (all amounts in Canadian dollars).\n\"This order is of particular significance,\" said David Luxton, President\nand CEO. \"It is our first order from this standard-setting European nation and\nunderscores the market potential of our ECM business line as security forces\neverywhere expand and upgrade their counter-measures against Improvised\nExplosive Devices (IEDs) like remotely detonated roadside bombs.\"\nThe Company added that this new order is scheduled for delivery before\nSeptember 30th, 2006, and that production facilities in the U.K. are being\nupgraded to accommodate the rapid growth in accumulated and anticipated ECM\norders.\n\nAbout Allen-Vanguard\n\nAllen-Vanguard Corporation and its subsidiaries worldwide operate under\nthe brand \"Allen-Vanguard\". The Company develops and markets technologies,\ntools and training for defeating and minimizing the effects of hazardous\ndevices and materials, whether Chemical, Biological, Radiological, Nuclear or\nExplosive (CBRNE). The Company's equipment is in service with leading security\nand military forces in more than 120 countries. Products include Electronic\nCounter-Measures (\"ECM\") equipment for jamming remote detonation of terrorist\ndevices, specialty security equipment for Explosive Ordnance Disposal (\"EOD\"),\nremote intervention robots for hazardous applications, vehicle barrier\nsystems, and personal protective wear for use in dealing with bio-chemical\nagents. Allen-Vanguard is the sole, worldwide licensee and/or developer of\npatented technologies such as the Universal Containment System and CASCAD Foam\nfor blast mitigation and decontamination of bio-chemical warfare agents. Head\noffice operations are located in Ottawa, Ontario, Canada, with manufacturing\noperations in Stoney Creek, Ontario; Tewkesbury, U.K.; and Cork, Ireland, and \nsales offices in Canada, the U.S., the U.K. and Asia. The Company's shares are\nlisted on The Toronto Stock Exchange (TSX: VRS). The web site is\nwww.allen-vanguard.com.\n\nThis press ...