Business
Allen-Vanguard announces $5 million order for security equipment to Brazil
OTTAWA, Feb. 2 /CNW Telbec/ - Allen-Vanguard Corporation (TSX: VRS) ("Allen-Vanguard" or the "Com...
About this update from Verisante Technology, Inc.
[{"type":"text","content":"\n\n\n\nOTTAWA, Feb. 2 /CNW Telbec/ - Allen-Vanguard Corporation (TSX: VRS)\n("Allen-Vanguard" or the "Company") of Ottawa, Canada today announced that it\nhas received an order worth approximately C$5 million for a variety of\nexplosive ordnance disposal (EOD) equipment for Brazilian security forces.\n\n\n"We are very pleased at the confidence the Brazilian security forces have\nplaced in our ability to provide them an integrated equipment set for enhanced\nEOD capability," said David E. Luxton, President and CEO.\n\n\nThe Company added that Brazil and other countries in Latin America have\nbecome very active markets for a wide range of security equipment, and that\nsales in this region are expected to contribute significantly to the Company's\nPersonal Protective Systems business in fiscal 2009.\n\n\nForward looking statements\n\n\nThis press release may contain forward-looking statements, which reflect\nAllen-Vanguard's current expectations regarding future events, its strategy,\nexpected performance and condition. Forward-looking statements include\nstatements that are predictive in nature, that depend upon or refer to future\nevents or conditions, or that include words such as "expects," "anticipates,"\n"plans," "believes," "estimates" or negative versions thereof and similar\nexpressions. In addition, any statement that may be made concerning future\nperformance, strategies or prospects, and possible future acquisitions or\ndispositions, is also a forward-looking statement. Forward-looking statements\nare based on current expectations and projections about future events and are\ninherently subject to, among other things, risks, uncertainties and\nassumptions about the Company and economic factors. Forward-looking statements\nare not promises or guarantees of future performance, and actual events and\nresults could differ materially from those expressed or implied in any\nforward-looking statements made about the Company. Any number of important\nfactors could contribute to these digressions, including, but not limited to,\ngeneral economic, political and market factors in North America and\ninternationally, interest and foreign exchange rates, global equity and\ncapital markets, business competition, technological change, changes in\ngovernment...