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Allen-Vanguard confirms U.S. Department of Defense intent to establish an IDIQ contract for up to 7,500 Symphony IED countermeasure systems

OTTAWA, Jan. 31 /CNW Telbec/ - Allen-Vanguard Corporation ("Allen-Vanguard" or the "Company") (TS...

articleVerisante Technology, Inc.January 31, 20085/company/verisante-technology-inc/news/allen-vanguard-confirms-us-department-of-defense-intent-to-establish-an-idiq-contract-for-up-to-7500-symphony-ied-countermeasure-systems
Allen-Vanguard confirms U.S. Department of Defense intent to establish an IDIQ contract for up to 7,500 Symphony IED countermeasure systems

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[{"type":"text","content":"\n\n\n\nOTTAWA, Jan. 31 /CNW Telbec/ - Allen-Vanguard Corporation\n("Allen-Vanguard" or the "Company") (TSX:VRS) of Ottawa, Canada, confirms that\nthe U.S. Department of Defense ("DoD") has posted a notice of intent to\nestablish an IDIQ contract for the procurement of up to 2,500 SYMPHONY IED\ncountermeasure systems per year for a period of 3 years with associated\nspares, initial operations support, installation equipment and support, on the\njob training, and in-theater field service support from Lockheed Martin.\nDetails of the posting may be found at\nhttp://www.fbo.gov/spg/DON/NAVSEA/NAVSEAHQ/N0002408R4211/SynopsisP.html\n\n\nAllen-Vanguard is the supplier of Symphony component sets to Lockheed\nMartin under the terms of a seven year Technology License and Supply Agreement\nbetween the two companies announced January 18, 2006.\n\n\nThe Company is confirming this intended contract notice to ensure that\nall investors have equal access to the DoD public posting information. The\nCompany has no further comment pending the receipt of any order, and notes\nthat the present DoD notice is an intent to contract and does not constitute\nan actual contract or obligation to contract.\n\n\nAbout Allen-Vanguard\n\n\nAllen-Vanguard Corporation supports the mission of military and homeland\nsecurity forces around the world with leading proprietary solutions for\nprotection and counter-measures against hazardous devices of all kinds,\nwhether chemical, biological, radiological or explosive (CBRNE), including\nimprovised explosive devices (IEDs) and remotely controlled IEDs (RCIEDs).\nAllen-Vanguard equipment is in service in more than 120 countries. Products\ninclude Electronic Counter-Measures ("ECM") equipment for jamming remote\ndetonation of terrorist devices, specialty security equipment for Explosive\nOrdnance Disposal ("EOD"), remote intervention robots for hazardous\napplications, and personal protective wear for use in dealing with explosive\nand bio-chemical agents. Allen-Vanguard is the developer and/or sole,\nworldwide licensee of proprietary technologies such as the Med-Eng bomb suit,\nthe Defender(TM) and Vanguard (TM) Mk2 bomb disposal robots, and the Universal\nContainment System and CASCAD Foam system for blast mitigation and\ndecontamination of bio-chemical warfare agents...

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