Business
Allen-Vanguard receives $8 million in orders for protective equipment against improvised explosive devices (IEDs)
OTTAWA, July 7 /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, July 7 /CNW Telbec/ - Allen-Vanguard Corporation (TSX: VRS)\n("Allen-Vanguard" or the "Company") of Ottawa, Canada today announced that in\nthe last week of its third quarter ended June 30, 2008, it was awarded\ncontracts totaling approximately C$8 million for protective equipment against\nIEDs, including robots, bomb suits and Electronic Counter-Measures (ECM)\nsystems for undisclosed customers. "We are pleased at this pickup in order\nflow and the continued confidence of our customers, which reflects their\npreference for proven, world-class equipment when it comes to saving lives,"\nsaid David E. Luxton, President and CEO.\n\n\nThe company stated that it expects to deliver the bulk of the orders by\nthe end of its fourth quarter of fiscal 2009, which ends September 20, 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 reg...