SDI Completes Sale of Operational Rounds to a U.S. Homeland Security Agency
WASHINGTON, D.C. -- (Marketwired) -- 09/25/13 --
Security Devices International Inc. (TSX VENTURE:SDZ) ("SDI" or "The Company") is a defense technology company specializing in the development, manufacturing and sale of innovative, next generation non-lethal ammunition.
The Company is pleased to announce the completion of a sales transaction of operational evaluation rounds to a U.S. Homeland Security Agency (the "Agency").
Following a successful live fire demonstration at the Texas Tactical Police Officers Trade Show, the Agency engaged SDI to procure rounds. The purpose of the sale of these rounds is for deployment into uniformed field units within the Agency. Although for operational evaluation, the officers will be deploying SDI's blunt impact projectiles into live field situations as required. The rounds have a scheduled delivery of 30 days.
Additionally, SDI is proud to announce its official operational deployment of its BIP40 to be the blunt impact projectile of choice for the Indian River County Sheriff's Office Correctional Institution, in the State of Florida. The Company's President, Gregory Sullivan, notes, "This entry by SDI into the field of Jails and Correctional Services, is just another example of our Companies widespread breadth into multiple markets. Along with our Military and Law Enforcement scope, we intend to exploit numerous opportunities within corrections and private security entities, as well."
This press release is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities of SDI in any jurisdiction.
Forward-Looking Statement
The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward-looking statements including information with respect to the offering. These statements are based upon assumptions that are subject to significant risks and uncertainties including those risks identified in the Prospectus. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward-looking statements. Although SDI believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statements will prove to be correct. Except as required by law, SDI disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Security Devices International Inc.
Allen Ezer
202-351-1633 (U.S.A.)
416-453-7798 (Canada)
www.securitydii.com
Source: Security Devices International Inc.
Released September 25, 2013
