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AMMO, Inc. Announces Launch of New Line of Defense Products

AMMO, Inc. Announces Launch of New Line of Defense Products

SCOTTSDALE, AZ, Jan. 09, 2019 (GLOBE NEWSWIRE) — AMMO, Inc. (OTCQB: POWW), a technology leader and premier American ammunitions manufacturer, today announced it will be launching its new line of branded precision defense ammunition, TAC-P™ or Tactical Precision, at the upcoming 2019 SHOT Show in Las Vegas, Nevada on January 22, 2019.

Kathy Hanrahan, President of the Company’s Tactical Defense Division commented, “We are excited to be formally launching this new line of products later this month at the 2019 SHOT Show in Las Vegas. Since acquiring SW Kenetics and integrating its research and development engineers in October of 2018, our team of employees and military partners have validated SW Kenetics’ unique technology. We are now ready to introduce the product line for sale to U.S. and Allied Forces around the world. This new line, branded TAC-P™, is the first of its kind ‘made in America’ portfolio to include a high-performing, match grade capability in both a solid copper boat tail and API configurations. Additionally, the TAC-P™ line is also available with AMMO Inc.’s patented one-way luminescent or O.W.L. Technology™, or as it is in known in the commercial markets, STREAK™ Visual Ammunition. This combination of technology has never before been available to the market and we are thrilled to lead the way with a new, higher performing portfolio of ammunition for warfighters around the world.”

Ms. Hanrahan continued, “During recent testing, we matched our 50 caliber rounds against the leading API technology at distances out to 1,200 yards. In every case, the TAC-P™ rounds outperformed the competitor, garnering comments from our former military shooters that ‘these rounds will change the course of history’. We agree.”

The new line of products is slated to move into full production over the next few months. In preparation, AMMO Inc.’s Tactical Defense Group will be conducting demonstrations of the rounds for strategic partners, as well as military and international representatives from several allied countries at the upcoming SHOT Show. The team is also in discussions with leading ammunition and weapons platform providers who have expressed an interest in incorporating the projectiles and assembled rounds from this line into their own portfolio of military offerings.”

Fred Wagenhals, CEO of AMMO, Inc. commented, “This launch begins a new era for our Company. Over the last nine months, our Tactical Defense Group has laid out a strategy of developing innovative lines of ammunition incorporating our STREAK™ technology and partnering with the leaders in the ammunition industry to launch the products into the market. We are excited about the developments within our Tactical Defense product line, increasing our competitive profile as we address the massive Military and Law Enforcement channels in the future.”

About AMMO, Inc.

With its corporate offices headquartered in Scottsdale, Arizona, and a manufacturing facility in Payson, Arizona, AMMO, Inc. (the “Company and/or AMMO”) designs and manufactures products for a variety of aptitudes, including law enforcement, military, hunting, sport shooting and self-defense. The Company was founded in 2016 with a vision to change, innovate and invigorate the complacent munitions industry. AMMO promotes branded munitions, including its patented STREAK™ Visual Ammunition, the Jesse James line of munitions and accessories, /stelTH/ subsonic munitions, TAC-P™ Tactical Precision Defense munitions, and OPS (One Precise Shot) a lead-free frangible tactical line of munitions for self-defense. For more information please visit: www.ammo-inc.com

Investor Contact:
Jeff Sonnek
ICR, Inc.
Phone: (646) 277-1263
Jeff.sonnek@icrinc.com

Media Contact:
Griffin Bartman
Chevalier Advertising, Marketing & Public Relations
Phone: (503)-639-9190
Griffin@Chevalier-adv.com


Source: Av News Feed

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