Company Presented its New TAC-P Ammunition to Representatives of more than 15 Countries Around the Globe
Expands Product Distribution to 142 Bass Pro Shops and Cabela’s
SCOTTSDALE, AZ, January 30, 2019 (GLOBE NEWSWIRE) — AMMO, Inc. (OTCQB: POWW), a technology leader and premier American ammunitions manufacturer, today announced that AMMO Inc.’s Tactical Defense Group showcased their new line of branded precision defense ammunition, TAC-P™ or Tactical Precision and hosted demonstrations for strategic partners, as well as military and international representatives from allied countries at the SHOT Show in Las Vegas Nevada on January 22 -23, 2019.
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 been available and has helped position AMMO, Inc. as a technology leader in the industry.
“We are remain optimistic about the massive opportunities available within the Global Military and Law Enforcement markets given the unique technological advances within our product offerings,” stated Kathy Hanrahan, AMMO Inc.’s President of Global Tactical Defense. “Throughout 2018, our Tactical Defense Group took the critical steps needed to build a strong portfolio of match grade ammunition for our Nation’s Military and Law Enforcement markets. This began with the acquisition of SWK, which included key technological assets, that we believe will advance the force capability for the United States military, as well as NATO member countries. Following this, we utilized two military trained snipers to conduct range testing of our new products and received their feedback. This confirmed our new lines of ammunition exceeds current military performance requirements, as well as leading competitor results. We are excited to be the market leader with a new technologically advanced portfolio of ammunition for war fighters around the world.”
The Company also announced that after a successful 40 store test that commenced in July, AMMO, Inc.’s STREAKTM Visual Ammunition product line is being rolled out to 142 Bass Pro Shops and Cabela’s locations immediately.
“Our expansion across Bass Pro Shops’ and Cabela’s impressive footprint is a great milestone for AMMO Inc. and validates the uniqueness of our innovative product line,” commented Mark Hanish, AMMO Inc.’s President of Global Commercial Sales & Marketing. “Consumers are being drawn to the laser-like signature of our patented STREAKTM Visual Ammunition. We continue to pursue innovations that improve the functionality and enjoyment of shooting sports and look forward to additional product introductions in the future.”
About Bass Pro Shops
Bass Pro Shops is North America’s premier outdoor and conservation company. Founded in 1972 when avid young angler Johnny Morris began selling tackle out of his father’s liquor store in Springfield, Missouri, today the company provides customers with unmatched offerings spanning premier destination retail, outdoor equipment manufacturing, world-class resort destinations and more. In 2017 Bass Pro Shops acquired Cabela’s to create a “best-of-the-best” experience with superior products, dynamic locations and outstanding customer service. Bass Pro Shops also operates White River Marine Group, offering an unsurpassed collection of industry-leading boat brands, and Big Cedar Lodge, America’s Premier Wilderness Resort. Under the visionary conservation leadership of Johnny Morris, Bass Pro Shops is a national leader in protecting habitat and introducing families to the outdoors and has been named by Forbes as “one of America’s Best Employers.”
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
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Griffin Bartman
Chevalier Advertising, Marketing & Public Relations
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Griffin@Chevalier-adv.com