POINT BLANK ENTERPRISES ACQUIRES UNITED SHIELD INTERNATIONAL LIMITED

Expands global capabilities to offer complete systems for protective solutions including, body armor, hard armor plates, shields, helmets, and bomb suits worldwide POMPANO BEACH, Fla., Sept 5 (Bernama-GLOBE NEWSWIRE) -- Point Blank Enterprises (“Point Blank” or “PBE”), the worldwide leader in the production of soft body armor and related protective solutions, announced today that it has successfully completed its acquisition of United Shield International Limited (USIL), a ballistic armor manufacturer located in Andover, Hampshire, United Kingdom. Commenting on the USIL acquisition, Daniel Gaston, Chief Executive Officer of Point Blank Enterprises, Inc., stated, “The acquisition of USIL further strengthens our product and technology portfolio in personal body armor protection, while adding new capabilities in the areas of manufacturing hard armor products, helmets, plates, shields, and EOD suits.  Our businesses have complementary assets and will offer advanced products to the military and law enforcement agencies of countries around the world which support global security.  We are delighted to bring United Shield International Limited into our organization and look forward to working with its team to leverage our joint portfolios and skillsets, while providing protection to those men and women protecting our streets and in combat around the world.” Founded in 2005 United Shield International Limited is one of the leading manufacturers in the world of personal ballistic and fragmentation protection and fragmentation equipment, with design and manufacturing operations in Andover, Hampshire, in the United Kingdom. United Shield's management team and staff have more than eighty years collective specialist experience and expertise of designing and manufacturing ballistic helmets, body armor, ballistic shields, hard armor plates, EOD/IED protection equipment, mine clearance and demining equipment and a variety of other ballistic and fragmentation protection products.  http://mrem.bernama.com/viewsm.php?idm=29943