SCOTTSDALE, Ariz., Dec 13 (Bernama-GLOBE NEWSWIRE) --
AMMO, Inc. (OTC:POWW), a technology leader and premier American
ammunitions manufacturer, today announced its newest product offering,
STREAK Visual Ammunition. AMMO, Inc. holds the exclusive worldwide
rights for the incredible patented technology used to make the STREAK
products. STREAK is one of the most technologically advanced ammunition
to hit the market in decades.
"We are beyond excited to bring
STREAK Visual Ammunition to the market. Our acquisition of the
exclusive rights for the STREAK technology is a game changer for both
our company as well as the shooting industry. Once you shoot with
STREAK and you can actually see your projectile travel throughout its
path, you will be bored by shooting normal ammunition," said AMMO,
Inc.'s CEO, Fred Wagenhals.
Unlike conventional tracers, STREAK
rounds are NOT an incendiary, they don't use burning metals to generate
light. Replacing fire-hazard burning metals is a non-flammable phosphor
material that utilizes the light emitted during the discharging of the
round to make STREAK glow. STREAK does NOT generate heat, making STREAK
rounds safe to use in environments where traditional tracers are
prohibited and can be a serious fire hazard.
The results are game changing in many aspects for the consumer, law enforcement and military.
Photos accompanying this announcement are available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/a66734a7-55a2-481e-b544-ad0f2213f3fb
http://www.globenewswire.com/NewsRoom/AttachmentNg/e816bc99-8359-4b54-a89e-adacdd6e2789
A video accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/3776f659-0969-46f6-9ad7-47b736195026
The
glowing material used is applied only to the aft end of the projectile,
making it only visible to the shooter and those within a 30-degree
viewing window. Military and law enforcement appreciate that unlike
conventional tracers STREAK's glow is not visible to the target.
STREAK
ammunition is currently available in 9mm, .40 S&W, and .45 ACP.
The STREAK line will expand to include hollow points, a wider range of
calibers and will be available in both red and yellow/green colors.
About Ammo Incorporated
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 (see www.ammo-inc.com).
The Company was founded in 2016 with a vision to change, innovate and
invigorate the complacent munitions industry. AMMO promotes branded
munitions, including the Jesse James line of munitions and accessories,
/stelTH/ subsonic munitions, OPS (One Precise Shot), a lead-free
frangible tactical line of munitions for self-defense.
Forward-Looking Statements
This
release may contain forward-looking statements. Actual results may
differ from those projected due to a number of risks and uncertainties,
including, but not limited to, the possibility that some or all of the
matters and transactions considered by the Company may not proceed as
contemplated, and by all other matters specified in the Company's
filings with the Securities and Exchange Commission. These statements
are made based upon current expectations that are subject to risk and
uncertainty. Such factors include, among others, the demand for our
products; the state of the U.S. economy in general and the ammunition
industry in particular; general economic conditions and consumer
spending patterns; our competitive environment; the supply,
availability, and costs of materials and components; the potential for
increased regulation of our products; speculation surrounding fears of
terrorism and crime; our anticipated growth and growth opportunities;
our strategies; our ability to develop and maintain brand recognition
and reputation; our ability to introduce new products; the success of
new products; our ability to expand our markets; and other risks. The
Company does not undertake to update forward-looking statements in this
news release to reflect actual results, changes in assumptions or
changes in other factors affecting such forward-looking information.
Assumptions and other information that could cause results to differ
from those set forth in the forward-looking information can be found in
the Company's filings with the Securities and Exchange Commission (www.sec.gov), including its recent periodic reports.
Media Contact
Griffin Bartman
Griffin@Chevalier-adv.com
(503)-639-9190
Investor Relations Contact
James Palczynski
JP@ICRInc.com
(203)-682-8229
SOURCE : Ammo, Inc
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