AirBoss Awarded U.S. $2.8 Million Defense Contract.Business Editors NEWMARKET, Ontario--(BUSINESS WIRE)--April 2, 2004 Acton International Inc., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of AirBoss of America Corp. has been awarded a U.S. $2.8 million contract to supply Nuclear Biological and Chemical ("NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. ") protective gloves to the U.S. military. The gloves are to be supplied over an eight-month period commencing immediately. AirBoss Defense, a division of Acton International is a world leader in the development and supply of NBC military protective wear including gas masks, gloves and boots. AirBoss is a manufacturer of proprietary rubber and plastic products, railway track fastening products and one of North America's largest custom rubber compounders. AirBoss is listed on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. under the symbol BOS. Websites: www.airbossofamerica.com, www.airbossdefense.com . AIRBOSS FORWARD LOOKING STATEMENT DISCLAIMER This report contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , which reflect management's best judgement based on factors currently known but involve significant risks and uncertainties. Actual results could differ materially from those anticipated in these forward-looking statements as a result of a number of factors, including but not limited to risks more fully described in the "Risk factors" section of the Company's Annual Report, and other risks detailed in filings with the Ontario Securities Commission The Ontario Securities Commission (OSC) is a regulatory agency which administers and enforces securities legislation in the Canadian province of Ontario. The OSC is an Ontario Crown corporation which reports to the Ontario legislature through the Minister of Finance. . Forward-looking information provided pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. established by recent securities legislation should be evaluated in the context of these factors. |
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