Pride Receives $1,500,000 Order for Bodyguard Body Armor.CAMARILLO, Calif. -- Pride Business Development Holdings, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :PDVG), a manufacturer of ballistic bal·lis·tic adj. 1. a. Of or relating to the study of the dynamics of projectiles. b. Of or relating to the study of the internal action of firearms. 2. resistant body armor Noun 1. body armor - armor that protects the wearer's whole body body armour, cataphract, coat of mail, suit of armor, suit of armour armet - a medieval helmet with a visor and a neck guard and other personal protective clothing, announced today that it has received an order to deliver its Bodyguard[R] brand body armor to be used by the correctional system of Mexico City Mexico City Spanish Ciudad de México City (pop., 2000: city, 8,605,239; 2003 metro. area est., 18,660,000), capital of Mexico. Located at an elevation of 7,350 ft (2,240 m), it is officially coterminous with the Federal District, which occupies 571 sq mi , Mexico. Under the terms of the purchase order, one-eighth of the Bodyguard[R] body armor vests ordered are to be shipped immediately and the balance is to be provided following approval of the first shipment. The purchase order calls for partial payment prior to delivery, with the balance paid thirty days after approval. The initial partial payment has been received. There is no guarantee that the remaining balance of the purchase order will be approved following the first shipment or that we will receive the balance owed under the purchase order. Ari L. Markow, President of Pride Business Development Holdings, Inc., stated, "We anticipate delivering the initial shipment of Bodyguard body armor vests in November and the balance prior to the end of 2006." Mr. Markow went on to state, "We plan on utilizing both our California and our Tennessee facilities to ensure timely delivery of this significant order." ABOUT PRIDE BUSINESS DEVELOPMENT HOLDINGS, INC. Pride Business Development Holdings, Inc. ("Pride"), with its brand of Bodyguard[R] products, is a specialty and protective clothing and materials manufacturer for the domestic and international law enforcement, military and dangerous materials handling Materials handling The loading, moving, and unloading of materials. The hundreds of different ways of handling materials are generally classified according to the type of equipment used. markets. Pride's headquarters are located within its 35,000 square foot manufacturing facility and showroom in Camarillo, California Camarillo is a city in Ventura County, California, United States. The population was 57,077 at the 2000 census. A January 1, 2006 California Department of Finance estimate lists the population at 64,034. The Ventura Freeway (U.S. Route 101) is the city's primary thoroughfare. . Pride now also occupies a 10,000 square foot manufacturing facility in Jacksboro, Tennessee Jacksboro is a town in Campbell County, Tennessee, USA The population was 1,887 at the 2000 census. It is the county seat of Campbell CountyGR6. Geography Jacksboro is located at (36.331511, -84. , which will specialize in the manufacture of tactical body armor and accessories for law enforcement and military. Pride is currently finalizing construction of its own ballistic laboratory at its Camarillo, California headquarters. For information about Pride Business Development Holdings, Inc. please visit our website at www.pridegroup.org or call us at 866-868-0461. For more information about Pride's subsidiary, Bodyguard, Inc., please visit our website at www.yourbodyguard.com or call us at 866-868-0461. 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. STATEMENT Safe Harbor Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The Statements which are not historical facts contained in this press release are 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 are based largely on the Company's expectations and are subject to various business risks and uncertainties, certain of which are beyond the Company's control. Words such as "expects," "anticipates," "targets," "goals," "projects," "intends," "plans," "believes," "seeks," "estimates," variations of such words, and similar expressions are intended to identify such forward-looking statements. These forward-looking statements are only predictions that speak as of the date hereof and are subject to risks, uncertainties and assumptions that are difficult to predict. Therefore, actual results may differ materially and adversely from those expressed in any forward-looking statements. Factors that might cause or contribute to such differences include, but are not limited to, those discussed in our reports on file with the Securities and Exchange Commission. You are cautioned not to place undue reliance on these forward- looking statements that speak only as of the date hereof. We undertake no obligation to revise or update publicly any forward-looking statements to reflect any change in the expectations of our management with regard thereto or any change in events, conditions, or circumstances on which any such statements are based. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion