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Point Blank comments on announcement from Steel Partners
09 Feb '08
2 min read
Point Blank Solutions Inc, received notice from Steel Partners that it intends to nominate five directors for election to the Company's Board of Directors at the Company's 2008 Annual Meeting of Stockholders.
Larry Ellis, the Company's President and Chief Executive Officer said, “The Board of Directors and management team of the Company are committed to acting in the best interests of the Company, our customers and all of our stockholders, and we are working diligently to maximize stockholder value.” He continued “We have a strong, well-qualified and independent Board. Our Board's nominating and Governance Committee will review the nominations and make a recommendation to our stockholders in due course.”
Point Blank Solutions Inc is a leader in the design and production of technologically advanced body armor systems for the U.S. Military, Government and law enforcement agencies, as well as select international markets.
The Company is also recognized as the largest producer of soft body armor in the U.S. With state-of-the-art manufacturing and laboratory testing facilities, strategic technology and marketing alliances, and an ongoing commitment to drive innovation, the Company believes that it can deliver the most advanced body armor solutions, quicker and better than anyone in the industry.
The Company maintains facilities in Deerfield Beach, FL, Oakland Park, FL, Pompano Beach, FL, Jacksboro, TN and Washington, DC.
Larry Ellis, the Company's President and Chief Executive Officer said, “The Board of Directors and management team of the Company are committed to acting in the best interests of the Company, our customers and all of our stockholders, and we are working diligently to maximize stockholder value.” He continued “We have a strong, well-qualified and independent Board. Our Board's nominating and Governance Committee will review the nominations and make a recommendation to our stockholders in due course.”
Point Blank Solutions Inc is a leader in the design and production of technologically advanced body armor systems for the U.S. Military, Government and law enforcement agencies, as well as select international markets.
The Company is also recognized as the largest producer of soft body armor in the U.S. With state-of-the-art manufacturing and laboratory testing facilities, strategic technology and marketing alliances, and an ongoing commitment to drive innovation, the Company believes that it can deliver the most advanced body armor solutions, quicker and better than anyone in the industry.
The Company maintains facilities in Deerfield Beach, FL, Oakland Park, FL, Pompano Beach, FL, Jacksboro, TN and Washington, DC.
Point Blank Solutions Inc
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