AirBoss Announces Over US$123 Million of Contracts for PPE

NEWMARKET, Ontario, July 27, 2020 (GLOBE NEWSWIRE) — AirBoss of America Corp. (TSX: BOS) (the “Company” or “AirBoss”) today announced that AirBoss Defense Group (“ADG”) has been awarded a contract by the U.S. Department for Health and Human Services (“HHS”) – Office of the Assistant Secretary for Preparedness and Response (“ASPR”) for the manufacture and sale of 50,000 FlexAir™ Powered Air Purifying Respirator (“PAPR”) systems, 3,000,000 high efficiency filters and related accessories, including spare protective hoods, for delivery to the Strategic National Stockpile (“SNS”).  The contract is expected to be worth an aggregate amount of US$121 million.

“As the COVID-19 pandemic continues to evolve, federal organizations are increasingly examining ways to both manage their ongoing response, and also address their future emergency preparedness,” said Chris Bitsakakis, President and Chief Operating Officer of AirBoss. “Based on our work on the recently awarded FEMA contract, ADG is cementing its reputation for being able to deliver large volumes of product on short timelines. This latest win further validates our decision to form ADG, creating a larger and more sophisticated survivability solutions platform that can access and secure a broader range of contracts than AirBoss could previously on its own.”

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