toddski
6 years ago
Anybody know what this is about?
On June 29, 2017, the Board of Directors elected Craig Campbell as Chief Executive Officer, Francis Michaud as Chief Financial Officer, and Greg Sullivan as Chief Commercial Officer. Their biographical information is set forth in the definitive Proxy Statement filed with the Securities and Exchange Commission on May 31, 2017 and incorporated by reference herein. The Proxy Statement also describes the compensation that is paid to an affiliate of Mr. Campbell, namely, Resilience Capital, Inc. Resilience will continue to receive an annual fee of $250,000 payable in equal monthly installments. As for the other executive officers named above, none of them currently have employment agreements and are considered employees at will.
Who is resilience capital and why are they paying them 250k/year? To me seems like dead weight and no reason to shell out that much per year.
geodan
6 years ago
Item 5.02 Departure of Director or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers
The Company is announcing that Michael J. Gordon, formerly a director and Chief Executive Officer of the Company, and currently the Chief Executive Officer of the Company’s subsidiaries, namely, HighCom Armor Solutions and BlastGard Technologies, Inc., is retiring effective December 31, 2017. Michael Bundy, who is currently acting as the Chief Operating Officer of the Company’s operating HighCom subsidiary will become its Interim Chief Executive Officer. Earlier this month, Greg Sullivan, Chief Commercial Officer of the Company, resigned from his position with the Company.
This does not look good and I have a fair amount of HCGS. Have talked with Mike and liked him. Since new CEO came in results have dropped and two key people have left.
NetworkNewsWire
6 years ago
HCGS at the Forefront of Body Armor Technology
- Demand for improved body protection for military and civilian applications likely to rise
- HighCom’s patented body armor technology is unique in the industry
- 37% increase in HighCom revenues for H1 2017 over H1 2016
Law enforcement officers are on the frontline of crime fighting efforts throughout the United States, and, with the rise in police fatalities in recent years, body armor has become a critical issue. Fox News reported that, according to a register kept by the National Law Enforcement Officers Memorial Fund, 135 officers were killed in 2016, the highest number of fatalities in five years (http://nnw.fm/A6shI). For the current year to date, there have been 111 deaths, down by 11 percent from 2016. However, even one firearm-related fatality is too much, and law enforcement agencies are committed to ensuring that their officers are protected at all times. HighCom Global Security, Inc. (OTC: HCGS) is at the forefront of officer protection efforts through its body armor development programs, which involve the design, development, testing and manufacture of protective equipment. The company has developed a range of over 20 NIJ-compliant hard and soft armor products.
On another front, HighCom has GSA approval to supply the U.S. government with protective equipment, and it played a significant role in providing body armor for U.S. troops deployed in Iraq and Afghanistan. Its patented BlastWrap® technology is not designed to entirely resist impacts or blasts, but to reduce the impact significantly.
The product has been engineered to remove most of the energy from an explosion. BlastWrap® products are made from two flexible films of material filled with blast weakening volcanic glass beads or other suitable materials and covered with an extinguishing coating. This design lessens the effect of a blast while eliminating fireballs or flame fronts associated with the blast. All of the company’s products are configured for specific applications, whether for military or civilian use. This innovative material can be used to custom make protective barriers for any application and as a stand-alone material for insulation, ballistic armor or packaging. It can be used to provide fire and blast protection by lining any area on board aircraft, vehicles and ships.
HighCom has an extensive range of body protective equipment in both hard and soft formats. Its Type IIA armor provides body protection against small firearms, while Type II is designed to withstand impacts from larger handguns. Type IIIA body armor is the type normally employed by law enforcement officers, as it provides effective protection against high-powered revolvers. Types III and IV, on the other hand, are used to protect personnel against rifle rounds. The company’s products are designed and manufactured to the highest standards. All of its helmets conform to U.S. military specifications and undergo ballistic testing according to the NIJ 0106.01 standard, enabling HighCom to warrant their reliability in all combat and tactical situations.
Apart from law enforcement agencies, the company also supplies the Departments of Defense and Homeland Security, correctional facilities and municipal authorities. It also sells equipment to other countries in Europe, South America, Asia, Africa and the Middle East.
The company posted excellent financial results for the first six months of 2017, reporting revenues of $2.6 million, an increase of 37 percent over the same period in 2016. With both military and security agencies continually looking to improve the level of protection for their personnel, HighCom is eminently qualified to rise to that challenge and continue its business growth.
For more information, visit the company’s website at www.HighComSecurity.com
NetworkNewsWire
6 years ago
HCGS Sets the Bar for High Quality Defense Equipment
HighCom Global Security (OTC: HCGS) sets the standard as a provider of high quality equipment and services for the security and defense industries. The company’s subsidiary, HighCom Armor Solutions, focuses on the body armor and personal protective equipment markets and its BlastGard Technologies subsidiary manufactures and markets proprietary blast mitigation materials. A leader in the industry, HighCom was recently featured in an article that said in part, “Since 1997, HighCom Global Security, Inc. (OTC: HCGS) has been supplying the U.S. government and law enforcement agencies throughout the nation with a variety of soft and hard body protecting solutions. When U.S. troops were deployed in Iraq and Afghanistan, the company was there, playing a major role supplying hundreds of thousands of hard armor pieces. As a result, HighCom is now recognized as a trusted and valuable resource for high quality and cost-effective NIJ-certified armor solutions.”
To view the full article, visit http://nnw.fm/xfUc4
About HighCom Global Security, Inc.
Highcom Global is a leading provider of equipment and services for the security and defense industries. We acquire, manage and build industry leading businesses which provide specialized, mission-critical solutions that address the needs of our customers. Our businesses continuously develop innovative solutions that enable our customers to achieve their objectives. With an experienced team and a proven track record of solid growth, we’re establishing a broad portfolio of security businesses to provide our customers and shareholders with exceptional returns. Its HighCom Armor division provides high performance and affordable body armor, personal protective equipment, and armor systems and related accessories, while its BlastGard division has patented BlastWrap® technology that acts as a “virtual tent” to effectively mitigate blast effects and suppress post-blast fires. For more information about the company, visit the company’s website at www.HighComGlobal.com
NetworkNewsWire
6 years ago
HCGS Receives Approval to Uplist to OTCQB
HighCom Global Security (OTC: HCGS) this morning announced that it has received confirmation from the OTC Markets approving the company’s objective to upgrade from the OTC Pink sheets to the OTC-QB Venture Marketplace. HighCom will continue trading under its current symbol HCGS. “The move off the Pink sheets to a more credible and transparent platform speaks to our commitment to creating greater accountability, continued growth for HighCom Global Security and increased liquidity for our shareholders,” HighCom Global Security CEO Craig Campbell stated in the news release.
To view the full press release, visit http://nnw.fm/YSy17
About HighCom Global Security, Inc.
HighCom Global is a leading provider of equipment and services for the security and defense industries. We acquire, manage and build industry leading businesses which provide specialized, mission-critical solutions that address the needs of customers. HighCom’s businesses continuously develop innovative solutions that enable its customers to achieve their objectives. With an experienced team and a proven track record of solid growth, the company is establishing a broad portfolio of security businesses to provide its customers and shareholders with exceptional returns. Its HighCom Armor division provides high performance and affordable body armor, personal protective equipment, and armor systems and related accessories, while its BlastGard division has patented BlastWrap® technology that acts as a “virtual tent” to effectively mitigate blast effects and suppress post-blast fires. For more information, visit the company’s website at www.HighComGlobal.com.
geodan
6 years ago
NNW that is better because of: Recent financial performance has exceeded expectations. Revenues for the second quarter 2017 were $1.5 million, a triple-digit increase over revenues of $698K reported in the second quarter of 2016. For the first six months of 2017, HighCom Global reported revenues of $2.6 million, an increase of more than $700,000 from revenues of $1.9 million reported in the first half of 2016.
It was at the end but that gives people a reason to buy the stock.
Whoops that was not the correct numbers,so editing this post. 10Q says: Results of Operations
The following information represents our results of operations for the three and nine months ended September 30, 2017:
For the three months ended September 30, 2017, we recognized revenues of $1,271,687 as compared to $2,812,357 for the comparable period of the prior year. For the nine months ended September 30, 2017, we recognized revenues of $3,990,199 as compared to $4,757,632 for the comparable period of the prior year. In future operation periods, the Company expects growth through the addition of new distributors and from increased demand for personal body armor for both domestic and international markets.
Unfortunately your numbers are not correct.
NetworkNewsWire
6 years ago
HCGS Supplies Life-saving Private Label Armor Solutions
- Trusted resource for high-quality, cost-effective NIJ-certified body armor
- Serving U.S. government and law enforcement agencies for over 20 years
- Supplied ordnance to U.S. forces in Iraq and Afghanistan
Since 1997, HighCom Global Security, Inc. (OTC: HCGS) has been supplying the U.S. government and law enforcement agencies throughout the nation with a variety of soft and hard body protecting solutions. When U.S. troops were deployed in Iraq and Afghanistan, the company was there, playing a major role supplying hundreds of thousands of hard armor pieces. As a result, HighCom is now recognized as a trusted and valuable resource for high quality and cost-effective NIJ-certified armor solutions. Located in Columbus, Ohio, the company’s manufacturing and distribution facility and its R&D and ballistic laboratory allows it to effectively manage all critical aspects of design, production and supply of its products. And HighCom continues to work with the largest manufacturers and distributors in the world through its OEM and private-label program, many of whom rely on HighCom to design, develop, test and manufacture armor solutions under subcontract agreements.
Protecting law enforcement officers (LEOs) with effective body armor has become ever more crucial in recent times. Data published by the National Law Enforcement Officers Memorial Fund (NLEOMF) indicate the rising level of threat to LEOs. In 2016, law enforcement fatalities nationwide rose to their highest level in five years, with 135 officers killed in the line of duty (http://nnw.fm/lYz5l). This represents a 10 percent increase over the 123 who died in the line of duty in 2015 and is the highest total since 2011, when 177 officers made the ultimate sacrifice. Firearms-related incidents were the number one cause of death in 2016, with 64 officers shot and killed across the country. This represents a significant spike—56 percent—over the 41 officers killed by gunfire in 2015. Of the 64 shooting deaths of officers in 2016, 21 (33%) were the result of ambush-style attacks—the highest total in more than two decades. If nothing else, these alarming statistics demonstrate the pressing need LEOs have for effective body armor.
And HighCom, in the business of saving lives, has a wide range of body protection gear. Its product lineup includes Type IIA body armor, which offers basic protection against smaller caliber handgun threats; Type II body armor, which provides protection against larger handguns, including many common smaller caliber pistols with standard pressure ammunition and against many revolvers; Type IIIA body armor, which can resist heavy pistol calibers including most law enforcement ammunition and many higher powered revolvers, and Type III and IV body armor, which provide protection against rifle rounds, generally only used in tactical situations.
In February 2017, the company introduced four new hard armor models to its ballistic product line, receiving NIJ compliance status through the National Institute of Justice Compliance Testing Program (NIJ CTP), the only nationally accepted standard for body armor. And in July 2017, approval was received from the NIJ on two additional armor models: a Level IIIa elite, lightweight, high-performance soft armor panel; and a Level III++, multi-curve, hard armor ballistic plate. With the launch of these new models, HighCom Armor now has 11 hard armor NIJ 0101.06 certified ballistic plate models, as well as five soft armor NIJ 0101.06 certified panel solutions.
Operating from a 32,865 square foot manufacturing and distribution facility located in Columbus, Ohio, HighCom can handle large scale, time-sensitive global supply needs. Its logistics center in Florida serves customers in North America, such as the Department of Defense and the Department of Homeland Security, local law enforcement agencies, correctional facilities, municipal authorities and large corporations, as well as others throughout the world. Past sales have been to Asia, Africa, Europe, Latin America, and the Middle East. Recent financial performance has exceeded expectations. Revenues for the second quarter 2017 were $1.5 million, a triple-digit increase over revenues of $698K reported in the second quarter of 2016. For the first six months of 2017, HighCom Global reported revenues of $2.6 million, an increase of more than $700,000 from revenues of $1.9 million reported in the first half of 2016.
For more information about the company, visit its website at www.HighComGlobal.com
NetworkNewsWire
6 years ago
HCGS's BlastWrap™ Softens Blasts, Suppresses Fire
HighCom Global Security, Inc. (OTC: HCGS) manufactures and distributes protective products, such as BlastWrap™, for the defense industry and law enforcement sectors worldwide. An article discussing this reads: “For the past decade, HighCom Global Security has been able to offer multiple solutions targeting these rapidly evolving markets within the defense and security industries. The company’s BlastWrap™ proprietary material is proven to effectively mitigate blasts and suppress fires resulting from explosions of any size and kind. Importantly, this unique technology is able to dissipate blast energy, which reduces the aftermath of acoustic and shock waves, peak overpressure, reflected peak overpressure, impulse and afterburn. Industry applications for BlastWrap™ products are many since it works indoors or out, in vented or unvented environments, wet or dry, clean or dirty, damaged or intact areas, and against strong or weak blasts from solid explosive or flammable fluids.”
To view the full article, visit http://nnw.fm/6pd0R
About HighCom Global Security, Inc.
HighCom Global is a leading provider of equipment and services for the security and defense industries. We acquire, manage and build industry leading businesses which provide specialized, mission-critical solutions that address the needs of customers. HighCom’s businesses continuously develop innovative solutions that enable its customers to achieve their objectives. With an experienced team and a proven track record of solid growth, the company is establishing a broad portfolio of security businesses to provide its customers and shareholders with exceptional returns. Its HighCom Armor division provides high performance and affordable body armor, personal protective equipment, and armor systems and related accessories, while its BlastGard division has patented BlastWrap® technology that acts as a “virtual tent” to effectively mitigate blast effects and suppress post-blast fires. For more information, visit the company’s website at www.HighComGlobal.com.
geodan
6 years ago
NNW the growth thing for industry sector is good, but you still are giving no one a reason to buy the stock. What is the P/E (very good), what is the Price/Sales? Very good. Does it have any growth? Believe it does.
That PR has generalities that can be said about any company. The company has maybe a $7 million market cap. If you want the the stock to go up you have to give people a reason to invest, such as nanocaps with sales and profits outperform the market.
I am not trying to be mean to you. Have fair amount of HCGS and would like to see it go up.
Things that would work? Sure, like what competitive advantages does HCGS have?
If you can get someone to write a research report on HCGS then that would accomplish something. These PRs are doing nothing.
Curious, do you invest yourself? What is your investing record? Are you getting paid to do this? Again not trying to be mean, just want PRs that will be effective.
Sincerely, Geodan
NetworkNewsWire
6 years ago
HCGS Plays a Vital Role in Defense and Security Industries
-Public safety and security markets projected to reach $456 billion by 2021
-HighCom Armor Solutions, Inc., and BlastGard Technologies, Inc. serve security and defense customers worldwide
-Department of Homeland Security certification approved for ballistic armor, protective equipment
HighCom Global Security, Inc. (OTC: HCGS), a global leader in blast effects mitigation solutions, manufactures and distributes protective products for the defense industry and law enforcement sectors worldwide. The company operates under two segments, BlastGard Technologies Inc. and Highcom Armor Solutions, Inc., with both providing mission critical products designed and tested to save lives. The company is dedicated to serving this highly specialized field of customers with the most cost effective, quality protective products that meet all standards set by federal, state and local agencies.
A research report by MarketsandMarkets suggests that the public safety and security market will grow from around $247 billion in 2016 to more than $456 billion by 2021 at an estimated compound annual growth rate of 13 percent (http://nnw.fm/E1nyf). Governments around the globe are searching for ways to protect citizens in the wake of increasing threats to public safety, fueling the demand for safety and security solutions.
For the past decade, HighCom Global Security has been able to offer multiple solutions targeting these rapidly evolving markets within the defense and security industries. The company’s BlastWrap™ proprietary material is proven to effectively mitigate blasts and suppress fires resulting from explosions of any size and kind. Importantly, this unique technology is able to dissipate blast energy, which reduces the aftermath of acoustic and shock waves, peak overpressure, reflected peak overpressure, impulse and afterburn. Industry applications for BlastWrap™ products are many since it works indoors or out, in vented or unvented environments, wet or dry, clean or dirty, damaged or intact areas, and against strong or weak blasts from solid explosive or flammable fluids.
In addition, HighCom designs, develops, tests, manufactures, and distributes body armor and personal protective equipment including more than two dozen NIJ compliant hard and soft armor products. The United States military is consistently seeking ways to improve the protection of its soldiers and is expected to roll out a new, lighter body armor system by 2019. Reducing the weight of body armor while meeting future threats is top priority, according to a Government Accountability Office report issued in May to Congress (http://nnw.fm/KzX52).
HighCom’s reputation for innovative technology, exceptional customer service and superior quality performance is being demonstrated around the globe as it continues to supply a host of products essential to protecting lives.
For more information about the company, visit its website at www.HighComGlobal.com
NetworkNewsWire
7 years ago
HCGS Debuts New Website for Enhanced Services to Security and Defense Clients
HighCom Global Security, Inc. (OTC: HCGS), a leading global provider of blast effects mitigation solutions, recently announced the launch of a new website representing the company’s security and defense products brand, its pursuit of innovation, and its effective acquisition strategy. The site serves as a portal into HighCom’s brand and services by demonstrating what has enabled the company to reach a level of sustained growth while offering investors and customers unique opportunities within this highly specialized field. An article discussing this reads: “The website incorporates HCGS’s two main businesses. HighCom Armor Solutions, Inc. is a designer and tester of body armor and personal protective equipment; it’s also a leader in manufacturing and distributing these vital products, including hard and soft armor, to federal, state, and local law enforcement agencies. The company serves several military branches as well. Body armor products are sold directly on the website, making it easy for agencies to procure the equipment they need to protect personnel at all times.”
To view the full article, visit http://nnw.fm/q1PsJ
About HighCom Global Security, Inc.
HighCom Global is a leading provider of equipment and services for the security and defense industries. We acquire, manage and build industry leading businesses which provide specialized, mission-critical solutions that address the needs of our customers. Our businesses continuously develop innovative solutions that enable our customers to achieve their objectives. With an experienced team and a proven track record of solid growth, we’re establishing a broad portfolio of security businesses to provide our customers and shareholders with exceptional returns. Its HighCom Armor division provides high performance and affordable body armor, personal protective equipment, and armor systems and related accessories, while its BlastGard division has patented BlastWrap® technology that acts as a “virtual tent” to effectively mitigate blast effects and suppress post-blast fires. For more information, visit the company’s website at www.HighComGlobal.com.
NetworkNewsWire
7 years ago
HCGS Launches New Website to Better Serve Security and Defense Customers
- HighCom’s website showcases its two divisions – HighCom Armor Solutions, Inc., and BlastGard Technologies, Inc.
- The Department of Homeland Security has approved and certified the company’s ballistic armor and protective equipment
- The company maintains its ISO 9001:2008-certfied Quality Management System and supplies over 20,000 pieces of armor per month
A global leader in blast effects mitigation solutions, HighCom Global Security, Inc. (OTC: HCGS) has announced the launch of a new website that represents its security and defense products brand, pursuit of innovation, and its effective acquisition strategy. The site is a portal into the company’s brand and its services. It demonstrates what has enabled HighCom to reach a level of sustained growth and give customers and investors unique opportunities in this highly specialized field.
The website incorporates HCGS’s two main businesses. HighCom Armor Solutions, Inc. is a designer and tester of body armor and personal protective equipment; it’s also a leader in manufacturing and distributing these vital products, including hard and soft armor, to federal, state, and local law enforcement agencies. The company serves several military branches as well. Body armor products are sold directly on the website, making it easy for agencies to procure the equipment they need to protect personnel at all times.
A key part of HighCom is now BlastGard Technologies, Inc., a manufacturer and supplier of proprietary blast mitigation materials. Its BlastWrap® technology, used on new products and to retrofit others, can suppress the effects of blasts and the fires that can result. The technology has been used in structural walls, commercial aircraft, cargo containers, aboard naval vessels, and in fuel tanks. It’s also been implemented aboard offshore platforms, in fireworks plants, and by explosives manufacturers. The Safety Act certified product is on the “Approved Products List for Homeland Security” and approved by the General Services Administration.
HighCom Global Security has had much success in 2017, introducing new products to its line of armor, bullet proof vests, shields, helmets, plates, rifle armor, vest attachments, ballistic blankets, bags/pouches, and civilian armor systems. The latest additions to the product line include the Level IIIa elite high-performance soft armor panel, and the Level III++ multi-curve hard armor ballistic plate. In addition, the company has undergone a corporate restructuring that recently added Craig B. Campbell as HCGS’s chief executive officer. The reorganization also included a name change, formation of a new board of directors, and division of the business into two distinct entities. HighCom Armor Solutions now serves the global market of personal protective equipment, while BlastGard is devoted to blast mitigation technology serving a diverse global market.
Department of Defense contracts have represented a major portion of HighCom’s business. It supplied nearly a million pieces of ballistic armor over about a decade. Founded in 1997, the company has stepped up its output capacity and can now supply over 20,000 pieces of armor monthly. Its ISO 9001:2008-certfied Quality Management System continues to guarantee that all products manufactured and delivered by HCGS are approved by the International Organization of Standards, guaranteeing compliance and effectiveness. The company’s quality system has been in place since 2005.
For more information about the company, visit its website at www.HighComGlobal.com.
NetworkNewsWire
7 years ago
HCGS Adheres to Highest Quality Standards in Bringing New Security and Defense Products to Market
HighCom Global Security, Inc. (OTC: HCGS), a leading provider of blast effects mitigation solutions along with other equipment and services for the security and defense industries, has brought several new products to the market during 2017 while upholding its ISO 9001:2008-certified Quality Management System, which has been in place since 2005 and was certified in 2006. This system helps ensure approval of all HighCom’s products by the International Organization for Standardization (ISO). An article further discussing this reads: “The company serves law enforcement, military and government customers, as well as those in the commercial sector. It can offer fire suppression for naval vessels and merchant ships. Products are also available to help protect buildings against vehicle-delivered bombs. In addition, the company supplies a line of rifle armor, civilian armor systems, vest attachments, and bags and pouches. Just this year, several new products were introduced, including a lightweight and high-performance soft armor panel (the Level IIIa elite) and multi-curve, hard armor ballistic plate (the Level III++). Four new hard armor products were added in February, which have been recognized by the NIJ’s Compliance Testing Program. In terms of body armor, it is the only standard that has been nationally accepted. HighCom’s total of 11 hard armor and five soft armor solutions are certified to the institute’s high quality standards.”
To view the full article, visit http://nnw.fm/ou4AW
About HighCom Global Security, Inc.
HighCom Global is a leading provider of equipment and services for the security and defense industries. We acquire, manage and build industry leading businesses which provide specialized, mission-critical solutions that address the needs of our customers. Our businesses continuously develop innovative solutions that enable our customers to achieve their objectives. With an experienced team and a proven track record of solid growth, we’re establishing a broad portfolio of security businesses to provide our customers and shareholders with exceptional returns. Its HighCom Armor division provides high performance and affordable body armor, personal protective equipment, and armor systems and related accessories, while its BlastGard division has patented BlastWrap® technology that acts as a “virtual tent” to effectively mitigate blast effects and suppress post-blast fires. For additional information, visit www.HighComGlobal.com.
NetworkNewsWire
7 years ago
HCGS Serves a Global Market with a Focus on Quality Management
- HighCom’s blast protection products are ISO 9001:2008 certified and meet the quality standards of BA 9000
- The company has manufactured over a million plates with no operational failures or recalls
- In Q2 2017, it reported a 116 percent increase in year-over-year revenues, with $1.5 million earned over a three-month period
HighCom Global Security, Inc. (OTC: HCGS), a leader in blast effects mitigation solutions, has introduced several new products in 2017, while continuing to uphold its ISO 9001:2008-certified Quality Management System. This system has been in place since 2005 and was certified the following year. It helps assure approval of all products by the International Organization for Standardization (ISO). HighCom works to meet the basic requirements and continually make improvements. Its plates, helmets, shields, and other types of armor; bullet proof vests; ballistic blankets; and other offerings also adhere to the armor quality standards of BA 9000 certification, established by the National Institute of Justice (NIJ).
The company serves law enforcement, military and government customers, as well as those in the commercial sector. It can offer fire suppression for naval vessels and merchant ships. Products are also available to help protect buildings against vehicle-delivered bombs. In addition, the company supplies a line of rifle armor, civilian armor systems, vest attachments, and bags and pouches.
Just this year, several new products were introduced, including a lightweight and high-performance soft armor panel (the Level IIIa elite) and multi-curve, hard armor ballistic plate (the Level III++). Four new hard armor products were added in February, which have been recognized by the NIJ’s Compliance Testing Program. In terms of body armor, it is the only standard that has been nationally accepted. HighCom’s total of 11 hard armor and five soft armor solutions are certified to the institute’s high quality standards.
Since its founding in February 1997, the company has served a large and diverse market. Over about a decade, it distributed nearly one million pieces of ballistic armor via Department of Defense contracts, and it has capacity to output more than 20,000 pieces of armor each month. This high level of performance doesn’t seem to be slowing down. In a recent news release (http://nnw.fm/Fhg99), HighCom Global Security reported a year-over-year increase of 116 percent for Q2 revenues. The company reported revenue of $1.5 million for the quarter, and $2.6 million for the first half of the year, which marked a 37.5 percent increase over the first half of 2016.
Its continued success is in part due to an ability to serve the global defense market and adhere to leading standards, but HighCom’s own technical development strategy also plays a role. A ballistic testing laboratory at the company’s Columbus, Ohio R&D center and manufacturing plant is where soft body armor, shields, tactical armor systems, helmets, and other products are developed and quality controlled. Here, testing guarantees 100 percent effectiveness, according to the company, and includes the same tests conducted at NIJ-approved ballistic labs worldwide.
For more information, visit the company’s website at www.HighComGlobal.com
NetworkNewsWire
7 years ago
HCGS Reports 116% YOY Increase in Q2 Revenues
Leading security solutions provider HighCom Global Security, Inc. (OTC: HCGS) this morning announced its financial results for the second quarter and first half of 2017. Among the highlights, the company reported $1.5 million in revenues for the three-month period, marking an increase of 116 percent from the second quarter of 2016. Likewise, HighCom Global recorded $2.6 million in revenues for the first half of 2017, marking a 37.5 percent increase from the comparable period of 2016. “We have consistently grown our revenues year-over-year, driven by increased consumer demand and our ability to meet corporate goals,” Craig Campbell, CEO of HighCom Global, stated in the news release. “From 2013 to 2016, we have achieved CAGR at an impressive 40%.” The company attributed this strong performance to strength in each of its operating segments, including hard armor, soft armor, shields and ballistic helmets. Moving forward, HighCom Global intends to continue building on this momentum while pursuing additional opportunities by leveraging “the expertise of its newly assembled executive leadership team and world-class board of directors.”
To view the full press release, visit http://nnw.fm/pu68B
About HighCom Global Security, Inc.
Highcom Global is a leading provider of equipment and services for the security and defense industries. We acquire, manage and build industry leading businesses which provide specialized, mission-critical solutions that address the needs of our customers. Our businesses continuously develop innovative solutions that enable our customers to achieve their objectives. With an experienced team and a proven track record of solid growth, we’re establishing a broad portfolio of security businesses to provide our customers and shareholders with exceptional returns. Its HighCom Armor division provides high performance and affordable body armor, personal protective equipment, and armor systems and related accessories, while its BlastGard division has patented BlastWrap® technology that acts as a “virtual tent” to effectively mitigate blast effects and suppress post-blast fires. For more information, visit www.HighComSecurity.com
NetworkNewsWire
7 years ago
HCGS Provides Update on Key Corporate Milestones
Leading security solutions provider HighCom Global Security, Inc. (OTC: HCGS) this morning offered an update on key milestones the company has achieved in its product technology this year. These include the February launch of four new hard armor models through its HighCom Armor Solutions, Inc. division and the July NIJ approval of two additional armor models, including a Level IIIa elite, lightweight, high-performance soft armor panel and a Level III++, multi-curve, hard armor ballistic plate. “The addition of these new products increases HighCom Armor’s ability to equip our customers with high quality, in demand armor that has been the cornerstone of this company for 20 years,” Craig Campbell, CEO of HighCom Global Security, stated in the news release. “With the re-focusing of our corporate structure on the global community, HighCom Armor will continue to be a leader and innovator in the body armor market for the world.” With these recent product introductions, HighCom Armor now offers 11 hard armor NIJ 0101.06 certified ballistic plate models, as well as five soft armor NIJ 0101.06 certified panel solutions.
To view the full press release, visit http://nnw.fm/PTqz1
About HighCom Global Security, Inc.
Highcom Global is a leading provider of equipment and services for the security and defense industries. We acquire, manage and build industry leading businesses which provide specialized, mission-critical solutions that address the needs of our customers. Our businesses continuously develop innovative solutions that enable our customers to achieve their objectives. With an experienced team and a proven track record of solid growth, we’re establishing a broad portfolio of security businesses to provide our customers and shareholders with exceptional returns. Its HighCom Armor division provides high performance and affordable body armor, personal protective equipment, and armor systems and related accessories, while its BlastGard division has patented BlastWrap® technology that acts as a “virtual tent” to effectively mitigate blast effects and suppress post-blast fires. For more information, visit www.HighComSecurity.com
Level up your trading with our powerful tools and real-time insights all in one place.
$theDDmessiah
2 years ago
dontknowsht
4 years ago
MADDSTACKER
7 years ago
Hot Features
Premium
