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. Federal Emergency Management Agency (FEMA) for the manufacture and sale of 100,000 FlexAir™ Powered Air Purifying Respirator (“PAPR”) systems, 600,000 filters, and related accessories. The contract is expected to be worth an aggregate amount of US$96.4 million and represents the single largest order received by ADG to date. The majority of the order is scheduled to be rapidly delivered over a period of approximately 13 weeks with initial deliveries commencing promptly in the second quarter of 2020. Since October 2018, AirBoss has received awards for a range of chemical, biological, radiological and nuclear (“CBRN”) protective solutions from governments internationally with a full value of nearly US$250 million.
“ADG continues to see increased levels of interest in selected protective products across its portfolio, as well as higher than normal order flows, in relation to the COVID-19 pandemic,” said Chris Bitsakakis, President and Chief Operating Officer of AirBoss. “ADG was formed to establish a vertically-integrated survivability solutions platform with the scale, capabilities and expertise to address challenging situations just like this one. Our suite of critical survivability solutions is helping to save lives by supporting patients, first responders, medical professionals and the general public in the intensifying fight against this pandemic. Over the last month we have worked closely with our supply chain partners to ensure continuity of supply for key components and materials, in addition to reviewing our manufacturing capacity at our sister facilities across the organization, to ensure we can meet the anticipated growth in demand for our range of innovative CBRN protective solutions.”
The FlexAir PAPR system is a compact, lightweight Powered Air Purifying Respirator system with an onboard lithium-ion battery installed in the waist-mounted blower unit. The design permits the use of two high-efficiency particulate filters at a time providing protection against particulates, aerosols and biohazards, offering a very high level of defense against viruses like COVID-19. Wearers are protected by having contaminated air purified by filtration media mounted on the PAPR blower unit and delivered via a lightweight breathing hose to the user’s head cover.
ADG and its predecessor companies have been designing and manufacturing PAPRs since 1985, with sales to all major service branches of the US military. ADG’s emergency response and protective equipment is also utilized by the U.S. Department of State, Office of Strategic Medical Preparedness, FEMA and Centers for Disease Control infectious disease treatment centers. In addition, ADG has provided protective equipment to emergency medical response teams and hospitals in more than 1,500 U.S. cities, as well as more than 30 countries worldwide. The Company successfully responded during the MERS and Ebola outbreaks, by providing critical protective equipment to government and civilian medical customers.
AirBoss of America Corp.
AirBoss of America Corp. is a group of complementary businesses using compounding technology and engineering expertise to create value for its customers. With a capacity to process over 450 million turn pounds of rubber annually, AirBoss Rubber Solutions is one of North America’s largest custom rubber compounding companies and a leading supplier of essential calendered and extruded products for a broad range of applications. AirBoss Engineered Products is a leading supplier of innovative anti-vibration solutions to the North American automotive market. AirBoss Defense Group is a world leader in the supply of survivability solutions to the defense and first responder industries. The Company’s shares trade on the TSX under the symbol BOS. Visit www.airbossofamerica.com or www.adg.com for more information.
Contact: Chris Bitsakakis, President or Gren Schoch, Chairman and CEO at 905-751-1188.
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