Scottsdale, Arizona 4/25/2008 9:07:01 AM
News / Finance

QualityStocks.net News – TVI Corp. (TVIN) Awarded $1.75 Million Purchase Contract from National Guard

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We would like to highlight TVI Corp. (NASDAQ: TVIN). The company is a global supplier of homeland security, infection control, respiratory and filtration products for first receivers, such as hospitals, and first responders, such as law enforcement agencies, fire departments and public health agencies. It designs, manufactures and markets shelter systems, thermal marking devices, filtration systems and infection control products. Its shelter systems include nuclear, biological and chemical decontamination systems, hospital surge capacity systems and infection control systems.

 

In the Company’s news today,

 

TVI Corporation announced the National Guard has placed a $1.75 million order for C420 Powered Air-Purifying Respirators (PAPRs) to TVI’s subsidiary SafetyTech International. The PAPRs will be used by the National Guard Rapid Reaction Force during Homeland Defense/Homeland Security missions.

 

TVI is an international supplier of military and civilian emergency first responder and first receiver products, personal protection products, quick-erect shelter systems and event shelter and equipment rentals. Through SafetyTech, the company will deliver the PAPRs which include SafetyTech’s NIOSH approved hydration system that enables the guards to drink water without compromising their respiratory protection.

 

“These PAPRs are a critical asset to our National Guard as they protect and serve our country, both at home and abroad,” Lt. General Harley A. Hughes, USAF (Ret.), president and CEO of TVI stated in the press release. “We are gratified that our company can play a role in supporting the work of the men and women of the Guard. We would also like to commend U.S. Senator Barbara Mikulski (D-MD), U.S. Representative Steny Hoyer, (D-MD) and U.S. Representative Roscoe Bartlett (R-MD) for the critical support they provided in connection with this PAPR initiative.”

 

PAPRs will also be used in support of the Chemical, Biological, Radiological, and Nuclear Enhanced Response Force Package (CERFP) teams, which also use the C420 PAPRs as standard equipment for respiratory protection. Hughes said the contract was an “ideal win” for TVI, and allows the company to establish more partnerships with government, corporate and other industries.

 

“We are gratified that the Guard continues to place its confidence in us. Our strategy is to continue to target stable, long-term customer relationships like the one we are building with the National Guard. We see this order as further validation that our turnaround plan remains on track,” stated Hughes.

 

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