Trading Update

RNS Number : 2495S

Pentagon Protection PLC

17 November 2011

 



RNS ANNOUNCEMENT

17 November 2011

Pentagon Protection plc

("Pentagon" or "the Group")

PENTAGON ANNOUNCE THE OPENING OF A NEW OFFICE IN AMMAN,

FURTHER CONTRACT GAINS FOR THE GROUP AND

AN EXCLUSIVE DISTRIBUTION AGREEMENT IN THE U.S.

Pentagon Protection plc (AIM: PPR) announce the opening of offices in Amman, the signing of an exclusive distribution agreement across the U.S and further contract gains for the Group valued at £80,000.

Contract awards for the Group include window filming contracts and security equipment sales from existing customers both within the UK and overseas. Window filming works include the application of high-tensile strength clear glass containment film and metal anchoring to provide enhanced blast protection in Saudi Arabia and the application of the latest in solar control, energy saving, solar rejection film for a client within the UK health sector.

Contract awards for SDS, Pentagon's security, consulting and training division, include a product order from an overseas client with an interest in both window film and security divisions of the very latest in video inspection systems equipment.

Pentagon also announces that, through IGS, the Group's North American Division, it has signed an exclusive agreement for the distribution of the Liquisol range of specialist liquid solar protection products throughout the U.S.

The announcement of Pentagon's newly opened office in Amman, coincides with the appointment of Hassan Chehaitelli to head up operations from the Amman office with a responsibility for business development and operations throughout the MENA region (Middle East, North Africa) representing both our window film and security equipment in coordination with both the U.S. and U.K operations.

Mr. Chehaitelli brings to Pentagon extensive experience and knowledge of the region with over ten years of security experience and eight years of sales and marketing in the Middle East and Gulf region.  Previously, Mr. Chehaitelli played a major role in national security projects with the Department of Defence managing contracts under several fortune 500 companies such as BAE Systems, L-3 Communication, Titan and SAIC. He also worked in Saudi Arabia for eight years as Regional Sales and Marketing Manager for Belzona Molecular.  He graduated from Embry Riddle Aeronautical University with a BS in Aviation Engineering in 1990 and is a veteran of the US Navy.  He is married with two children.

Managing Director Steve Chambers, comments:

"These contract awards are representative of the high level of activity taking place here at Pentagon Protection.  We continue to build momentum by winning contracts around the globe for both our window film and security products."

 "I am very pleased to have Hassan on board, as expanding our business operations within the MENA region offers significant growth opportunities for Pentagon and SDS and is a key part of our business strategy going forward.  Hassan's extensive experience in the security business and Middle East culture awareness will be a great asset to both SDS and Pentagon."

"I am excited about the potential opportunities for the company in the MENA region and confident that he will do well and grow our sales and business activities within the region considerably."

"The Liquisol product provides liquid solar control for polycarbonates and acrylics, materials on which window film cannot be installed.  We feel there is great potential for this product in the United States market where it will broaden the product mix of IGS, our North American division.  Acquiring the exclusive distribution rights to this product in the United States will bolster IGS's bottom line in 2012."

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Enquiries:

Pentagon Protection Plc Haytham ElZayn, Chairman	Tel: [phone]
Pentagon Protection Plc Steve Chambers, Managing Director	Tel: [phone]
Seymour Pierce Limited Jonathan Wright	Tel: [phone]
Rivington Street Jon Levinson	Tel: [phone]

Notes to Editors:

Admitted to AIM in March 2003 Pentagon Protection PLC is a global specialist in the development and application of high performance window films that provide cost-effective and immediate energy saving and security solutions to flat glass installed in buildings.

As experts in enhanced security and blast mitigation, in September 2008 Pentagon acquired SDS Group Limited, an established security consulting and training company of over 30 years and a leading supplier of security equipment and products founded by Dr. John Wyatt. Dr. Wyatt is highly respected in his field and also widely known both in the UK and overseas; his knowledge and reputation are substantial assets to the wider Group.

SDS Group supplies security equipment, including highly-specialist security and search equipment, mainly to governments, police forces and security and defence forces in the UK and around the world. SDS has strong relationships with customers and extends their offering to clients by providing expert knowledge and further training and consultancy. The acquisition of SDS is in support of the group plans for continued expansion in the security marketplace.

Steve Chambers joined Pentagon Protection Plc as Managing Director and was appointed to the main Board of Directors as of 15 November 2010.

 

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