WEST HAVEN, CT / ACCESSWIRE / September 12, 2018 / Drone USA, Inc. (OTCQB: DRUS) ("Drone USA" or the"Company"), a service provider and reseller of drones and distributor of products to the U.S. Government, today announced that its subsidiary, Howco Distributing ("Howco"), received 256 contracts totaling $383,222 from the U.S. Army over the past 10 days.
Michael Bannon, Drone USA's Chief Executive Officer, commented, "I am proud of our Howco team. As I focus on acquisitions and organically growing our Drone and Insulation Jacket businesses on the East Coast, they are doing a great job. In addition, today we executed on our plan to grow Howco's supplier base. The more supplier relationships we secure, the more contracts we will bid."
Matt Wiles, Howco's VP of Business Operations, stated, "Most of these contracts will ship within ten days, and that is a direct reflection of our fulfillment team. Our team's ability to respond and react to the Army's requirements so quickly is what separates us from our competitors."
Lindsay Somics, Howco's Sales Manager, stated, "It's all about the relationships. The weeks leading up to these sales were filled with back and forth communications between my team and the contract specialists, answering questions and negotiating price. Whether it be Army, Navy or Coast Guard, we are quick to respond to these requests. We work closely with our fulfilment team and pride ourselves on our efficiency."
About Howco Distributing Co.
Howco Distributing, a subsidiary of Drone USA, Inc., is a premier supplier of spare and replacement parts to a wide variety of Federal Government agencies, U.S. military prime contractors and commercial customers worldwide. Founded in 1990 and located in Vancouver, Washington, Howco's services encompass bid solicitation, contract management, packaging and logistics for construction, transportation, mining and heavy equipment spare and replacement parts to customers worldwide utilizing a wide variety of supply chain solutions. Howco was the winner of 2017 United States Department of Defense Logistics Agency's Commander's Choice Supplier Award and the 2012 United States Department of Defense Logistics Agency's Bronze Supplier Award.
About Drone USA, Inc.
Drone USA, Inc. (OTCQB: DRUS), headquartered in Milford, CT., is a service provider, manufacturer and reseller of drones and distributor of products to the U.S. Government. Our competitive advantage stems from offering superior service, high quality products and establishing and maintaining life-long customer friendships. Our primary markets are U.S. police, firemen, U.S. industry and the U.S. Government.
Forward-Looking Statements
Certain statements in this press release may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include projections of matters that affect revenue, operating expenses or net earnings; projections of growth; and assumptions relating to the foregoing. Such forward-looking statements are generally qualified by terms such as: "plans", "anticipates," "expects," "believes" or similar words. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or qualified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking information. These factors are discussed in greater detail in our Form 10 filed with the U.S. Securities and Exchange Commission.
Contacts:
Michael Bannon
Chief Executive Officer
mike@droneusainc.com
Hayden IR
Investor Relations
(917) 658-7878
hart@haydenir.com
SOURCE: Drone USA, Inc.
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