Launch of the Military Markets Department and signing of a ...
[Pages:2]Bondoufle, on October 12th 2015
Launch of the Military Markets Department and signing of a new GLOCK military license
CYBERGUN, a global player in recreational shooting, is pleased to announce the creation and launch of its Military Markets Department at MILIPOL, which will be held in PARIS from November 17th-20th.
After more than a year of work on the subject, the group decided to take advantage of one of the world's biggest exhibition reserved for the military markets and security forces to formalize the launch of this new segment of its activity hosted in its Subsidiary B4S which will become "SPARTAN IMPORT MILITARY DEPARTMENT" in the next few days.
For Hugo BRUGIERE, Group Vice-President, Reserve Officer in the French Army and project leader for the group: "This department is one of CYBERGUN's best kept secrets in recent months. We spent a lot of time defining, in conjunction with our contacts in the armed forces, the police and the gendarmerie, the precise needs that we could answer through our replies. Today the project is completed and finalized with the first contracts already signed. It was also necessary to give a second life to our subsidiary B4S which carried our project of SOFTAIR BATTLEZONE, frozen on our arrival. So it's now done! "
The Department of Military Markets will be responsible for offering to the forces of the armed forces, police forces, gendarmeries or private security forces, softair as a means of training.
Several government agencies as well as different forces are already customers of the group with strong growth potential in this segment. Moreover, this market offers a significant security for the CYBERGUN group insofar as the states and public bodies pay particular attention to the respect of intellectual property rights.
Commander Christian, who set up this means of training at the French Ministry of the Interior in the Protection Service (ex-SPHP1) in charge of protecting high personalities and the President of the Republic, testified: "We needed to train as close as possible to reality because, in contact with sensitive personalities, the excellence of training must always be sought. The use of replica ball guns allows a realism in force to force training that we do not match with any other system. This also allows you to practice shooting through scenarios we created on fire simulators using video projections. "
On the occasion of MILIPOL, SPARTAN IMPORT MILITARY DEPARTMENT will present 2 new products specially designed for the military market: the SIG SAUER SP2022 TRAIN and the MOSSBERG 590 TRAIN. These replicas will also be available soon after for the general public.
1 Department of Protection of High Personalities
Denis WITTNER, CYBERGUN Group R & D Director, says: "Working on the development of the SP2022 TRAIN has been a challenge for CYBERGUN teams and our partners' development teams. We finally developed a reinforced product to make it a training version for professional use. "
On the sidelines of this revelation, the CYBERGUN Group announced that it had signed a license agreement with the Austrian weapons manufacturer GLOCK to develop replicas for use in military training and force training. The CYBERGUN group will present at the MILIPOL trade show the first two replicas of this collaboration: the GLOCK 17 and the GLOCK 19.
Hugo BRUGIERE, who negotiated with the GLOCK group, testifies: "It was a work of several months which enabled us to obtain, within the framework of an order from the French Government, the authorization of this very large manufacturer of Weapons that has never wanted to give licenses until now. Their confidence honors us as much as it obliges us. The standards of quality, respect for the spirit of the GLOCK house and the need to produce in trusted partners guided our work. The versions delivered to the French Ministry of the Interior will be produced in part and assembled in Germany. "
A portion of the funds raised in connection with the capital increase to be launched tomorrow morning (see previous press releases) will be used to finance part of the development of this military market. For the record, the record date for receiving free DPS is set for tonight at the close of the stock market.
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About Cybergun : Cybergun is a worldwide leader in the leisure shooting area, referred as an ? Innovative company ? by Bpifrance. During its closed exercise of March 31st 2016, the company had a turnover of 41.3 Million Euros. The Cybergun titles are eligible at FCPI, PEA as well as PEA-PME. Cybergun shares: FR0004031839 ? ALCYB - Obligation Cybergun : FR0010945725
? CYBO Contacts :
ACTUS finance & communication Relations Investisseurs : J?r?me Fabreguettes-Leib au +33 1 53 67 36 78 Relations Presse : Nicolas Bouchez au +33 1 53 67 36 74
ATOUT CAPITAL Listing Sponsor: Rodolphe Ossola au +33 1 56 69 61 86
Discover the product range of Cybergun at: cybergun user/MrCybergun
Disclaimer This press release may contain estimated financial information, information on future projects and operations and future economic performance. These projection elements are given on a provisional basis. They are subject to market risks and uncertainties and may vary substantially from the actual results that will be published after audit by the Group's Statutory Auditors.
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