SCOTTSDALE, Ariz., Nov. 28, 2017 (GLOBE NEWSWIRE) — AMMO, Inc. (POWW), a technology leader and premier American ammunitions manufacturer, today announced the expansion of its product distribution into Midway USA and Cheaper Than Dirt, two leading online platforms with powerful reach and strong relationships with consumers who value each for transactions as well as for their role in facilitating channel-based social media.
Fred W. Wagenhals, chief executive officer, commented, “We are pleased to announce that we are expanding the distribution of our ammunition into Midway USA and Cheaper Than Dirt, both important national online retailers in this market. These partnerships will be a powerful and immediate growth vehicle for our business and our brand and will enable us to build stronger relationships with consumers across our sports.”
Midway USA is a privately held online-only American retailer of various hunting and outdoor-related products across the continental United States, reaching consumers through both print catalogs and through its online portal. Cheaper Than Dirt is an online retailer for a wide range of shooting sports products for enthusiasts through print and digital media. Their digital platform for social media is valued by enthusiasts as a key outlet to discuss a wide range of shared interests, extending from products and brands in the market to current events and issues of concern to their community. Combined, these two retailers reach over two million consumers annually.
About AMMO, Inc.
With its corporate offices headquartered in Scottsdale, Arizona, and a manufacturing facility in Payson, Arizona, AMMO, Inc. (the “Company and/or AMMO”) designs and manufactures products for a variety of aptitudes, including law enforcement, military, hunting, sport shooting and self-defense (see www.ammo-inc.com). The Company was founded in 2016 with a vision to change, innovate and invigorate the complacent munitions industry. AMMO promotes branded munitions, including the Jesse James line of munitions and accessories, /stelTH/ subsonic munitions, and OPS (One Precise Shot) a lead-free frangible tactical line of munitions for self-defense.
This release may contain forward-looking statements. Actual results may differ from those projected due to a number of risks and uncertainties, including, but not limited to, the possibility that some or all of the matters and transactions considered by the Company may not proceed as contemplated, and by all other matters specified in the Company’s filings with the Securities and Exchange Commission. These statements are made based upon current expectations that are subject to risk and uncertainty. Such factors include, among others, the demand for our products; the state of the U.S. economy in general and the ammunition industry in particular; general economic conditions and consumer spending patterns; our competitive environment; the supply, availability, and costs of materials and components; the potential for increased regulation of our products; speculation surrounding fears of terrorism and crime; our anticipated growth and growth opportunities; our strategies; our ability to develop and maintain brand recognition and reputation; our ability to introduce new products; the success of new products; our ability to expand our markets; and other risks. The Company does not undertake to update forward-looking statements in this news release to reflect actual results, changes in assumptions or changes in other factors affecting such forward-looking information. Assumptions and other information that could cause results to differ from those set forth in the forward-looking information can be found in the Company’s filings with the Securities and Exchange Commission (www.sec.gov), including its recent periodic reports.
James Palczynski, Partner
Phone: (203) 682-8229