FT. LAUDERDALE, Fla., May 3, 2012 /PRNewswire/ -- Perla Group International Inc. (PERL:PK), a leader in the international military, police and security solutions sectors, announced today it had secured its second major contract win in as many months in its Armored Cars Division. The contract is for supply of Toyota 4x4 vehicles to a major Iraqi distributor, and will mark a new relationship for the region.
The purchase order, the 2nd biggest order in the company's history, will increase the company's revenues to over $12 million over the period from Jan - April 2012. This is a fourfold increase revenues for fiscal year 2011 which were $3.1Mill.
Perla Group International President and CEO Charles D'Alberto commented, "We are truly delighted at this outstanding achievement in the company's growth. To achieve this revenue growth in only 4 months into the 2012 year represents an unprecedented event in the company's 5 year history." He added, "This dramatic increase in revenue demonstrates how extraordinary the growth in our sector/company is, and excites us moving forward."
A spokesman for the client, Mr. Jamal Al Rafaee, from Amman, Jordan, commented, "The relationship with Perla Group was established some 5 years ago, and we are very satisfied with the company's history in delivering of previous high profile projects in Iraq, and throughout the Middle East region."
The new purchase order contract is expected to be delivered on through the months of May and June 2012. The company is continuing with its efforts to evaluate several companies for its proposed Aviation Division acquisition, and is expected to finalise closure prior to the end of June 2012.
The company recently posted its 2011 fiscal year results of $3.1 million in annual revenues, another profitable year, and a 55% reduction in the shares structure to now around 224 million issued and outstanding.
In a recent interview Charles D'Alberto , the CEO and President of Perla Group, discussed the tightening up of the shares registry was in line with the company's go forward strategy, along with its plans to acquire new companies to build on its aviation and helicopter division. A link to the interview can be found at http://thestockradio.com/charles-sam-dalberto-ceo-of-perla-group-international-inc-pinkperl/733
Perla Telecoms Group has positioned itself as a total 'turnkey' solutions developer and provider. It will remain independent as to have the ability to work with many leading services providers in the industry from large Telcos to small SMEs, network integrators, military customers and any company, wanting a specialist solution or product.
Perla Aviation – primarily in the Middle East, the division provides a host of aviation services include charters, sales and leasing of aircraft; aircraft repair and maintenance. Perla Aviation is the exclusive distributor for the AK1-3 helicopter known industry wide as the finest two seat helicopter available.
Perla Armored Cars –This entity specializes in armored VIP Mercedes Benz, as well as 4 x 4s, APCs, Cash in Transit, Buses and ATVs. The division has recently secured direct supply contracts with the US military, and it has plans to expand rapidly with a view to investing in manufacturing facilities in both the Middle East and the USA.
Perla K-9 Services – Through the world renowned Von Forell facilities in Melbourne, Australia Perla offers the finest breed dogs trained under the best in the industry. Perla K-9 services are utilized by law enforcement and as detection dogs. They conduct training seminars as well as tactical, anti-terrorism and security training services.
Veloce – our first division primarily aimed at the Retail and consumer markets. Being the manufacturer and controlling the distribution process right down to customer level, gives Veloce a leading edge in this ever growing business sector.
About Perla Group International
Perla Group International is an emerging leader in the international military, police and security solutions sectors. It was established with the vision to become the industry's leading turnkey solutions developer and services provider. Perla Group's success is built on a combination of trust, backing and support of top industry specialists and a talented team's unwavering commitment to service excellence. With its four divisions: Perla Telecoms, Perla Aviation, Perla Armored Cars and Perla K-9 Services, it places Perla Group in a unique position to service many of its existing clients with multiple value added services and thereby attract key new clients. www.perlagrp.com
"Safe Harbor Statement" under the Private Securities Litigation Reform Act of 1995. This press release contains forward-looking statements that involve risks and uncertainties. The statements in the Release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements.
Perla Group International Inc.
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