Lakeland Industries Issues Business Update
Company Not Aware of Any Connection to Defective Protective Apparel
Apr 29, 2016, 03:00 ET
RONKONKOMA, N.Y., April 29, 2016 /PRNewswire/ -- Lakeland Industries, Inc. (NASDAQ: LAKE), a leading global manufacturer of industrial protective clothing for industry, municipalities, healthcare and to first responders on the federal, state and local levels, today announced that the Company is unaware of any expose by any major media outlet or the subject of any report of any kind related to quality or defect issues for its disposable protective apparel suits or any of its products.
Chris Ryan, CEO of Lakeland Industries, commented, "It came to our attention that Lakeland was mentioned in an on-line media outlet as a possible subject of quality issues related to our products. We would like our customers and shareholders to know that our protective suits are of the highest quality available on the market today and we have the most extensive quality control protocols in place to make sure that they are the safe and effective solution to fully protect our first responders and anyone who may be dealing with viral outbreaks. Lakeland manufactures its products certified to multiple international standards including NFPA, ISO, CE, JIS, ASTM, and IEC to name but a few. Many of these require independent third party certification and have requirements for regular audit or renewal."
Mr. Ryan continued, "Our Company has not been contacted, nor do we know of any attempt from anyone to contact us on anything related to malfunctioning, faulty, or ineffective gear. As a market leader in disposable protective apparel, we take our business, reputation, and responsibility very seriously."
About Lakeland Industries, Inc.:
Lakeland Industries, Inc. (NASDAQ: LAKE) manufactures and sells a comprehensive line of safety garments and accessories for the industrial protective clothing market. The Company's products are sold by a direct sales force and through independent sales representatives to a network of over 1,200 safety and mill supply distributors. These distributors in turn supply end user industrial customers such as chemical/petrochemical, automobile, steel, glass, construction, smelting, janitorial, pharmaceutical and high technology electronics manufacturers, as well as hospitals and laboratories. In addition, Lakeland supplies federal, state, and local government agencies, fire and police departments, airport crash rescue units, the Department of Defense, the Centers for Disease Control and Prevention, and many other federal and state agencies. For more information concerning Lakeland, please visit the Company online at www.lakeland.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Forward-looking statements involve risks, uncertainties and assumptions as described from time to time in Press Releases and Forms 8-K, registration statements, quarterly and annual reports and other reports and filings filed with the Securities and Exchange Commission or made by management. All statements, other than statements of historical facts, which address Lakeland's expectations of sources or uses for capital or which express the Company's expectation for the future with respect to financial performance or operating strategies can be identified as forward-looking statements. As a result, there can be no assurance that Lakeland's future results will not be materially different from those described herein as "believed," "projected," "planned," "intended," "anticipated," "estimated" or "expected," or other words which reflect the current view of the Company with respect to future events. We caution readers that these forward-looking statements speak only as of the date hereof. The Company hereby expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in the Company's expectations or any change in events conditions or circumstances on which such statement is based.
Any customers referenced or implied through reference in this press releases does not represent an endorsement of Lakeland Industries or its products.
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SOURCE Lakeland Industries, Inc.