NEW YORK, March 27, 2017 (GLOBE NEWSWIRE) -- Drone USA, Inc. (OTC Markets:DRUS) (“Drone USA” or the “Company”), a developer and manufacturer of low altitude Unmanned Aerial Vehicles (“UAVs”) and related technologies, today announced Matthew Wiles as the new general manager at its subsidiary Howco Distributing Co.
Michael Bannon, Drone USA’s Chief Executive Officer, commented: “we are delighted that Matthew decided to join our team. His contract negotiation experience coupled with his government contracting knowledge makes him a great hire for us. With the increase in DOD spending this year, we look to Matthew to help us grow Howco’s bottom line.”
Matthew Wiles stated “from the moment I met with Howco, and Drone USA I was convinced that this was a company I wanted to partner with. My background in supplier relationships, contract negotiations, and operations management along with Howco’s already proven track record position us to continue with profitable growth.”
Kathy Joy, Howco’s former President commented "We are very pleased to welcome Matthew Wiles on board with Howco Distributing. After an extensive search, Matthew brings all the necessary experience, skill sets and talents necessary to continue growing revenue and profitability of Howco Distributing into the future.
About Howco Distributing Co.
Howco, 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 the 2012 United States’ Department of Defense Logistics Agency’s Bronze Supplier Award.
About Drone USA, Inc.
Headquartered at One World Trade Center in New York, NY, Drone USA is a primary developer and manufacturer of low altitude unmanned aerial vehicles (UAV) and related technologies. Target markets include select defense segments (military), public safety (police, fire, emergency response), and high growth commercial applications such as agriculture, photogrammetry, mining, utilities, and entertainment. The Company seeks to strengthen its systems portfolio by acquiring UAV firms with superior technologies that are proven in high-growth markets, as well as complementary technologies such as sensors and software.
For additional information about Drone USA, please visit www.droneusainc.com.
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 of like kind. 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 the company’s business plan and filings with the OTC Markets Group.