KWESST Micro Systems Engages RedChip to Lead Investor Relations Efforts

KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) (FSE: 62U) (“KWESST” or the “Company”) is pleased to announce that it has engaged RedChip Companies (“RedChip”) to lead its investor relations efforts.

“We are excited to be working with RedChip as we enter what we believe will be a new phase of growth for our company,” said David Luxton, Executive Chairman of KWESST. “After comparing the alternatives, we selected RedChip to help us increase our exposure to investors, as they have an impeccable reputation and a track record of decades of results. We look forward to a beneficial relationship that will expand our base of shareholders and will effectively communicate our exciting story to the investment community.”

“KWESST is well positioned to benefit from the ongoing increase in security and defense spending around the world,” commented Dave Gentry, CEO of RedChip. “We are very pleased to have the opportunity to introduce KWESST to our extensive network of investors.”

RedChip is the global leader in investor relations, financial media, and research for micro-cap and small-cap stocks. Founded in 1992 and headquartered in Orlando, Florida, with affiliates in New York and Pittsburgh, RedChip has helped hundreds of companies achieve their capital markets goals and currently represents more than 70 emerging growth companies.

RedChip’s unique platform combines traditional investor relations services with multimedia marketing, including social media and email marketing, as well as a weekly television show, the RedChip Money Report®, which is airs on Bloomberg at 7 p.m. ET every Saturday. RedChip’s traditional investor relations platform includes trade and institutional roadshows in major U.S. cities, writing press releases, strategic advice, managing quarterly conference calls, writing scripts, developing PowerPoint presentations, etc. RedChip will receive a monthly fee of $15,000.

About KWESST

KWESST (TSXV: KWE) (OTCQB: KWEMF) (FSE: 62U) markets revolutionary next-generation tactical systems for military and security forces and personal defense. The company’s current portfolio of unique exclusive offerings includes its unique non-lethal PARA OPSMT system with application in all non-lethal market segments including law enforcement and personal defense. KWESST also facilitates the digitization of tactical forces with its signature TASCS system for real-time awareness and targeting information from any source (including drones) delivered directly to users’ smart devices and firing weapons. indirect. Other KWESST products include countermeasures against threats such as drones, lasers and electronic detection. These include: the PhantomMT an electronic battlefield deception system to mask the electromagnetic signature of friendly forces with decoy signatures at false locations that deceive and confuse adversaries; a battlefield laser detection system to counter the emerging threat of laser targeting of personnel; and, a non-kinetic system to counter the threat of tactical drones. These systems can operate stand-alone or integrate seamlessly with third-party OEM products and networked battlefield management systems such as ATAK. The company is headquartered in Ottawa, Canada, with operations in Stafford, Virginia, and representative offices in London, UK and Abu Dhabi, United Arab Emirates.

For more information, visit https://kwesst.com/

Contact: Steve Archambault, Chief Financial Officer, archambault@kwesst.com or (613) 317-3941
Jason Frame, Investor Relations: frame@kwesst.com

Caution Regarding Forward-Looking Statements

This press release contains certain “forward-looking statements” under applicable Canadian securities laws for the purpose of providing information about management’s current expectations and plans regarding the future, including its prospects for winning contracts. with NATO and non-NATO countries for the Company’s Phantom.MT and its laser detection suite. Forward-looking statements are necessarily based on a number of estimates and assumptions which, while believed to be reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause actual results to differ. and future events will differ materially from those expressed or implied by such forward-looking statements. These factors include, but are not limited to: general business, economic, competitive, political and social uncertainties. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. KWESST disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/121565

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