Advanced Blast Protection, Inc., ("ABP" or the "Debtor") the Weston, Florida-based armoring company that manufactures the RhinoRunner™ Bus used by the U.S. Military in Iraq and Afghanistan, has obtained Bankruptcy Court Approval for the sale of all of its assets free and clear of all liabilities. These assets consist primarily of the trade names RhinoRunner and RhinoPAK; customer lists; technical data packages; drawing packages; vehicle and product designs; manufacturing processes and procedures, marketing materials, customer lists, product formulations and patent rights for One-Way™ Glass (the "Assets"). On a cumulative basis since 2004, there has been a cumulative investment in the Assets of in excess of $18 Million and they have generated in excess of $42 Million in sales.
The deadline for submission of written bids is 4:00 p.m. (Eastern Standard Time) on February 1, 2010. Interested parties may contact the Debtor through its counsel Leslie Gem Cloyd, Esq. with the firm of Berger Singerman, P.A., 350 East Las Olas Boulevard, Suite 1000, Fort Lauderdale, FL 33301 (Email: LCloyd@bergersingerman.com or Telephone: (954) 377-0414), to obtain information on the bidding procedures.
Contacts:
ABP
Dr. Warren R. Phillips, CEO, 301-728-8183
WarrenRPhillips@msn.com
