Ibis Tek, Inc. in Good Standing Following Ownership and Management Transition

PITTSBURGH–(BUSINESS WIRE)–In response to recent news about former officers, directors and owners
of Ibis Tek LLC formally submitting guilty pleas to fraud charges, the
new owners and leadership team of Ibis Tek, Inc. confirm the company’s
good standing.

As part of a Department of Justice (DoJ) settlement regarding fraud
charges related to former company officers and activities dating back to
2009, Ibis Tek was sold to its new ownership team in early 2017. None of
the individuals involved in this week’s legal proceedings have been
associated with the company since January 1, 2017, when new leadership
was installed.

The DoJ and Department of Defense (DoD) have since cleared the company
to be held harmless and continue to do business with the DoD and other
government entities.

“The former owners have been held accountable for their past actions,
and the new owners and management team remain focused on leading this
new, best-in-class business into the future,” said Vince Nardy, CEO of
Ibis Tek, Inc.

Ibis Tek is a manufacturer and leading provider of highly engineered
transparent armor, armor kits, engineered lighting solutions and vehicle
accessories for military, Department of Energy and other select
government security vehicles and accessories. For more information,
visit www.ibistek.com.

Contacts

Ibis Tek, Inc.
Vince Nardy, 724-431-3013
[email protected]