Aug 2 (Reuters) - Mission Ready Solutions Inc MRS.V :
* MISSION READY ANNOUNCES UPDATE ON THE PREVIOUSLY ANNOUNCED FOREIGN MILITARY DISTRIBUTION AGREEMENT
* MISSION READY - HAS NEITHER RECEIVED PURCHASE ORDER NOR STARTED TO DELIVER FLEX9 ARMOR OR NO-CONTACT PRODUCTS PURSUANT TO DISTRIBUTION AGREEMENT
* MISSION READY-EXPECTS RECEIPT OF PURCHASE ORDERS TO BEGIN IN CURRENT CALENDAR YEAR, UNABLE TO DETERMINE WHEN DELIVERY OF PURCHASE ORDERS WILL COMMENCE
* MISSION READY - UNDER TERMS, PURCHASE ORDERS TOTALING MINIMUM OF $50 MILLION REQUIRED BY END OF 2018 IN ORDER FOR DISTRIBUTOR TO MAINTAIN ITS EXCLUSIVITY
* MISSION READY - IF MINIMUM PURCHASE VOLUMES FOR EXCLUSIVITY NOT MET, CO CONSIDERING EXPLORING POTENTIAL OPTIONS AND REMEDIES