Silynxcom Delivers $280,000 Repeat Order from Military Customer
February 27 2024 - 8:30AM
Silynxcom Ltd. (NYSE American: SYNX) (“Silynxcom” or the
“Company”), a manufacturer and developer of ruggedized tactical
communication headset devices as well as other communication
accessories, today announced it has delivered, in a follow-up
purchase order, approximately $280,000 worth of Clarus In-Ear
Headsets to a military customer (the "Customer").
This is the second order Silynxcom has received from the
Customer for products from its advanced Clarus In-Ear Headset
system family and the third order from the Customer overall. To
date, the Customer's purchase orders amount in the aggregate to
over $1,000,000.
"Silynxcom continues to strengthen its position as a leading
innovative company in the field of tactical communication
solutions. Our customer base is rapidly increasing, with new
companies and defense organizations from many countries around the
world ordering our products and expressing their satisfaction,"
said Nir Klein, the Chief Executive Officer of Silynxcom.
Silynxcom's unique in-ear sound protection headset system
incorporates a proprietary in-ear microphone that allows “talking
from the ear” technology combined with enhanced environmental
hearing and sound compression technology that protects the user
from loud noises, thereby protecting the user’s hearing.
About Silynxcom Ltd.
For over a decade, the Company been developing, manufacturing,
marketing, and selling ruggedized tactical communication headset
devices as well as other communication accessories, all of which
have been field-tested and combat-proven. The Company’s in-ear
headset devices, or In-Ear Headsets, are used in combat, the
battlefield, riot control, demonstrations and weapons training
courses. The In-Ear Headsets seamlessly integrate with third party
manufacturers of professional-grade ruggedized radios that are used
by soldiers in combat or by police officers. The Company’s In-Ear
Headsets also fit tightly into the protective gear to enable users
to speak and hear clearly and precisely while they are protected
from the hazardous sounds of combat, riots or dangerous situations.
The sleek, lightweight, In-Ear Headsets include active sound
protection to eliminate unsafe sounds, while maintaining ambient
environmental awareness, giving their customers 360° situational
awareness. The Company works closely with its customers and seek to
improve the functionality and quality of the Company’s products
based on actual feedback from soldiers and police officers “in the
field.” The Company’s headset devices are compatible and easily
integrate with various communication equipment devices currently
being used by tens of thousands of military and law enforcement
personnel in leading military and law enforcement units around the
world. The Company sells its In-Ear Headsets and communication
accessories directly to military forces, police and other law
enforcement units around the world. The Company also deals with
specialized networks of local distributors in each locale in which
it operates and has developed key strategic partnerships with radio
equipment manufacturers.
Forward Looking Statements
This press release contains “forward-looking statements” that
are subject to substantial risks and uncertainties. For example,
the Company uses forward-looking statements when it discusses that
it is continuing to strengthen its position as a leading innovative
company in the field of tactical communication and that its
customer base is rapidly increasing. Forward-looking statements
contained in this press release may be identified by the use of
words such as “anticipate,” “believe,” “contemplate,” “could,”
“estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,”
“potential,” “predict,” “project,” “target,” “aim,” “should,”
"will” “would,” or the negative of these words or other similar
expressions, although not all forward-looking statements contain
these words. Forward-looking statements are based on Silynxcom’s
current expectations and are subject to inherent uncertainties,
risks and assumptions that are difficult to predict. Further,
certain forward-looking statements are based on assumptions as to
future events that may not prove to be accurate. These and other
risks and uncertainties are described more fully in the section
titled “Risk Factors” in the final prospectus related to the public
offering filed with the SEC on January 11, 2024. Forward-looking
statements contained in this announcement are made as of this date,
and Silynxcom undertakes no duty to update such information except
as required under applicable law.
Investor Relations Contact:
Silynxcom Ltd.
ir@silynxcom.com
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