Colt evaluates Metal Storm MAUL? forManufacturing...

Colt evaluates Metal Storm MAUL? for
Manufacturing Arrangement

Brisbane, Australia ? Monday, 30 May 2011: Metal Storm Limited.
Metal Storm Limited announced today that Colt Defense LLC is working with it to evaluate
the possible manufacture of Metal Storm?s MAUL? accessory shotgun system by Colt, the
world renowned firearms manufacturer, as a key component of a potential relationship
between the two companies.
Colt Defense LLC, together with its Colt Canada Corporation subsidiary, is one of the world's
leading designers, developers and manufacturers of small arms weapons systems for
individual soldiers and law enforcement personnel. Colt?s portfolio of products and services
meets evolving military and law enforcement requirements around the world. Colt has
supplied small arms weapons systems to the United States Government and other
governments throughout the world for more than 160 years.
The Metal Storm MAUL? is a small multi-shot
12 gauge launcher that weighs less than 800
grams (1.8 lbs). It was developed by Metal
Storm as a non-lethal accessory to Colt?s
venerable M4 Carbine or as a standalone
weapon when fitted to a shoulder stock.
Colt and Metal Storm are working together to
evaluate manufacturing options for the
MAUL? and related products.
Metal Storm CEO Dr Lee Finniear welcomed
the relationship with Colt Defense.
?Colt is renowned for its innovation, history and
extraordinary quality of manufacture?, he said.
?We are very pleased to be working with the
Colt team in this venture?.
Metal Storm Inc President Mr Peter Faulkner
said ?Colt?s expertise in firearms is second to
none, and its recent plant modernization
program makes it ideally suited to the
manufacture of an advanced weapon like the
MAUL?. A partnership with Colt would
advance our time to market and allow us to
reach out to Colt?s installed base of customers
worldwide.?
ENDS