UNISYNC AWARDED CANADIAN COAST GUARD MANAGED SERVICES CONTRACT

TORONTO, March 12, 2020 (GLOBE NEWSWIRE) — Unisync Corp. (TSX: “UNI”) (“Unisync“) is pleased to announce that Public Works and Government Services Canada has awarded a long-term Managed Clothing Solution Contract (“MCSC”) to its wholly owned subsidiary, Unisync Group Limited (“UGL”), for the provision of uniforms and related accessories to the Canadian Coast Guard, a Special Operating Agency under the umbrella of Fisheries and Oceans Canada. This contract involves the provision of uniforms and related accessories, and management services including but not limited to uniform design, manufacturing, inventory management and warehousing, ordering, distribution and on-line web-based ordering and program data management services. The MCSC, which is for an initial term of three years with two two-year extension options, is estimated initially at $1.6 million per annum.