Naxcer Composites Group Announces completion of its merger with Invictus Armor Solutions

(I-Newswire) February 17, 2010 - Naxcer Composites Group, specializing in new manufacturing technologies for composite materials, is announcing its merger with Invictus Armor solutions. Invictus Armor Solutions specializes in the design and development of advanced body armor systems for use by military and law enforcement personnel.

Going forward, the combined entity will retain the Naxcer Composites Group corporate structure and name. Invictus Armor Solutions will be carried forward as the brand for all advanced body armor system solutions. The executive team at Naxcer will remain the same and welcomes Invictus Founder, Travis Jacobs, as the organization’s new Chief of Engineering.

Naxcer CEO Andrew Chumney described the merger as, “an obvious next step in the organization’s evolution as a premier provider of Advanced Composite and Ballistic solutions.” He went on to explain; “Travis and Invictus Armor Solutions bring not only ground breaking innovation, design, and development to Naxcer but compliment our commitment to leadership and stewardship in uncertain times.” Naxcer Composite Group’s Chief Operating Officer, Peter Madsen, echoed the sentiment. “Our Invictus Body Armor System, under Travis’ guidance, is a game changer.”

Although the terms of the merger have been finalized, it is expected to take up to one hundred twenty days for the organizations to fully integrate staffing, operations, and brand management. In addition to completing the development of Invictus’ next generation body armor system solution, Mr. Jacob’s will take over leadership and control of research and development programs currently under way at Naxcer Composites Group.

About Naxcer Composites Group:

Naxcer Composites is an innovative design, manufacturing and testing company, involved in lightweight, high performance fiber-reinforced composite materials, with an innovative composite armor system for use in aerospace, marine and general automotive sectors. For more information, please visit www.Naxcer.com

About Naxcer Composites Group:
Naxcer Composites is an innovative design, manufacturing and testing company, involved in lightweight, high performance fiber-reinforced composite materials, with an innovative composite armor system for use in aerospace, marine and general automotive sectors. For more information, please visit www.Naxcer.com.

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Naxcer Composites Group
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