Law Enforcement Associates Corp (AID) Announces Licensing Agreement with Smith & Wesson (SWHC)
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Law Enforcement Associates Corporation (Amex: AID) announced it has entered a worldwide product licensing agreement with Smith & Wesson Corp. (Nasdaq: SWHC), the 154-year old global provider of products and services for safety, security, protection and sport.
Pursuant to the agreement, LEA will utilize the Smith & Wesson brand and logo to market globally its Explosive Detection Kit (EDK) product line, as well as its recently introduced UVI Swift, a compact and portable under- vehicle inspection system. Financial terms of the agreement were not disclosed.
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