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New Outstanding Shares Reflected, Market Update

 
 

Company has Cancelled 261,453,563 Shares from its Outstanding Issued Shares.

FT. LAUDERDALE, Fla., Feb. 29, 2012 /PRNewswire/ -- Perla Group International Inc., (PERL:PK) a leader in the international military, police and security solutions sectors, has reduced its outstanding shares from 484,856,368 to the new outstanding of 223,402,805 shares, represented by 2582 direct shareholders.

The new outstanding was not immediately reflected on the OTC Markets, which has since been rectified. Furthermore the company has received Limited Information status on the OTC.

The company has also received 2 new armored vehicle contracts for February 2012. These contracts expected to be completed in March and April 2012 totaling $665,000.00. The company is now looking to expand on its existing client base, and looking to acquire new assets within the armored vehicle industry. The armored vehicle market, is now worth over $12Billion USD, and growing, according to industry reports.  Reference: http://www.visiongain.com/Report/596/The-Armoured-Vehicles-Market-2011-2021

The company is in the process of reviewing information on 2 possible acquisition targets for its aviation division. These companies operate in the aviation MRO/FBO industries, and are based in the USA. An acquisition in this area will further enhance the company's target of establishing the AK1-3 helicopter well into the USA and Latin American markets.

Perla Telecoms Group has positioned itself as a total 'turnkey' solutions developer and provider. It will remain independent as to have the ability to work with many leading services providers in the industry from large Telcos to small SMEs, network integrators, military customers and any company, wanting a specialist solution or product.

Perla Aviation – primarily in the Middle East, the division provides a host of aviation services including charters, sales and leasing of aircraft; aircraft repair and maintenance. Perla Aviation is the exclusive distributor for the AK1-3 helicopter known industry wide as the finest two seat helicopter available.

Perla Armored Cars –This entity specializes in armored VIP Mercedes Benz, as well as 4 x 4s, APCs, Cash in Transit, Buses and ATVs. The division has recently secured direct supply contracts with the US military, and it has plans to expand rapidly with a view to investing in manufacturing facilities in both the Middle East and the USA.

Perla K-9 Services – Through the world renowned Von Forell facilities in Melbourne, Australia Perla offers the finest breed of dogs trained under the best in the industry. Perla K-9 services are utilized by law enforcement and as detection dogs. They conduct training seminars as well as tactical, anti-terrorism and security training services.

Veloce – our first division primarily aimed at the Retail and consumer markets. Being the manufacturer and controlling the distribution process right down to customer level, gives Veloce a leading edge in this ever growing business sector.

For additional Information:

Email info@perlagrp.com or visit www.perlagrp.com

About Perla Group International

Perla Group International is an emerging leader in the international military, police and security solutions sectors. It was established with the vision to become the industry's leading turnkey solutions developer and services provider. Perla Group's success is built on a combination of trust, backing and support of top industry specialists and a talented team's unwavering commitment to service excellence. With its four divisions: Perla Telecoms, Perla Aviation, Perla Armored Cars and Perla K-9 Services, it places Perla Group in a unique position to service many of its existing clients with multiple value added services and thereby attract key new clients.

"Safe Harbor Statement" under the Private Securities Litigation Reform Act of 1995. This press release contains forward-looking statements that involve risks and uncertainties. The statements in the Release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements.

Contact: Perla Group International Inc., +1-954-903-1966, info@perlagrp.com

SOURCE Perla Group International Inc.

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