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Sturm, Ruger & Company, Inc. (NYSE: RGR), is pleased to announce that Kim Pritula, Director of Export/ATF Compliance & Security, has been appointed to the President's Export Council Subcommittee on Export Administration (PECSEA). Pritula's export control knowledge and expertise will help PECSEA develop ways to reform and maintain an efficient and effective export control system in an ever-changing global marketplace.
"Kim has a very unique talent and passion for export regulation and plays a critical role in the Sturm, Ruger organization," said Ruger President and CEO Mike Fifer. "We are excited for Kim to share her expertise on a national level as a part of PECSEA and want to congratulate her on this well-deserved appointment," he concluded.
"As the chair of the NSSF's Export Committee, Kim's appointment to the President's Export Council Subcommittee on Export Administration will allow our industry to have an even greater voice in the administration's export control reform effort, particularly as we are likely to see many of our industry's products move from being controlled by the State Department to the Commerce Department," said Lawrence G. Keane, Senior Vice President and General Counsel of the National Shooting Sports Foundation.
The PECSEA advises the U.S. Government on matters related to the Export Administration Act and the Export Administration Regulations, with an emphasis on ways to protect national security while minimizing potential adverse impacts on U.S. industry. The PECSEA plays a critical role in advising the Commerce Department and the Obama administration on key export control issues as they develop new regulations and policies.
About Sturm, Ruger & Co., Inc.
Sturm, Ruger & Co., Inc. is one of the nation's leading manufacturers of rugged, reliable firearms for the commercial sporting market. With products made in America, Ruger offers consumers almost 800 variations of more than 40 product lines, across both the Ruger and Marlin brands. For almost 75 years, Ruger has been a model of corporate and community responsibility. Our motto, “Arms Makers for Responsible Citizens®,” echoes our commitment to these principles as we work hard to deliver quality and innovative firearms.
The Company may, from time to time, make forward-looking statements and projections concerning future expectations. Such statements are based on current expectations and are subject to certain qualifying risks and uncertainties, such as market demand, sales levels of firearms, anticipated castings sales and earnings, the need for external financing for operations or capital expenditures, the results of pending litigation against the Company, the impact of future firearms control and environmental legislation, and accounting estimates, any one or more of which could cause actual results to differ materially from those projected. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to publish revised forward-looking statements to reflect events or circumstances after the date such forward-looking statements are made or to reflect the occurrence of subsequent unanticipated events.
Sturm, Ruger & Co., Inc. “Arms Makers for Responsible Citizens®”