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Forward Signs New Three Year Supplier Agreement With Global Healthcare Provider

WEST PALM BEACH, Fla., July 06, 2016 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ:FORD), a designer and distributor of custom carry and protective solutions, today announced that they have signed a three and a half year extension to their existing supply agreement with a Global Healthcare provider to supply Global custom carry cases for their diabetic products through January 2020.

Terry Wise, Chief Executive Officer of Forward Industries, stated, “This agreement from another major player in the industry emphatically reflects Forward’s ability to consistently provide a quality compliant product on a timely basis. I am extremely delighted that we continue to uphold our extremely high quality performance ratings from all our multi-national clients – and despite a very challenging, highly regulated and competitive market landscape we continue to be the preferred supplier of choice within the diabetics’ custom cases industry.”

About Forward Industries
Incorporated in 1962, and headquartered West Palm Beach, Florida, Forward Industries is a global designer and distributor of mobile device cases and accessories. Forward’s products can be viewed online at www.forwardindustries.com.

Contact: Forward Industries, Inc. Michael Matte, CFO (561) 465-003

Source:Forward Industries, Inc.