LOVELAND, Colo., Aug. 16 /PRNewswire-FirstCall/ -- A4S Security, Inc. (NASDAQ:SWATNASDAQ:SWATWNASDAQ:andNASDAQ:NYSENASDAQ:Arca:NASDAQ:SWATNASDAQ:SWATW), a leading provider of digital video surveillance solutions, today announced that the Board of Trustees for the Greater Cleveland Regional Transit Authority (GCRTA) has voted to award A4S a contract for installation of its ShiftWatch(R) mobile video surveillance and facilities surveillance solution in 40 light rail vehicles and 18 platform stations. This award, not to exceed $1.297 million, will include the purchase of A4S Security's next generation TVS platform targeted for release in early Fall 2006. The formal award notification will come from GCRTA procurement. The project is subject to final negotiation and execution of the contract. A4S Security's new TVS platform is expected to be completed by the fourth quarter of this year. About A4S Security, Inc. A4S Security, Inc. develops and markets the ShiftWatch(R) product line of mobile digital video surveillance solutions for public transportation, law enforcement and general security applications. The company's full motion, high resolution video system utilizes patent pending video streaming technology and GPS synchronization capabilities to provide agencies with data security and reliability. The company's open, standards based architecture facilitates interoperability, easing management of the information and communication complexities and leveraging customers' investment in the future. For additional information about A4S Security and ShiftWatch(R) solutions, call 1-888-825-0247 or visit http://www.shiftwatch.com/. Information on the web site does not comprise a part of this press release. This press release includes "forward-looking statements" as defined by the Securities and Exchange Commission (the "SEC"). All statements, other than statements of historical fact, included in the press release that address activities, events or developments that the company believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on certain assumptions made based on experience, expected future developments and other factors the company believes are appropriate under the circumstances. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the company and may not materialize. Investors are cautioned that any such statements are not guarantees of future performance. Actual results or developments may differ materially from those projected in the forward-looking statements as a result of many factors, including the company's ability to release its next generation TVS platform as planned, negotiate and execute a definitive agreement with GCRTA and enhance, execute and protect its technological capabilities, among others. Furthermore, the company does not intend (and is not obligated) to update publicly any forward-looking statements, except as required by law. The contents of this release should be considered in conjunction with the warnings and cautionary statements contained in the company's recent filings with the SEC. CONTACT: Investor Relations Media Todd Kehrli or Jim Byers Pat O'Connor MKR Group, LLC A4S Security, Inc. (818) 556-3700 (970) 461-0071 ext. 134 DATASOURCE: A4S Security, Inc. CONTACT: Investor Relations, Todd Kehrli, or Jim Byers, both of MKR Group, LLC, +1-818-556-3700, , for A4S Security, Inc.; or Media, Pat O'Connor of A4S Security, Inc., +1-970-461-0071, ext. 134, Web site: http://www.shiftwatch.com/

Copyright

Security With Advanced Technology - Warrant (MM) (NASDAQ:SWATW)
Graphique Historique de l'Action
De Juin 2024 à Juil 2024 Plus de graphiques de la Bourse Security With Advanced Technology - Warrant (MM)
Security With Advanced Technology - Warrant (MM) (NASDAQ:SWATW)
Graphique Historique de l'Action
De Juil 2023 à Juil 2024 Plus de graphiques de la Bourse Security With Advanced Technology - Warrant (MM)