A4S Security Voted to Receive $1.297M Project Award for ShiftWatch From Greater Cleveland Regional Transit Authority
16 Août 2006 - 2:30PM
PR Newswire (US)
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
Security With Advanced Technology - Warrant (MM) (NASDAQ:SWATW)
Graphique Historique de l'Action
De Juil 2023 à Juil 2024
Real-Time news about Security With Advanced Technology - Warrant (MM) (NASDAQ): 0 recent articles
Plus d'articles sur A4S Security - Warrant (MM)