RELM Wireless Awarded Orders Totaling $1.1 Million From the Departments of Agriculture and Interior
21 Mai 2009 - 2:00PM
PR Newswire (US)
WEST MELBOURNE, Fla., May 21 /PRNewswire-FirstCall/ -- RELM
Wireless Corporation (NYSE AMEX: RWC) today announced that it has
been awarded orders totaling $1.1 million from agencies of the U.S.
Department of Agriculture and the U.S. Department of the Interior.
These orders include both the company's new digital P25 KNG
products, and its long-time flagship D-Series digital P-25
products. It is anticipated that these orders will be fulfilled
during the second quarter of 2009. RELM President and Chief
Executive Officer David Storey commented, "We are very pleased to
see some substantial P-25 digital purchases from our base of legacy
customers in the departments of Agriculture and Interior. Following
our recently announced win with the U.S. Department of Defense, we
have now realized significant positive traction with new customers
and with customers in our traditional federal government
strongholds. Although the economic and industry outlook is
uncertain, these recent orders provide further tangible evidence of
the improved trends we have noted so far this year compared to
2008. Recent order activity is also a positive indicator of growing
customer awareness and confidence in our new KNG products. We are
working hard to build on this momentum." About APCO Project 25
(P25) APCO Project 25 (P25), which requires interoperability among
compliant equipment regardless of the manufacturer, was established
by the Association of Public-Safety Communications Officials and is
approved by the U.S. Department of Homeland Security. The shift
toward interoperability gained momentum as a result of significant
communications failures during events such as the 9/11 attacks and
Hurricane Katrina. RELM was one of the first manufacturers to
develop P25-compliant technology. About RELM Wireless Corporation
As an American Manufacturer for more than 60 years, RELM Wireless
Corporation has produced high-specification two-way communications
equipment of unsurpassed reliability and value for use by public
safety professionals and government agencies, as well as radios for
use in a wide range of commercial and industrial applications.
Advances include a broad new line of leading digital two-way radios
compliant with APCO Project 25 specifications. RELM's products are
manufactured and distributed worldwide under BK Radio and RELM
brand names. The Company maintains its headquarters in West
Melbourne, Florida and can be contacted through its web site at
http://www.relm.com/ or directly at 1-800-821-2900. The Company's
common stock trades on the NYSE Amex market under the symbol "RWC".
This press release contains certain forward-looking statements that
are made pursuant to the "Safe Harbor" provisions of the Private
Securities Litigation Reform Act Of 1995. These forward-looking
statements concern the Company's operations, economic performance
and financial condition and are based largely on the Company's
beliefs and expectations. These statements involve known and
unknown risks, uncertainties and other factors that may cause the
actual results, performance or achievements of the Company, or
industry results, to be materially different from any future
results, performance or achievements expressed or implied by such
forward-looking statements. Such factors and risks include, among
others, the following: risks relating to the current financial
crisis and adverse economic conditions; reliance on contract
manufacturers; heavy reliance on sales to the U.S. Government;
federal, state and local budget deficits and spending limitations;
limitations in available radio spectrum for use by land mobile
radios; general economic and business conditions amid the financial
crisis; changes in customer preferences; competition; changes in
technology; changes in business strategy; the debt and inventory
levels of the Company; quality of management, business abilities
and judgment of the Company's personnel; and the availability,
terms and deployment of capital. Certain of these factors and
risks, as well as other risks and uncertainties, are stated in more
detail in the Company's Annual Report on Form 10-K for the fiscal
year ended December 31, 2008 and in the Company's subsequent
filings with the SEC. These forward-looking statements are made as
of the date of this press release, and the Company assumes no
obligation to update the forward-looking statements or to update
the reasons why actual results could differ from those projected in
the forward-looking statements. DATASOURCE: RELM Wireless
Corporation CONTACT: RELM Wireless Corporation, Timothy Vitou, VP
Sales & Marketing, +1-321-984-1414; or Investor Relations, R.J
Falkner & Company, Inc., R. Jerry Falkner, CFA,
+1-800-377-9893, Web Site: http://www.relm.com/
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