EF Johnson Technologies, Inc. Obtains Two Additional Orders Totaling $6.7 Million from a State Transportation Department
Company's Project 25 compliant mobile radios added to this state department's fleet
IRVING, Texas, April 8 /PRNewswire-FirstCall/ -- EF Johnson Technologies, Inc. (Nasdaq: EFJI) announced today that it has received two additional orders, one valued at $1.8 million and one valued at $4.9 million, from a state transportation department. The orders were placed under a multi-year, state contract vehicle and call for the Company to provide its ES Series of Project 25 compliant mobile radios and accessories. These orders are in addition to the $3.4 million order from this customer announced by the Company in March for the Company's ES Series of Project 25 compliant portable radios and accessories.
"These orders further illustrate the strength of our relationship with this state department," said Michael Jalbert, president and chief executive officer of EF Johnson Technologies, Inc. "Both our ES Series portable and mobile radios have been added to the fleet, and we look forward to continuing to offer Project 25 compliant interoperable products to this customer. Features of our ES Series radios include: Project 25 trunked and conventional operation, interoperability with SMARTNET®/SmartZone®, solid construction, and compliance with military specifications for extreme temperatures, vibration, and shock," Jalbert added.
About EF Johnson Technologies, Inc.
Headquartered in Irving, Texas, EF Johnson Technologies, Inc. focuses on innovating, developing and marketing the highest quality secure communications solutions to organizations whose mission is to protect and save lives. The Company's customers include first responders in public safety and public service, the federal government, and industrial organizations. The Company's products are marketed under the EFJohnson, 3e Technologies International, and Transcrypt International names and are Made in America. For more information, visit http://www.EFJohnsonTechnologies.com.
Safe Harbor
Certain matters discussed in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks and uncertainties that could cause the actual results, performance or achievements to differ materially from those expressed, suggested or implied by the forward-looking statements due to a number of risk factors including, but not limited to, our ability to repay our bank debt when due, continued access to bank lines of credit, the timing and receipt of orders, the level of demand for the Company's products and services, dependence on continued funding of governmental agency programs, reliance on contract manufacturers, the timely procurement of necessary manufacturing components, software feature development and the implementation of application software, successful integration of the system components, general economic and business conditions, and other risks detailed in the Company's reports filed with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the period ended December 31, 2009 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 undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Readers are cautioned not to place undue reliance on these forward-looking statements.
SOURCE EF Johnson Technologies, Inc.
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