Sirit, a Federal Signal Technologies Company, Awarded Contract With Defense Logistics Agency

RFID labels and ribbons to be supplied for supply chain applications

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May 26, 2010, 01:28 ET

IRVINE, Calif., May 26 /PRNewswire-FirstCall/ -- Federal Signal Technologies company Sirit Corp. ("Sirit"), a global provider of radio frequency identification ("RFID") technology, announced today that it has been awarded a contract with the Defense Logistics Agency ("DLA") utilizing passive Class 1, Generation 2 RFID labels. The DLA is the U.S. Department of Defense's combat logistics support agency. The maximum value of the contract is estimated at US$2.7 million covering one year with two additional one year options. Sirit has passed stringent testing requirements conducted by the DLA and has begun fulfilling orders under this contract.

The contract calls for RFID labels which incorporate Sirit's EPC Class 1 Gen 2 compliant RSI-674 inlay. This inlay is a globally compliant product which offers proven performance in a broad range of applications. The passive RFID labels and ribbons will be deployed for internal and external tracking of materials at all Defense Distribution Center depots across the United States and overseas, with the goal of improving accuracy and speed of processing through the depots' automated Warehouse Management System.

"We are excited to have been chosen by the Defense Logistics Agency to fulfill their requirements for ISO 18000-6C RFID labels and ribbons," said John Freund, President of Sirit. "This is an important program for the government and we look forward to working closely with them in support of this initiative."

About Sirit Corp.

Sirit Corp. is a business unit of Federal Signal Corporation (NYSE: FSS), a leader in environmental, safety and transportation solutions. Sirit is a leading provider of Radio Frequency Identification (RFID) technology worldwide. Harnessing the power of Sirit's enabling-RFID technology, customers are able to more rapidly bring high quality RFID solutions to the market with reduced initial engineering costs. Sirit's products are built on more than 16 years of RF domain expertise addressing multiple frequencies (LF/HF/UHF), multiple protocols and are compliant with global standards. Sirit's broad portfolio of products and capabilities can be customized to address new and traditional RFID market applications including Supply Chain & Logistics, Cashless Payment (including Electronic Tolling), Access Control, Automatic Vehicle Identification, Inventory Control & Management, Asset Tracking and Product Authentication. For more information, visit www.sirit.com.

About Federal Signal

Federal Signal enhances the safety, security and well-being of communities and workplaces around the world. Founded in 1901, Federal Signal is a leading global designer and manufacturer of products and total solutions that serve municipal, governmental, industrial and transportation customers and markets. Headquartered in Oak Brook, IL, with manufacturing facilities worldwide, Federal Signal operates three groups: Safety and Security Systems, Environmental Solutions and Fire Rescue. The Company is creating a fourth group, Federal Signal Technologies. For more information on Federal Signal, visit: http://www.federalsignal.com.

Cautionary Note Regarding Forward-Looking Statements

This release contains unaudited financial information and various forward-looking statements as of the date hereof and we undertake no obligation to update these forward-looking statements regardless of new developments or otherwise. Statements in this release that are not historical are forward-looking statements. Such statements are subject to various risks and uncertainties that could cause actual results to vary materially from those stated. Such risks and uncertainties include but are not limited to: economic conditions in various regions, product and price competition, supplier and raw material prices, foreign currency exchange rate changes, interest rate changes, increased legal expenses and litigation results, legal and regulatory developments and other risks and uncertainties described in Federal Signal's filings with the Securities and Exchange Commission.

"Sirit", the Sirit Design and "vision beyond sight" are all trademarks of Sirit Inc. All other names of actual companies and products mentioned herein may be the trademarks of their respective owners.

SOURCE Federal Signal Corporation