• E-mail
• Print
• Comment
• Font Size
• Digg
• del.icio.us
• Discuss article

RELM Wireless Awarded Orders Totaling $1.1 Million From the Departments of Agriculture and Interior

Posted on: Thursday, 21 May 2009, 07:00 CDT

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 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.

SOURCE RELM Wireless Corporation

Source: PR Newswire

More News in this Category