EF Johnson Press Release - September 29, 2009
EF Johnson Technologies, Inc. Receives $11 Million Task Order Against Prior $48 Million Contract from the Department of Defense Company to Provide Integrated Surveillance and Energy Management SolutionIrving, TX – September 29, 2009 – EF Johnson Technologies, Inc. (NASDAQ: EFJI) announced today that its 3e Technologies International (3eTI) subsidiary has received a Task Order valued at $11 million with initial funding of $4.5 million from a U.S. Department of Defense (DoD) customer. This award is a Task Order under the $48M contract announced in October 2008. The Task order calls for the Company to provide an Energy Management solution within its virtual perimeter monitoring system.
“Our virtual perimeter monitoring system provides robust FIPS 140-2 Validated™ secure broadband technology that supports wireless sensor networks for Energy Management while effectively providing a real-time video surveillance to protect Military personnel and property,” said Michael Jalbert, president and chief executive officer of EF Johnson Technologies, Inc. “This new order calls for us to provide an Integrated Surveillance and Energy Management solution for the DoD. One of our core objectives is to provide the highest quality wireless LAN solutions to the DoD, and we are pleased with their continued confidence in our solutions.”
Kevin Nolan, 972.819.0710
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. For more information, visit http://www.EFJohnsonTechnologies.com.
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, the level of demand for the company’s products and services, 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, dependence on continued funding of governmental agency programs, 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, 2007 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.
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