EF Johnson Press Release - April 6, 2010
EF Johnson Technologies, Inc. Receives $4.5 Million in Orders to Support the Department of Defense Advanced Metering Infrastructure Program Company to provide secure wireless products for energy management systems
Irving, TX – March 31, 2010 – EF Johnson Technologies, Inc. (NASDAQ: EFJI) today announced that its 3e Technologies International (3eTI) subsidiary has received orders valued at $4.5 million from U.S. Department of Defense (DoD) prime contractors to deliver its FIPS 140-2 Validated™ secure wireless mesh products in support of the Advanced Metering Infrastructure (AMI) program. The orders call for the Company to deliver its products for deployment across many DoD locations.
“The AMI program is enabling the DoD to install advanced meters for use in monitoring energy consumption at military installations to meet key tenets of the Federal Energy Policy Act,” said Michael Jalbert, president and chief executive officer of EF Johnson Technologies, Inc. “Our affordable secure wireless mesh products are supporting the establishment of a robust AMI network infrastructure that provides two-way communication between the advanced meters and the energy management system. This program will lead to better utilization of DoD energy resources, and we are pleased to help them in their ongoing commitment to achieving greater energy efficiency.”
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 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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