Law Enforcement Associates Awarded $1.4 Million Order From U.S. Census Bureau
22 September 2008 - 9:30PM
Marketwired
Law Enforcement Associates Corporation (LEA) (AMEX: AID), the
largest U.S. developer and manufacturer of undercover surveillance
equipment, today announced it has received a $1.4 million order
from the U.S. Census Bureau. The products associated with the
order, which were not identified for reasons of confidentiality,
are expected to ship during the fourth quarter.
"Our sales team has worked to expand our presence within sectors
that are beyond our core law enforcement market," said Marty Perry,
director of sales. "This order from the U.S. Census Bureau is
representative of the success we have had at entering
non-traditional end markets."
"Our ability to address this order was made possible in part by
our status as a GSA approved supplier, a key competitive advantage
for LEA," said Paul Feldman, president. "This order, combined with
our third quarter shipment of a $723,000 UVIS Swift order from the
state of New Jersey and a host of other significant contract
opportunities give us enthusiasm about our prospects for solid
financial results during the balance of the year."
About Law Enforcement Associates Corporation
LEA is a leading security and surveillance technology company
that manufactures and markets a diverse product line to the
worldwide law enforcement, military, security and corrections
markets. The company's Audio Intelligence Devices (AID) division
has been serving the law enforcement sector for more than 30 years
and is one of the most respected names in the surveillance
equipment industry. LEA's products are used by a wide variety of
government and non-governmental agencies, as well as public and
private companies. These include military bases, nuclear
facilities, embassies, government installations, oil refineries,
United Nations and NATO locations. The company enjoys close working
relationships with other prominent players in the security and
surveillance industry, such as Smith & Wesson (NASDAQ: SWHC),
one of the world's largest manufacturers of quality firearms and
firearm safety/security products; and FLIR Systems, Inc. (NASDAQ:
FLIR), a world leader in the design, manufacture and marketing of
thermal imaging and stabilized camera systems. LEA's products have
been used at high-profile events such as the Summer & Winter
Olympics, Super Bowl, U.S. Golf Championship, and the Democratic
and Republican National Conventions. Its products include the Under
Vehicle Inspection System (UVIS), Smith & Wesson-branded UVIS
Swift, EDK123 (Explosive Detection Kit), Bloodhound and Birddog GPS
Tracking Systems, Graffiti Cam, Letter-bomb Visualizer Spray, and a
wide variety of Audio & Video Surveillance Equipment.
Headquartered in Raleigh, N.C., the company has been featured in
many industry publications and websites. For more information,
please visit www.leacorp.com.
Forward-Looking Information:
The statements in this news release contain forward-looking
information within the meaning of the Private Securities Litigation
Reform Act of 1995. Statements that use words such as "believe,"
"anticipate," "estimate," "intend," "could," "plan," "expect,"
"project," "predict," "forecast," "outlook," "potential,"
"continue," "may," "future," "can," "enhance," and "should," or the
negative of these, as well as similar expressions, can be used to
identify forward-looking statements. Such forward-looking
statements involve certain risks, assumptions and uncertainties,
including the inability to generate and secure the necessary
product sales, or the lack of acceptance of the company's products
by its customers. In each case actual results may differ materially
from such forward-looking statements. The company does not
undertake to publicly update or revise its forward-looking
statements even if experience or future changes make it clear that
any projected results (expressed or modified) will not be
realized.
CONTACT: Pfeiffer High Investor Relations, Inc. Geoff High
303-393-7044
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