City of Boulder and Boulder County Contract with Tiburon, Inc. For New Public Safety Records Management Systems
28 February 2007 - 12:00AM
Business Wire
CompuDyne Corporation (NASDAQ:CDCY), an industry leader in
sophisticated security products, integration and technology for the
public security markets, announced today that the city of Boulder
Police Department and the Boulder County Sheriff in Colorado signed
contracts with CompuDyne�s public safety and justice unit, Tiburon,
Inc. of Pleasanton, CA, to provide law enforcement Records
Management Systems. Tiburon is an industry-leading provider of
automated public safety and justice systems which meet the
demanding and complex needs of law enforcement, fire & rescue,
corrections and justice environments. Boulder County Sheriff, a
client for more than five years, contracted with Tiburon for an
upgrade to their existing Records Management and Corrections
Management systems. The Sheriff�s Office wanted to take advantage
of the new hardware technology and enhanced software functionality
for their records and corrections operations provided by this
comprehensive upgrade. After a rigorous RFP process, extensive
demonstrations and a thorough evaluation of multiple vendors, the
city of Boulder Police Department chose Tiburon to provide this new
Records Management System to consolidate and automate records
processing and criminal investigations for the police department.
The new system will provide several benefits to the Boulder Police
Department, including increased officer productivity through
automation of labor intensive tasks and enhanced information
sharing and accuracy. In addition, the Boulder Police Department
wanted the ability to take advantage of the Tiburon technologies
currently installed in neighboring jurisdictions. Currently the
cities of Longmont, Lafayette and Greeley, and the counties of
Boulder, Jefferson, Larimer and Weld, all use Tiburon solutions to
automate critical public safety information, which saves precious
time and improves efficiencies of law enforcement activities.
Certain statements made in this press release constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995, including those
statements concerning the Company�s expectations with respect to
future operating results and other events. Although the Company
believes it has a reasonable basis for these forward-looking
statements, these statements involve risks and uncertainties that
cannot be predicted or quantified and consequently, actual results
may differ materially from those expressed or implied by such
forward-looking statements. Factors which could cause actual
results to differ from expectations include, among others, capital
spending patterns of the security market and the demand for the
Company�s products, competitive factors and pricing pressures,
changes in legislation, regulatory requirements, government budget
problems, the Company�s ability to secure new contracts, the
ability to remain in compliance with its bank covenants, delays in
government procurement processes, inability to obtain bid, payment
and performance bonds on various of the Company�s projects,
technological change or difficulties, the ability to refinance debt
when it becomes due, product development risks, commercialization
difficulties, adverse results in litigation, the level of product
returns, the amount of remedial work needed to be performed, costs
of compliance with Sarbanes-Oxley requirements and the impact of
the failure to comply with such requirements, risks associated with
internal control weaknesses identified in complying with Section
404 of Sarbanes-Oxley, the Company�s ability to realize anticipated
cost savings, the Company�s ability to simplify its structure and
modify its strategic objectives, and general economic conditions.
Risks inherent in the Company�s business and with respect to future
uncertainties are further described in its other filings with the
Securities Exchange Commission, such as the Company�s Form 10-K,
Form 10-Q, and Form 8-K reports.
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