RELM Wireless Awarded U.S. Department of Defense Orders Totaling Approximately $700,000 for New P25 KNG Products
04 November 2009 - 11:30PM
PR Newswire (US)
WEST MELBOURNE, Fla., Nov. 4 /PRNewswire-FirstCall/ -- RELM
Wireless Corporation (NYSE Amex: RWC) today announced that it has
been awarded orders totaling approximately $700,000 from the U. S.
Department of Defense (DoD). These orders are for the Company's new
digital P25 100-watt repeaters, KNG portable radios and
accessories. It is anticipated that the orders will be fulfilled
during the fourth quarter of 2009. RELM President and Chief
Executive Officer David Storey commented, "We are very pleased with
these recent orders and the growth of our DoD business over the
course of this year. The 100-watt repeaters are being customized to
meet the precise application requirements of their users,
demonstrating the premium RELM places on world-class customer
service and superior value. We are continuing to aggressively
pursue additional opportunities with this very important new
customer and others within the military and defense arena." 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 http://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. DATASOURCE: RELM Wireless Corporation CONTACT: Timothy
Vitou, VP Sales & Marketing, RELM Wireless Corporation,
+1-321-984-1414; Investor Relations: R. Jerry Falkner, CFA,
800-377-9893, , R.J Falkner & Company, Inc. Web Site:
http://www.relm.com/
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