WEST MELBOURNE, Fla., Oct. 2 /PRNewswire-FirstCall/ -- RELM Wireless Corporation (AMEX:RWC) today announced that it has received orders totaling $2.6 million from agencies of the United States Federal Government. Approximately 86% of the orders are for P25-compliant, digital products, most of which were shipped during the third quarter of 2007. The balance of the orders is expected to ship during the fourth quarter of 2007.
"One of our primary objectives is to penetrate new federal government agencies," commented RELM President and Chief Executive Officer David Storey. "These orders, which include business from new federal agencies, are an indication of RELM's progress toward that objective, and demonstrate growing confidence in our products and services among agencies of the federal government. The products associated with these orders will be widely deployed, providing the reliable communications capabilities demanded by public safety and military professionals in critical situations. The foundation of RELM is built on understanding and meeting those demands." 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 towards interoperability has gained momentum as a result of communications failures such as those experienced during Hurricane Katrina, the 9/11 terrorist attacks and the Oklahoma City bombing. RELM was one of the first manufacturers to develop P25-compliant technology.
About RELM Wireless For six decades, RELM Wireless Corp. has manufactured and marketed high- specification two-way communications equipment for use by public safety professionals and government agencies, as well as radios for use in a wide range of commercial and industrial applications, including disaster recovery. Revolutionary advances include new interoperable, low-cost digital two-way radios compliant with APCO Project 25 technical specifications. Products are manufactured and distributed worldwide under the names BK Radio, RELM/BK and RELM. 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.
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: 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; 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 year ended December 31, 2006 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: Media, David Storey, Pres. & CEO, RELM Wireless Corporation, +1-321-984-1414; or investors, R. Jerry Falkner, CFA, R.J Falkner & Company, Inc., +1-800-377-9893, or , for RELM Wireless Corporation Web site: http://www.relm.com/
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