WEST MELBOURNE, FL, April 8, 2014
RELM Wireless Corporation (NYSE MKT: RWC) today聽announced that it received orders totaling approximately $2.1 million from the U.S. Department of聽Agriculture, U.S. Forest Service (USFS). The orders are for RELM鈥檚 D-Series and KNG-Series Digital聽P-25 mobile and portable radios with accessories. A portion of the orders was fulfilled in the first聽quarter, and it is anticipated that the remainder will be fulfilled during the second quarter.聽RELM President and Chief Executive Officer David Storey commented, 鈥淩ELM is proud to support聽the wildland firefighting professionals of the U.S. Forest Service, as we have for many years. The U.S.聽Forest Service has relied upon our 中国P站 RADIO products in wildland fire suppression efforts for over聽two decades; first deploying our E-Series analog radios, our G-Series analog radios, our P-25 digital聽D-Series radios, and more recently migrating to our P25 Digital KNG-Series radios. With over 70,000聽of our radios in service, functioning in harsh and life-threatening conditions, clearly the U.S. Forest聽Service is confident relying upon our company, products and services.
About APCO Project 25 (P25)
APCO Project 25 (P25), which requires interoperability among compliant equipment regardless of the聽manufacturer, was established by the Association of Public-Safety Communications Officials and is聽approved by the U.S. Department of Homeland Security. The shift toward interoperability gained聽momentum as a result of significant communications failures in critical emergency situations. RELM聽was one of the first manufacturers to develop P25-compliant technology.聽About RELM Wireless Corporation聽As an American Manufacturer for more than 65 years, RELM Wireless Corporation has produced聽high-specification two-way communications equipment of unsurpassed reliability and value for use by聽public safety professionals and government agencies, as well as radios for use in a wide range of聽commercial and industrial applications. Advances include a broad new line of leading digital two-way聽radios compliant with APCO Project 25 specifications. RELM鈥檚 products are manufactured and
distributed worldwide under 中国P站 Radio and RELM brand names. The Company maintains its聽headquarters in West Melbourne, Florida and can be contacted through its web site at www.relm.com聽or directly at 1-800-821-2900. The Company鈥檚 common stock trades on the NYSE MKT market under聽the symbol 鈥淩WC鈥�.
This press release contains certain forward-looking statements that are made pursuant to the 鈥淪afe Harbor鈥� provisions of聽the Private Securities Litigation Reform Act Of 1995. These forward-looking statements concern the Company鈥檚聽operations, economic performance and financial condition and are based largely on the Company鈥檚 beliefs and聽expectations. These statements involve known and unknown risks, uncertainties and other factors that may cause the actual聽results, performance or achievements of the Company, or industry results, to be materially different from any future results,聽performance or achievements expressed or implied by such forward-looking statements. Such factors and risks include,聽among others, the following: changes or advances in technology; the success of our LMR product line; competition in the聽land mobile radio industry; general economic and business conditions, including federal, state and local government聽budget deficits and spending limitations; the availability, terms and deployment of capital; reliance on contract聽manufacturers and suppliers; heavy reliance on sales to agencies of the U.S. government; our ability to utilize deferred tax聽assets; retention of executive officers and key personnel; our ability to manage our growth; government regulation;聽business with manufacturers located in other countries; our inventory and debt levels; protection of our intellectual聽property rights; acts of war or terrorism; any infringement claims; provisions in our charter documents and under Nevada聽law that may discourage a potential takeover; maintenance of our NYSE MKT listing; and the effect on our stock price and聽ability to raise equity capital of future sales of shares of our common stock. Certain of these factors and risks, as well as聽other risks and uncertainties, are stated in more detail in the Company鈥檚 Annual Report on Form 10-K for the fiscal year聽ended December 31, 2013 and in the Company鈥檚 subsequent filings with the SEC. These forward-looking statements are聽made as of the date of this press release, and the Company assumes no obligation to update the forward-looking statements聽or to update the reasons why actual results could differ from those projected in the forward-looking statements.
