KNG VHF & UHF Trunked Portable & Mobile Radios with Accessories
WEST MELBOURNE, FL, February 18, 2014
RELM Wireless Corporation (NYSE MKT: RWC)聽today announced orders from a state forestry agency and county law enforcement, fire and emergency聽medical service agencies totaling an aggregate of approximately $1.6 million. The orders were for聽KNG VHF and UHF trunked portable and mobile radios with options and accessories. These radios聽will be deployed in state wildland fire suppression efforts, as well as county law enforcement, EMS聽and other public safety applications. The orders are anticipated to be fulfilled during the first quarter聽of 2014.
RELM President and Chief Executive Officer David Storey commented, 鈥淭hese orders represent a聽combination of new customers and additional business from previous customers, all of which are for聽various KNG radio models and supplementary equipment. The business from the state forestry聽agency, in particular, represents a significant increase from its previous purchases.鈥�
Mr. Storey continued, 鈥淪ales growth within the state and local segment of the public safety market is a聽key to our strategic business plans, and the KNG product line was designed with that in mind. We聽believe that these wins coupled with other previously announced state and local orders are an聽encouraging indication that that we are making progress.鈥�
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.
About RELM Wireless Corporation
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聽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; fluctuation in our operating results; acts of war or terrorism; any infringement claims; provisions in our聽charter documents and under Nevada law that may discourage a potential takeover; maintenance of our NYSE MKT聽listing; and the effect on our stock price and ability to raise equity capital of future sales of shares of our common stock.聽Certain of these factors and risks, as well as other risks and uncertainties, are stated in more detail in the Company鈥檚聽Annual Report on Form 10-K for the fiscal year ended December 31, 2012 and in the Company鈥檚 subsequent filings with聽the SEC. These forward-looking statements are made as of the date of this press release, and the Company assumes no聽obligation to update the forward-looking statements or to update the reasons why actual results could differ from those聽projected in the forward-looking statements.
