IRVING, Texas, Dec. 8 /PRNewswire-FirstCall/ -- EF Johnson Technologies, Inc. today announced that it has been named as one of several contractors under a contract issued by the U.S. Internal Revenue Service (IRS). The contract is an indefinite delivery/indefinite quantity (ID/IQ) contract which allows various federal government agencies to purchase P25 digital two-way radios and related equipment from time to time from a select group of companies, including EF Johnson Technologies, Inc.
"We have a lengthy and proud tradition of providing secure wireless communications solutions to the Federal government," said Michael Jalbert, president and chief executive officer of EF Johnson Technologies, Inc. "This contract is the latest validation of our commitment. Our award-winning ES Series of Project 25 compliant radios deploy the second-generation Enhanced (AMBE+2) Project 25 Vocoder for superior voice quality and reduction of background noise, solid construction, federally certified encryption algorithms, and compliance with military specifications for extreme temperatures, vibration, and shock. We are honored to be named on this contract and look forward to providing the government agencies with our solutions."
The maximum total value of the five-year contract is $750 million; however, the contract does not specify purchase dates or quantities of equipment from any specific contractor.
About EF Johnson Technologies, Inc.
Headquartered in Irving, Texas, EF Johnson Technologies, Inc. focuses on innovating, developing and marketing the highest quality secure communications solutions to organizations whose mission is to protect and save lives. The Company's customers include first responders in public safety and public service, the federal government, and industrial organizations. The Company's products are marketed under the EFJohnson, 3e Technologies International, and Transcrypt International names and are Made in America. For more information, visit http://www.efjohnsontechnologies.com/.
Safe Harbor
Certain matters discussed in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks and uncertainties that could cause the actual results, performance or achievements to differ materially from those expressed, suggested or implied by the forward-looking statements due to a number of risk factors including, but not limited to, the timing and receipt of orders, the level of demand for the Company's products and services, dependence on continued funding of governmental agency programs, continued access to bank lines of credit, reliance on contract manufacturers, the timely procurement of necessary manufacturing components, software feature development and the implementation of application software, successful integration of the system components, general economic and business conditions, and other risks detailed in the Company's reports filed with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the period 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 undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Readers are cautioned not to place undue reliance on these forward-looking statements.
EF Johnson Technologies, Inc.
CONTACT: investor relations, Jana Ahlfinger Bell, +1-972-819-0700,
jbell@efji.com, or trade press, Kevin Nolan, +1-972-819-0710, knolan@efji.com,
both of EF Johnson Technologies, Inc.
Web Site: http://www.efjohnsontechnologies.com/
