RELM Wireless Receives Blanket Purchase Agreement from U.S. Navy for New P25 Trunked Products |
(Archive News Story - Products mentioned in this Archive News Story may or may not be available from the manufacturer.)
RELM Wireless
7100 Technology Dr.
West Melbourne, FL, 32904
USA
Press release date: November 16, 2010
Maximum Total Contract Value of $5.5 Million Over Five Years
WEST MELBOURNE, Fla., -- RELM Wireless Corporation (NYSE Amex: RWC) today announced that it has received a blanket purchase agreement (BPA) from the U.S. Navy. This BPA includes the Company's trunked KNG portable radios, mobile radios, repeaters and related accessories, operating in the VHF, UHF and 700/800MHz frequency bands. The BPA has a maximum value of $5.5 million, with a term that commenced on October 28, 2010 and expires on October 27, 2015. The BPA does not specify purchase dates or quantities of equipment.
RELM President and Chief Executive Officer David Storey commented, "This is a very exciting win for us; matching new products with a new customer. It also marks our second award from a branch of the U.S. military since our P25 trunked products were released only a month ago. The early order activity for KNG P25 trunked radios is encouraging, and provides a glimpse of the potential for our expanded product line and capabilities. We look forward to capitalizing on this early momentum."
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 Oklahoma City bombings, 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 highspecification twoway 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 twoway 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 www.relm.com or directly at 18008212900. The Company's common stock trades on the NYSE Amex market under the symbol "RWC".
CONTACT: RELM Wireless Corporation, Timothy Vitou, VP Sales & Marketing, +1-321-984-1414
Web Site: http://www.relm.com
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