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Tuesday, 10/03/2017 10:38:15 AM

Tuesday, October 03, 2017 10:38:15 AM

Post# of 90645

$PSID announced today that its E-N-G Mobile Systems (“ENG”) subsidiary year-to-date vehicle bookings at the end of the third quarter of 2017 increased 152% compared to the first nine months of 2016. This increase was driven by bookings during the third quarter of more than $1.5 million.

ENG is a specialty vehicle manufacturer that focuses on building customized mobile laboratories, and has delivered more than 1,500 vehicles since its inception. Bookings represent signed purchase orders or contracts received from customers. The company recognizes revenue on booked contracts once the vehicle is built and delivered to the customer. ENG’s bookings through the third quarter of 2017 exceed its full year 2016 bookings, with the largest component of year-to-date bookings representing orders for mobile labs at 43% of total bookings. PositiveID’s E-N-G Mobile Systems’ Year-to-Date Bookings Up 152% from Prior Year https://finance.yahoo.com/news/positiveid-e-n-g-mobile-120000496.html



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