|Brekford International Corp. provides integrated vehicle installation and rugged technology solutions geared towards mission critical operations in the United States. The company offers ruggedized mobile computing, video, and communications products and services for homeland security and public safety environments; and information technology products in support of homeland security and public safety back-office operations. Its products and services primarily include rugged notebook computers; mounting systems; wireless data services, which comprise wireless Internet access and global positioning systems; mobile audio and video recording systems; and installation services. The company also provides vehicle modification products and services, such as specialized lights, sirens, prisoner cages, and ballistics protection for homeland security, law enforcement, fire, and emergency medical vehicles. It serves principally municipal police departments, state and municipal public safety agencies, public utilities, fortune 500 companies, and government integrators. The company was formerly known as Tactical Solution Partners, Inc. and changed its name to Brekford International Corp. in May 2008. Brekford International Corp. was founded in 1997 and is headquartered in Hanover, Maryland. |
Brekford Corp. (OTCBB:BFDI) is a leading homeland technology service provider of fully integrated vehicle installation and rugged technology solutions geared towards mission critical operations. For more than a decade, the company has provided services to branches of the U.S. military, various federal entities and numerous security and public safety agencies throughout the Mid-Atlantic region. Brekford provides these agencies with an end-to-end suite of superior products and services designed to streamline procurement processes and offer maximum functionality to their day to day operations.
Brekford provides end-to-end mobile communications, information technology and vehicle upfitting solutions including:
- Ruggedized mobile computing, video and communications products and services for homeland security and public safety environments;
- Information technology products in support of homeland security and public safety back-office operations; and,
- Bumper-to-bumper vehicle modification products and services, including specialized lights, sirens, prisoner cages and ballistics protection for homeland security, law enforcement, fire and emergency medical vehicles
Brekford 360 Degree vehicle solutions provides complete vehicle upfitting, mobile data and video solutions including municipal financing and leasing services for agencies. The 360 Degree vehicle solutions approach provides customers with a one stop upfitting cutting edge technology and installation service.
Brekford Corp. Announces the Repurchase of Common Stock and Warrants
C.B. Brechin, Chief Executive Officer of Brekford, states, "The repurchase of the Common Stock has many advantages to our investors: fewer shares, increased return on equity and possible increased stock demand. The repurchase of approximately one-third of the outstanding Common Stock demonstrates the confidence we have in the Company and shows our commitment to deliver long-term shareholder value."
The repurchase and cancellation of the 18,910,000 shares of the Company's Common Stock decreased the Common Stock outstanding from 57,815,513 to 38,905,513 on November 4, 2009, and is anticipated to increase Net Earnings per Share to $0.02 for the year ended December 31, 2009, compared to reported Net Loss per Share of $(0.02) for the year ended December 31, 2008.