Electronic Control Security (EKCS)

[HokieHead]

Took some here in the 35/40's. Could be a boomer on the news. $85m on phase 1? No debt or convertibles on balance sheet per last filing.

During the past seven (7) years of planning and development we addressed the design, engineering, manufacturing, integration, factory acceptance testing, field testing and training in the maintenance and operation of the technologies to secure a nation.

The design includes ECSI’s entry control, perimeter, including, Fiber Optic Intelligent Detection System (FOIDS®), Infrared Perimeter Intrusion Detection (IPID®), Three-dimensional Radar, Day/Night Thermal Imaging Cameras and its Integrated Device Management Technologies.

Mr. Barchenko added, “now that the project is ready to move ahead a formal teaming agreement has been entered into between the parties for a five (5) year multi-phased program to secure the border of the country. Phase one (1) is estimated to be potentially up to $85M with shipments scheduled for fiscal 2022 and on.