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Tuesday, 12/08/2009 10:03:09 AM

Tuesday, December 08, 2009 10:03:09 AM

Post# of 27
RELM Shares up 2.30 to 4.70s
Surge on Getting Up To $750 Million Federal Contract

DOW JONES NEWSWIRES

RELM Wireless Corp. (RWC) was named as a contractor under a U.S. government contract for two-way radios and related equipment.

Shares surged 41% premarket to $3.43. The stock through Monday had already more than tripled this year.

The contract's maximum value is up to $750 million and could last five years. The equipment is for a host of federal agencies, including the departments of Justice, Treasury and Transportation. RELM already has contracts with other agencies and the U.S. Postal Service.

The company last month reported a 43% sales
jump for the third quarter as earnings tripled.

-By Kevin Kingsbury, Dow Jones Newswires; 212-416-2354; kevin.kingsbury@dowjones.com