Wednesday, February 29, 2012 8:08:28 AM
DecisionPoint Receives Follow-On Order From US Air Force for Software Upgrade Under Proprietary BITS Program
Decisionpoint Sys In (OTCBB:DPSI)
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Today : Wednesday 29 February 2012
DecisionPoint Systems, Inc. (OTCBB: DPSI), a leading enterprise mobility and RFID systems integrator, today announced that it has received a follow-on order from the United States Air Force to upgrade the software for its "Go to War" and emergency management support packages. The US Air Force is in the process of upgrading the "Go to War" and emergency management support packages in its warehouse management systems under DecisionPoint's proprietary BITS (Barcode Inventory Tracking Systems) program. The BITS program is being deployed system wide throughout the Air Force, including the active Air Force worldwide, the Air Force Reserve and the Air National Guard. The contract value to date is approximately $8.0 million with proprietary software and professional services accounting for approximately 66% of the total value.
"A consistent challenge to Air Force leaders has been to accurately and efficiently track and manage material surpluses and shortfalls in 'Go to War' and emergency management," said Nicholas Toms, DecisionPoint Chief Executive Officer. "Our extensive experience in automating data collection for warehouse and asset management systems makes DecisionPoint an ideal partner to continue working with Air Force personnel to manage mission critical inventory. We are honored that DecisionPoint Systems continues to be a key supplier to our armed services."
The BITS kits replace a time consuming manual process and were custom designed and built for the Air Force using DecisionPoint's proprietary products including software and mobile hand held terminals that support barcode technology. The system provides real time asset tracking visibility and equipment maintenance, reduces inventory costs and shortages and enables Air Force personnel to automate maintenance of "Go to War" and emergency management support units that can include thousands of individual items.
Investor Relations Contact:
Stephanie Prince/Jody Burfening
Lippert/Heilshorn & Associates
T: 212-838-3777
sprince@lhai.com
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