HANOVER, Md., Dec 16, 2009 (GlobeNewswire via COMTEX) -- Brekford Corp. (BFDI), in partnership with RedSpeed, has been awarded a three year contract to deliver industry leading photo speed enforcement services to the town of Fruitland; located in Wicomico County, Maryland; population over four thousand.
Under the terms of the contract, Brekford powered by RedSpeed will install photo speed enforcement monitoring solutions in various school zones. Speeding is one of the most prevalent factors contributing to traffic accidents. Nearly one third of all fatal crashes are speed related.
Chief Michael Phillips of the Fruitland Police Department states, "Our goal is to make the Fruitland roadways safer as drivers modify their driving habits and realize they cannot speed through school zones. We are working with Brekford and RedSpeed to implement photo speed monitoring devices. With the Brekford and RedSpeed teams, I expect satisfactory results from our safety program."
The State of Maryland's significant expansion and implementation of speed control systems throughout the state is estimated to generate $65.3 million in new photo ticket revenues by 2014 and an estimated $9.8 million opportunity for private sector companies servicing the public safety landscape.
CB Brechin, Chief Executive Officer of Brekford, stated, "We consider this contract an important win for Brekford because it supports a cornerstone of Fruitland's efforts to keep the streets safe for children." Mr. Brechin went on to say, "The partnership between Brekford and RedSpeed joins together two companies with proven and complete vehicle and photo law enforcement solutions and is recognition of our commitment to the school zone safety. This win is the first in many contract awards in Maryland to come for Brekford for photo speed enforcement."
The combination of Brekford's complete law enforcement vehicle solutions and RedSpeed's proven expertise in turnkey processing services will provide Fruitland law enforcement agencies with a "one-stop-shop" to obtain cutting edge technology solutions and services specifically designed to improve traffic safety within school zones and safer streets.
Brekford Corp. 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. Brekford provides these agencies with an end-to-end suite of mobile products and services designed to streamline procurement and operations.
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.
This press release contains forward-looking statements within the meaning of that term in Section 21E of the Securities Exchange Act of 1934, as amended. Actual results may differ materially from the results suggested by these forward-looking statements, for a number of reasons, including, but not limited to, market conditions, the cost and success of development activities and ability to successfully manage growth. Readers are referred to the documents filed by Brekford International Corp. with the SEC, specifically the Company's most recent reports filed on Form 10-K and Forms 10-Q, which further identify the important risk factors which could cause actual results to differ materially from the forward-looking statements in this release. The Company expressly disclaims any obligation to update any forward-looking statements.
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