Brekford International Corp. (OTCBB: BFDI), a provider of fully integrated, rugged, mobile technology solutions for public safety and federal agencies, announced today that it is expanding its vehicle upfitting division into new markets in the Mid-Atlantic region.
Brekford is also expanding into the government sector as the company has been granted placement on the General Services Administration (GSA) Schedule 84, a preferred, pre-negotiated
contract that provides significant revenue opportunities from federal, state and local governments.
These announcements follow a July 8, 2008 board of directors meeting in which the company's original founders and architects of the platform company, Mr. C.B. Brechin and Mr. Scott
Rutherford were appointed Chief Executive Officer and President, respectively.
Brekford International's CEO, Mr. C.B. Brechin, issued the following statement:
"Since its inception a decade ago, the upfitting division has been responsible for the vast majority of company revenues. Brekford has provided customized, ruggedized mobile solutions for
nearly every law enforcement agency in the state of Maryland. Our products and services are designed to allow public safety personnel to do their jobs more efficiently and with the
highest level of sophistication. As Brekford has evolved, we are now able to provide first responder vehicles with complete bumper to bumper mobile solutions."
"By offering our clients fully upfitted vehicles, Brekford has positioned itself as one of the only 'one stop shops' in the entire industry. As this market has become highly fragmented,
we believe the company is now in a perfect position to take what we believe are superior products, services and industry knowledge to other markets throughout the Mid-Atlantic region,"
said Brechin.
Mr. Brechin also noted that the company anticipates the timing of the GSA Schedule, along with the recent passage of the Local Preparedness Acquisition Act will open up new revenue
streams for the company's armor and vehicle upfitting divisions.
According to GSA, sales on Schedule 84 reached $1.8 billion through April 30, 2008 and a total of $2.2 billion in Fiscal 2007.
About Brekford International Corporation
Headquartered in Hanover, Maryland, Brekford International Corp. (BFDI: OTCBB), is a mobile technology firm that has provided fully integrated, rugged, bumper to bumper, vehicle upfitting
solutions since 1997. The company's growing client list includes 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 what it believes are superior services and products via its two divisions with four marketing groups offering an end-to-end
suite of products. As a preferred provider of cutting-edge technology to the government sector, the company is currently part of the General Service Administration's (GSA) Schedule 84.
For more company information, please visit http://www.brekford.com.
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factors that could cause such differences include, but are not limited to those described from time to time in the Company's filings with the Securities and Exchange Commission, including
without limitation, the Company's annual report on Form 10-K. The Company expressly disclaims any obligation to update any forward-looking statements.