|By Marketwired .||
|March 21, 2014 05:22 PM EDT||
HANOVER, MD -- (Marketwired) -- 03/21/14 -- Brekford Corp. (the "Company") (OTCBB: BFDI) (OTCQB: BFDI), a leading public safety technology service provider of fully integrated traffic safety solutions, parking enforcement citation collections and an end-to-end suite of technology equipment for public safety vehicle services, today announced the launch of its Safety Zone SpeedAlert system. The technology is an all-in-one fully portable device that combines a tracking radar sign that notifies drivers of their approaching speed with a photo enforcement camera to identify violators exceeding a predetermined speed threshold.
Brekford collaborated with the City of Laurel, Maryland to develop the technology as an alternative solution to traditional photo speed enforcement camera system. The systems are battery powered or solar with wireless communications, enabling rapid deployment on a rotating basis throughout the community. Photo enforcement cameras are an optional component the City may choose to rotate among a group of the systems to ensure a constant "safety net" for multiple school zones.
"Brekford is excited to introduce this new technology to the automated traffic safety enforcement market," stated Rod Hillman, President and Chief Operating Officer of Brekford Corp. "Too often there are complaints from the vocal minority regarding the true safety benefits of a photo enforcement programs. With our new SpeedAlert system, municipalities such as Laurel can develop a program that provides the desired result of changing driver behavior without necessarily enforcing at every location at all times. Since drivers can see their approaching speed, there is ample notification to slow down before a citation is issued."
Brekford is offering the systems, with or without photo enforcement cameras, to communities throughout the United States. When combined with Brekford's industry leading citation and collection management software, iP360, the SpeedAlert systems serve as a complete solution especially in areas where the law does not yet permit photo speed enforcement.
"We don't think drivers intentionally speed in school zones or anytime they know kids are around, but we know it happens and we hope this tool will remind drivers to slow down and be careful," commented Rich McLaughlin, Chief of Police for the City of Laurel. (http://www.myfoxdc.com/story/25027941/speed-display-sign-doubles-as-speed-camera#axzz2wbylMUaR)
Laurel Mayor Craig Moe added, "I applaud the collaboration of the Police Chief and Brekford, Corp. coming up with this innovative tool to raise public awareness and modify driver behavior when appropriate."
About Brekford Corp.
Brekford Corp. provides state-of-the art public safety technology and automated traffic enforcement solutions to municipalities, the U.S. military, various federal entities and other public safety agencies throughout the United States. Its services include automated speed and red light camera enforcement programs, parking enforcement citation collections and an end-to-end suite of technology and equipment for public safety vehicle up-fitting. Brekford's combination of up-fitting services, cutting-edge technology, and automated traffic enforcement services offers a unique 360-degree solution for law enforcement agencies and municipalities.
The Company is headquartered in Hanover, Maryland, and its common stock is traded on the OTC Bulletin Board and the OTCQB under the symbol "BFDI". Additional information on Brekford can be accessed online at www.brekford.com.
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. Words such as "anticipate," "expect," "project," "intend," "plan," "believe," "target," "aim," "should" and words and terms of similar substance and any financial projections used in connection with any discussion of future plans, strategies, objectives, actions, or events identify forward-looking statements. Forward-looking statements include, among others, those concerning our expected financial performance and strategic and operational plans, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. These statements are based on the beliefs of our management as well as assumptions made by and information currently available to us and reflect our current views concerning future events. As such, they are subject to risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, among many others: the risk that any projections, including earnings, revenues, expenses, synergies, margins or any other financial items that form the basis for management's plans and assumptions are not realized; a reduction in industry profit margin; requirements or changes affecting the business in which we are engaged; our ability to successfully implement new strategies; operating hazards; competition and the loss of key personnel; changing interpretations of generally accepted accounting principles; continued compliance with government regulations; changing legislation and regulatory environments; and the general volatility of the market prices of our securities and general economic conditions. Readers are referred to the documents filed by Brekford Corp. with the SEC, specifically the Company's most recent reports filed on Form 10-K and Forms 10-Q, which further identify important risks, trends and uncertainties which could cause actual results to differ materially from the forward-looking statements in this press release. Brekford Corp. expressly disclaims any obligation to update any forward-looking statements.
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