HANOVER, Md., July 11, 2011 (GLOBE NEWSWIRE) -- Brekford Corp. (OTCBB:BFDI) ("Brekford" or "Company"), a leading homeland technology service provider of fully integrated vehicle installation services, rugged mobile technology solutions, and automated traffic safety enforcement solutions announced today the signing of a multi-year contract to provide Fairmount Heights, Maryland with School Zone Speed Cameras and related program support services.
Terms of the contract state two (2) years of service with three (3) additional years renewable upon mutual accord and include the installation of both portable and mobile cameras in designated school zones. For the first 30 days, Fairmount Heights Police Department will use the speed cameras to issue warning notices to vehicles exceeding the speed limit by 12 miles per hour or more over the posted speed. After the initial 30-day period drivers captured speeding will then be issued a citation.
Maurice Nelson, Managing Director of Brekford stated, "As market research continues to support the positive effects of automated traffic enforcement we believe that the precautions and diligence that we exercise with each of the municipalities we serve will continue to fuel our ongoing expansion."
According to the Insurance Institute for Highway Safety, in 2010 a review of 28 studies into the impact of speed enforcement technology found that injury and fatal crashes fell as much as 60 percent in areas with speed cameras. The cost to U.S. municipalities from speed-related crashes, as reported by the National Highway Safety Administration, is over $40 billion annually.
Fairmount Heights Mayor Lillie Thompson-Martin stated, "Today our community has taken an important step toward the safety of our children and pedestrians. We believe this technology will contribute heavily to our resource allocation and overall public safety concerns in the coming years."
CEO for the Company, C.B. Brechin, added "Our conjunctive implementation of recently engaged programs while securing new long-term contracts we believe validates our focus on sustained growth and shareholder value."
About BREKFORD
For over a decade, Brekford has been providing services to the U.S. military, various federal entities and numerous security and public safety agencies throughout the United States with an end-to-end suite of mobile computer and video technology, vehicle upfitting services, and automated traffic safety solutions. Brekford is a one-stop shop with its unique 360-degree approach to vehicle upfitting services, cutting edge mobile and video technology, and automated traffic enforcement services for homeland security and law enforcement agencies. Additional information about Brekford may be found online at http://www.globenewswire.com/newsroom/ctr?d=177297&l=11&a=www.brekford.com&u=http://www.brekford.com">www.brekford.com
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Forward-Looking Statements
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 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 risks, trends and uncertainties which could cause actual results to differ materially from the forward-looking statements in this press release. The Company expressly disclaims any obligation to update any forward-looking statements.