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RELM Introduces P25 Trunking Products
WEST MELBOURNE, Fla., Sept. 29 /PRNewswire/ -- RELM Wireless Corporation (NYSE Amex: RWC) today announced the achievement of a new product development milestone for the Company; introducing the first trunked versions of its expanding KNG-line of digital P-25 radio models. Trunked units are immediately available in the VHF, UHF and 700-800 MHz frequencies. These products expand RELM's addressable market and enable it to compete for a wide range of new opportunities.
RELM President and CEO David Storey commented, "P25 trunking has been one of our prime strategic objectives for a number of years. We are delighted to introduce a broad offering of trunked portable and mobile radios in our initial launch. Trunking is a very important component of our strategic business plans. It positions RELM for growth by enabling us to compete in a large segment of the land mobile radio market that was previously beyond our capabilities. With trunking now available, our state-of-the-art KNG line gives RELM the most formidable and competitive product offerings in its history. We are looking forward to capitalizing on these advantages in the months ahead."
About APCO Project 25 (P25)
APCO Project 25 (P25), which requires interoperability among compliant equipment regardless of the manufacturer, was established by the Association of Public-Safety Communications Officials and is approved by the U.S. Department of Homeland Security. The shift toward interoperability gained momentum as a result of significant communications failures during events such as the Oklahoma City bombings, the 9/11 attacks and Hurricane Katrina. RELM was one of the first manufacturers to develop P25-compliant technology.
About RELM Wireless Corporation
As an American Manufacturer for more than 60 years, RELM Wireless Corporation has produced highspecification twoway communications equipment of unsurpassed reliability and value for use by public safety professionals and government agencies, as well as radios for use in a wide range of commercial and industrial applications. Advances include a broad new line of leading digital twoway radios compliant with APCO Project 25 specifications. RELM's products are manufactured and distributed worldwide under BK Radio and RELM brand names. The Company maintains its headquarters in West Melbourne, Florida and can be contacted through its web site at http://www.relm.com or directly at 18008212900. The Company's common stock trades on the NYSE Amex market under the symbol "RWC".
This press release contains certain forward-looking statements that are made pursuant to the "Safe Harbor" provisions of the Private Securities Litigation Reform Act Of 1995. These forward-looking statements concern the Company's operations, economic performance and financial condition and are based largely on the Company's beliefs and expectations. These statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others, the following: risks relating to the current financial crisis and adverse economic conditions; reliance on contract manufacturers; heavy reliance on sales to the U.S. Government; federal, state and local budget deficits and spending limitations; limitations in available radio spectrum for use by land mobile radios; general economic and business conditions amid the financial crisis; changes in customer preferences; competition; changes in technology; changes in business strategy; the debt and inventory levels of the Company; quality of management, business abilities and judgment of the Company's personnel; and the availability, terms and deployment of capital. Certain of these factors and risks, as well as other risks and uncertainties, are stated in more detail in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2009 and in the Company's subsequent filings with the SEC. These forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements.
SOURCE RELM Wireless Corporation
RELM Wireless Corporation
CONTACT: David P. Storey, President & CEO, RELM Wireless Corporation, +1-321-984-1414
Web Site: http://www.relm.com
RELM Introduces P25 Trunking Products
WEST MELBOURNE, Fla., Sept. 29 /PRNewswire/ -- RELM Wireless Corporation (NYSE Amex: RWC) today announced the achievement of a new product development milestone for the Company; introducing the first trunked versions of its expanding KNG-line of digital P-25 radio models. Trunked units are immediately available in the VHF, UHF and 700-800 MHz frequencies. These products expand RELM's addressable market and enable it to compete for a wide range of new opportunities.
RELM President and CEO David Storey commented, "P25 trunking has been one of our prime strategic objectives for a number of years. We are delighted to introduce a broad offering of trunked portable and mobile radios in our initial launch. Trunking is a very important component of our strategic business plans. It positions RELM for growth by enabling us to compete in a large segment of the land mobile radio market that was previously beyond our capabilities. With trunking now available, our state-of-the-art KNG line gives RELM the most formidable and competitive product offerings in its history. We are looking forward to capitalizing on these advantages in the months ahead."
About APCO Project 25 (P25)
APCO Project 25 (P25), which requires interoperability among compliant equipment regardless of the manufacturer, was established by the Association of Public-Safety Communications Officials and is approved by the U.S. Department of Homeland Security. The shift toward interoperability gained momentum as a result of significant communications failures during events such as the Oklahoma City bombings, the 9/11 attacks and Hurricane Katrina. RELM was one of the first manufacturers to develop P25-compliant technology.
About RELM Wireless Corporation
As an American Manufacturer for more than 60 years, RELM Wireless Corporation has produced highspecification twoway communications equipment of unsurpassed reliability and value for use by public safety professionals and government agencies, as well as radios for use in a wide range of commercial and industrial applications. Advances include a broad new line of leading digital twoway radios compliant with APCO Project 25 specifications. RELM's products are manufactured and distributed worldwide under BK Radio and RELM brand names. The Company maintains its headquarters in West Melbourne, Florida and can be contacted through its web site at http://www.relm.com or directly at 18008212900. The Company's common stock trades on the NYSE Amex market under the symbol "RWC".
This press release contains certain forward-looking statements that are made pursuant to the "Safe Harbor" provisions of the Private Securities Litigation Reform Act Of 1995. These forward-looking statements concern the Company's operations, economic performance and financial condition and are based largely on the Company's beliefs and expectations. These statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others, the following: risks relating to the current financial crisis and adverse economic conditions; reliance on contract manufacturers; heavy reliance on sales to the U.S. Government; federal, state and local budget deficits and spending limitations; limitations in available radio spectrum for use by land mobile radios; general economic and business conditions amid the financial crisis; changes in customer preferences; competition; changes in technology; changes in business strategy; the debt and inventory levels of the Company; quality of management, business abilities and judgment of the Company's personnel; and the availability, terms and deployment of capital. Certain of these factors and risks, as well as other risks and uncertainties, are stated in more detail in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2009 and in the Company's subsequent filings with the SEC. These forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements.
SOURCE RELM Wireless Corporation
RELM Wireless Corporation
CONTACT: David P. Storey, President & CEO, RELM Wireless Corporation, +1-321-984-1414
Web Site: http://www.relm.com