PRZOOM - /newswire/ -
Youngsville, NC, United States, 2005/08/16 - Law Enforcement Associates Corporation (AMEX: AID), a surveillance and security technology company, today announced that it has been awarded an additional $328,661.00 contract modification to an already existing order for $773,320.00..
Total Contract Value is Now $1,101,981.00
The additional award brings the total value of the existing contract to $1,101,981.00. The contract was placed by an agency of the United States Government for LEA Wireless Video Kits and will ship in the third quarter of 2005. Law Enforcement Associates currently has over $2 million in unshipped orders. Paul H .Feldman President stated, "Due to the sensitive nature of the video equipment purchased by the U.S. Government no other details of this sale will be made available"
About Law Enforcement Associates Corporation
Law Enforcement Associates, Inc. (AMEX.AID), headquartered in Youngsville, N.C., manufactures and markets a diverse line of undercover surveillance products including a complete line of audio surveillance equipment and Homeland Security Products. LEA currently markets to the Military, law enforcement, security and corrections personnel throughout the world, as well as governmental agencies, multinational corporations and non-governmental organizations. LEA has a history of enhancing security at major events including the Summer Olympics, Democratic National Convention, Super Bowl, Winter Olympic Games and Centennial First Flight Celebration and was a key security element for the 2005 US Open Golf Championship. The company's technology is also used as a prevention and detection solution at military bases, nuclear facilities, embassies, government installations, oil refineries, and United Nations and NATO locations throughout the world.
The statements in this news release contain forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve certain risks, assumptions and uncertainties, including the inability to generate and secure the necessary product sale, or the lack of acceptance of the company's products by its customers. In each case actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or modified) will not be realized.
Source: Law Enforcement Associates Corporation