Brekford Corp. is in the StockGuru Spotlight for August 6, 2010

DALLAS, TEXAS : StockGuru announces that Brekford Corp. (OTCBB: BFDI) is in the StockGuru Spotlight.   Brekford Corp. is a homeland security technology service provider of fully integrated vehicle installation and rugged technology and video solutions geared towards mission critical operations. For more than a decade we have provided services to branches of the U.S. military, various federal entities and numerous security and public safety agencies throughout the United States. We provide these agencies with an end-to-end suite of mobile communications, information technology, vehicle upfitting services, and automated traffic photo enforcement solutions that are designed to streamline procurement processes and offer maximum functionality to their day to day operations.

On Thursday, the company put out news announcing another profitable quarter ended June 30, 2010. For the second quarter ended June 30, 2010, the Company reported net sales totaling $3.5 million, a slight variation from the second quarter of 2009. The Company’s cash position as of the end of the second quarter of 2010 improved 38% to total $1.5 million compared to $1.1 million at the end of the second quarter of 2009, reflective of its positive net income during the past seven quarters. Operating expenses of $0.265 million were up by 8% for this quarter compared to $0.213 million for the second quarter of 2009; mainly due to the initial costs for the expansion into automated traffic enforcement business. Net income for the second quarter of 2010 totaled $8,772 compared to $189,816 for the second quarter of 2009; primarily due to start-up costs and lower gross profit margins. Gross profit for the second quarter 2010 was $0.4 million compared to $0.6 million for the second quarter of 2009.

Shares for Brekford Corp. (OTCBB: BFDI) were down during the late afternoon of trading on Thursday and closed slightly down at closing.

To view our StockGuru Spotlight on Brekford Corp. (OTCBB: BFDI), please visit: 

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The StockGuru Spotlight features stocks that we expect some action in. Generally speaking we expect a strong showing in the market based on the market, our knowledge of the stock and the buzz in the markets. Many times these will be stocks that have big news out recently, there is fresh interest in getting the word out on these stocks or we hear a buzz in our day to day contacts on these stocks. If we think it is going to move or see action, we put it in the StockGuru Spotlight.  If we are compensated for a stock in the Spotlight, it will be clearly disclosed within this Spotlight Announcement. 

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