Brekford Corp. (OTCQB: BFDI) This is what makes BFDI a big deal right now.
Traffic Enforcement and Automatic Traffic Safety Solutions represents a win-win situation. In terms of investor opportunity, BFDI presents a win-win situation as well.
Brekford’s new division focused on Automated Traffic Enforcement is attractive to municipalities searching for additional revenue. Beckford provides turn-key (violator funded programs) by which municipalities are witnessing positive cash flow without unduly taxing its law abiding residents.
- Management team with the experience and expertise to create value for shareholders
- Proven ability to establish and execute an economically viable business plan
- Existing brand and company image
- Organized and motivated employees
- Products and Services delivered in a timely and cost-efficient a manner
- Market demand with exponential market growth potential
Industry Outlook Favors Brekford Value Proposition
Brekford was at the right place at the right time. As Automated Traffic Solutions become the hot ticket item for law enforcement.
Redflex Holdings is a traffic safety camera company that was bought in late February 2011. Carlyle and Macquarie acquired all of the ordinary shares in for a 20.5% premium to the company’s last traded price on 18 February 2011. Redflex is headquartered in South Melbourne, Australia, but is predominantly based in the USA where approximately 75% of the group’s revenue is generated.
Automated Traffic Enforcement represents an industry in an expansion and growth mode. Automated Traffic Enforcement conserves police resources that can be better used for crime-fighting.
Red-light cameras are saving lives even as they make millions in revenue, according to the first definitive study of the subject released by the Insurance Institute for Highway Safety in February 2011. The study found that if cameras had been in use in all cities with populations above 200,000, 815 lives would be saved.
The Insurance Institute of Highway Safety research indicates red light cameras saved 159 lives in 2004-08 in 14 of the biggest U.S. cities. Further, had cameras been operating during that period in all large cities, a total of 815 deaths would have been prevented. The report looked at 14 cities that had camera programs from 2004 to 2008 and compared their accident rates with those of 48 cities that did not have cameras during the same period. The institute used police reports gathered by the federal government to analyze intersection mayhem. The 2.2 million intersection crashes recorded in 2009 made up about 41 percent of all accidents. They resulted in 81,112 serious injuries and 7,358 deaths.
Police established red-light running as the cause of 676 deaths and 113,000 injuries. The vast majority of the people who died – 64 percent – were not driving the vehicle that ran the light. They were passengers, other drivers, pedestrians and cyclists.
Brekford Builds on Decade Long Relationships in Hottest Law Enforcement Focus
Automated Traffic Enforcement and Automatic Traffic Safety Solutions
Brekford has the winning combination you look for in an emerging company.
Read more this weekend – and you will be convinced this is exactly where you want to be.
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This 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.
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