Brekford Corp. (OTCBB: BFDI) New Contracts from Municipalities Mean New Revenue This Quarter

Brekford Corp. (OTCBB: BFDI) New Contracts from Municipalities Mean New Revenue This Quarter

Brekford Corp. Website

Brekford Corp. (OTCBB: BFDI) continues in its core business, the business that has created solid relationships and foundations for a decade, to fully integrated vehicle upfitting services, rugged information technology and automated traffic photo enforcement solutions geared towards mission critical operations.

Brekford has been awarded automatic traffic enforcement contracts by several municipalities during the past several months and the implementation of these contracts is anticipated to bring added revenues and profitability to the Company beginning this quarter.

This business is the foundation for the new revenue stream from:

  • Automated Traffic Enforcement and
  • Automatic Traffic Safety Solutions

Brekford Builds on Decade Long Relationships in Hottest Law Enforcement Focus
Automated Traffic Enforcement
and Automatic Traffic Safety Solutions

For ten years Brekford’s established relationships which created an excellent reputation as the One-Stop solution continues to expand in addition to the ‘hot’ technological focus of Automated Traffic Enforcement and Automatic Traffic Safety Solutions.

The Brekford Systems:

  • Turn-key packages.
  • Provided with COPS2000® violations processing system.
  • Non-intrusive laser or RADAR based detection systems require no road cutting.
  • Proven red light and speed camera solutions.
  • Most customizable solutions in the industry.

U.S. Marketscape

What you quickly realized when reading the numbers and statistics, is that this is the way of the future, the direction for law enforcement.  When ever any product makes good financial sense for all involved, and saves lives, you KNOW this is a winner.  You also know, that sliding through those yellow lights, speeding when no one is looking, is most likely a think of the distant past.

  • Red Light 20,000-30,000 systems
  • Speed 35,000-50,000 systems

Industry Market Penetration

  • Red Light 18%
  • Speed 2%

States That Have Adopted Legislation Authorizing Automated Traffic Enforcement

Red Light

  • Alabama, Arizona, California, Colorado, Delaware, DC, Florida, Georgia, Illinois, Iowa, Louisiana, Maryland, Missouri, New York, New Jersey, North Carolina, Nevada, New Mexico, Ohio, Oregon, Pennsylvania, Rhode Island, South Dakota, Tennessee, Texas, Utah, Virginia, Washington

Speed

  • Arizona, Colorado, DC, Illinois, Iowa, Louisiana, Maryland, Oregon, Tennessee, Utah, Washington

Photo Enforcement solutions can reduce collisions, injuries and deaths by providing a useful tool for municipalities and law enforcement agencies – without unduly taxing drivers who do not break the law. Today, nearly 450 communities across the US operate red light or speed camera enforcement programs.

Get ready for the new world of traffic enforcement, and while it may cost you a few tickets, it will also save lives.  Investing in this new technological direction makes good sense.  It might help pay for a few of those tickets, down the road!

Contact:

investors@brekford.com

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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