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MDII
finance.yahoo.com Press Release Source: MDI, Inc.
MDI Receives Order to Supply Unified Security Management Solutions to Major United States Army Installation Wednesday April 11, 12:16 pm ET Order is One of Several Key Deals Highlighted in March 29, 2007 Company Announcement
SAN ANTONIO--(BUSINESS WIRE)--MDI, Inc. (NASDAQ:MDII - News), the leading manufacturer of Unified Technology(TM) solutions for the security industry today announced that its Unified Access Control and Alarm Management Platform has been chosen by a Major United States Army Installation to secure and protect critical government assets at 16 new building sites. MDI will provide the customized command and control platform for installation at the high-security project sites, which require unique intrusion detection and alarm monitoring capabilities, delivered in real-time. ADVERTISEMENT This MDI client is one of the largest and most modern military locations in the United States and is recognized as a top ranked military maneuver installation. Over 20,000 soldiers and civilian workers oversee operations there on a daily basis.
Only MDI technology is able to meet the custom-developed requirements necessary to comply with stringent base security intrusion detection guidelines. Specific details of the project, its scope, components and location information cannot be announced.
"As stated in our March 29th company announcement, this is one of two key military base projects that we were expecting to finalize this month," stated J. Collier Sparks, President and Chief Executive Officer for MDI, Inc. "We are currently in the final negotiation stages of the three remaining projects profiled in our March announcement and have added two additional large projects in the Washington, DC area to the list. We are anticipating that these projects will combine MDI products and GSS professional services to deliver a "concept to completion" solutions model that is un-matched in the industry," he concluded.
About MDI, Inc.
MDI (NASDAQ:MDII - News) manufactures security technology solutions designed to protect people, facilities and assets. These solutions are unified by ONE Technology. ONE Technology unifies security point products, systems and subsystems into a common management platform. Far beyond the Integrated Security Management software promoted by industry competitors, ONE delivers an open architecture environment that adapts each individual application and device into its platform - promoting global collaboration as ONE system. The MDI product family currently protects over 10 million alarm points across the globe for many of the world's most recognized organizations including Microsoft, MBNA Worldwide, John Deere, Pepsi, FBI, TSA, Fidelity Investments, USDA, American Express, Department of Defense, IRS, Disney, Smithsonian Institution and MIT to name a few. For more information on MDI or its diversified line of unified security products, please visit www.mdisecure.com.
Forward-Looking and Cautionary Statements
Except for historical information and discussions contained herein, certain statements included in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements included in this document, other than statements of historical fact, that address activities, events or developments that management expects, believes or anticipates will or may occur in the future are forward-looking statements. These statements represent our reasonable judgment on the future based on various factors and using numerous assumptions and are subject to known and unknown risks, uncertainties and other factors that could cause our actual results and financial position to differ materially from those contemplated by the statements. You can identify these statements by the fact that they do not relate strictly to historical or current facts. They use words such as "anticipate," "estimate," "project," "forecast," "plan," "may," "will," "should," "expect" and other words of similar meaning.
Contact: MDI, Incorporated, San Antonio Investor Relations: Richard A. Larsen, 210-582-2664 Richard.Larsen@mdisecure.com Media: Michael M. Garcia, 210-477-5400 Mike.Garcia@mdisecure.com
-------------------------------------------------------------------------------- Source: MDI, Inc.
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