KCI.V (news release)
King Communications International Limited
8/14/00 - Awarded US$225,000 Purchase Requisition from a US Federal Agency
KING COMMUNICATIONS INTERNATIONAL LIMITED ("KCI-V") - Awarded US$225,000 Purchase Requisition from a US Federal Agency
King Communications International Limited ("King") is pleased to announce the receipt of a third purchase requisition in the amount of US$225,000 from a US Federal Agency for Project 25 digital repeater and base station equipment. The three awards total nearly US$700,000.
King previously announced the verbal commitment for orders of C$1 million by June 30, 2000. However, due to unanticipated construction delays at some of the Federal Agency's sites, two-thirds of the verbal commitment has been deferred, possibly until late August or September. "We are very optimistic about the new system requisition, " stated Wayne Stephenson, VP of System Sales for King. "In addition to this Federal Agency, we have been working closely with numerous other agencies of the U.S. Department of the Interior with the goal of generating orders for the narrowband radio equipment in the near future. Our product development has greatly expanded during the past few months and now includes Project 25 narrowband digital mobile radios, transportable tactical repeaters, and compact desktop base stations."
Upon completion of this third requisition King will have placed 55 units with a total sales value of US$650,000 in four US states. This particular US Federal Agency has operations in all 50 US states and King is working to provide products and services in the remaining 46 states. King is the incumbent supplier as no other supplier of Project 25 products has had the opportunity to deliver to this agency.
Mr. Wayne Stephenson continued, "King has been working closely with four US federal agencies, one of the largest railroad companies in the United States, and with one of the most populated states. The entire King product line is relevant to US federal and state agencies and major corporations in their move from analogue to digital radio and wireless communications. King's personnel are highly regarded in the field, as for example, King was recently appointed to conduct product-training courses for technical services personnel of the US Bureau of Land Management, one of the largest federal agencies in the United States."
Bob Geaghan, director of King, stated, "The recent sales requisition and training appointment confirm King's stature in the multi-billion dollar APCO Project 25 analogue to digital radio communications industry in the United States."
King was one of six companies including Motorola, awarded with the authority to sell line items on the US Department of the Interior (DOI) five-year, $1 billion tender. In this regard, King was granted specific authority to sell 24 of about 100 line items. All federal government agencies have been mandated to purchase Project 25 narrowband digital radio equipment, and many are using the DOI contract as their procurement vehicle.
King's product line has expanded significantly during past months and now includes mobile radios equipped with all major transmission protocols; fixed and portable repeaters and control stations; and accessories such as mobile data terminals, automatic vehicle location systems; and global positioning systems. SmartLink switches are integrated with King's proprietary products and allow transparent and seamless wireless communication between multiple radio protocols, frequencies and sites over local and/or wide area networks. About King Communications International Limited
King develops and markets Internet based Mobile Data, AVL (Automatic Vehicle Location), and CAD (Computer Aided Dispatch) systems for digital data and radio based communications systems.
King is particularly well known for providing integrated data solutions, allowing companies to take MIS (Management Information Services) to the field. Complete systems consist of vehicular hardware, backbone communications systems, and specialized AVL/CAD software for fleets of vehicles. Applications include all forms of ground transportation such as EMS, service industry and ambulance. KCI is also capitalizing on its early success in the emerging US Federal Government APCO Project 25 market.
King's technology focus is on the integration of new and existing, analog and digital dispatch technologies with IP-based technologies. The solutions incorporate proprietary software and hardware, licensed technologies, and complementary products sourced from key suppliers including ADI Limited, Motorola, AT&T, and SmartLink Developments. King's solutions are widely acknowledged as leaders in the wireless communications industries and its systems have established excellent brand name recognition and a reputation for reliable operation. Hundreds of systems and thousands of terminals have been successfully installed and operated.
Investor Information
Headquartered in Orlando, Florida, King Communications is a publicly traded corporation whose shares are listed on the Canadian Venture Exchange (symbol: KCI). King's annual report, quarterly reports, press releases and other relevant information are available online at www.king-international.com.
Company Contact
Corporate Information For further information, please contact Bob Geaghan by telephone at (919) 518-2268 or via email at kcibob@aol.com and visit our website at www.king-international.com.
Product Information
For more information about King's APCO Project 25 product lines and radio solutions, please contact Wayne Stephenson and for mobile data/AVL information, please contact Bill Scott. They can be reached by telephone at (407) 293-1432 or via email at kingorl@aol.com. Our website is www.kingusa.com.
Bob Geaghan, Director
King Communications International Limited
Cautionary Notice: This release contains forward-looking statements reflecting King's expectations or beliefs concerning future events which could materially affect performance in the future. King cautions that these and similar statements involve risk and uncertainties and are qualified by important factors, including competitive pressures, unfavourable changes in regulatory structures, and general risks associated with business, which could cause actual results to differ materially from those in the forward looking statements. Forward-looking statements are made in the context of information available as of the date stated. King undertakes no obligations to update or revise such statements to reflect new circumstances or unanticipated events as they occur. TEL: (407) 293-1432 King Communications International Limited TEL: 1-888-321-KING FAX: (407) 293-2907 E-mail: info@king-international.com Internet: www.king-international.com
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