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To: GARY P GROBBEL who wrote (2599)	9/26/2002 9:52:33 AM
From: GARY P GROBBEL	Respond to of 3054

EFJI PR running again today...price at .76/.86...big spread...I worked it out that if they only get 10% of this contract over the 5 years at a conservative profit margin of only 7% it adds up to .24 per sh per year in profits.......without any other biz added...just this contract............they are already profitable and have already gone thru their restructuring and cost cuts...margins are already picking up as demonstrated in last couple of qtrs...: (COMTEX) B: US Departments of Treasury and Justice Contract B: US Departments of Treasury and Justice Contract LINCOLN, Neb., Sep 26, 2002 /PRNewswire-FirstCall via COMTEX/ -- On September 23, 2002, EFJ, Inc. (OTC Bulletin Board: EFJI) announced in a press release that its EFJohnson Company was selected by the Department of the Treasury and the Department of Justice as one of the six companies that will share in a $3 billion joint contract award to provide new communications technology to support federal law enforcement and public safety agencies. The five-year contract is an Indefinite Delivery and Indefinite Quantity contract and covers EFJohnson Project 25 compatible radio equipment and accessories. Certain matters discussed in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other matters, federal government's customer demand for the Company's products, including its digital interoperable and SMARTNET(R)/SmartZone(R) wireless communications solutions, and the Company's future financial performance and position. These forward-looking statements are subject to certain risks and uncertainties that could cause the actual results, performance or achievements to differ materially from those expressed, suggested or implied by the forward-looking statements due to a number of risk factors including, but not limited to, the level of demand for the Company's products and services, dependence on continued funding of governmental agency programs, and other risks detailed in the Company's reports filed with the Securities and Exchange Commission, including its Annual Report on Form 10K for the year ended December 31, 2001. MAKE YOUR OPINION COUNT - Click Here tbutton.prnewswire.com SOURCE EFJ, Inc. CONTACT: Investor relations: Massoud Safavi of EFJ, Inc., +1-202-833-7752, msafavi@efji.com; or Trade press: Greg Brow of EFJohnson Company, +1-202-833-7742, grbrown@efji.com URL: efjohnson.com prnewswire.com Copyright (C) 2002 PR Newswire. All rights reserved. -0- KEYWORD: Nebraska District of Columbia INDUSTRY KEYWORD: CPR RAD TLS OTC SUBJECT CODE: CON EXE OTC * end of story *