CompuDyne's Public Safety and Justice Unit, Tiburon, Installs Computer Aided Dispatch System for the Kansas City, MO Police Department.ANNAPOLIS, Md. -- CompuDyne Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CDCY), an industry leader in sophisticated security products, integration and technology for the public security markets, completed the installation of a new Computer Aided Dispatch (CAD) system for the Police Department of Kansas City, Missouri Kansas City is the largest city in the state of Missouri. It encompasses parts of Jackson, Clay, Cass, and Platte counties and is the anchor city of the Kansas City Metropolitan Area, the second largest in Missouri, which includes counties in both Missouri and Kansas. . CompuDyne's Public Safety & Justice unit, Tiburon, is an industry-leading provider of automated public safety and justice systems which meet the demanding and complex needs of law enforcement, fire & rescue, corrections and justice environments. The new CAD system operates on fully distributed Fully distributed A new stock issue that has been completely resold to the investing public and is no longer held by dealers. fully distributed Of or relating to a new issue of securities that has been sold out. Microsoft Windows(R) workstations providing server-independent processing of all critical functions and a reliable configuration delivering system availability approaching 100%. If any component fails, the system continues to function. "The distributed architecture of the CAD system was a major factor in selecting Tiburon, and is critical in providing the system reliability demanded by public safety agencies," said Rick Brisbin, Project Manager for the city of Kansas City. The system is the second phase of an $8.6 million contract to provide new public safety systems for the city's police and fire departments. Earlier this year, Tiburon successfully installed a CAD and Records Management System (RMS) for the Kansas City Fire Department. In the case of an emergency situation that requires both police and fire response, interagency information can be electronically transferred between departments in real time. Subsequent phases of this comprehensive public safety system include a corrections management system, a police records management system and a mobile communications subsystem, comprised of mobile mapping and automated field reporting. Certain statements made in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, including those statements concerning the Company's expectations with respect to future operating results and other events. Although the Company believes it has a reasonable basis for these forward-looking statements, these statements involve risks and uncertainties that cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors which could cause actual results to differ from expectations include, among others, capital spending capital spending Spending for long-term assets such as factories, equipment, machinery, and buildings that permits the production of more goods and services in future years. patterns of the security market, competitive factors and pricing measures, regulatory requirements, the Company's ability to secure new contracts, costs related to potential acquisitions, the level of product returns, the amount of remedial work to be performed, and the risks inherent in CompuDyne's business and future uncertainties which are further described in its filings with the Securities and Exchange Commission, such as the Company's Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , Form 10-Q Form 10-Q See 10-Q. , and Form 8-K Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. reports. |
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