Digital Recorders, Inc. Announces Multiple Electronic Destination Sign System Orders; Combined Orders Total More Than $1.13 Million.Business Editors/High-Tech Writers DALLAS--(BUSINESS WIRE)--June 4, 2003 Digital Recorders, Inc. (DRI See Digital Research. ) (Nasdaq:TBUS TBUS Token Bus ), a market leader in transit, transportation and law enforcement digital communications Transmitting text, voice and video in binary form. See communications. and audio enhancement systems, announced today that its TwinVision na, Inc. (TVna) business unit received seven destination sign system orders for new vehicles - including a significant order for the Boston transit market - totaling more than $1.13 million from six existing customers that will benefit public transit fleets in six states. "The loyalty of our existing customers reflects the growing demand for TwinVision's state-of-the-art technology, our customer service quality, and the impressive breadth of our expanding order base," David L. Turney, the Company's Chairman, Chief Executive Officer and President, said. "We're especially proud that our customers continue to remain devoted to the TwinVision(R) brand." ELDORADO NATIONAL ElDorado National is a bus manufacturer owned by Thor Industries. Products
Kansas-based Eldorado National ordered TwinVision(R) amber all-LED electronic destination sign systems for a total of 34 new buses in the public transit fleets in Oakland, Calif., and Midland-Odessa, Texas. Deliveries should conclude in August 2003. GILLIG ORDER California-based Gillig Corporation ordered more than $35,000 in TwinVision(R) amber all-LED electronic destination sign systems for the public transit fleet in Sheboygan, Wis. Delivery should conclude in October 2003. MCI (1) (Media Control Interface) A high-level programming interface from Microsoft and IBM for controlling multimedia devices. It provides commands and functions to open, play and close the device. (2) (Microwave Communications Inc. ORDER Illinois-based Motor Coach Industries ordered more than $49,000 in TwinVision(R) amber all-LED electronic destination sign systems for the Potomac and Rappahannock Transportation Commission Potomac and Rappahannock Transportation Commission (PRTC) is the public transportation system in Prince William County, Virginia. Services provided by PRTC include OmniRide, OmniLink, and OmniMatch. External links
Washington, D.C. , a multi-jurisdictional agency representing Prince William and Stafford counties and the cities of Manassas, Manassas Park and Fredericksburg in Virginia. Delivery should conclude in July 2003. NABI NABI North American Bus Industries NABI Native American Basketball Invitational NABI National Amateur Bowlers Incorporated NABI National Association of Background Investigators ORDER Alabama-based North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Bus Industries, Inc., ordered TwinVision(R) amber all-LED electronic destination sign systems for 124 new buses in the Boston public transit fleet. Delivery should conclude in October 2003. ORION ORDER Canada-based Orion Bus Industries For the spaceplane from , see . Orion Bus Industries (also known as Ontario Bus Industries) is a Mississauga, Ontario, Canada-based bus manufacturer established by the government of Ontario in 1975. , a brand of DaimlerChrysler Commercial Buses North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , ordered more than $190,000 in TwinVision(R) amber all-LED electronic destination sign systems for the public transit fleet in Montgomery County Montgomery County may refer to:
SUPREME STARTRANS ORDER Indiana-based Supreme StarTrans ordered TwinVision(R) amber all-LED electronic destination sign systems for six new buses in the Richmond, Va., public transit fleet. Delivery should conclude in July 2003. ABOUT TVna BUSINESS UNIT Established in 1996, the TVna business unit designs, manufactures, sells and services electronic route destination signage systems Signage systems are visually oriented information systems, consisting of signs, maps, arrows, color codings systems, pictograms and different typographic elements. Signage systems differ from other methods of information presentation because they are typically used to guide used on transit and transportation vehicles. Its customers include operating agencies, which use transit and transportation vehicles, commercial transportation vehicle operators, and manufacturers of those vehicles. ABOUT THE COMPANY Digital Recorders, Inc. is a market leader in transit, transportation and law enforcement digital-communications and audio-enhancement systems using proprietary software applications. Our products improve the flow and mobility of people through transportation infrastructure, as well as enhance law enforcement agencies' surveillance capabilities. Our transit communications products - TwinVision(R) and Mobitec route destination signage systems, Talking Bus(R) voice announcement systems, and Internet-based, automatic vehicle monitoring systems - enhance public transportation around the globe. Our electronic surveillance tools, including microphone amplifiers and processors, countermeasures devices, speech activity detectors, and radio/television noise cancellers, help law-enforcement agencies worldwide capture, arrest and prosecute criminals. FORWARD-LOOKING STATEMENTS This press release contains "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. In particular, any statement, express or implied, concerning future events or expectations is a forward looking statement. Use of words such as "expect," "expected," "appears, "believe," "plan," "anticipate," "would," "goal," "potential," "potentially," "range," "pursuit," "run rate," "stronger" etc., is intended to identify forward-looking statements that are subject to risks and uncertainties, including those described below. There can be no assurance that any expectation implied in a forward looking statement will prove correct, or that the contemplated event or result will occur as anticipated. The risks associated with forward looking statements include, but are not limited to, product demand and market acceptance risks, the impact of competitive products and pricing, the effects of economic conditions and trade, legal, social and economic risks, such as import, licensing and trade restrictions, the results of implementing the Company's business plan, and the impact on the Company of its relationship with its lender. Refer to the Company's various Securities and Exchange Commission filings, such as its Forms 10-Q and 10-K, for further information about forward-looking statements. For More Information, Please Refer to: www.digrec.com |
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