Prepared Response, Inc. Dramatically Increases Revenue; New Contracts for Crisis Management Company Increase Contract Revenue by 600 Percent.SEATTLE -- Prepared Response, Inc. (PRI PRI: see Institutional Revolutionary party. (Primary Rate Interface) An ISDN service that provides 23 64 Kbps B (Bearer) channels and one 64 Kbps D (Data) channel (23B+D), which is equivalent to the 24 channels of a T1 line. ), a privately held technology company, today announced a substantial increase in year-over-year revenue growth. Contracted revenue grew from $1.7 million in 2004 to $12 million in the first half of 2005, an increase of 600 percent. The dramatic rise in revenue is attributed to an increased focus on emergency preparedness following 9/11 and subsequent terrorist events and natural disasters worldwide. Prepared Response, Inc. develops crisis management software that provides police, fire, and other first responders first responder First response personnel Emergency medicine A person employed in the public sector–EMT, fire fighter, police, volunteer EMS–whose duties include provision of immediate medical care in the event of an emergency; FRs have basic emergency with critical information allowing them to more effectively mitigate a wide variety of emergency situations. The company's flagship program, Rapid Responder(TM), is currently deployed to over 288 public safety agencies and protects more than 4,000 buildings across the U.S. "The World Trade Center tragedy, the London bombings, and the recent hurricanes have driven home the importance of preparedness and a coordinated response during emergencies," said Jim Finnell, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Prepared Response, Inc. "As a result, local, state, and federal government agencies, as well as corporate America, are now looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. systems such as Rapid Responder that help save lives and mitigate property damage." The company recently completed a $3.3 million project to digitally map more than 420 Washington state high schools. The project, funded by both state and federal dollars, was managed by the Washington Association of Sheriffs and Police Chiefs (WASPC WASPC Washington Association of Sheriffs and Police Chiefs ). The company was then awarded a $3.5 million contract by WASPC to digitally map all of the states' middle and elementary schools. In September 2005, following a competitive bid process, Prepared Response was selected from among 10 competitors nationwide to develop a Critical Incident Planning and Mapping System (CIPMS CIPMS Civilian Intelligence Personnel Management System CIPMS Critical Incident Planning and Mapping System CIPMS Commission Internationales pour la Protection de la Moselle et de la Sarre ) that will catalog Washington states' critical infrastructure under a $1.4 million contract. The CIPMS system is designed to digitally map and inventory critical infrastructure such as bridges, public utilities, transportation centers, ports, and other key public infrastructure. The company also has received commitments for more than $2.43 million from schools across the U.S. that have submitted proposals for grant funding to install Rapid Responder in their facilities. In addition, the company has begun projects in the private sector, including a Fortune 100 manufacturer, a regional hospital center, a hotel, a large expo center, and a port facility. "The Prepared Response team has done an excellent job in developing innovative solutions for the rapidly growing emergency preparedness market," said John Carleton, senior vice president of Benaroya Venture Capital and chairman of the board of Prepared Response. "Life safety issues are paramount for both the government and private enterprise, and as these entities evolve their emergency preparedness and response programs, the opportunities for Prepared Response will continue to grow." About Prepared Response, Inc. Prepared Response Inc. implements crisis management planning and response systems that enable police, fire, and other emergency responders to save lives and mitigate property damage. The company's flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , Rapid Responder, runs on laptop computers, the Internet, and USB USB in full Universal Serial Bus Type of serial bus that allows peripheral devices (disks, modems, printers, digitizers, data gloves, etc.) to be easily connected to a computer. devices and allows first responders to instantly access tactical plans, floor plans, aerial, interior, and exterior photos, staging areas, hazardous materials locations, utility shut-offs, and evacuation routes for virtually any facility. The Rapid Responder system protects more than 4,000 facilities and is currently being deployed in educational facilities, public buildings, critical infrastructure, and private facilities across the U.S. The privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. , headquartered in Seattle, Washington The reason for its protection is listed on the protection policy page. , was formed in September 2000. Additional information can be found at www.preparedresponse.com or by calling 800-705-1856. |
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