TVI Corporation Awarded U.S. Army Contract for its Infrared Raised Angle Marking Systems.IRAMS IRAMS Infrared Automatic Mass Screening (electronic circuit board fault screening) IRAMS Interim Rapid Assembly Munitions System Will Support Training and Operational Exercises for Future Deployments GLENN DALE, Md. -- TVI TVI Televisão Independente (Portuguese TV Channel) TVI Technical Vocational Institute (Albuquerque) TVI Teacher of the Visually Impaired TVI Television Interference TVI Tutored Video Instruction 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 : TVIN TVIN Thames Valley Investment Network (UK) ), a global supplier of first receiver and first responder 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 products and provider of event shelter and equipment rentals, announced it has been awarded a contract valued at more than $300,000 for its Infrared Raised Angle Marking Systems (IRAMS) from the U.S. Army. Apache aviation units from Fort Hood, Hunter Army Airfield Hunter Army Airfield (IATA: SVN, ICAO: KSVN), along with Fort Stewart, is a military complex located near Savannah, Georgia, United States. It is the home of the 3rd Infantry Division of the United States Army. and the Arizona National Guard The Arizona National Guard consists of the:
• • will receive TVI's IRAMS panel systems in support of training and operational exercises for future deployments. IRAMS technology consists of a series of infrared signaling panels that can be viewed by the thermal imaging/FLIR and night vision systems of the Apache helicopter. It aids in helicopter landings at Forward Arming and Refueling Points (FARPs) by providing increased visibility without the use of visible light during challenging weather or nighttime conditions, helping to reduce the risk of accidents while increasing mission success. "Our IRAMS product line fits squarely with the military's objective of minimizing hazardous conditions for its personnel," said Richard V. Priddy, TVI 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. . "IRAMS are ideal for hostile and difficult landing environments. For instance, helicopters landing in desert locations can experience dangerous brownout A lowering of AC power voltage for some period of time. Brownouts can be very harmful to electronic equipment if sustained for long periods. Brownouts can cause flickering or a dimming on screen, and the computer may experience intermittent problems as a result. See blackout. conditions when its rotor blades kick up clouds of dust and sand. Our IRAMS helps ensure the safety of pilots and crew by providing an infrared signature that can be viewed far more effectively than conventional lighting, particularly in situations that result in poor visibility." TVI's IRAMS product family is comprised of three different functional systems, including the FARP FARP Forward Arming and Refueling Point (USMC) FARP Fantasy Art Resource Project (Elfwood science fiction and fantasy art and fiction) FARP Forward Area Refueling Point (US DoD) Signaling Panel System for marking up to eight landing zones, the Inverted inverted reverse in position, direction or order. inverted L block a pattern of local filtration anesthesia commonly used in laparotomy in the ox. Y/Hazard Marking System for communicating the directional approach for landing, and the Apache Boresight Panel System used to boresight the Apache helicopter. "This latest IRAMS contract reflects our strong and longstanding relationship with the U.S. military," said Priddy. "TVI anticipates continued growth in the IRAMS family of products as more Apache aviation crews train on the equipment at Fort Hood. We also see additional growth opportunities with other aviation units within the U.S. Army and Marine Corps." About TVI Corporation TVI Corporation, located in Glenn Dale, Maryland
Glenn Dale is a census-designated place (CDP) in Prince George's County, Maryland, United States. The population was 12,609 at the 2000 census. , is a global supplier of first receiver and first responder products. These products include shelters, personal protection equipment and other products for homeland security, hospitals, the military, police and fire departments, and public health agencies. The Company designs, fabricates and markets products and systems both through distributors and directly to end-users and OEMs. Through its recently acquired Signature Special Event Services business, TVI is now the leading full-service shelter and event equipment rental company serving the corporate, sporting, social, and government and defense industries. The TVI designation is a trademark of TVI Corporation. All other company and product names mentioned above are trade names and/or trademarks of their respective owners. For more information concerning TVI, please visit the Company at: www.tvicorp.com. This reference to the TVI website is an active textual reference and the contents of the site are not part of this press release. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement under 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 Information contained in this press release constitutes forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and involves expectations, beliefs, plans, intentions or strategies regarding the future. These statements may be identified by the use of forward-looking words or phrases such as "should", "anticipates", "believes", "expects", "might result", "estimates" and others. These forward-looking statements involve risks and uncertainties and are not guarantees of future performance, as actual results could differ materially from our current expectations. Such risks and uncertainties include achieving order and sales levels to fulfill our revenue expectations; expected costs or charges, certain of which may be outside our control; the time and costs involved in the research, development, marketing and promotion for our products; the possible cancellation or non-fulfillment of existing orders or distributor commitments for our products; our ability to respond to customer needs and other changes in the counter-terrorism, military, public safety and first responder and first receiver communities; our ability to maintain and manage our growth; difficulties in integrating the operations, technologies and products of any businesses we have acquired and may acquire; general economic and business conditions; adverse changes in governmental regulations; the possibility that our products contain unknown defects that could result in product liability claims; and competitive factors in our markets and industry generally. Numerous other factors could cause or contribute to such differences, including, but not limited to, those set forth in the Company's Annual Report to Stockholders, periodic reports, registration statements and other filings made with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as to the date of this press release. We assume no obligation to update any such forward-looking statements, whether as a result of new information, future events or otherwise. |
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