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International Electronics, Inc. Awarded GSA Schedule 84 Contract.

CANTON, Mass. -- International Electronics, Inc. (IEI) (OTCBB: IEIB), a leading manufacturer of electronic access control solutions, announced that it has been awarded a GSA Schedule 84 Contract and that its products are now available on the General Services Administration Schedule.

The GSA Schedule is a government wide procurement vehicle that provides agencies with best value pricing as well as ease of procurement for a multitude of products and services. GSA Schedule 84 includes Total Solutions for Law Enforcement, Security, Facilities Management, Fire, Rescue, and related products. IEI's GSA Schedule is for a period of 5 years. Purchases by government agencies off Schedule 84 totaled $4.5 billion in 2006 with about $200 million in purchases of products in categories in which IEI will participate.

"Obtaining a GSA Schedule 84 contract enables us to significantly enhance the opportunities that are available in government accounts and will greatly strengthen our overall presence in the government market," said John Waldstein, IEI President and CEO. "With the increased focus on security and with the federal government driving the convergence of security and IT solutions, we are in an excellent position to take advantage of government opportunities. eMerge[TM], our integrated security management platform combines many features that both security managers and IT managers find beneficial. It is our intention to have dedicated resources pursue growth of our government sector business."

About International Electronics, Inc.

International Electronics, Inc. (IEI), an ISO9001:2000 certified manufacturer, designs, manufactures, markets and sells electronic access control equipment and browser-managed security platforms used in residential and commercial security systems and wireless access control and fleet management systems for industrial mobile asset applications. IEI's products include its Door-Gard[TM] and Secured Series[TM] access control lines, its LS line of integrated battery operated door locks, its eMerge[TM] browser-managed access and security management products and its line of PowerKey[TM] industrial access control and fleet management products. IEI markets its security management and access control products to leading distribution and electronic security installation companies, and its PowerKey[TM] products directly to material handling equipment users worldwide. For more information about IEI visit
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Publication:Business Wire
Date:Jan 29, 2007
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