Business Editors HAUPPAUGE, N.Y.--(BUSINESS WIRE)--DFTS--
Defense Technology Systems, Inc. (OTCBB: DFTS)
announced today that it has been awarded a security contract by a
Fortune 100 company. The contract involves the sales and installation
of Level 3 ballistic glass doors, security windows and ballistic
panels for walls. In addition, the company will be securing the
monitoring console for the security system. Revenue for the contract
will be recognized in the company's second quarter, ending December
31, 2004.
Dan McPhee, the Company's Chief Executive Officer, said, "We are
pleased that Defense Technology Systems is beginning to be recognized
by major companies with security needs for our security solutions and
expertise in their implementation. There is a possibility that this
contract could be expanded beyond the initial terms. As we continue to
develop our referral base with larger companies, we look forward to
greater market penetration in the rapidly growing security market
sector."
About Defense Technology Systems, Inc.
Defense Technology Systems, Inc. is a provider of data and
security solutions with two operating divisions.
The Company's Data division is a multi-regional manufacturer of
electronic cable assemblies used in providing connectivity solutions
for customers operating a wide range of data systems to include
linking or connecting standard or proprietary electronic devices and
peripheral components from different vendors to provide solutions for
various customer equipment configurations and requirements. The Data
division adds value by providing connectivity solutions, which may
also include distributed sales of passive components such as
electronic connectors, electronic wire and cable, cabinets and racks
and patch panels, and active components including hubs, bridges,
routers, gateways and modems.
The DWS Defense Systems division was created in response to
growing international security concerns. DWS offers a broad portfolio
of security-related products, including ballistic glass and associated
security systems, and the only Security Portal certified for
Ballistics and Forced Entry by the U.S. Department of State. The
highly skilled DWS Defense Systems team, working in collaboration with
its partners, will design, develop, manufacture, install and market
specialty products, equipment, and systems for the safety and security
needs of all sectors of the domestic and international marketplace.
Except for historical matters, the matters in this press release
are forward-looking statements and are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of
1995. The forward-looking statements reflect assumptions, and involve
risks and uncertainties, which might affect Defense Technology
Systems' business and prospects and cause actual results to differ
materially from these forward-looking statements, which are detailed
in the company's public filings with the SEC.
For more information on Defense Technology Systems, Inc. visit: www.dwsdefense.com and www.dataworlddirect.com.
KEYWORD: NEW YORK
INDUSTRY KEYWORD: BUILDING/CONSTRUCTION REAL ESTATE GOVERNMENT