Brekford Corp. Receives Master Contractor Certification with Maryland Department of Information Technology
Master Contractor Approval with Six Year Base Term to Bid on Up to $57 Million in RFP’s
HANOVER, MD / CRWEPRESSRELEASE / August 21, 2015 / Brekford Corp.(OTCMKTS: BFDI), a leading public safety technology service provider of fully integrated automated traffic safety solutions, parking enforcement citation collections and an end-to-end suite of technology equipment for public safety vehicle services, today announced the company has been approved as a Master Contractor with the Maryland Department of Information Technology. Brekford, along with handful of other companies, have been selected as master contractors to bid on $57 million in contract awards over a six year term with one six year renewal option. Only approved master contractors can submit bids on Purchase Order Request for Proposals during this period.
“Receiving approval as a master contractor for Maryland’s Department of Information Technology further validates our company as a leader in our space,” commented C.B. Brechin, Chief Executive Officer of Brekford Corp. “In addition, this certification will enable us to directly bid on significant contracts in Maryland, and further bolsters our reputation as we bid on contracts in other states and around the world.”
About Maryland Department of Information Technology
The Department of Information Technology (DoIT), created by legislation signed on April 8, 2008, has policy responsibility for information technology matters across state agencies. The bill also consolidates state agency information technology functions into one department and elevates the department to a level that reports directly to the governor.
DoIT will coordinate, purchase and manage all telecommunications devices and systems utilized by state agencies. The secretary of information technology, David Garcia will lead chief information officers of all agencies to streamline business processes across state government, achieve cost-savings through economies of scale, and coordinate initiatives related to security, disaster recovery and continuity of operations.
About Brekford Corp.
Brekford Corp. provides state-of-the art public safety technology and automated traffic enforcement solutions to municipalities, the U.S. military, various federal entities and other public safety agencies throughout the United States. Its services include automated speed and red light camera enforcement programs, parking enforcement citation collections and an end-to-end suite of technology and equipment for public safety vehicle upfitting. Brekford’s combination of upfitting services, cutting-edge technology, and automated traffic enforcement services offers a unique 360-degree solution for law enforcement agencies and municipalities.
The Company is headquartered in Hanover, Maryland, and its common stock is traded on the OTC Markets under the symbol “BFDI.” Additional information on Brekford can be accessed online at www.brekford.com.
This press release contains forward-looking statements within the meaning of that term in Section 21E of the Securities Exchange Act of 1934, as amended. Words such as “anticipate,” “expect,” “project,” “intend,” “plan,” “believe,” “target,” “aim,” “should,” and words and terms of similar substance and any financial projections used in connection with any discussion of future plans, strategies, objectives, actions, or events identify forward-looking statements. Forward-looking statements include, among others, those concerning our expected financial performance and strategic and operational plans, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. These statements are based on the beliefs of our management as well as assumptions made by and information currently available to us and reflect our current views concerning future events. As such, they are subject to risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, among many others: the risk that any projections, including earnings, revenues, expenses, synergies, margins or any other financial items that form the basis for management’s plans and assumptions are not realized; a reduction in industry profit margin; requirements or changes affecting the business in which we are engaged; our ability to successfully implement new strategies; operating hazards; competition and the loss of key personnel; changing interpretations of generally accepted accounting principles; continued compliance with government regulations; changing legislation and regulatory environments; and the general volatility of the market prices of our securities and general economic conditions. Readers are referred to the documents filed by Brekford Corp. with the SEC, specifically the Company’s most recent reports filed on Form 10-K and Forms 10-Q, which further identify important risks, trends and uncertainties which could cause actual results to differ materially from the forward-looking statements in this press release. Brekford Corp. expressly disclaims any obligation to update any forward-looking statements.
C.B. Brechin, CEO
Tel (651) 653-1854
SOURCE: Brekford Corp.