Transcrypt Signs Distribution Contract With Motorola for Asia and Oceania
July 20 2004 - 10:00AM
PR Newswire (US)
Transcrypt Signs Distribution Contract With Motorola for Asia and
Oceania WASHINGTON, July 20 /PRNewswire-FirstCall/ -- EFJ, Inc.
(NASDAQ:EFJI) announced that its Transcrypt International
subsidiary has signed a new distribution contract with Motorola's
Asia Pacific subsidiary. This agreement provides for exclusive
sales of Transcrypt's voice privacy products for Motorola radios in
33 countries throughout Asia and Oceania. "We are extremely excited
about the opportunity for Transcrypt in these regions of the
world," stated Michael E. Jalbert chairman and CEO of EFJ, Inc.
"This relationship is helping Transcrypt further expand our
worldwide presence. The majority of Transcrypt's voice security
modules are installed in Motorola radios. Transcrypt sees many new
applications for voice privacy products for Motorola radios in
these countries," added Jalbert. "This is truly significant to
Transcrypt's business," said Michael Kelley, general manager of
Transcrypt. "Motorola and Transcrypt are both leaders in their
categories, and right now two-way radios and voice security are a
hot combination. We see great opportunity to have Transcrypt's
encryption installed in many of the radios sold in these
countries." Established in 1978, Transcrypt International is a
leader in secure voice communication solutions for international,
commercial and government customers, delivering land mobile radio
security products in over 2,600 different configurations, on over
ten thousand communication systems in more than 120 countries since
1978. The company designs, manufactures, and markets information
security hardware and software that utilizes sophisticated
scrambling and encryption techniques to protect sensitive voice and
data transmissions. For more information, visit
http://www.transcryptsecure.com/. EFJ, Inc is the Washington, D.C.
parent company to industry-leading wireless telecommunications
equipment and solutions businesses. EFJ, Inc. is home to the
EFJohnson Company, one of the first developers of Project 25 mobile
communications products compliant with federal government
interoperability standards, and Transcrypt International, a leader
in secure voice communication solutions. EFJ, Inc. has a team in
place with experience in telecommunications and government sales.
EFJohnson and Transcrypt International are wholly owned
subsidiaries of EFJ, Inc. For more information, visit
http://www.efji.com/. Certain matters discussed in this press
release constitute forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. These
forward-looking statements relate to, among other matters, future
sales forecast and anticipated sales growth. These forward-looking
statements are subject to certain risks and uncertainties that
could cause the actual results, performance or achievements to
differ materially from those expressed, suggested or implied by the
forward-looking statements due to a number of risk factors
including, but not limited to, the level of demand for the
Company's products and services, the timely procurement of
necessary manufacturing components, dependence on continued funding
of governmental agency programs, and other risks detailed in the
Company's reports filed with the Securities and Exchange
Commission, including its Annual Report on Form 10-K for the year
ended December 31, 2003. The Company undertakes no obligation to
publicly update or revise any forward-looking statements, whether
as a result of new information, future events, or otherwise.
Readers are cautioned not to place undue reliance on these
forward-looking statements. DATASOURCE: EFJ, Inc. CONTACT: Investor
Relations: Jim Stark of EFJ, Inc., +1-800-295-1772, ; or Trade
Press: Jenny Christensen of Transcrypt International,
+1-402-474-4800, Web site: http://www.efji.com/
http://www.transcryptsecure.com/
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