EFJ, Inc. Announces $1.1 Million Sale
September 22 2004 - 8:00AM
PR Newswire (US)
EFJ, Inc. Announces $1.1 Million Sale Transcrypt Subsidiary
Receives Major Domestic Order WASHINGTON, Sept. 22
/PRNewswire-FirstCall/ -- EFJ, Inc. (NASDAQ:EFJI) announced that
its Transcrypt International subsidiary has received an order for
$1.1 million from a major domestic customer. The company will
provide its voice privacy products to help secure communications
within the customer's two-way radio system. "We continue to
experience strong demand for our voice security products," said
Michael E. Jalbert, chairman and chief executive officer of EFJ,
Inc. "Transcrypt provides secure communications in over 10,000
radio systems around the world and this order demonstrates our
market leadership position in voice privacy for land mobile
radios," Jalbert added. "Secure communications have become a
growing priority for two-way radio systems for various types of
users in both government and business," said Michael Kelley,
general manager of Transcrypt. "As a result, we are gaining new
customers for voice privacy products and see an opportunity to
increase market penetration among two-way radio users." 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 2,500 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.transcrypt.com/. EFJ, Inc. is the Washington, DC based
parent company to industry-leading wireless telecommunications
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. 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 information: Jim Stark of EFJ, Inc., +1-800-295-1772, ,
or Trade Press information: Jenny Christensen of Transcrypt
International, +1-402-474-4800, Web site: http://www.efji.com/
http://www.transcrypt.com/
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