Vislink Receives $117,000 Order from Mid-Atlantic Municipal Police Organization for Airborne Downlink Equipment
November 21 2019 - 9:30AM
Vislink Technologies, Inc. (NASDAQ: VISL) announces that it has
received an order with an approximate value of $117,000 from a
Mid-Atlantic municipal police organization for airborne downlink
equipment. The order is in addition to the recently received $3
million in new orders and order backlog amounts that were announced
on Nov. 6, 2019. The order fulfills part of a statewide project to
upgrade coverage for law enforcement operations, with the potential
for additional downlink equipment purchases to enhance the client’s
current system.
The order covers equipment used to receive
real-time, high-definition video captured from airborne units, the
TSM-2020 transport stream management system, and related components
and services. An essential part of the Vislink Airborne Video
Downlink System (AVDS), the TSM-2020 is used to collect, aggregate
and distribute video captured from a single or multiple receive
site applications. The TSM-2020 extends access to critical
situational video to an unlimited number of observers, who can view
the video over any network connection.
“A growing number of military and law
enforcement agencies are upgrading their airborne platforms to stay
current with technologies that can benefit their operations,” said
John Procacci, Vice President of Sales for Vislink Technologies.
“There is an ongoing need for reliable, robust, fully-integrated
solutions to provide ground personnel with strategic and tactical
overviews of their missions. We engineered the AVDS with precisely
these requirements in mind. We are proud to have the ongoing trust
of this client and the many others actively using our systems for
the critical work they do in and for their communities.”
About Vislink Technologies,
Inc. Vislink Technologies is a global leader in the
development and distribution of advanced communication solutions.
Driven by technical excellence that has led the industry for over
50 years, our innovative products and turnkey solutions provide
reliable connectivity in the toughest environments across the
global live production, military and government sectors. Our
solutions include high-definition communication links that reliably
capture, transmit and manage live event footage, as well as secure
video systems that support mission-critical applications. Vislink
Technologies shares are publicly traded on the NASDAQ exchange
under the ticker symbol VISL. For more information, visit
www.vislink.com.
Note on Forward-looking
Statements This press release may contain projections or
other forward-looking statements within the meaning of the Private
Securities Litigation Reform Act. These statements involve risks
and uncertainties, and actual events or results may differ
materially. Among the important factors that could cause actual
results to differ materially from those in the forward-looking
statements are the risk that our reduction in operating expenses
may impact our ability to meet our business objectives and achieve
our revenue targets and may not result in the expected improvement
in our profitability, the fact that our future growth depends in
part on further penetrating our addressable market and also growing
internationally, and we may not be successful in doing so; our
dependence on sales of certain products to generate a significant
portion of our revenue; the effect of a decrease in the sales or
change in sales mix of these products would harm our business; the
risks that an economic downturn or economic uncertainty in our key
U.S. and international markets may adversely affect demand for our
products; difficulty in accurately predicting our future customer
demand; the importance of maintaining the value and reputation of
our brand; and other factors detailed in our Annual Report on Form
10-K for the year ended December 31, 2018 and our other subsequent
filings with the Securities and Exchange Commission. These
forward-looking statements speak only as of the date hereof or as
of the date otherwise stated herein. The Company disclaims any
obligation to update these forward-looking statements.
FOR MORE INFORMATION:
Daniel Carpini 941-953-9035 daniel.carpini@vislink.com
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