SOURCE: Law Enforcement Associates

December 01, 2008 13:57 ET

Law Enforcement Associates Provides Update on Transfer to Over-the-Counter Bulletin Board

RALEIGH, NC--(Marketwire - December 1, 2008) - Law Enforcement Associates Corporation (LEA) (PINKSHEETS: LAWE), the largest U.S. developer and manufacturer of undercover surveillance equipment, today announced that pursuant to the Company's intent to transfer the listing of its common stock to the Over-The-Counter Bulletin Board, a Form 15c2-11 has been submitted with the Financial Industry Regulatory Authority (FINRA) by a member firm intending to make a market in LEA's stock. Pending FINRA's approval of submission, which the Company expects shortly, LEA's stock is being quoted on the Electronic Pink Sheets under the symbol "LAWE." The Company said it will issue a subsequent news release announcing when trading on the OTC-BB has commenced, as well as the symbol under which LEA's common stock will trade.

About Law Enforcement Associates Corporation

LEA is a leading security and surveillance technology company that manufactures and markets a diverse product line to the worldwide law enforcement, military, security and corrections markets. The company's Audio Intelligence Devices (AID) division has been serving the law enforcement sector for more than 30 years and is one of the most respected names in the surveillance equipment industry. LEA's products are used by a wide variety of government and non-governmental agencies, as well as public and private companies. These include military bases, nuclear facilities, embassies, government installations, oil refineries, United Nations and NATO locations. The company enjoys close working relationships with other prominent players in the security and surveillance industry, including Smith & Wesson, one of the world's largest manufacturers of quality firearms and firearm safety/security products. LEA's products have been used at high-profile events such as the Summer & Winter Olympics, Super Bowl, U.S. Golf Championship, and the Democratic and Republican National Conventions. Its products include the Under Vehicle Inspection System (UVIS), Smith & Wesson-branded UVIS Swift, EDK123 (Explosive Detection Kit), Bloodhound and Birddog GPS Tracking Systems, Graffiti Cam, Letter-bomb Visualizer Spray, and a wide variety of Audio & Video Surveillance Equipment. Headquartered in Raleigh, N.C., the company has been featured in many industry publications and websites. For more information, please visit www.leacorp.com.

Forward-Looking Information:

The statements in this news release contain forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995. Statements that use words such as "believe," "anticipate," "estimate," "intend," "could," "plan," "expect," "project," "predict," "forecast," "outlook," "potential," "continue," "may," "future," "can," "enhance," and "should," or the negative of these, as well as similar expressions, can be used to identify forward-looking statements. Such forward-looking statements involve certain risks, assumptions and uncertainties, including the inability to generate and secure the necessary product sales, or the lack of acceptance of the company's products by its customers. In each case actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or modified) will not be realized.

Contact Information

  • CONTACT:
    Pfeiffer High Investor Relations, Inc.
    Geoff High
    303-393-7044