SOURCE: Blow and Drive Interlock Corporation

Blow and Drive Interlock Corporation

October 20, 2016 08:40 ET

Blow & Drive (BDIC) Announces 342 New BDI 747's Completed & Ready for Deployment Today

LOS ANGELES, CA--(Marketwired - Oct 20, 2016) - Blow and Drive Interlock Corporation (OTCQB: BDIC) An Offender Monitoring and Police Grade Alcohol Detection Device Manufacturing and Distribution Company is pleased to announce it has 342 new and additional BDI 747 Breath Alcohol Ignition Interlock Devices (BAIID) built and being readied at BDIC's Los Angeles facility.

"These 342 new BDI 747 units bring our total number to approximately 950 units," said Laurence Wainer, CEO of BDIC. "An additional 158 units that are currently being assembled and are expected to be ready at BDIC's Los Angeles facility within the next 30 days. Demand is continuing to outpace BDIC's ability to create and provide supply of its BDI 747 BAIID. We will attempt to lease the entirety of these units of inventory as quickly as we can."

The company maintains that its business is primed and it actively scaling its revenues. "Management has been very wise with regard to setting up our operational infrastructure in a manner where we can now scale with minimal additional infrastructure investment," said Abraham Summers, CFO of BDIC. "We are currently revising our profitability forecasts because we are already surpassing of our previous profitability expectations."

This report may contain certain forward-looking statements and information. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of mentioned company to be materially different from the statements made herein.

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