Contact Information: CONTACT: Pfeiffer High Investor Relations, Inc. Geoff High 303-393-7044
Law Enforcement Associates Reports Strong Order Activity at New Surveillance Vehicle Division
| Source: Law Enforcement Associates
YOUNGSVILLE, NC--(Marketwire - May 5, 2008) - Law Enforcement Associates Corporation
(LEA) (AMEX : AID ), the largest U.S. developer and manufacturer of
undercover surveillance equipment, today announced that its new
surveillance vehicle division has received approximately $300,000 in orders
since the business was acquired in October 2007.
The orders, which include turnkey contracts for new surveillance vehicles,
as well as retrofit installations on previously purchased undercover vans,
have come from a variety of local, state and federal law enforcement
agencies. The vehicles are typically equipped with sophisticated 360-degree
listening devices, high-performance camera systems and a variety of
additional surveillance features.
LEA acquired select assets of Advanced Vehicle Systems LLC (AVS) in the
fourth quarter last year. The assets at one time were part of the
surveillance vehicle business of Audio Intelligence Devices (AID). LEA
acquired certain assets of AID in 2004, however, the surveillance vehicle
assets were not included, and were subsequently operated under the AVS
name.
"We are encouraged by the success we have had revitalizing this once
thriving business," said Paul Feldman, president of LEA. "In addition to
adding several new customers, we are re-connecting with a variety of past
buyers who are operating older vehicles with legacy surveillance equipment.
We have made major advancements with our surveillance technologies in
recent years, and believe there is an opportunity to capture a significant
amount of retrofit and upgrade business. We estimate there are more than
500 of the original AID vans currently operating in domestic and
international markets."
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, such as Smith
& Wesson (NASDAQ : SWHC ), one of the world's largest manufacturers of
quality firearms and firearm safety/security products; and FLIR Systems,
Inc., a world leader in the design, manufacture and marketing of thermal
imaging and stabilized camera systems. 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 Youngsville, 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.