SOURCE: Law Enforcement Associates

May 05, 2008 08:00 ET

Law Enforcement Associates Reports Strong Order Activity at New Surveillance Vehicle Division

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.

Contact Information

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