SOURCE: Sutron Corporation

Sutron Corporation

December 04, 2014 10:21 ET

Sutron Corporation Announces Contracts and Purchase Orders Totaling $2,432,015 for November

STERLING, VA--(Marketwired - Dec 4, 2014) -  Sutron Corporation (NASDAQ: STRN), a global leader in hydrological, meteorological, air quality and oceanic monitoring products, systems, software and services, is pleased to announce we have received purchase orders from international and government organizations during the month of November.

Two purchase orders from the U. S. Geological Survey for Sutron hydrological monitoring equipment and for dam safety monitoring in Kentucky total $877,611. 

Several purchase orders for our LEADS® comprehensive weather information systems software, data and services equaling $863,385 were awarded to Sutron including one for $213,261 for a fire weather software system for the country of Brunei and another for a $456,638 purchase of licenses for Sutron's Enhanced Softcopy Mapping System (ESMS). ESMS provides high-speed, accurate mapping solutions and is usually installed as embedded software within the users system. Due to ESMS's speed and high resolution, the United States Air Force has over 1,000 active licenses used to support multiple weapon systems such as the Global Hawk. 

A purchase order from the City of Austin, Texas for $191,600 for data loggers and other flood monitoring equipment and services and a $145,753 purchase order for a project in Jordan to monitor rainfall and groundwater were also received. The balance of other bookings were primarily for Sutron software, data and services for existing customers. 

Safe Harbor Statement

The statements in this press release that relate to future plans, events or performance are "forward-looking statements" within the meaning of the Private Securities Litigation Act of 1995. Forward-looking statements include without limitation any statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "should" and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements, including the risks of integration of acquired assets and operations and customer retention Factors that may cause actual results to differ materially from those in the forward-looking statements include those set forth in our filings with the SEC, including the disclosure under the heading "Business" and "Management's Discussion and Analysis" in the Company's Annual Report on Form 10-K filed on March 28, 2012. We are under no obligation to update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

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