Wireless Facilities, Inc., Government Network Services Division Awarded a Department of Defense Contract With Potential Value of $29.6 Million
Wireless Facilities, Inc., Government Network Services Division Awarded a Department of Defense Contract With Potential Value of $29.6 Million
May 12, 2004 at 12:00 AM EDT
Wireless Facilities, Inc., Government Network Services Division Awarded a Department of Defense Contract With Potential Value of $29.6 MillionSAN DIEGO, May 12, 2004 /PRNewswire-FirstCall via COMTEX/ -- Wireless Facilities, Inc. (WFI) (Nasdaq: WFII) a global leader in the design, deployment, integration, and management of wireless communications networks and security systems today announced today that its Government Network Services division has been awarded a contract with a potential value of $29.6 million by the Department of Defense Technical Support Working Group (TSWG) for the continued development and deployment of a Tactical Survey™ solution which is designed to help first responders in emergency situations. The TSWG is the U.S. national agency that identifies, prioritizes, and coordinates interagency and national research and development requirements for combating terrorism.
Under the terms of this two-year contract, WFI and the Tactical Survey Group, will build sophisticated facility databases that include fully spherical imagery embedded with tactical intelligence and polar navigational aids. This information will then be used with ground and aerial interactive mapping, and ingress and egress video, to build a complete database of site and location specific data which can then be accessed real time via wired or wireless network links by first responders for crisis event operations. As part of it's offering, WFI's wireless solution set can deliver real time sensor information and audio and video feeds from deployed systems that have been integrated into the Tactical Survey™ system. As each survey database is completed, WFI will conduct training for the government customer and all associated agencies that might respond to the surveyed site in the event of a crisis or emergency.
"We are proud of the Tactical Survey™ system which enhances the abilities of emergency responders, such as police, firefighters, and paramedics, to address emergencies or incidents at the mapped facilities," said Eric DeMarco, WFI's President and CEO. "We believe there are numerous opportunities for our tool to contribute to improving the speed, safety and effectiveness of the crisis response teams and look forward to continuing to deploy our technology for the benefit of first responders" DeMarco concluded.
About Wireless Facilities
Headquartered in San Diego, CA, Wireless Facilities, Inc. is an independent provider of outsourced communications and security systems engineering and integration services and other technical services for the wireless communications industry, the US government, and enterprise customers. The principal services we provide include the design, deployment, integration, and the overall management of wireless communications networks. We also provide communications systems engineering, systems integration, and the outsourcing of technical services such as operational test and evaluation and program management for the federal government and the design, deployment, and integration of security and other in-building systems including access control and intrusion detection for enterprise customers. The Company has performed work in over 100 countries since it's founding in 1994. News and information are available at www.wfinet.com.
Notice Regarding Forward-Looking Statements
This news release contains certain forward-looking statements including, without limitation, express or implied statements concerning the Company's expectations regarding future financial performance and market developments that involve risks and uncertainties. Such statements are only predictions, and the Company's actual results may differ materially. Factors that may cause the Company's results to differ include, but are not limited to: changes in the scope or timing of the Company's projects; slowdowns in telecommunications infrastructure spending in the United States and globally, which could delay network deployment and reduce demand for the Company's services; the timing, rescheduling or cancellation of significant customer contracts and agreements, or consolidation by or the loss of key customers; the adoption rate of new wireless data services; financial constraints on our customers that could cause us to write off accounts receivable or terminate contracts; failure to successfully consummate acquisitions or integrate acquired operations; changes in the Company's effective income tax rate; the rate of adoption of telecom outsourcing by network carriers and equipment suppliers; the rate of growth of adoption of WLAN and wireless security systems by enterprises; and competition in the marketplace which could reduce revenues and profit margins. The Company undertakes no obligation to update any forward-looking statements. These and other risk factors are more fully discussed in the Company's Annual Report on Form 10-K filed on March 8, 2004 and in other filings made with the Securities and Exchange Commission.
For further information, please contact: Media and Investor Relations, Rochelle Bold, Senior Vice President Corporate Development and Investor Relations of Wireless Facilities, Inc., +1-858-228-2649, rochelle.bold@wfinet.com.
If you would like to receive press releases via electronic email, please contact: http://ir.wfinet.com/phoenix.zhtml?c=97260&p=irol-Alerts&t=&id=&
For more information on Wireless Facilities, Inc. please visit our website at www.wfinet.com
SOURCE Wireless Facilities, Inc.
Media and Investor Relations, Rochelle Bold, Senior Vice President Corporate Development and Investor Relations of Wireless Facilities, Inc., +1-858-228-2649, rochelle.bold@wfinet.com
Under the terms of this two-year contract, WFI and the Tactical Survey Group, will build sophisticated facility databases that include fully spherical imagery embedded with tactical intelligence and polar navigational aids. This information will then be used with ground and aerial interactive mapping, and ingress and egress video, to build a complete database of site and location specific data which can then be accessed real time via wired or wireless network links by first responders for crisis event operations. As part of it's offering, WFI's wireless solution set can deliver real time sensor information and audio and video feeds from deployed systems that have been integrated into the Tactical Survey™ system. As each survey database is completed, WFI will conduct training for the government customer and all associated agencies that might respond to the surveyed site in the event of a crisis or emergency.
"We are proud of the Tactical Survey™ system which enhances the abilities of emergency responders, such as police, firefighters, and paramedics, to address emergencies or incidents at the mapped facilities," said Eric DeMarco, WFI's President and CEO. "We believe there are numerous opportunities for our tool to contribute to improving the speed, safety and effectiveness of the crisis response teams and look forward to continuing to deploy our technology for the benefit of first responders" DeMarco concluded.
About Wireless Facilities
Headquartered in San Diego, CA, Wireless Facilities, Inc. is an independent provider of outsourced communications and security systems engineering and integration services and other technical services for the wireless communications industry, the US government, and enterprise customers. The principal services we provide include the design, deployment, integration, and the overall management of wireless communications networks. We also provide communications systems engineering, systems integration, and the outsourcing of technical services such as operational test and evaluation and program management for the federal government and the design, deployment, and integration of security and other in-building systems including access control and intrusion detection for enterprise customers. The Company has performed work in over 100 countries since it's founding in 1994. News and information are available at www.wfinet.com.
Notice Regarding Forward-Looking Statements
This news release contains certain forward-looking statements including, without limitation, express or implied statements concerning the Company's expectations regarding future financial performance and market developments that involve risks and uncertainties. Such statements are only predictions, and the Company's actual results may differ materially. Factors that may cause the Company's results to differ include, but are not limited to: changes in the scope or timing of the Company's projects; slowdowns in telecommunications infrastructure spending in the United States and globally, which could delay network deployment and reduce demand for the Company's services; the timing, rescheduling or cancellation of significant customer contracts and agreements, or consolidation by or the loss of key customers; the adoption rate of new wireless data services; financial constraints on our customers that could cause us to write off accounts receivable or terminate contracts; failure to successfully consummate acquisitions or integrate acquired operations; changes in the Company's effective income tax rate; the rate of adoption of telecom outsourcing by network carriers and equipment suppliers; the rate of growth of adoption of WLAN and wireless security systems by enterprises; and competition in the marketplace which could reduce revenues and profit margins. The Company undertakes no obligation to update any forward-looking statements. These and other risk factors are more fully discussed in the Company's Annual Report on Form 10-K filed on March 8, 2004 and in other filings made with the Securities and Exchange Commission.
For further information, please contact: Media and Investor Relations, Rochelle Bold, Senior Vice President Corporate Development and Investor Relations of Wireless Facilities, Inc., +1-858-228-2649, rochelle.bold@wfinet.com.
If you would like to receive press releases via electronic email, please contact: http://ir.wfinet.com/phoenix.zhtml?c=97260&p=irol-Alerts&t=&id=&
For more information on Wireless Facilities, Inc. please visit our website at www.wfinet.com
SOURCE Wireless Facilities, Inc.
Media and Investor Relations, Rochelle Bold, Senior Vice President Corporate Development and Investor Relations of Wireless Facilities, Inc., +1-858-228-2649, rochelle.bold@wfinet.com