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Published in House and Home on Wednesday, November 23rd 2011 at 5:05 GMT by Market Wire🞛 This publication is a summary or evaluation of another publication
ComCam Awarded New Contracts -- WEST CHESTER, Pa., Nov. 23, 2011 /PRNewswire/ --
ComCam Awarded New Contracts
WEST CHESTER, Pa., Nov. 23, 2011 /PRNewswire/ -- ComCam International, Inc. (OTC Bulletin Board: [ CMCJ ]) announced today that it has been awarded four new contracts, which more than doubles their backlog going into 2012. These contracts are to install and maintain command-and-control systems at correctional facilities throughout the USA.
ComCam CEO Don Gilbreath stated, "These new awards to our systems division give us a great start on 2012. We have also added new maintenance agreements that have increased our recurring revenue stream by 20%. On products side of our business, we are optimistic that a multi-year effort has paid off and we will be receiving initial purchase orders for the deployment of long-range thermal detection systems along the US/Mexico border. Over the last four years, our systems on the border have more than 98% up time -- the highest in the industry."
ComCam International ([ http://www.comcam.net ]) develops network video command-and-control products and provides solutions and technical services to U.S. government agencies, Fortune 500 companies, research facilities, OEM, systems integrators and dealers worldwide. The company specializes in wireless IP, mobile, and wearable devices that are ideal for remote use in inhospitable environments.
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties including technological obsolescence, market acceptance of future products, competitive market conditions, and the sufficiency of capital resources. The actual results ComCam International may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. ComCam International encourages the public to read the information provided here in conjunction with its most recent filings on Form 10-K, Form 10-Q and Form 8-K. ComCam International's public filings may be viewed at: [ http://www.comcam.net/SEC ].
Contacts:
ComCam
Pete Ianace
President
ComCam International, Inc.
Tel 972.365.4848
[ pete@comcam.net ]
Investor Relations
Jeremy Roe
Managing Partner
Integra Consulting Group LLC
Tel 925.262.8305
[ jeremy@integraconsultinggroup.com ]
SOURCE ComCam International, Inc.
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