First 4 Cameras Begin Live Enforcement Operations Today
HANOVER, MD / ACCESSWIRE / April 13, 2016 / Brekford Corp. (OTCQX: BFDI), a leading public safety and security technology service provider of automated traffic safety enforcement ("ATSE") solutions, parking enforcement solutions, and an end-to-end suite of technology equipment for public safety vehicle services, announced today that red light enforcement operations began in New Rochelle, New York.
An initial set of four cameras went live today, after several weeks of preparation and testing in conjunction with the City's public awareness campaign. Under the terms of the 3-year contract with New Rochelle, Brekford will perform complete turnkey processing services, including violation capture, citation issuance, payment processing, and adjudication support. The Company will receive 35% of each collected $50 fine.
The program is designed to prevent accidents and injuries caused by red light running, which affects both drivers and pedestrians at busy intersections within the City. Violations are captured and processed by Brekford's iP360 citation management system, then mailed to registered vehicle owners after verification and approval by the New Rochelle Police Department. New Rochelle is authorized by New York State Law to install red light systems at the approaches to 12 intersections, with a potential total of 30 cameras during the life of the contract. Brekford will work closely with the City in the coming months as they prioritize locations for future installs.
Rod Hillman, President and COO of Brekford, said, "We are excited to support the City of New Rochelle in operating a highly efficient and transparent ATSE program intended to reduce accidents and save lives. With our latest generation of non-intrusive red light cameras, our highly acclaimed iP360 citation management system, and our turnkey program support services, we are confident that New Rochelle will be pleased with the safety benefits. We are seeing increased interest across the U.S. and in Latin America in our ATSE solutions, which have unique capabilities to maximize violation capture rates. Our latest generation of red light and speed cameras offer stand-alone operation with solar/battery power, wireless violation transfer, remote configuration, and remote monitoring. We have also developed a specialized distracted driving camera that captures cell phone and seat belt usage violations, and we expect initial systems to be deployed in Mexico in the third quarter of this year."
Hillman added, "Brekford continues to emphasize our foundation as a public safety solutions provider. Our ATSE systems are developed by Brekford engineers and manufactured in the U.S., which translates to continuous technology enhancements and lower costs for our customers."
About Brekford Corp.
Brekford Corp. provides state-of-the art public safety technology and automated traffic enforcement solutions to municipalities, the U.S. military, various federal entities and other public safety agencies throughout the United States. Its services include automated speed and red light camera enforcement programs, parking enforcement solutions and an end-to-end suite of technology and equipment for public safety vehicle upfitting. Brekford's combination of upfitting services, cutting-edge technology, and automated traffic enforcement services offers a unique 360-degree solution for law enforcement agencies and municipalities.
The Company is headquartered in Hanover, Maryland, and its common stock is traded on the OTC Markets under the symbol "BFDI." Additional information on Brekford can be accessed online at www.brekford.com.
This press release contains forward-looking statements within the meaning of that term in Section 21E of the Securities Exchange Act of 1934, as amended. Words such as "anticipate," "expect," "project," "intend," "plan," "believe," "target," "aim," "should," and words and terms of similar substance and any financial projections used in connection with any discussion of future plans, strategies, objectives, actions, or events identify forward-looking statements. Forward-looking statements include, among others, those concerning our expected financial performance and strategic and operational plans, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. These statements are based on the beliefs of our management as well as assumptions made by and information currently available to us and reflect our current views concerning future events. As such, they are subject to risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, among many others: the risk that any projections, including earnings, revenues, expenses, synergies, margins or any other financial items that form the basis for management's plans and assumptions are not realized; a reduction in industry profit margin; requirements or changes affecting the business in which we are engaged; our ability to successfully implement new strategies; operating hazards; competition and the loss of key personnel; changing interpretations of generally accepted accounting principles; continued compliance with government regulations; changing legislation and regulatory environments; and the general volatility of the market prices of our securities and general economic conditions. Readers are referred to the documents filed by Brekford Corp. with the SEC, specifically the Company's most recent reports filed on Form 10-K and Forms 10-Q, which further identify important risks, trends and uncertainties which could cause actual results to differ materially from the forward-looking statements in this press release. Brekford Corp. expressly disclaims any obligation to update any forward-looking statements.
C. B. Brechin, CEO
SOURCE: Brekford Corp.