Compudyne (NASDAQ:CDCY)
Historical Stock Chart
From Jun 2019 to Jun 2024
CompuDyne Corporation (NASDAQ:CDCY), an industry leader in sophisticated
security products, integration, and technology for the public security
markets, announced today that CompuDyne’s
public safety and justice unit, Tiburon, Inc. of Pleasanton, CA,
completed the installation of a new Computer Aided Dispatch (CAD) system
for Brevard County, FL, Fire Rescue Department. Tiburon is an
industry-leading provider of automated public safety and justice systems
to meet the demanding and complex needs of law enforcement, fire,
rescue, corrections, and justice environments.
Brevard County Fire Rescue (BCFR) replaced their existing system to take
advantage of the new functionality and technologies provided by Tiburon’s
CAD solution. Operating from 33 fire stations throughout the County,
BCFR serves the unincorporated areas of Brevard County, and the cities
of Port Canaveral, West Melbourne, Palm Shores, Melbourne Village,
Rockledge, Malabar, Melbourne Beach, and Cape Canaveral, home of the
Kennedy Space Center. The new CAD system will allow BCFR call takers and
dispatchers to respond, manage, and track emergency calls more
efficiently and provide improved response to this national landmark.
The CAD system operates on fully distributed Microsoft Windows®
workstations and provides server-independent processing of all critical
CAD functions for a reliable configuration with virtually 100% system
availability. Tiburon has successfully deployed this unique system
architecture in more than 40 city, county, and statewide public safety
communication centers across the country.
Certain statements made in this press release constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995, including those statements
concerning the Company’s expectations with
respect to future operating results and other events. Although the
Company believes it has a reasonable basis for these forward-looking
statements, these statements involve risks and uncertainties that cannot
be predicted or quantified and consequently, actual results may differ
materially from those expressed or implied by such forward-looking
statements. Factors which could cause actual results to differ from
expectations include, among others, capital spending patterns of the
security market and the demand for the Company’s
products, competitive factors and pricing pressures, changes in
legislation, regulatory requirements, government budget problems, the
Company’s ability to secure new contracts, the
ability to remain in compliance with its bank covenants, delays in
government procurement processes, inability to obtain bid, payment and
performance bonds on various of the Company’s
projects, technological change or difficulties, the ability to refinance
debt when it becomes due, product development risks, commercialization
difficulties, adverse results in litigation, the level of product
returns, the amount of remedial work needed to be performed, costs of
compliance with Sarbanes-Oxley requirements and the impact of the
failure to comply with such requirements, risks associated with internal
control weaknesses identified in complying with Section 404 of
Sarbanes-Oxley, the Company’s ability to
realize anticipated cost savings, the Company’s
ability to simplify its structure and modify its strategic objectives,
and general economic conditions. Risks inherent in the Company’s
business and with respect to future uncertainties are further described
in its other filings with the Securities Exchange Commission, such as
the Company’s Form 10-K, Form 10-Q, and Form
8-K reports.