Irving, TX – October 1, 2008 – EF Johnson Technologies, Inc. (NASDAQ: EFJI) announced today that its 3e Technologies subsidiary has been awarded a $48 million contract from the U.S. Navy. This indefinite delivery indefinite quantity, cost plus fixed price contract calls for the company to design, test and implement a Navy-wide Virtual Perimeter Monitoring System (NVPMS) in support of the U.S. Navy’s Commander, Naval Installations Command (CNIC) and the Transportation Security Administration (TSA). The company will perform based on specific task orders placed against this contract.
“Our NVPMS solution has the potential to provide naval vessels, installations, expeditionary forces and TSA sites with a broad set of monitoring, communication and surveillance tools to support physical intrusion detection, chemical and radiological attack, and other asymmetric threats to base personnel and base infrastructure,” said Michael Jalbert, president and chief executive officer of EF Johnson Technologies, Inc. “Our company has a very long and proud tradition of providing secure wireless solutions to all branches of our military, and this contract further demonstrates both our ability and commitment to develop and win military business.”
Headquartered in Irving, Texas, EF Johnson Technologies, Inc. focuses on innovating, developing and marketing the highest quality secure communications solutions to organizations whose mission is to protect and save lives. The Company’s customers include first responders in public safety and public service, the federal government, and industrial organizations. The Company’s products are marketed under the EFJohnson name and many of them are designed and manufactured in America. For more information, visit http://www.EFJohnsonTechnologies.com.
With approximately $5.0 billion of committed capital and offices in San Francisco and London, Francisco Partners is one of the world’s largest technology-focused private equity funds. The firm was founded to pursue structured investments in technology companies undergoing strategic, technological, and operational inflection points. Francisco Partners targets majority and minority investments in private companies, public companies, and divisions of public companies. The principals of Francisco Partners have a proven track record, having invested in excess of $4.0 billion of equity capital in over 50 technology companies. For additional information, visit www.franciscopartners.com.
For trade press information, contact: