MELBOURNE WEST, FL / ACCESS WIRE / November 10, 2021 / BK Technologies Corporation (NYSE American: BKTI) (the “Company” or “BK”) announced today that the California Department of Forestry and Fire Protection has placed an order for 500 KNG2 series radios from BK for the purchase and deployment.
The California Department of Forestry and Fire Protection (CAL FIRE) is dedicated to fire protection and stewardship of more than 31 million acres of private California wilderness. In addition, the Department provides a variety of emergency services in 36 of the state’s 58 counties through contracts with local governments. The Department’s fire prevention program includes multiple activities, including pre-forest fire engineering, vegetation management, fire planning, education and law enforcement. Beyond its role of fighting forest fires, CAL FIRE is an “all risks” service and will send an engine and a team to the scene of a car accident; hazardous material spills; whitewater rescues; search and rescue missions; civil unrest; train wrecks; floods, earthquakes and more.
BK President Tim Vitou commented, “We are delighted to have this opportunity to continue supporting CAL FIRE’s portable communications needs with our KNG2 series radios. seen on the news, and with their vast geographic area of responsibility, including rescue and non-fire emergency services, it is essential that CAL FIRE’s communications technology be robust and reliable to ensure effective field operations and secure. The KNG2 series portable communications technology to assist CAL FIRE in its mission to maintain the safety and protection of local communities during fire emergencies as well as other situations requiring emergency response efforts. “
About BK Technologies
BK Technologies Corporation manufactures high quality, USA-made communications equipment of unmatched reliability and value for use by public safety professionals and government agencies. BK Technologies is honored to serve these heroes with reliable equipment when every moment counts. The Company’s common shares trade on the US NYSE market under the symbol “BKTI”. Headquartered in West Melbourne, Florida, BK Technologies can be contacted through its website at www.bktechnologies.com or directly at 1-800-821-2900.
This press release contains certain forward-looking statements which are made in accordance with the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to the operations, economic performance and financial condition of the Company, including, but not limited to statements regarding the realization of income from pending orders, and are largely based on the beliefs and expectations of the Company. These statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, or the results of the industry, to be materially different from the results, performance or achievements. futures expressed or implied by these forward-looking statements. statements. These factors and risks, some of which have been, and may still be, exacerbated by the COVID-19 pandemic, include, but are not limited to: technological changes or advancements; the success of our land mobile radio product line; disruption of the global supply chain crating delays, downtime and adverse conditions; successful introduction of new products and technologies, including our ability to successfully develop and sell our planned new multiband product and other related products in the planned new BKR Series product line; competition in the land mobile radio industry; general economic and business conditions, including federal, state, and local government budget deficits and spending limitations, any impact of a prolonged U.S. government shutdown, and continuing effects of the COVID-19 pandemic; the availability, conditions and deployment of capital; the use of subcontractors and suppliers; risks associated with fixed price contracts; a heavy reliance on sales to US government agencies and our ability to comply with the requirements of contracts, laws and regulations relating to such sales; allocations by government agencies among several suppliers approved under existing agreements; our ability to comply with US tax laws and to use deferred tax assets; our ability to attract and retain senior management, skilled workers and key personnel; our ability to manage our growth; our ability to identify potential candidates and to carry out acquisition, disposal or investment transactions, and the risks inherent in being a non-controlling shareholder in a company; the impact of the COVID-19 pandemic on the companies in which the Company has investments; the impact of our capital allocation strategy; risks associated with maintaining our brand and reputation; impact of government regulation; impact of rising health care costs; our activities with manufacturers located in other countries, including changes in US government and foreign government trade and pricing policies, as well as any other impact resulting from the COVID-19 pandemic; our inventories and debt levels; the protection of our intellectual property rights; fluctuations in our operating results and our share price; acts of war or terrorism, natural disasters and other catastrophic events, such as the COVID-19 pandemic; any claim for infringement; data breaches, cyber attacks and other factors impacting our technological systems; availability of adequate insurance coverage; maintaining our NYSE American listing; the risks associated with being a holding company; and the effect on our stock price and our ability to raise equity from future sales of shares of our common stock. Certain of these factors and risks, as well as other risks and uncertainties, are described in more detail in the Company’s annual report on Form 10-K for the year ended December 31, 2020, and in documents subsequently filed by the Company with the SEC. These forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update any forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements. .
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