Technical Communications Corporation Announces orders valued at $2.7 Million to Secure Military Communications
28 Maio 2019 - 6:15PM
Technical Communications Corporation (NasdaqCM: TCCO) today
announced that it received orders valued at $2.7 million from ADS,
Inc. for the company’s DSP9000 and HSE6000 encryption systems,
training and support. These orders are in support of a foreign
military sales contract between the U.S. government and a Middle
Eastern government. Delivery of the equipment and training
services is expected to occur over the next six months.
Carl H. Guild Jr., President and CEO of
Technical Communications Corporation, commented, “We are pleased
that our customer has selected TCC systems to secure its military
communications network. We believe the combination of our quality
systems, commitment to meeting unique requirements, and full
lifecycle services have fostered this longstanding relationship. We
also expect follow-on sales as our customer continues to expand its
network.”
About Technical Communications
CorporationFor over 50 years, TCC has specialized in
superior-grade secure communications systems and customized
solutions, supporting our CipherONE® best-in-class criteria,
to protect highly sensitive voice, data and video transmitted over
a wide range of networks. Government entities, military agencies
and corporate enterprises in 115 countries have selected TCC's
proven security to protect their communications. Learn
more: www.tccsecure.com.
Statements made in this press release or as may
otherwise be incorporated by reference herein constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements include but are not limited to statements regarding
anticipated operating results, future earnings, and the ability to
achieve growth and profitability. Such forward-looking statements
involve known and unknown risks, uncertainties and other factors,
including but not limited to the effect of foreign political
unrest; domestic and foreign government policies and economic
conditions; future changes in export laws or regulations; changes
in technology; the ability to hire, retain and motivate technical,
management and sales personnel; the risks associated with the
technical feasibility and market acceptance of new products;
changes in telecommunications protocols; the effects of changing
costs, exchange rates and interest rates; and the Company's ability
to secure adequate capital resources. Such risks, uncertainties and
other factors could cause the actual results, performance or
achievements of the Company, or industry results, to be materially
different from any future results, performance or achievements
expressed or implied by such forward-looking statements. For a more
detailed discussion of the risks facing the Company, see the
Company’s filings with the Securities and Exchange Commission,
including the “Risk Factors” section included therein (as the same
may be amended from time to time).
Michael P. MaloneChief Financial Officer(978)
287-5100www.tccsecure.com
Technical Communications (NASDAQ:TCCO)
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