Message #38 From:
NewsBot Date: October 3, 2005 02:20:00 AM
AID News Law Enforcement Associates Announces a 62% Sales Increase for the First Nine Months of 2005 over the Same Period of 2004: Year to Date Revenues Climb to over $7.2 Million
YOUNGSVILLE, N.C.--(BUSINESS WIRE)--Oct. 3, 2005--Law Enforcement Associates Corporation (AMEX:AID), a leading surveillance and security technology company which manufactures and markets products globally to the law enforcement, military, security and corrections markets, reported today that the revenues for the first three quarters of 2005 are approximately $7.2 million as opposed to revenues of approximately $ 4.45 million for the same period of 2004.
Paul Feldman, President of Law Enforcement Associates stated, "Law Enforcement Associates is continuing to have very good sales and we expect this trend to continue into the fourth quarter. We believe that Law Enforcement Associates will have a profitable third quarter and year in 2005."
LEA (AMEX: AID), is a leading security and surveillance technology company which manufactures and markets diverse products globally to law enforcement, military, security and corrections markets. Its products are used by a wide variety of government and non-governmental agencies, and public and private companies. These include military bases, nuclear facilities, embassies, government installations, oil refineries, United Nations and NATO locations; they are also used at high profile events such as the Summer & Winter Olympics, Super Bowl, US Golf Championship, and the Democratic& Republican National Conventions. Its products include the Under Vehicle Inspection System (UVIS), EDK123 (Explosive Detection Kit), Stun Pistol, Bloodhound GPS Tracking System, Letter bomb Visualizer Spray, and a wide variety of Audio & Video Surveillance Equipment. Headquartered in Youngsville, N.C., the Company has been featured in many industry publications and websites. For more information on LEA, visit www.leacorp.com.
Forward-Looking Information:
The statements in this news release contain forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve certain risks, assumptions and uncertainties, including the inability to generate and secure the necessary product sale, or the lack of acceptance of the company's products by its customers. In each case actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or modified) will not be realized.
