Riverside County Contracts with Tiburon for an Upgrade to its $1.8 Million Records Management System
20 Marzo 2007 - 7:00AM
Business Wire
CompuDyne Corporation (NASDAQ:CDCY), an industry leader in
sophisticated security products, integration, and technology for
the public security markets, announced today that the county of
Riverside, California signed a $1.8 million contract with
CompuDyne�s public safety and justice unit, Tiburon, Inc. of
Pleasanton, CA, to provide a comprehensive upgrade to the Sheriff�s
Department Records Management System (RMS). Tiburon is an
industry-leading provider of automated public safety and justice
systems to meet the demanding and complex needs of law enforcement,
fire and rescue, corrections, and justice environments. The
Riverside County Sheriff�s Department, a client since 1996,
contracted with Tiburon to provide an upgrade to their existing
Tiburon RMS. The County wanted to take advantage of the new
hardware technology and enhanced software functionality provided by
this comprehensive upgrade. The Sheriff�s Department operates 11
main stations and other store front facilities that serve the
unincorporated areas of the county and 13 contract cities. The new
RMS will consolidate and automate records processing and criminal
investigations for the county. Law enforcement personnel will be
able to use this database to store information related to arrests,
citations, contacts, incidents, pawned property and more.
Additionally, with an interface to the county jail system, booking
information will be automatically transferred to the new RMS
providing timely, and more accurate, information to county law
enforcement personnel. The new system will also include automated
report writing capability for officers in the field. Officers will
be able to enter data directly into selected electronic forms that
replicate the County�s existing forms, which minimizes training
time and increases the speed and accuracy of incident reporting.
Work has begun on this important project for the county. 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.
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