MDI Announces Contract With Wake County Government in North Carolina
SAN ANTONIO, Texas – MDI, Inc. (NASDAQ: MDII), the leading provider of Unified Technology™ solutions for the security industry today announced that it has received a purchase order to provide products, engineering services and technical solutions for integrated access control and alarm management at 60 critical locations within the Wake County Government in North Carolina. At the customer’s request, the value of the contract will remain undisclosed. “We stated on March 29, 2007 that we expected to close four key deals in April related to our traditional MDI Security Systems products business. I am happy to announce that we have finalized orders on one of these contracts already and we expect to immediately begin providing the equipment and professional services required for the installation of this state-of-the-art security system. With the approval of our clients, we will strive to keep our stakeholders advised as we close key sales and business development transactions in the future,” stated J. Collier Sparks, President and CEO of MDI. Wake County competitively bid its most recent phase of electronic security expansion in the 1st quarter of 2007. Wake County chose the upgrade based on MDI’s long term service to Wake County (since 1990), its ability to sustain a high end multi-server security system (28,000 card holders), and its ability to provide corporate and detention solutions that share enrollment while safeguarding access boundaries. MDI is an access control and alarm management solution for Wake County’s corporate security. The system is use extensively for Court and Corporate duress and dispatching, from Wake County’s Security Center, and is integrated with voice and video systems. The Client relies on real-time physical access, scheduling and location validation for key personnel across county government facilities. Wake uses MDI as a secondary detention access and alarm monitoring system, including a system wide Guard-tour solution spanning three Detention facilities. The client was able to customize capabilities within the system to meet their specific needs, versus relying on “off the shelf” integrated systems that are not capable of customizing beyond their core feature-set. With the MDI solution, the customer maintains its unique “one card system”, across all county facilities, that is capable of granting access to credentialed personnel at any facility within the county government system, including photo verification, regardless of enrollment location or originating group. About MDI, Inc. MDI (NASDAQ: MDII) manufactures security technology solutions designed to protect people, facilities and assets. These solutions are unified by ONE Technology. ONE Technology unifies security point products, systems and subsystems into a common management platform. Far beyond the Integrated Security Management software promoted by industry competitors, ONE delivers an open architecture environment that adapts each individual application and device into its platform - promoting global collaboration as ONE system. The MDI product family currently protects over 8 million alarm points across the globe for many of the world’s most recognized organizations including Microsoft, MBNA Worldwide, John Deere, Pepsi, FBI, TSA, Fidelity Investments, Bureau of Engraving & Printing, American Express, Department of Defense, IRS, Disney, Smithsonian Institution and MIT to name a few. For more information on MDI or its diversified line of security products, please visit www.mdisecure.com.For more information contact: Richard A. Larsen, Investor RelationsMDI, IncorporatedPhone: (210) 582.2664Email: Richard.Larsen@mdisecure.comMichael M. Garcia, MediaMDI, IncorporatedPhone: (210) 477.5400Email: Mike.Garcia@mdisecure.comForward-Looking and Cautionary StatementsExcept for historical information and discussions contained herein, certain statements included in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements included in this document, other than statements of historical fact, that address activities, events or developments that management expects, believes or anticipates will or may occur in the future are forward-looking statements. These statements represent our reasonable judgment on the future based on various factors and using numerous assumptions and are subject to known and unknown risks, uncertainties and other factors that could cause our actual results and financial position to differ materially from those contemplated by the statements. You canentify these statements by the fact that they do not relate strictly to historical or current facts. They use words such as “anticipate,” “estimate,” “project,” “forecast,” “plan,” “may,” “will,” “should,” “expect” and other words of similar meaning. Investors should not rely on forward looking statements because they are subject to a variety of risks and uncertainties and other factors that could cause actual results to differ materially from the Company’s expectation. Additional information concerning risk factors is contained from time to time in the Company’s SEC filings. The Company expressly disclaims any obligation to update the information contained in this release.
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