Updates

MDI Security Systems Receives Over $1 Million in Orders for Enterprise Customer Upgrades

SAN ANTONIO, TEXAS – MDI, Inc. (NASDAQ: MDII) today announced that its MDI Security Systems Division has been awarded contracts to upgrade critical security systems for eight of its long-standing enterprise customers. The initial awards will total $1,044,355 in revenue to the Company when completed and include product training and product support services. According to J. Collier Sparks, CEO and President of MDI, “During April of last year, MDI issued a media release announcing upgrades to several ified Government facilities totaling $750,000. Due to the fact that those upgrades involved top-secret Government and Homeland Security facilities, the Company was not permitted to provide details.  For this year’s announcement, and as we continue to upgrade our long-standing customer base while leveraging our strong position in the Federal Government Market, I am pleased to report that we have recently secured initial orders for $1,044,355 in upgrades to the MDI Unified Technology Platform.  These orders come from eight of our valued clients.  As you will see from their profiles, their security affects the daily lives of many Americans and their families.  We are honored that they have chosen MDI as their partner for the future.” Profiles of MDI clients related to these orders include:
  • One of California’s largest school districts, with an enrollment of nearly 80,000 students
  • A financial institution with locations across the state of Nevada
  • A major international airport that services 33 million passengers per year
  • One of the largest installations in the U. S. Army
  • A U.S. Army biomedical and biodefense research facility
  • An intelligence-related U.S. national security agency
  • A premier intelligence analysis organization in the U.S. Department of Defense
  • A U.S. Army arsenal
Of the $1,044,355 awarded, $208,916 has been shipped earlier this quarter and the remaining $835,439 is scheduled to ship over the next 30 days. “I stated last April that we expected many of our existing customers would upgrade their MDI systems as the company moved forward after its reorganization. With its new Unified Technology Platform, MDI has made it very simple and cost effective for the hundreds of MDI clients currently on legacy systems to undergo an enterprise upgrade.  Our Engineering team has worked with these clients to develop our Unified Technology Platform based on their high-security needs. Our Federal Systems Division, headed by Jim St. Pierre, has put a major emphasis on increasing the number of upgrade projects that MDI and its Dealer Partners will undertake in 2006 and we are confident that many more customers will choose to upgrade with MDI in the future.  This confidence is based on dollarized value and the seamless advancement to a Unified Technology that is superior to all integrated management systems in the industry”, said Mr. Sparks. MDI continues to offer the same level of security that it provides for its ified Government clients to its commercial enterprise customers.  Its patented technology platform unifies an organizations global security infrastructure into a centralized command and control dashboard environment.  MDI unified technology is available to organizations of all sizes and across all industries. Join MDI at ISC West 2006, April 5-7, Las Vegas Please join MDI at the ISC West 2006 Show in Las Vegas - booth number 22087.  As one of the many highlights, the MDI Federal Systems Division will be promoting a new video technology product (to be announced later) and providing live demonstrations of MDI’s industry leading Smart Card capabilities.   About MDI Security Systems For over 25 years, MDI (NASDAQ: MDII) has been protecting its clients’ people, facilities and assets by manufacturing unified security software and video surveillance solutions that can be comprehensively managed across an enterprise from a central point of command and control. 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, US Secret Service, Fidelity Investments, Bureau of Engraving & Printing, Southwestern Bell, Department of Defense, IRS, NASA, Disney, Smithsonian Institution and MIT to name a few. For more information on MDI Security Systems including its award-winning SAFEnet, iTRUST, ViewPoint and nTEGRITY product lines, please visit www.mdisecure.com. Forward-Looking and Cautionary Statements Except 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. These statements include a number of risks, uncertainties and other factors that could cause actual results to differ materially, as discussed in the Company's filings with the Securities and Exchange Commission. Investor Relations Contact: Richard A. Larsen MDI, Incorporated Richard.Larsen@mdisecure.com (210) 582-2664 Media Contact: Michael M. Garcia MDI, Incorporated Mike.Garcia@mdisecure.com (210) 477-5400