RALEIGH, NC -- (Marketwire) -- 12/06/10 -- Law Enforcement Associates Corporation (LEA) (OTCBB: LAWE), a leading U.S.-based developer and manufacturer of electronic surveillance equipment, today announced it has signed a Memorandum of Understanding (MOU) with an independent international sales team that has begun marketing select LEA products in several overseas markets. The team recently received two orders for LEA's Rapid Deployment Under Vehicle Inspection Systems (UVIS) from unnamed customers in the Middle East.
The Rapid Deployment units are smaller, mobile versions of LEA's legacy UVIS platform. The UVIS is typically a key component in surveillance programs designed to monitor sensitive facilities such as military bases, embassies and industrial facilities.
Paul Briggs, president and CEO, said, "Our selection of this international sales team and these initial UVIS orders represent important early steps in our effort to address growing overseas demand for leading-edge surveillance products. We are exploring additional opportunities with prospective sales and distribution partners that could further advance our strategy."
Briggs said LEA also has nearly completed an effort to restructure its domestic sales force. "A key objective of our new management team has been to decentralize a sales organization that previously operated out of our headquarters in Raleigh. In recent months we have added six members to our sales staff, and have imbedded personnel in new territories in the upper Midwest, Central and Southern regions of the United States. We soon plan to add an additional member who will exclusively manage the Texas market."
Briggs said LEA's expanded sales and marketing program will include presentations at approximately 40 industry trade shows during 2011. "We have established the strongest portfolio of surveillance equipment LEA has offered in many years, and I believe we now have a sales organization and marketing program that will be very effective at enhancing the profile of those products with current and prospective customers."
About Law Enforcement Associates Corporation
LEA is a leading security and surveillance technology Company that manufactures and markets a diverse product line to the worldwide law enforcement, military, security and corrections markets. The Company's Audio Intelligence Devices (AID) division has been serving the law enforcement sector for more than 30 years and is one of the most respected names in the surveillance equipment industry. LEA's products are used by a wide variety of government and non-governmental agencies, as well as public and private companies. These include military bases, nuclear facilities, embassies, government installations, oil refineries, United Nations and NATO locations. LEA's products have been used at high-profile events such as the Summer & Winter Olympics, Super Bowl, U.S. Golf Championship, and the Democratic and Republican National Conventions. Its products include the Under Vehicle Inspection System (UVIS), EDK123 (Explosive Detection Kit), Bloodhound and Birddog GPS Tracking Systems, Graffiti Cam, Letter-bomb Visualizer Spray, and a wide variety of Audio & Video Surveillance Equipment. Headquartered in Raleigh, N.C., the Company has been featured in many industry publications and websites. For more information, please visit www.leacorp.com.
Forward-Looking and Cautionary Statements
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Among other things, these statements relate to our financial condition, results of operations and future business plans, operations, opportunities and prospects. In addition, we and our representatives may from time to time make written or oral forward-looking statements, including statements contained in filings with the Securities and Exchange Commission and in our reports to stockholders. These forward-looking statements are generally identified by the words or phrases "may," "could," "should," "expect," "anticipate," "plan," "believe," "seek," "estimate," "predict," "project" or words of similar import. These forward-looking statements are based upon our current knowledge and assumptions about future events and involve risks and uncertainties that could cause our actual results, performance or achievements to be materially different from any anticipated results, prospects, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements are not guarantees of future performance. Many factors are beyond our ability to control or predict. You are accordingly cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date that we make them. For description of factors that may cause actual results to differ materially from such forward-looking statements, see the Company's Annual Report on Form 10-K for the year ended 2009, and other reports from time to time filed or furnished to the Securities and Exchange Commission. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.