QualityStocks would like to highlight Brekford Corp. (OTCBB: BFDI). The company engages in the provision of technology services in the United States. It offers automatic traffic safety enforcement-photo speed and red light enforcement system, an enforcement technique with one or more motor vehicle sensors that produce recorded images of motor vehicles traveling at speeds above a defined threshold; and Slick-Ticket, an electronic ticketing system for public safety vehicles to allow law enforcement officers to quickly access driver's license and registration information, as well as issue tickets, warnings, and citations.
In the company’s news yesterday,
Brekford was awarded a multi-year speed enforcement contract in the town of Princess Anne, Md., where the company will deploy its photographic speed-monitoring systems.
The town will install Brekford’s speed cameras in school zones within the town limits and use the system’s special equipment to automatically measure how fast vehicles are traveling and to produce photos of the license plates of those that exceed the speed limit.
Police will then review and confirm violations, mailing citations to the owners of the vehicles.
“The incorporation of speed camera programs into Princess Anne’s comprehensive law enforcement activities represents a cost-effective, violator-funded solution that will help ensure the safety of pedestrians and motorists alike, while allowing the police department to more efficiently deploy its resources throughout the jurisdiction,” Chief Scott Keller with the Princess Anne Police Department stated in the press release. “The deployment of these cameras will be transparent and well-advertised within our community, as the overriding goal is to improve child safety in and around our school facilities.”
In a press release, Brekford noted a study conducted by the Cochrane Collaboration for the Insurance Institute for Highway Safety, which revealed that this type of speed enforcement technology can reduce injurious and fatal auto-pedestrian accidents in school zones by as much as 58 percent.
The company also noted its own research, citing significant statistics.
“The safety of children should never be at risk from dangerous drivers when they are on their way to or from school, and a growing number of states have passed legislation authorizing the use of automated speed enforcement systems to reduce the amount of speeding and reckless driving in school zones,” C. B. Brechin, CEO of Brekford, stated. “We have noted reductions of up to 80 percent in school zone speeding in some of the cities that have entered into multi-year contracts with Brekford over the past two years.”
Brekford’s agreement with the town of Princess Anne is the company’s second contract within the ‘Eastern Shore’ portion of the State of Maryland.
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