Windsor, Alberta 11/14/2009 1:15:00 AM
News / Business

EF Johnson Technologies, Inc.(Nasdaq:EFJI) Receives $5 Million Funding Increment From U.S. Navy

EF Johnson Technologies, Inc. (Nasdaq:EFJI) recently announced that its 3e Technologies International (3eTI) subsidiary has received a funding increment of $5 million from the U.S. Navy to extend the virtual perimeter monitoring system (VPMS) solution it is currently providing to the Navy. EF Johnson will provide virtual perimeter monitoring system solution to protect Navy personnel and property.

 

Free Hot Penny Stocks, an online financial publication, provides investors timely stock market alerts. Free hot penny stocks profiles stock picks that could generate higher returns than average. These penny stocks include stocks with news, chart breakouts or increased volume.

Sign Up Today for our Penny Stock Newsletter

 

"We are providing engineering support as well as design and implementation for the Navy-wide VPMS solution," said Michael Jalbert, president and chief executive officer of EF Johnson Technologies, Inc. "This system combines real-time video surveillance with our FIPS 140-2 Validated(TM) secure broadband technology as a force multiplier to protect Navy personnel and property. This latest funding increment further demonstrates our ability to deliver this solution and our commitment to provide seamless and secure voice, video, and data to the DoD," added Jalbert. Headquartered in Irving, Texas, EF Johnson Technologies, Inc. focuses on innovating, developing and marketing the highest quality secure communications solutions to organizations whose mission is to protect and save lives.  EF Johnson Technologies customers include first responders in public safety and public service, the federal government, and industrial organizations.  EF Johnson Technologies products are marketed under the EFJohnson, 3e Technologies International, and Transcrypt International names and are Made in America.

 

Sign Up for Free Hot Penny Stocks’ FREE Penny Stock Newsletter.

 

About Us

 

Free Hot Penny Stocks is a financial website and independent electronic publication that provides information and free penny stock alerts on selected publicly traded companies. We also track small cap companies and other stocks that may be positioned to break out. These penny stocks might have news, increased volume or chart breakouts. These penny stocks that are alerted could generate greater than average returns. Feel free to visit our penny stock forum to discuss other penny stock picks or penny stocks that you might own.

 

Free Hot Penny Stocks is not a registered investment advisor or broker-dealer. Please do your own Due Diligence before investing in any of the stocks mentioned above. To feature a company on our web site please contact us at the email listed below.

 

Please click here to read the full disclaimer