The Company plans to release its financial and operating results for the first quarter ended March 31, 2024, prior to the call on Thursday, May 9, 2024.

Shareholders and interested parties may participate in the conference call by dialing (888) 506-0062 and international participants should dial (973) 528-0011 and use access code: 841188. The call and the accompanying slide deck will also be webcast at:

The conference call and slide deck may also be accessed via the Events page of the Company’s website at www.bktechnologies.com. Please allow extra time prior to the call to visit the site.

An online archive of the webcast will be available on the Company’s website for thirty (30) days following the call at www.bktechnologies.com. A replay of the conference call will be available one hour after completion of the call until May 16, 2024, by dialing (877) 481-4010 and international participants should dial (919) 882-2331. All callers must use passcode 50438 to access the replay.

About 快播视频app
快播视频app Corporation manufactures high-specification communications equipment of unsurpassed reliability and value for use by public safety professionals and government agencies. 快播视频app SaaS business focuses on new, innovative public safety smartphone services that will make the first responders safer or more productive. 快播视频app is honored to serve these heroes when every moment counts. The Company’s common stock trades on the NYSE American market under the symbol “BKTI”. Maintaining its headquarters and primary manufacturing facility in West Melbourne, Florida, 快播视频app can be contacted through its web site at www.bktechnologies.com or directly at 1-800-821-2900.

Company Contact:

IMS Investor Relations
John Nesbett/Jennifer Belodeau
bktechnologies@imsinvestorrelations.com
(203) 972-9200

The post 快播视频app to Host First Quarter 2024 Conference Call on Thursday, May 9, 2024 first appeared on 快播视频app.

The post 快播视频app to Host First Quarter 2024 Conference Call on Thursday, May 9, 2024 appeared first on 快播视频app.

快播视频app will be demonstrating BKRplay IntelliPTT at the upcoming International Wireless Communications Expo (IWCE) on March 27 and 28 in Orlando, Florida.

James Teel, General Manager of 快播视频app’ SaaS Business Unit, commented, “BKRplay IntelliPTT expands the scope of our InteropONE push-talk-over-cellular service, offering first responders an enhanced user experience when pairing a BKR 5000 or 9000 radio with an Apple or Android smartphone. By leveraging the traditional LMR look and feel of BKR Series radios and the rich user interface of Apple and Android smartphones, InteropONE and IntelliPTT provides a comprehensive communication channel across private LMR and public cellular networks in situations where every second counts.”

About 快播视频app
快播视频app Corporation manufactures high-specification, American-made communications equipment of unsurpassed reliability and value for use by public safety professionals and government agencies. 快播视频app SaaS business focuses on new, innovative public safety smartphone services that will make the first responders safer or more productive. 快播视频app is honored to serve these heroes when every moment counts. The Company’s common stock trades on the NYSE American market under the symbol “BKTI”. Maintaining its headquarters and primary manufacturing facility in West Melbourne, Florida, 快播视频app can be contacted through its web site at or directly at 1-800-821-2900.

Forward-Looking Statements
This press release contains certain forward-looking statements that are made pursuant to the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements concern the Company’s operations, economic performance, and financial condition, including, but not limited to, statements regarding the Company’s long-term strategic plan, and are based largely on the Company’s beliefs and expectations. These statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results, performance, or achievements of the Company, or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Such factors and risks, some of which have been, and may further be, exacerbated by the COVID-19 pandemic, include, among others, the following: changes or advances in technology; the success of our land mobile radio product line; disruption in the global supply chain creating delays, unavailability and adverse conditions; successful introduction of new products and technologies, including our ability to successfully develop and sell our anticipated new multiband product and other related products in the planned new BKR Series product line; competition in the land mobile radio industry; general economic and business conditions, including federal, state and local government budget deficits and spending limitations, any impact from a prolonged shutdown of the U.S. Government, and the ongoing effects of the COVID-19 pandemic; the availability, terms and deployment of capital; reliance on contract manufacturers and suppliers; risks associated with fixed-price contracts; heavy reliance on sales to agencies of the U.S. Government and our ability to comply with the requirements of contracts, laws and regulations related to such sales; allocations by government agencies among multiple approved suppliers under existing agreements; our ability to comply with U.S. tax laws and utilize deferred tax assets; our ability to attract and retain executive officers, skilled workers and key personnel; our ability to manage our growth; our ability to identify potential candidates for, and to consummate, acquisition, disposition or investment transactions, and risks incumbent to being a noncontrolling interest stockholder in a corporation; impact of the COVID-19 pandemic on the companies in which the Company holds investments; impact of our capital allocation strategy; risks related to maintaining our brand and reputation; impact of government regulation; impact of rising health care costs; our business with manufacturers located in other countries, including changes in the U.S. Government and foreign governments’ trade and tariff policies, as well as any further impact resulting from the COVID-19 pandemic; our inventory and debt levels; protection of our intellectual property rights; fluctuation in our operating results and stock price; acts of war or terrorism, natural disasters and other catastrophic events, such as the COVID-19 pandemic; any infringement claims; data security breaches, cyber-attacks and other factors impacting our technology systems; availability of adequate insurance coverage; maintenance of our NYSE American listing; risks related to being a holding company; and the effect on our stock price and ability to raise equity capital of future sales of shares of our common stock. Certain of these factors and risks, as well as other risks and uncertainties, are stated in more detail in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021, and in the Company’s subsequent filings with the SEC. These forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements.

Company Contact:
IMS Investor Relations
John Nesbett/Jennifer Belodeau
bktechnologies@imsinvestorrelations.com
(203) 972-9200

The post 快播视频app Unveils BKRplay IntelliPTT Feature Enabling Push-To-Talk-Over Broadband Capabilities for BKR 5000 and BKR 9000 Customers first appeared on 快播视频app.

The post 快播视频app Unveils BKRplay IntelliPTT Feature Enabling Push-To-Talk-Over Broadband Capabilities for BKR 5000 and BKR 9000 Customers appeared first on 快播视频app.

WEST MELBOURNE, FL March 14, 2024 / 快播视频app Corporation (NYSE American: BKTI) (the 鈥淐ompany,鈥� 鈥溈觳ナ悠礱pp鈥�) today announced financial and operating results for the fourth quarter and year ended December 31, 2023. The Company will host a conference call today, March 14, 2024, at 9:00 a.m. Eastern Time.

John Suzuki, CEO of 快播视频app commented, 鈥�2023 was a strong year for 快播视频app, highlighted by both revenue growth and gross margin improvement. We shipped 34,500 radios in fiscal 2023, an increase of 37% compared to fiscal 2022, as existing and new customers conducted lifecycle upgrades to their portable communications technology. We recognized a 45% increase in full year revenue compared to the prior year, achieved our sixth consecutive quarter of gross margin improvement and our second consecutive quarter of profitability.

鈥淚n the fourth quarter, we expanded our existing relationship with East West Manufacturing to make them the primary manufacturer of 快播视频app鈥� radio product line,鈥� Mr. Suzuki continued. 鈥淲e believe that outsourcing our manufacturing and transitioning to a more asset light model will improve our gross margins in the long term by simplifying our supply chain management and reducing production expenses and end-product costs. The transition to contract manufacturing is well underway and will take place in stages with no anticipation of meaningful interruptions in production or shipping. As previously stated, East West made a $2 million investment in 快播视频app that consisted of the purchase of 77,520 shares of Common Stock at $12.90 per share, plus warrants to purchase 135,500 shares of the Company鈥檚 Common Stock at an exercise price of $15.00 per share. The proceeds from the East West investment have been allocated toward paying down our accounts payable and line of credit.

Mr. Suzuki concluded, 鈥淲e鈥檙e optimistic about the upcoming year which should be characterized by expanding gross margins, lower operating costs, and significantly improved profitability. With our visibility today, we believe we are on track to exceed earnings per share of $1.50 for full year 2024. In addition, we expect to see improved working capital as we transition our manufacturing and reduce inventory levels. Overall, we anticipate that 2024 will demonstrate continued profitability as we focus our efforts to establish the BKR9000 as a premier multiband radio in the market to drive additional revenue growth in the coming years.鈥�

Fourth Quarter 2023 Financial Review
Revenue decreased 20% to $16.3 million, compared with $20.3 million for the fourth quarter of 2022 primarily due to record radio unit shipments in the fourth quarter of 2022, as a result of improved electronic component availability allowing the Company to work through significant backlog. Gross profit margin was 35.1% compared to 21.7% for the same quarter of last year, reflecting the improvement of material costs previously impacted by supply chain disruptions in 2022 and successful production cost reduction initiatives implemented throughout 2023.

Selling, General & Administrative expenses totaled $5.3 million, compared with $6.0 million for the fourth quarter of last year.

Operating income totaled $400,000 compared with operating loss of ($1.6 million) for the fourth quarter of last year.

快播视频app recorded net income of $290,000 or $0.08 per basic and diluted share, compared with a net loss of ($961,000) or ($0.28) per basic and diluted share, for the fourth quarter of last year.

Non-GAAP Adjusted EBITDA for the fourth quarter of 2023 was $892,000, compared with a non-GAAP Adjusted EBITDA1 of $436,000 in the fourth quarter of 2022.

Full Year 2023 Financial Review

Revenue increased 45% to $74.1 million, compared with $51.0 million for the full year of 2022. Gross profit margin was 30.0% compared to 19.3% for the full year of 2022, primarily related to decreased material, component, and freight costs due to improving supply chain factors.

Selling, General & Administrative expenses totaled $23.0 million, compared with $20.9 million for the full year of 2022.

Operating loss totaled ($777,000) compared with an operating loss of ($11.1 million) for the full year of 2022.

快播视频app recorded a net loss of ($2.2 million) or ($0.65) per basic and diluted share, compared with a net loss of ($11.6 million) or ($3.44) per basic and diluted share for the full year of 2022. In the full year 2023, the Company recognized an unrealized loss of ($740,000) on its investment in FG Financial Holdings, LLC, compared to a loss on investments of ($313,000) in the full year of 2022.

Non-GAAP Adjusted EBITDA for the full year of 2023 was $130,000, compared with a non-GAAP Adjusted EBITDA2 loss of ($9.1 million) in the full year of 2022.

Working capital totaled approximately $16.8 million, primarily comprised of cash, cash equivalents, trade receivables and inventories. This compares with the working capital at year-end of 2022 of approximately $13.2 million, of which $12.5 million was comprised of cash, cash equivalents and trade receivables.

Conference Call and Webcast

快播视频app will host a conference call and webcast for investors today, March 14, 2024, at 9:00 a.m. Eastern Time.

Shareholders and interested parties may participate in the conference call by dialing (888) 506-0062 and international participants should dial (973) 528-0011 and use access code: 188499. The call and the accompanying slide deck will also be webcast at:

An online archive of the webcast will be available on the Company’s website for thirty (30) days following the call at . A replay of the conference call will be available one hour after completion of the call until March 21, 2024, by dialing (877) 481-4010 and international participants should dial (919) 882-2331. All callers must use passcode 49888 to access the replay.

Use of Non-GAAP Measures

快播视频app prepares its consolidated financial statements in accordance with United States generally accepted accounting principles (鈥淕AAP鈥�). In addition to disclosing financial results prepared in accordance with GAAP, the Company discloses non-GAAP financial measures. Management believes the non-GAAP financial measures discussed in this release are important to the reader of the Consolidated Financial Statements. The Company has provided the non-GAAP financial information presented in the press release, which is not calculated or presented in accordance with GAAP, as information supplemental and in addition to the financial measures presented in the press release that are calculated and presented in accordance with GAAP. Such non-GAAP financial measures should not be considered superior to, as a substitute for or alternative to, and should be considered in conjunction with, the GAAP financial measures presented in the press release. The non-GAAP financial measures in the press release may differ from similar measures used by other companies.

Adjusted Earnings Before Interest Taxes Depreciation and Amortization (Adjusted EBITDA). Adjusted EBITDA is considered a non-GAAP financial measure under the SEC鈥檚 rules because it excludes certain amounts included in net income provided in the statement of operations attributable to the Company calculated in accordance with GAAP, the most directly comparable financial measure calculated in accordance with GAAP. Management believes Adjusted EBITDA can help the investors better understand operational factors associated with the Company鈥檚 financial performance because it excludes the following from consideration: interest, taxes, depreciation and amortization, and infrequent or unusual losses or gains (i.e., non-recurring and incremental restructuring charges that are not expected to be routinely incurred year over year because of the Company鈥檚 strategy and operating experience. See Reconciliation to GAAP below for calculation methodology and details regarding Adjusted EBITDA.

Adjusted earnings per share (Adjusted EPS). Adjusted EPS is considered a non-GAAP financial measure under the SEC鈥檚 rules because it excludes certain amounts included in the basic and diluted earnings per share attributable to the Company calculated in accordance with GAAP (EPS), the most directly comparable financial measure calculated in accordance with GAAP. Adjusted EPS is a non-GAAP financial measure that adjusts GAAP EPS for expense items that are typically strategic in nature or that management otherwise does not view as reflecting the operating performance of the company. Management believes Adjusted EPS can help the reader better understand the operating performance of the core businesses and their ability to generate earnings. The Company has developed and introduced the BKR product line, that has resulted in one-time, non-cash adjustments to inventory and adjustments related to new product development raw materials for the BKR product line during the 4Q 2022. Management believes that these one-time charges do not reflect the operational profitability of the business for the 4Q and full year 2022. See Reconciliation to GAAP below for calculation methodology and details regarding Adjusted EPS.

About 快播视频app

快播视频app Corporation, through its operating subsidiaries, manufactures high-specification, communications equipment of unsurpassed reliability and value for use by public safety professionals and government agencies. 快播视频app鈥� SaaS business focuses on new, innovative public safety smartphone services that will make the first responders safer or more productive. 快播视频app is honored to serve these heroes when every moment counts. The Company鈥檚 common stock trades on the NYSE American market under the symbol 鈥淏KTI鈥�. Maintaining its headquarters in West Melbourne, Florida, 快播视频app can be contacted through its web site at or directly at 1-800-821-2900.

Forward-Looking Statements

This press release contains certain forward-looking statements that are made pursuant to the 鈥淪afe Harbor鈥� provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements concern the Company鈥檚 operations, economic performance, and financial condition, including, but not limited to the Company鈥檚 long-term strategic plan, and are based largely on the Company鈥檚 beliefs and expectations. These statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results, performance, or achievements of the Company, or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others, the following: changes or advances in technology; the success of our land mobile radio product line and SaaS business segment; disruption in the global supply chain creating delays, unavailability and adverse conditions; successful introduction of new products and technologies, including our ability to successfully develop and sell our new multiband product and other related products in the BKR Series product line and the Company鈥檚 SaaS solutions; competition in the land mobile radio industry; general economic and business conditions, including higher inflation and its impacts, federal, state and local government budget deficits and spending limitations, any impact from a prolonged shutdown of the U.S. Government, the effects of natural disasters, changes in climate, severe weather events, geopolitical events, acts of war or terrorism, global health epidemics or pandemics (such as the COVID-19 pandemic) and catastrophic events, as well as the broader impacts to financial markets and the global macroeconomic and geopolitical environments; the availability, terms and deployment of capital; reliance on contract manufacturers and suppliers; risks associated with fixed-price contracts; heavy reliance on sales to agencies of the U.S. Government and our ability to comply with the requirements of contracts, laws and regulations related to such sales; allocations by government agencies among multiple approved suppliers under existing agreements; our ability to comply with U.S. tax laws and utilize deferred tax assets; our ability to attract and retain executive officers, skilled workers and key personnel; our ability to manage our growth; our ability to identify potential candidates for, and to consummate, acquisition, disposition or investment transactions, and risks incumbent to being a noncontrolling interest stockholder in a corporation; impact of natural disasters, changes in climate, severe weather events, geopolitical events, acts of war or terrorism, global health epidemics or pandemics (such as the COVID-19 pandemic) and catastrophic events on the companies in which the Company holds investments; impact of our capital allocation strategy; risks related to maintaining our brand and reputation; impact of government regulation; impact of rising health care costs; our business with manufacturers located in other countries, including changes in the U.S. Government and foreign governments鈥� trade and tariff policies; our inventory and debt levels; protection of our intellectual property rights; fluctuation in our operating results and stock price; any infringement claims; data security breaches, cyber-attacks and other factors impacting our technology systems; availability of adequate insurance coverage; maintenance of our NYSE American listing; risks related to being a holding company; and the effect on our stock price and ability to raise equity capital of future sales of shares of our common stock. Certain of these factors and risks, as well as other risks and uncertainties, are stated in more detail in the Company鈥檚 Annual Report on Form 10-K for the fiscal year ended December 31, 2023, and in the Company鈥檚 subsequent filings with the SEC. These forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statement.

This press release and related communications contain specifically identified non-GAAP financial measures, which supplement the results that are reported according to generally accepted accounting principles (鈥淕AAP鈥�). These non-GAAP financial measures may be useful to investors but should not be viewed in isolation from, or as a substitute for, GAAP results. Differences between non-GAAP financial measures and comparable GAAP financial measures are reconciled in the release.

Company Contact:

IMS Investor Relations
John Nesbett/Jennifer Belodeau
bktechnologies@imsinvestorrelations.com
(203) 972-9200

(Financial Tables to Follow)

BK TECHNOLOGIES CORPORATION
Condensed Consolidated Statements of Operations

(In thousands, except per share data) (unaudited)

BK TECHNOLOGIES CORPORATION
Condensed Consolidated Balance Sheets

(In thousands, except share data) (unaudited)

BK TECHNOLOGIES CORPORATION
Reconciliation of Non-GAAP Financial Measures

(In thousands, except per share data) (unaudited)

The post 快播视频app Announces Fourth Quarter and Year End 2023 Results first appeared on 快播视频app.

The post 快播视频app Announces Fourth Quarter and Year End 2023 Results appeared first on 快播视频app.

John Suzuki, CEO of 快播视频app, commented, 鈥淏oulder County has been a longstanding and valued customer of 快播视频app, and we鈥檙e pleased to expand this relationship as they upgrade and standardize to our BKR 9000 multiband radio for use across 26 fire agencies throughout the county. As a multiband radio, the BKR 9000 allows the county to standardize to a single radio platform to support their multiple fire missions, ultimately saving money by investing in and maintaining a single radio platform. The radios will initially be used for day-to-day fire, EMS, Emergency Services and SAR operations, as well as responses to wildland fire incidents. This purchase is an encouraging endorsement of the BKR 9000 radio, and we look forward to ultimately supporting all public safety agencies across Boulder County.鈥�

Boulder County, Colorado is home to over 300,000 residents, making it a tier 2 county by population, and includes diverse natural landscapes and sustainable developments along the Northern Front Range of the state of Colorado. The county encompasses 740 square miles of total land that includes four nationally protected forests and wilderness areas, as well as a state protected park and scenic trails and byways. Land use, sustainability policies, and compassionate human services programs are at the forefront of the county鈥檚 operations, which helps to foster a vibrant, healthy, and active community.

About 快播视频app
快播视频app Corporation, through its operating subsidiaries, manufactures high-specification, American-made communications equipment of unsurpassed reliability and value for use by public safety professionals and government agencies. 快播视频app鈥� SaaS business focuses on new, innovative public safety smartphone services that will make the first responders safer or more productive. 快播视频app is honored to serve these heroes when every moment counts. The Company鈥檚 common stock trades on the NYSE American market under the symbol 鈥淏KTI鈥�. Maintaining its headquarters and primary manufacturing facility in West Melbourne, Florida, 快播视频app can be contacted through its web site at or directly at 1-800-821-2900.

Forward-Looking Statements
Litigation Reform Act of 1995. These forward-looking statements concern the Company’s operations, economic performance, and financial condition, including, but not limited to the Company’s long-term strategic plan, and are based largely on the Company’s beliefs and expectations. These statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results, performance, or achievements of the Company, or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others, the following: changes or advances in technology; the success of our land mobile radio product line and SaaS business segment; disruption in the global supply chain creating delays, unavailability and adverse conditions; successful introduction of new products and technologies, including our ability to successfully develop and sell our new multiband product and other related products in the BKR Series product line and the Company’s SaaS solutions; competition in the land mobile radio industry; general economic and business conditions, including higher inflation and its impacts, federal, state and local government budget deficits and spending limitations, any impact from a prolonged shutdown of the U.S. Government, the effects of natural disasters, changes in climate, severe weather events, geopolitical events, acts of war or terrorism, global health epidemics or pandemics and catastrophic events, as well as the broader impacts to financial markets and the global macroeconomic and geopolitical environments; the availability, terms and deployment of capital; reliance on contract manufacturers and suppliers; risks associated with fixed-price contracts; heavy reliance on sales to agencies of the U.S. Government and our ability to comply with the requirements of contracts, laws and regulations related to such sales; allocations by government agencies among multiple approved suppliers under existing agreements; our ability to comply with U.S. tax laws and utilize deferred tax assets; our ability to attract and retain executive officers, skilled workers and key personnel; our ability to manage our growth; our ability to identify potential candidates for, and to consummate, acquisition, disposition or investment transactions, and risks incumbent to being a noncontrolling interest stockholder in a corporation; impact of natural disasters, changes in climate, severe weather events, geopolitical events, acts of war or terrorism, global health epidemics or pandemics and catastrophic events on the companies in which the Company holds investments; impact of our capital allocation strategy; risks related to maintaining our brand and reputation; impact of government regulation; impact of rising health care costs; our business with manufacturers located in other countries, including changes in the U.S. Government and foreign governments’ trade and tariff policies; our inventory and debt levels; protection of our intellectual property rights; fluctuation in our operating results and stock price; any infringement claims; data security breaches, cyber-attacks and other factors impacting our technology systems; availability of adequate insurance coverage; maintenance of our NYSE American listing; risks related to being a holding company; and the effect on our stock price and ability to raise equity capital of future sales of shares of our common stock. Certain of these factors and risks, as well as other risks and uncertainties, are stated in more detail in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022, and in the Company’s subsequent filings with the SEC. These forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statement.

Company Contact:

IMS Investor Relations
John Nesbett/Jennifer Belodeau
bktechnologies@imsinvestorrelations.com
(203) 972-9200

The post 快播视频app Receives Purchase Order for BKR 9000 Radios from Boulder County, Colorado first appeared on 快播视频app.

The post 快播视频app Receives Purchase Order for BKR 9000 Radios from Boulder County, Colorado appeared first on 快播视频app.

The Company plans to release its financial and operating results for the fourth quarter and year ended December 31, 2023, prior to the call on Thursday, March 14, 2024.

Shareholders and interested parties may participate in the conference call by dialing (888) 506-0062 and international participants should dial (973) 528-0011 and use access code: 188499. The call and the accompanying slide deck will also be webcast at:

The conference call and slide deck may also be accessed via the Events page of the Company’s website at . Please allow extra time prior to the call to visit the site.

An online archive of the webcast will be available on the Company’s website for thirty (30) days following the call at . A replay of the conference call will be available one hour after completion of the call until March 21, 2024, by dialing (877) 481-4010 and international participants should dial (919) 882-2331. All callers must use passcode 49888 to access the replay.

About 快播视频app
快播视频app Corporation manufactures high-specification, American-made communications equipment of unsurpassed reliability and value for use by public safety professionals and government agencies. 快播视频app SaaS business focuses on new, innovative public safety smartphone services that will make the first responders safer or more productive. 快播视频app is honored to serve these heroes when every moment counts. The Company’s common stock trades on the NYSE American market under the symbol “BKTI”. Maintaining its headquarters and primary manufacturing facility in West Melbourne, Florida, 快播视频app can be contacted through its web site at or directly at 1-800-821-2900.

Company Contact:
IMS Investor Relations
John Nesbett/Jennifer Belodeau
bktechnologies@imsinvestorrelations.com
(203) 972-9200

The post 快播视频app to Host Fourth Quarter and Full Year 2023 Conference Call on Thursday, March 14, 2024 first appeared on 快播视频app.

The post 快播视频app to Host Fourth Quarter and Full Year 2023 Conference Call on Thursday, March 14, 2024 appeared first on 快播视频app.

WEST MELBOURNE, FL January 25, 2023 / 快播视频app Corporation (NYSE American: BKTI) today announced that it has received a purchase order for 87 of its BKR 9000 multiband radios from the Arkansas Department of Agriculture鈥檚 Forestry Division. The BKR 9000 is compatible with Arkansas鈥檚 P25 system, allowing the Forestry Division to significantly enhance efficiency by carrying out their responsibilities using a single radio model across all operations. This is the Forestry Division鈥檚 first purchase of the BKR 9000.

John Suzuki, CEO of 快播视频app, commented, 鈥淭he Arkansas Department of Agriculture鈥檚 Forestry Division is responsible for the protection of all Arkansas鈥檚 forests from wildland fire and other natural hazards. Our BKR 9000 multiband radio provides the Department with a single radio that can be used for wildland fire operations and is compatible with Arkansas鈥檚 statewide P25 trunked system. We believe their selection of the BKR 9000 is a validation of its unique operational capabilities, reliability, and effectiveness in mission critical situations and we look forward to supporting the Arkansas Department of Agriculture in their forestry and emergency response efforts.鈥�

The Arkansas Department of Agriculture Forestry Division is responsible for the protection of forests, and those who enjoy them, from wildland fire and natural hazards while promoting rural and urban forest health, stewardship, development, and conservation. Since 1935, the Forestry Division crews have suppressed more than 225,000 wildfires. In addition to wildfire suppression, the Forestry Division responds to all other natural disasters including tornadoes, ice storms, and floods, and crews are often called upon to clear roadways and organize incident command centers. The Forestry Division is also a leader in forest and land management, stewardship, and forest conservation efforts.

About 快播视频app
快播视频app Corporation, through its operating subsidiaries, manufactures high-specification, American-made communications equipment of unsurpassed reliability and value for use by public safety professionals and government agencies. 快播视频app鈥� SaaS business focuses on new, innovative public safety smartphone services that will make the first responders safer or more productive. 快播视频app is honored to serve these heroes when every moment counts. The Company鈥檚 common stock trades on the NYSE American market under the symbol 鈥淏KTI鈥�. Maintaining its headquarters and primary manufacturing facility in West Melbourne, Florida, 快播视频app can be contacted through its web site at www.bktechnologies.com or directly at 1-800-821-2900.

Forward-Looking Statements
Litigation Reform Act of 1995. These forward-looking statements concern the Company’s operations, economic performance, and financial condition, including, but not limited to the Company’s long-term strategic plan, and are based largely on the Company’s beliefs and expectations. These statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results, performance, or achievements of the Company, or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others, the following: changes or advances in technology; the success of our land mobile radio product line and SaaS business segment; disruption in the global supply chain creating delays, unavailability and adverse conditions; successful introduction of new products and technologies, including our ability to successfully develop and sell our new multiband product and other related products in the BKR Series product line and the Company’s SaaS solutions; competition in the land mobile radio industry; general economic and business conditions, including higher inflation and its impacts, federal, state and local government budget deficits and spending limitations, any impact from a prolonged shutdown of the U.S. Government, the effects of natural disasters, changes in climate, severe weather events, geopolitical events, acts of war or terrorism, global health epidemics or pandemics and catastrophic events, as well as the broader impacts to financial markets and the global macroeconomic and geopolitical environments; the availability, terms and deployment of capital; reliance on contract manufacturers and suppliers; risks associated with fixed-price contracts; heavy reliance on sales to agencies of the U.S. Government and our ability to comply with the requirements of contracts, laws and regulations related to such sales; allocations by government agencies among multiple approved suppliers under existing agreements; our ability to comply with U.S. tax laws and utilize deferred tax assets; our ability to attract and retain executive officers, skilled workers and key personnel; our ability to manage our growth; our ability to identify potential candidates for, and to consummate, acquisition, disposition or investment transactions, and risks incumbent to being a noncontrolling interest stockholder in a corporation; impact of natural disasters, changes in climate, severe weather events, geopolitical events, acts of war or terrorism, global health epidemics or pandemics and catastrophic events on the companies in which the Company holds investments; impact of our capital allocation strategy; risks related to maintaining our brand and reputation; impact of government regulation; impact of rising health care costs; our business with manufacturers located in other countries, including changes in the U.S. Government and foreign governments’ trade and tariff policies; our inventory and debt levels; protection of our intellectual property rights; fluctuation in our operating results and stock price; any infringement claims; data security breaches, cyber-attacks and other factors impacting our technology systems; availability of adequate insurance coverage; maintenance of our NYSE American listing; risks related to being a holding company; and the effect on our stock price and ability to raise equity capital of future sales of shares of our common stock. Certain of these factors and risks, as well as other risks and uncertainties, are stated in more detail in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022, and in the Company’s subsequent filings with the SEC. These forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statement.

Company Contact:

IMS Investor Relations
John Nesbett/Jennifer Belodeau
bktechnologies@imsinvestorrelations.com
(203) 972-9200

The post 快播视频app Receives Purchase Order for BKR 9000 Radios from the Arkansas Department of Agriculture Forestry Division first appeared on 快播视频app.

The post 快播视频app Receives Purchase Order for BKR 9000 Radios from the Arkansas Department of Agriculture Forestry Division appeared first on 快播视频app.

Prior to his election to the Board of Directors, Mr. Horowitz served as an adviser to the 快播视频app Board since November 2021.

Mr. Horowitz is a professional investor with over 22 years of investing experience. Since January 2012, he has served as a portfolio manager and Managing Director at various Palm entities, first with Palm Ventures LLC and currently with Palm Management (US) LLC, where he manages the Palm Global Small Cap Master Fund. He was formerly Director of Research at Berggruen Holdings, a multi-billion-dollar family office, and was a research analyst at Crossway Partners LP, a value strategy investment partnership.

In addition to his experience in the financial industry, Mr. Horowitz brings extensive public company board experience. Earlier in his career, he served as a director of The Lincoln General Insurance Company (private) from October 2011 to November 2015, 1347 Capital Corp (Nasdaq: TFSC) from July 2014 to July 2016, and 1347 Property Insurance Holdings, Inc. (Nasdaq: PIH) from April 2015 to April 2018. He served as both Director, and ultimately, Interim Chairman of the Board of Directors of Birner Dental Management Services, Inc. (OTC: BDMS) from December 2017 until the Company’s sale to Mid Atlantic Dental Partners in January 2019. At the time of his service, Birner was the only publicly traded dental service organization (DSO) in the country with 67 offices and over 500 employees.

Since March 2020, Mr. Horowitz has served as a Director and Chair of the Finance Committee of Limbach Holdings (Nasdaq: LMB), an integrated building systems solutions company with close to $500m in annual revenue. He has also served as a Director of Barnwell, Inc. (NYSE: BRN), a holding company with diverse investments in oil and gas assets, since February 2023. Mr. Horowitz was also a board observer at Biomerica, Inc. (Nasdaq: BMRA) and served on the Board of Directors of Minim, Inc. (Nasdaq: MINM).

Mr. Horowitz holds a B.S. in Management from Binghamton University and studied at the Bath School of Management in the United Kingdom.

“During the past few years working with the 快播视频app Board, I’ve seen first-hand how well the Company is positioned to address growing and diverse end markets with its portable communication technologies and expertise. BK equipment is designed to enable emergency responders to drive efficiency and safety when responding to situations in the field, and the demand for our solutions is rapidly increasing. I look forward to expanding my role at a truly dynamic time for the Company. On behalf of the Board, I’d like to thank Kyle Cerminara for his leadership and his many contributions which have helped build the strong foundation from which BK will continue to grow.”

About 快播视频app

快播视频app Corporation, through its operating subsidiaries, manufactures high-specification, communications equipment of unsurpassed reliability and value for use by public safety professionals and government agencies. 快播视频app’ SaaS business focuses on new, innovative public safety smartphone services that will make the first responders safer or more productive. 快播视频app is honored to serve these heroes when every moment counts. The Company’s common stock trades on the NYSE American market under the symbol “BKTI”. Maintaining its headquarters and primary manufacturing facility in West Melbourne, Florida, 快播视频app can be contacted through its web site at or directly at 1-800-821-2900.

Forward-Looking Statements

This press release contains certain forward-looking statements that are made pursuant to the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements concern the Company’s operations, economic performance, and financial condition, including, but not limited to the Company’s long-term strategic plan, and are based largely on the Company’s beliefs and expectations. These statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results, performance, or achievements of the Company, or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others, the following: changes or advances in technology; the success of our land mobile radio product line and SaaS business segment; disruption in the global supply chain creating delays, unavailability and adverse conditions; successful introduction of new products and technologies, including our ability to successfully develop and sell our new multiband product and other related products in the BKR Series product line and the Company’s SaaS solutions; competition in the land mobile radio industry; general economic and business conditions, including higher inflation and its impacts, federal, state and local government budget deficits and spending limitations, any impact from a prolonged shutdown of the U.S. Government, the effects of natural disasters, changes in climate, severe weather events, geopolitical events, acts of war or terrorism, global health epidemics or pandemics (such as the COVID-19 pandemic) and catastrophic events, as well as the broader impacts to financial markets and the global macroeconomic and geopolitical environments; the availability, terms and deployment of capital; reliance on contract manufacturers and suppliers; risks associated with fixed-price contracts; heavy reliance on sales to agencies of the U.S. Government and our ability to comply with the requirements of contracts, laws and regulations related to such sales; allocations by government agencies among multiple approved suppliers under existing agreements; our ability to comply with U.S. tax laws and utilize deferred tax assets; our ability to attract and retain executive officers, skilled workers and key personnel; our ability to manage our growth; our ability to identify potential candidates for, and to consummate, acquisition, disposition or investment transactions, and risks incumbent to being a noncontrolling interest stockholder in a corporation; impact of natural disasters, changes in climate, severe weather events, geopolitical events, acts of war or terrorism, global health epidemics or pandemics (such as the COVID-19 pandemic) and catastrophic events on the companies in which the Company holds investments; impact of our capital allocation strategy; risks related to maintaining our brand and reputation; impact of government regulation; impact of rising health care costs; our business with manufacturers located in other countries, including changes in the U.S. Government and foreign governments’ trade and tariff policies; our inventory and debt levels; protection of our intellectual property rights; fluctuation in our operating results and stock price; any infringement claims; data security breaches, cyber-attacks and other factors impacting our technology systems; availability of adequate insurance coverage; maintenance of our NYSE American listing; risks related to being a holding company; and the effect on our stock price and ability to raise equity capital of future sales of shares of our common stock. Certain of these factors and risks, as well as other risks and uncertainties, are stated in more detail in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022, and in the Company’s subsequent filings with the SEC. These forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statement.

Company Contact:

IMS Investor Relations
John Nesbett/Jennifer Belodeau
bktechnologies@imsinvestorrelations.com
(203) 972-9200

The post Joshua S. Horowitz Elected Chairman of the Board of Directors of 快播视频app first appeared on 快播视频app.

The post Joshua S. Horowitz Elected Chairman of the Board of Directors of 快播视频app appeared first on 快播视频app.

– Company Achieves Profitability With Third Quarter EPS of $0.03 –

WEST MELBOURNE, FL November 9, 2023 / 快播视频app Corporation (NYSE American: BKTI) (the 鈥淐ompany,鈥� 鈥溈觳ナ悠礱pp鈥�) today announced financial and operating results for the third quarter and nine months ended September 30, 2023. The Company will host a conference call today, November 9, 2023 at 9:00 a.m. Eastern Time.

Third Quarter 2023 Financial and Operational Update

• 68% increase in third quarter revenue to $20.1 million driven by increased shipments, strong demand for the BKR 5000 and introduction of the BKR 9000 radios
• Gross margin improved to 32%, as compared to the 19% in third quarter 2022 and representing the fourth consecutive quarter of sequential quarter over quarter margin improvement
• Company achieved earnings per share of $0.03
• Order backlog was $21.8 million at September 30, 2023
• Shipped 9,000 radios during the quarter
• Subsequent to close of the quarter, the Company announced plans to shift to an asset-light model and signed a transformational agreement to outsource its manufacturing to East West Manufacturing

John Suzuki, CEO of 快播视频app commented, 鈥淥ur third quarter results reflect continued growth in demand and market recognition for our products, as evidenced by a 68% increase in revenue, improved margin performance and a return to profitability.听听 We continue to see strong demand for our BKR 5000 as our customers conduct lifecycle upgrades to their portable communications technology and order activity for our recently introduced BKR 9000 multiband radio continues to grow.听 During the quarter we received two purchase orders totaling $3.4 million for the BKR 5000 from the National Interagency Incident Communications Division and we received a $2.1 million order from the Bureau of Land Management which included BKR 5000 radios for upgrade purposes as well as a quantity of BKR 9000 radios for testing and evaluation.听 As we鈥檝e previously stated, we believe the BKR 9000 has tremendous market potential for public safety agencies in secondary demographic market areas, because it provides a reliable multiband capability at a cost-effective price point.

鈥淩ecently we announced our plans to expand our existing manufacturing relationship with East West, a proven, longtime partner who has provided reliable and efficient support to our in-house manufacturing operations for many years.听 After careful evaluation, we believe that outsourcing the manufacturing of our products will simplify our supply chain management, which has been a challenging part of our operations in recent years and will enable us to continue reducing our product costs.听 Additionally, by shifting to an asset-light model we can more intently focus on our core competencies — the development and marketing of land mobile radio communications technology.听 Our transition to East West will be undertaken in stages and we don鈥檛 anticipate any meaningful interruptions in production or shipping.鈥�

鈥淲e鈥檙e energized by our performance to date in 2023 and by the continued strength in our backlog which is driving revenue growth and improved margin performance.听 Our radios enjoy a solid reputation in the marketplace for their capabilities and dependability in complex environments and we鈥檙e encouraged by the opportunities we鈥檙e seeing to increase our market share and grow our customer base.鈥�

Third Quarter 2023 Financial Review

Revenue increased 68% to $20.1 million, compared with $11.9 million for the third quarter of last year driven by increased radio shipments and demand for the BKR 5000 radio.听 Gross profit margin was 32% compared to 19% for the same quarter of last year, reflecting higher production volumes and improved product costs related to raw materials and freight.

Selling, General & Administrative expenses totaled $5.8 million, compared with $4.6 million for the third quarter of last year.

Operating income totaled $594,000 compared with operating loss of ($2.4 million) for the third quarter of last year.

快播视频app recorded net income of $90,000 or $0.03 per basic and diluted share, compared with a net loss of ($2.4 million) or ($0.71) per basic and diluted share, for the third quarter of last year.

First Nine Months 2023 Financial Review

Revenue increased 89% to $57.8 million, compared with $30.6 million for the first nine months of last year. Gross profit margin was 29% compared to 18% for the first nine months of last year, reflecting higher production volumes and improved costs related to raw materials and freight during the first nine months of 2023.

Selling, General & Administrative expenses totaled $17.7 million, compared with $15.0 million for the first nine months of 2022.

Operating loss totaled ($1.2 million) compared with operating loss of ($9.5 million) for the first nine months of last year.

快播视频app recorded a net loss of ($2.5 million) or ($0.74) per basic and diluted share, compared with a net loss of ($10.7 million) or ($3.16) per basic and diluted share for the first nine months of last year. In the first nine months of 2023, the Company recognized an unrealized loss of ($831,000) on its investment in FG Financial Holdings, LLC, compared to a loss on investments of ($1.0) million in the first nine months of last year.

Working capital totaled approximately $13.8 million, primarily comprised of cash, cash equivalents, and trade receivables. This compares with the working capital at year-end of 2022 of approximately $13.2 million, of which $12.5 million was comprised of cash, cash equivalents, and trade receivables.

Conference Call and Webcast

快播视频app will host a conference call and webcast for investors today, November 9, 2023, at 9:00 a.m. Eastern Time.

Shareholders and interested parties may participate in the conference call by dialing (888) 506-0062 (for domestic participants) or (973) 528-0011 (for international participants). All callers must use the access code: 355439. The call and the accompanying slide deck will also be webcast at:

The conference call and slide deck may also be accessed via the Events page of the Company鈥檚 website at www.bktechnologies.com. Please allow extra time prior to the call to visit the site.

An online archive of the webcast will be available on the Company鈥檚 website for thirty (30) days following the call at www.bktechnologies.com. A replay of the conference call will be available one hour after completion of the call until November 16, 2023, by dialing (877) 481-4010 (domestic) or (919) 882-2331(international). All callers must use passcode 49255 to access the replay.

About 快播视频app

快播视频app Corporation, through its operating subsidiaries, manufactures high-specification, communications equipment of unsurpassed reliability and value for use by public safety professionals and government agencies. 快播视频app鈥� SaaS business focuses on new, innovative public safety smartphone services that will make the first responders safer or more productive.听听 快播视频app is honored to serve these heroes when every moment counts. The Company鈥檚 common stock trades on the NYSE American market under the symbol 鈥淏KTI鈥�. Maintaining its headquarters and primary manufacturing facility in West Melbourne, Florida, 快播视频app can be contacted through its web site at听www.bktechnologies.com听or directly at 1-800-821-2900.

Forward-Looking Statements

This press release contains certain forward-looking statements that are made pursuant to the 鈥淪afe Harbor鈥� provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements concern the Company鈥檚 operations, economic performance, and financial condition, including, but not limited to the Company鈥檚 long-term strategic plan, and are based largely on the Company鈥檚 beliefs and expectations. These statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results, performance, or achievements of the Company, or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others, the following: changes or advances in technology; the success of our land mobile radio product line and SaaS business segment; disruption in the global supply chain creating delays, unavailability and adverse conditions; successful introduction of new products and technologies, including our ability to successfully develop and sell our new multiband product and other related products in the BKR Series product line and the Company鈥檚 SaaS solutions; competition in the land mobile radio industry; general economic and business conditions, including higher inflation and its impacts, federal, state and local government budget deficits and spending limitations, any impact from a prolonged shutdown of the U.S. Government, the effects of natural disasters, changes in climate, severe weather events, geopolitical events, acts of war or terrorism, global health epidemics or pandemics (such as the COVID-19 pandemic) and catastrophic events, as well as the broader impacts to financial markets and the global macroeconomic and geopolitical environments; the availability, terms and deployment of capital; reliance on contract manufacturers and suppliers; risks associated with fixed-price contracts; heavy reliance on sales to agencies of the U.S. Government and our ability to comply with the requirements of contracts, laws and regulations related to such sales; allocations by government agencies among multiple approved suppliers under existing agreements; our ability to comply with U.S. tax laws and utilize deferred tax assets; our ability to attract and retain executive officers, skilled workers and key personnel; our ability to manage our growth; our ability to identify potential candidates for, and to consummate, acquisition, disposition or investment transactions, and risks incumbent to being a noncontrolling interest stockholder in a corporation; impact of natural disasters, changes in climate, severe weather events, geopolitical events, acts of war or terrorism, global health epidemics or pandemics (such as the COVID-19 pandemic) and catastrophic events on the companies in which the Company holds investments; impact of our capital allocation strategy; risks related to maintaining our brand and reputation; impact of government regulation; impact of rising health care costs; our business with manufacturers located in other countries, including changes in the U.S. Government and foreign governments鈥� trade and tariff policies; our inventory and debt levels; protection of our intellectual property rights; fluctuation in our operating results and stock price; any infringement claims; data security breaches, cyber-attacks and other factors impacting our technology systems; availability of adequate insurance coverage; maintenance of our NYSE American listing; risks related to being a holding company; and the effect on our stock price and ability to raise equity capital of future sales of shares of our common stock. Certain of these factors and risks, as well as other risks and uncertainties, are stated in more detail in the Company鈥檚 Annual Report on Form 10-K for the fiscal year ended December 31, 2022, and in the Company鈥檚 subsequent filings with the SEC. These forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statement.

Company Contact:

IMS Investor Relations
John Nesbett/Jennifer Belodeau
bktechnologies@imsinvestorrelations.com

(203) 972-9200

(Financial Tables to Follow)

听

BK TECHNOLOGIES CORPORATION

Condensed Consolidated Statements of Operations
(In thousands, except share and per share data)(unaudited)

BK TECHNOLOGIES CORPORATION

Condensed Consolidated Balance Sheets

(In thousands, except share data) (unaudited)

听

The post 快播视频app Announces Third Quarter 2023 Results first appeared on 快播视频app.

The post 快播视频app Announces Third Quarter 2023 Results appeared first on 快播视频app.

– East West to become shareholder of 快播视频app

WEST MELBOURNE, FL November 8, 2023 / 快播视频app Corporation (NYSE American: BKTI) (鈥淏K鈥�, 鈥渢he Company鈥�) today announced that it has signed a manufacturing and supply agreement (鈥渢he Agreement鈥�) with East West Manufacturing, LLC (鈥淓ast West鈥�) to transition BK鈥檚 West Melbourne, Florida manufacturing activities to East West鈥檚 facilities. East West will become the exclusive manufacturer of the Company鈥檚 radio product line. With the transition of its manufacturing operation to East West, the Company鈥檚 West Melbourne facility will solely focus on new product introductions to support BK鈥檚 engineering programs and customer repair services.

Based in Atlanta, Georgia, East West is an integrated design, engineering, manufacturing, and distribution services partner for original equipment manufacturers and distributors throughout North America and Europe. It is a portfolio company of MSD Partners. Under the terms of the Agreement, East West will make, in aggregate, a $2,000,000 investment in the Company. This includes the purchase of 77,520 shares of BK at a price of $12.90 per share, representing an investment of $1,000,000. East West will also receive Warrants to purchase 135,500 shares of BK at a strike price of $15.00 per share. The Warrants have a term of five years from the issuance date.

John Suzuki, CEO of 快播视频app, commented, 鈥淲e are pleased to announce the expansion of our existing manufacturing relationship with East West, a proven, longtime partner who has provided reliable and efficient support to our in-house manufacturing operations for many years. Moving to an asset-light model is an important transformational step that we are undertaking after careful analysis and evaluation. Outsourcing the manufacturing of our products will simplify our supply chain management, which has been a challenging part of our operations in recent years, and will enable us to continue to reduce both production and product costs. By moving supply chain and production management to a partner, we can more intently focus on our core competencies 鈥� the development and marketing of LMR communications technology 鈥� while lowering costs and ensuring we continue to meet all federal compliance requirements.鈥�

Manufacturing of 快播视频app products is expected to begin at East West during the first quarter of 2024 with the full operational transition expected to be completed within the ensuing six months. The move will take place in stages and 快播视频app is taking precautions to prevent any production or delivery delays associated with the factory transition.

Kyle Cerminara, Chairman of the Board of 快播视频app stated, 鈥淭he transition of our manufacturing operation to a trusted and reliable partner is an important strategic step that will help ensure efficient fulfillment of demand for our products while also strengthening margins over time. This is a partnership in every sense of the word. We are particularly pleased that East West has aligned themselves with BK even further by virtue of their purchase of BK common shares. This share purchase and desire to hold BK Warrants demonstrates East West鈥檚 recognition of BK鈥檚 valuable suite of products and their belief in the long-term market opportunity for our Company.鈥�

About 快播视频app
快播视频app Corporation, through its operating subsidiaries, manufactures high-specification, communications equipment of unsurpassed reliability and value for use by public safety professionals and government agencies. 快播视频app鈥� SaaS business focuses on new, innovative public safety smartphone services that will make the first responders safer or more productive. 快播视频app is honored to serve these heroes when every moment counts. The Company鈥檚 common stock trades on the NYSE American market under the symbol 鈥淏KTI鈥�. Maintaining its headquarters and primary manufacturing facility in West Melbourne, Florida, 快播视频app can be contacted through its web site at www.bktechnologies.com or directly at 1-800-821-2900.

About East West Manufacturing, LLC
Based in Atlanta, Georgia, East West provides a comprehensive and integrated set of product realization capabilities to a leading and high-growth customer base. With U.S. operations in Georgia, North Carolina, Wisconsin, Massachusetts, and Texas, and international operations in Canada, Costa Rica, Vietnam, China, India, and Mexico, the Company utilizes a global design team, transparent supply chain, on-site quality control, and flexible logistics systems to provide its customers with superior products and competitive cost advantages. Founded in 2001, East West offers its customers a differentiated breadth of onshore, nearshore, and offshore design, engineering, manufacturing, and distribution capabilities to serve the full spectrum of customer needs ranging from new product design to full scale production and distribution.

Forward-Looking Statements
This press release contains certain forward-looking statements that are made pursuant to the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements concern the Company’s operations, economic performance, and financial condition, including, but not limited to the Company’s long-term strategic plan, and are based largely on the Company’s beliefs and expectations. These statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results, performance, or achievements of the Company, or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others, the following: changes or advances in technology; the success of our land mobile radio product line and SaaS business segment; disruption in the global supply chain creating delays, unavailability and adverse conditions; successful introduction of new products and technologies, including our ability to successfully develop and sell our new multiband product and other related products in the BKR Series product line and the Company’s SaaS solutions; competition in the land mobile radio industry; general economic and business conditions, including higher inflation and its impacts, federal, state and local government budget deficits and spending limitations, any impact from a prolonged shutdown of the U.S. Government, the effects of natural disasters, changes in climate, severe weather events, geopolitical events, acts of war or terrorism, global health epidemics or pandemics and catastrophic events, as well as the broader impacts to financial markets and the global macroeconomic and geopolitical environments; the availability, terms and deployment of capital; reliance on contract manufacturers and suppliers and the Company鈥檚 transition to an exclusive third-party manufacturer for the Company鈥檚 radio product line; risks associated with fixed-price contracts; heavy reliance on sales to agencies of the U.S. Government and our ability to comply with the requirements of contracts, laws and regulations related to such sales; allocations by government agencies among multiple approved suppliers under existing agreements; our ability to comply with U.S. tax laws and utilize deferred tax assets; our ability to attract and retain executive officers, skilled workers and key personnel; our ability to manage our growth; our ability to identify potential candidates for, and to consummate, acquisition, disposition or investment transactions, and risks incumbent to being a noncontrolling interest stockholder in a corporation; impact of natural disasters, changes in climate, severe weather events, geopolitical events, acts of war or terrorism, global health epidemics or pandemics and catastrophic events on the companies in which the Company holds investments; impact of our capital allocation strategy; risks related to maintaining our brand and reputation; impact of government regulation; impact of rising health care costs; our business with manufacturers located in other countries, including changes in the U.S. Government and foreign governments’ trade and tariff policies; our inventory and debt levels; protection of our intellectual property rights; fluctuation in our operating results and stock price; any infringement claims; data security breaches, cyber-attacks and other factors impacting our technology systems; availability of adequate insurance coverage; maintenance of our NYSE American listing; risks related to being a holding company; and the effect on our stock price and ability to raise equity capital of future sales of shares of our common stock. Certain of these factors and risks, as well as other risks and uncertainties, are stated in more detail in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022, and in the Company’s subsequent filings with the SEC. These forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statement.

Company Contact:

IMS Investor Relations
John Nesbett/Jennifer Belodeau
bktechnologies@imsinvestorrelations.com
(203) 972-9200

The post 快播视频app Signs Transformational Agreement With East West Manufacturing first appeared on 快播视频app.

The post 快播视频app Signs Transformational Agreement With East West Manufacturing appeared first on 快播视频app.

John Suzuki, CEO of 快播视频app, commented, “We’re pleased to expand our partnership with the Department of Defense as they expand their existing fleet of multiband radios with this order for the BKR 9000. The DoD’s key requirements included a multiband, P25-compliant, LTE-capable portable radio, and following a competitive bid process, the BKR 9000 multiband radio, which is interoperable with existing P25 trunking infrastructure, was selected. Furthermore, 快播视频app’ BKRplay services enable the BKR 9000 to tether to a smartphone running the company’s InteropONE application, enabling cost-effective Push-To-Talk capability over cellular LTE/5G or WiFi networks when outside of LMR coverage. This contract is a validation of the performance and reliability of our technology, and we look forward to continuing our relationship with the DoD as they continue to enhance the scope and capabilities of their radio fleets.”

About 快播视频app

快播视频app Corporation, through its operating subsidiaries, manufactures high-specification, American-made communications equipment of unsurpassed reliability and value for use by public safety professionals and government agencies. 快播视频app’ SaaS business focuses on new, innovative public safety smartphone services that will make the first responders safer or more productive. 快播视频app is honored to serve these heroes when every moment counts. The Company’s common stock trades on the NYSE American market under the symbol “BKTI”. Maintaining its headquarters and primary manufacturing facility in West Melbourne, Florida, 快播视频app can be contacted through its web site at www.bktechnologies.com or directly at 1-800-821-2900.

Forward-Looking Statements

This press release contains certain forward-looking statements that are made pursuant to the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements concern the Company’s operations, economic performance, and financial condition, including, but not limited to the Company’s long-term strategic plan, and are based largely on the Company’s beliefs and expectations. These statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results, performance, or achievements of the Company, or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others, the following: changes or advances in technology; the success of our land mobile radio product line and SaaS business segment; disruption in the global supply chain creating delays, unavailability and adverse conditions; successful introduction of new products and technologies, including our ability to successfully develop and sell our new multiband product and other related products in the BKR Series product line and the Company’s SaaS solutions; competition in the land mobile radio industry; general economic and business conditions, including higher inflation and its impacts, federal, state and local government budget deficits and spending limitations, any impact from a prolonged shutdown of the U.S. Government, the effects of natural disasters, changes in climate, severe weather events, geopolitical events, acts of war or terrorism, global health epidemics or pandemics and catastrophic events, as well as the broader impacts to financial markets and the global macroeconomic and geopolitical environments; the availability, terms and deployment of capital; reliance on contract manufacturers and suppliers; risks associated with fixed-price contracts; heavy reliance on sales to agencies of the U.S. Government and our ability to comply with the requirements of contracts, laws and regulations related to such sales; allocations by government agencies among multiple approved suppliers under existing agreements; our ability to comply with U.S. tax laws and utilize deferred tax assets; our ability to attract and retain executive officers, skilled workers and key personnel; our ability to manage our growth; our ability to identify potential candidates for, and to consummate, acquisition, disposition or investment transactions, and risks incumbent to being a noncontrolling interest stockholder in a corporation; impact of natural disasters, changes in climate, severe weather events, geopolitical events, acts of war or terrorism, global health epidemics or pandemics and catastrophic events on the companies in which the Company holds investments; impact of our capital allocation strategy; risks related to maintaining our brand and reputation; impact of government regulation; impact of rising health care costs; our business with manufacturers located in other countries, including changes in the U.S. Government and foreign governments’ trade and tariff policies; our inventory and debt levels; protection of our intellectual property rights; fluctuation in our operating results and stock price; any infringement claims; data security breaches, cyber-attacks and other factors impacting our technology systems; availability of adequate insurance coverage; maintenance of our NYSE American listing; risks related to being a holding company; and the effect on our stock price and ability to raise equity capital of future sales of shares of our common stock. Certain of these factors and risks, as well as other risks and uncertainties, are stated in more detail in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022, and in the Company’s subsequent filings with the SEC. These forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statement.

Company Contact:

IMS Investor Relations
John Nesbett/Jennifer Belodeau
bktechnologies@imsinvestorrelations.com
(203) 972-9200

The post 快播视频app Receives $315,000 Purchase Order from the United States Department of Defense for the BKR 9000 Multiband Radio first appeared on 快播视频app.

The post 快播视频app Receives $315,000 Purchase Order from the United States Department of Defense for the BKR 9000 Multiband Radio appeared first on 快播视频app.