City of Burbank, CA Contracts with CompuDyne - Public Safety and Justice, Inc. to Provide a $1.5M Public Safety System

Business Wire, Nov 21, 2005

ANNAPOLIS, Md. -- CompuDyne Corporation (Nasdaq:CDCY), an industry leader in sophisticated security products, integration and technology for the public security markets, announced today that the city of Burbank, California has signed a $1.5M contract with CompuDyne - Public Safety & Justice, Inc. (formerly Tiburon, Inc.) to provide software and services for a new public safety system for the Burbank Police Department. CompuDyne - Public Safety & Justice, Inc. is an industry-leading provider of automated public safety and justice systems which meet the demanding and complex needs of law enforcement, fire & rescue, corrections and justice environments. This comprehensive system includes new Computer Aided Dispatch, Records Management, and Field Reporting systems to support the police department which serves the city's 100,000 residents.

The Burbank Police Department, a CompuDyne client since 1985, wanted to upgrade their existing systems to take advantage of new hardware technology and enhanced functionality. "We need a fully integrated system operating on a technologically advanced architecture to effectively meet the increasing requirements of the Department and the citizens we serve," says Captain Janice Lowers.

The new Computer Aided Dispatch (CAD) system operates on fully distributed Microsoft Windows(R) workstations, providing server-independent processing of all critical CAD functions and a reliable configuration approaching 100% system availability. If any component fails, the system continues to function. CompuDyne has successfully deployed this unique system architecture in several city, county, and state-wide public safety communication centers across the country.

The new Records Management System (RMS) will consolidate and automate records processing and criminal investigations for the police department. In addition, a comprehensive mobile communications component that includes automated field report writing will be installed in 30 police vehicles. The new field report writing system will automate the Department's current paper reporting processes and increase information accuracy, promote standardized data collection and reduce report writing time. Officers will enter and access their accident and case reports while in the field, allowing officers to spend more time in the community.

Certain statements made in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including those statements concerning the Company's expectations with respect to future operating results and other events. Although the Company believes it has a reasonable basis for these forward-looking statements, these statements involve risks and uncertainties that cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors which could cause actual results to differ from expectations include, among others, capital spending patterns of the security market and the demand for the Company's products, competitive factors and pricing pressures, changes in legislation, regulatory requirements, government budget problems, the Company's ability to secure new contracts, the ability to successfully grow the Company by completing acquisitions, the ability to remain in compliance with its bank covenants, delays in government procurement processes, ability to obtain bid, payment and performance bonds on various of the Company's projects, technological change or difficulties, the ability to refinance debt when it becomes due, product development risks, commercialization difficulties, adverse results in litigation, the level of product returns, the amount of remedial work needed to be performed, costs of compliance with Sarbanes-Oxley requirements and the impact of the failure to comply with such requirements, risks associated with internal control weaknesses identified in complying with Section 404 of Sarbanes-Oxley, the Company's ability to realize anticipated cost savings, the Company's ability to simplify its structure and modify its strategic objectives, and general economic conditions. Risks inherent in the Company's business and with respect to future uncertainties are further described in its other filings with the Securities Exchange Commission, such as the Company's Form 10-K, Form 10-Q, and Form 8-K reports.