INTEGRATED SECURITY SYSTEMS, INC. ANNOUNCES B&B ARMR ROAD
AND BRIDGE DIVISION SECURES SECOND LARGEST CONTRACT IN COMPANY’S HISTORY
Irving, Texas – February 24, 2004 – Integrated Security Systems, Inc. (ISSI),
(OTCBB Symbol: IZZI) today announced that it’s wholly owned subsidiary,
B&B ARMR Corporations Road and Bridge division has been selected to
supply automated barrier gates and vehicle arresting barriers for the
High Occupancy Vehicle Lane Slip Ramp Closure System in Houston, TX. The
contract, valued in excess of $1.2 million, is the second largest single
contract award in the company’s history.
The contract consists of furnishing B&B ARMR’s SWP-7010 horizontal
swing gates to be used at HOV approach and departure points with lengths
ranging from 16 to 24 feet. This slip ramp system will provide automated
opening and closing of the HOV lanes at the designated slip ramp
locations. Also furnished in the contract are B&B ARMR’s VL9900VAS,
vehicle arresting barriers used to decelerate and stop errant vehicles.
“This order is a major win for our road and bridge division and
signifies increased sales revenues throughout 2004,” Peter Beare,
B&B ARMR chairman and CEO, said. “We are very pleased to have been
chosen as the preferred provider for Houston’s road and bridge
reconstruction needs.”
The project will encompass portions of US290 (Northwest Freeway) at
FM1960/SH6, US59 (Eastex and Southwest Freeways) at Quitman and West
Airport Boulevard, and IH-45 (North Freeway) at FM1960 and IH-10.
Product deliveries will be staged throughout calendar year ’04 with
project completion estimated at 18 months.
About B&B ARMR Corporation
B&B ARMR Corporation engineers and manufactures high security crash
rated barriers and parking control equipment for commercial and
institutional use throughout the world. B&B ARMR offers turn key
installation services for its security and control products and supplies
parts and services for vehicle barriers manufactured by other companies.
The company’s roots can be traced to 1925, and they assert a high
profile customer list that includes the Pentagon, San Diego Naval
Station, G.E. Headquarters, Hertz, FDA, FAA Headquarters, Department of
State and several foreign embassies. For additional information, please
visit www.bb-armr.com.
About Integrated Security Systems, Inc. (ISSI)
Headquartered in Irving, Texas, ISSI is a technology company that
designs, develops and markets safety equipment and security software to
the commercial, industrial and governmental marketplaces. ISSI is a
leading provider of traffic control and safety systems within the road
and bridge and perimeter security gate industries. ISSI designs,
manufactures and distributes warning gates, crash barriers
(anti-terrorist and traffic control barriers), lane changers, airport
and navigational lighting and perimeter security gates and operators.
ISSI’s Intelli-Site® provides users with a software solution that
integrates existing subsystems from multiple vendors without incurring
the additional costs associated with upgrades or replacement. Intelli-Site®
features a user-defined graphics interface that controls various
security devices within one or multiple facilities. ISSI conducts its
design, development, manufacturing and distribution activities through
two wholly owned subsidiaries: BB ARMR Corporation and Intelli-Site,
Inc. For more information, please visit
www.integratedsecurity.com,
www.bb-armr.com or
www.intelli-site.com.
This information contains certain forward-looking statements. It is
important to note that ISSI's actual results could differ materially
from those projected by such forward-looking statements. Important
factors that could cause actual results to differ materially from those
projected in the forward-looking statements include, but are not limited
to, the following: operations may not improve as projected, new products
may not be accepted by the marketplace as anticipated, or new products
may take longer to develop than anticipated.