April 29, 2005—MDI Security Systems, the foundation of MDI, Inc., announced that it has received contracts to upgrade the security systems for 10 of its long-standing enterprise customers. The initial awards will total approximately $750,000 in revenue to the company when completed. Scheduled customers include highly classified government facilities within the Department of Defense, Department of Homeland Security, various federal civilian agencies and several large enterprise commercial customers.
These upgrades are scheduled to be accomplished during the next 3 months. When completed, these MDI customers will have installed the complete feature set within SAFEnet Version 6.2.
Each potential customer project will involve a legacy upgrade to the latest SAFEnet version, with its Open System Integration (OSI) Platform. The Company expects that many additional facilities will follow this initiative with a hardware modernization program involving MDIs PB2000 Advanced Processing Technology or Integrated Digital Controller (IDC) IP-enabled hardware.
For more information on MDI Security Systems, visit the company Web site.
