Brekford Corp. Reports Third Quarter Fiscal Year 2009 Results

HANOVER, MD (November 2, 2009) â?? Brekford Corp. (OTC: BFDI), a leading provider of fully integrated vehicle installation and rugged technology solutions geared towards mission critical operations, today reported the results of its third quarter ended September 30, 2009. GAAP Revenue was $3.9 million for the quarter ended September 30, 2009 from $3.2 million for the previous comparable quarter ended September 30, 2008, an increase of 20%.

C.B. Brechin, Chief Executive Officer of Brekford, stated: "Despite the difficult economy, we are proud of our employees and the high level of execution they demonstrated this quarter. We are pleased to announce four consecutive quarters of profits. The results we reported today are solid and a demonstration of the strength in our business model. Our goals have remained constant, to provide our clients with superior bumper to bumper, one-stop shop, fleet upfitting and mobile technology services while, at the same time, driving shareholder value. I am very pleased to announce we have provided both. "

Financial Highlights

"Revenue, Gross Profit and GAAP Net Income for the third quarter and nine months ended September 30, 2009 increased compared to 2008", comments C.B. Brechin, "I am proud of our sales effort and cost cutting measures; which have directly increased earnings."

Revenues for the third quarter of 2009 were $3.9 million compared to $3.2 million in the third quarter of 2008, an increase of 20%. Gross Profit for the third quarter of 2009 was $680 thousand, compared to $636 thousand in the third quarter of 2008 an increase of 7%. Net Income for the third quarter of 2009 was $208 thousand compared to a Net Loss of $(349) thousand for the third quarter of 2008, an increase of $556 thousand.

Revenues for the nine months ended September 30, 2009 were $10.9 million compared to $9.4 million in the nine months ended September 30, 2008, an increase of 16%. Gross Profit for the nine months ended September 30, 2009 was $1.8 million, compared to $1.4 million in the nine months ended September 30, 2008 an increase of 31%. Net Income for the nine months ended September 30, 2009 was $551 thousand compared to a Net Loss of $(2.0) million for nine months ended September 30, 2008, an increase of $2.5 million.

Recent Company Highlights

• -New business development efforts directed at regional and Federal Government continue, with efforts focused on total fleet upfitting services. Through the Company's strategic relationships, and streamlined procurement process, the Company provides what management believes to be first-rate technology and unmatched customer service. Total fleet bumper-to-bumper solutions is raising Brekford's brand awareness;
• -Our SlickTicket product is an out-of-the-box fully portable over the seat organizer for public safety vehicles, specially designed to house a printer and scanner to allow officers to quickly access driver's license and registration information as well as issue tickets, warnings and citations;
• -Our newly formed relationship with RedSpeed is designed to deliver industry leading speed photo enforcement services to Maryland municipalities and counties.

Brekford Corp. (OTC: BFDI) is a leading provider of fully integrated vehicle installation and rugged technology solutions geared towards mission critical operations. For more than a decade, the company has provided services to branches of the U.S. military, various federal entities and numerous security and public safety agencies throughout the Mid-Atlantic region. Brekford provides these agencies with an end-to-end suite of superior products and services designed to streamline procurement processes and offer maximum functionality to their day to day operations.

Brekford 360o vehicle solutions provides complete vehicle upfitting, mobile data and video solutions including municipal financing and leasing services for agencies. The 360o vehicle solutions approach provides customers with a one stop upfitting cutting edge technology and installation service.

For more Company information, please visit www.brekford.com

Forward Looking Statements

This press release contains forward-looking statements within the meaning of that term in Section 21E of the Securities Exchange Act of 1934, as amended. . Actual results may differ materially from the results suggested by these forward-looking statements, for a number of reasons, including, but not limited to, market conditions, the cost and success of development activities and ability to successfully manage growth. Readers are referred to the documents filed by Brekford International Corp. with the SEC, specifically the Company's most recent reports filed on Form 10-K and Forms 10-Q, which further identify the important risk factors which could cause actual results to differ materially from the forward-looking statements in this release. The Company expressly disclaims any obligation to update any forward-looking statements.