Only Push-To-Talk Over Cellular (PTToC) Service that Enables On-Demand Communications to Any Smartphone User
WEST MELBOURNE, FL / ACCESSWIRE / October 11, 2022 / BK Technologies Corporation (NYSE American:BKTI) (the “Company” or “BK Technologies”) today announced the launch of its first BKRplay service, InteropONE, the only PTToC service that enables operational interoperability to first responders through on-demand creation of user groups without requiring network pre-provisioning or gateways.
InteropONE, in cooperation with its PTToC platform partner, STREAMWIDE SA, a leading communications software technology provider, facilitates multi-agency incident response and mutual aid in planned or unplanned incidents such as large public events, disaster relief, criminal intelligence, and mass violence, where a lack of communications can slow or hinder the response. Incident command staff can dynamically manage PTToC communications from his/her smartphone, by “inviting” participants to engage in the incident. Invited participants simply need a smartphone with a data subscription to any carrier network. Participants can download the InteropONE application, BKRplay, from the App Store (iOS) or Google Play (Android) stores.
InteropONE is designed to eliminate today’s barriers and enable all first responders to communicate regardless of which cellular network they use or PTToC service they subscribe to, or even first responders who do not subscribe to a PTToC service. InteropONE is designed to provide interoperable communications during emergency incidents when no other communications platform meets the need.
“InteropONE is a game-changing, scalable smartphone application that will deliver a unique SaaS service that is much needed in the public safety market,” stated John Suzuki, CEO of BK Technologies. “As PTToC solutions have become more sophisticated and operate on a variety of platforms, interoperability between different technologies and service providers is a big challenge today. Our InteropONE offering provides a practical solution to this challenge, enhancing communications capabilities between first responders who arrive at events from near or far, as well as between different emergency agencies. We’re excited to launch InteropONE, which we believe provides a tremendous opportunity to address a broader market audience within the public safety communications market and will serve as a blueprint for our development of additional BKRplay services.”
James Teel, General Manager of BK’s SaaS business unit commented, “As wildfires and natural disasters increase in frequency, broader response is often required from a wide range of emergency personnel. InteropONE’s ability to ensure that these diverse teams can quickly communicate through common channels is truly a differentiator for the markets we’re targeting. Just as our LMR radios have a proven track record and excellent reputation for reliability and durability in the field, we believe our InteropONE solution can also play a key role providing the PTToC solution that keeps first responders connected and safe as they protect our communities.”
About BK Technologies
BK Technologies Corporation manufactures high-specification, American-made communications equipment of unsurpassed reliability and value for use by public safety professionals and government agencies. BK Technologies is honored to serve these heroes with reliable equipment when every moment counts. The Company’s common stock trades on the NYSE American market under the symbol “BKTI”. Maintaining its headquarters in West Melbourne, Florida, BK Technologies can be contacted through its web site at www.bktechnologies.com or directly at 1-800-821-2900.
About STREAMWIDE
STREAMWIDE is a leading communications systems provider for Telecom operators, Governments, and Enterprises with worldwide reach. With 20 years of experience in developing new generation solutions, STREAMWIDE has a rich product portfolio including Secure Mobile Communication and Digitalization solutions.
Headquartered in Paris with offices in Europe, USA, Asia and Africa , STREAMWIDE has deployments in over 70 countries across 5 continents, and over 130 customers with more than 100 million end users. STREAMWIDE is listed on Euronet Growth ( Paris ) – ALSTW FR0010528059.
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 and the ongoing war in Ukraine and related sanctions, 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 and our announced SaaS solutions; competition in the land mobile radio industry; general economic and business conditions, including inflationary pressures, federal, state and local government budget deficits and spending limitations, any impact from a prolonged shutdown of the U.S. Government, the ongoing effects of the COVID-19 pandemic and the ongoing war in Ukraine, including the impact of related sanctions being imposed by the U.S. Government and the governments of other countries, impact of potential reprisals as a consequence of the war in Ukraine and any related sanctions; 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 or the ongoing war in Ukraine 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 or the ongoing war in Ukraine; 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 and the ongoing war in Ukraine; 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 statement.
Company Contact:
IMS Investor Relations
John Nesbett/Jennifer Belodeau
bktechnologies@imsinvestorrelations.com
(203) 972-9200