Xplore Announces Multi Million Dollar Military Purchase Order

Xplore Announces Multi Million Dollar Military Purchase Order

AUSTIN, Texas--(BUSINESS WIRE)-- Xplore Technologies Corp. (NAS: XPLR) ("Xplore" or the "Company"), a manufacturer of award-winning rugged tablet PCs, announced today that it received a multi-million dollar purchase order for the U.S. military. The purchase order is for over 900 of the Company's iX104C5M rugged Windows tablets. Delivery of the products is expected to occur over the next several months.

"We are extremely pleased to announce receipt of the largest single military order in our history," stated Philip S. Sassower, Xplore's Chairman and Chief Executive Officer. "We believe the value proposition of our rugged tablet computer should make it the device of choice for military field applications. We believe that this purchase order is an initial indication of our potential in the military sector."


"We expect this order to be the first in a series of purchase orders for the U.S. military involving the delivery of several thousand devices, improving our footprint in the military space," stated Mark Holleran, Xplore's President and Chief Operating Officer. "We believe Xplore's ultra rugged tablet solution is gaining traction in military applications in the U.S. and other countries by delivering on our promise of value, performance and reliability. We further believe the iX104C5M is the best tablet for use in military deployments - whether supporting special operations, managing workflows on the flight line or delivering real-time data to mobile field units."

"Xplore is proud to support the U.S. military in the deployment and use of our products," continued Sassower. "We look forward to a successful and continuing relationship."

Additional information regarding Xplore is available on our website www.xploretech.com

About Xplore Technologies®

Xplore is engaged in the business of developing integrating and marketing mobile wireless Tablet PC computing systems. The Company's products enable the extension of traditional computing systems to a range of field and on-site personnel, regardless of location or environment. Using a range of wireless communication media together with the Company's rugged computing products, the Company's end-users are able to receive, collect, analyze, manipulate and transmit information in a variety of environments not suited to traditional non-rugged computing devices. The Company's end-users are in markets that include utility, warehousing/logistics, public safety, field service, transportation, manufacturing, route delivery, military and homeland security.

Forward Looking Statements

This news release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions are intended to identify forward-looking statements. Such statements reflect Xplore's current views with respect to future events and are subject to risks and uncertainties. Many factors could cause actual results to differ materially from the statements made including those factors listed from time to time in filings made by Xplore with securities regulatory authorities under the heading "Risk Factors". Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated or expected. Xplore does not intend and does not assume any obligation to update these forward-looking statements.



Xplore
Investor Relations and Media Inquiries:
Martin Janis & Company, Inc.
Beverly Jedynak
+1.312.943.1123
bjedynak@janispr.com

KEYWORDS:   United States  North America  Texas

INDUSTRY KEYWORDS:

The article Xplore Announces Multi Million Dollar Military Purchase Order originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.


Increase your money and finance knowledge from home

Introduction to ETFs

The basics of Exchange Traded Funds and why ETFs are hot.

View Course »

Investing in Startups

The lucrative and risky world of startups.

View Course »

Add a Comment

*0 / 3000 Character Maximum