FinancialWire-1 March 2007-MDI To Provide School Safety And Security Program To Stratis Authority ©2007 Investrend Communications, Inc.
March 1, 2007 (FinancialWire) MDI Inc. (NASDAQ: MDII) received an purchase order totaling $25.3 million from Stratis Authority for its Learn Safe school safety and security program. The order was based on an initial Scope of Work submitted by MDI and approved by Stratis Authority to provide security products and professional services to multiple school districts located in the southeast.
The order calls for MDI, through its Global Systems Solutions Inc. subsidiary, to provide turnkey security packages to schools within each district. The products and services include unified access control, video surveillance products, professional services, installation, training, and maintenance. The blanket purchase order will be governed by the terms of a master service agreement. Initial project fulfillment orders will begin immediately with peak activity occurring during spring and summer break.
