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Digital Recorders, Inc. Announces Multiple Orders in European Business Units; CEO Addresses Profitability Improvement Actions.

Publication: Business Wire
Publication Date: 13-DEC-05 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
DALLAS -- Digital Recorders, Inc. (DRI) (Nasdaq:TBUS), a technology leader in transit, transportation, law enforcement, and security digital communications systems, announced today its Mobitec AB (Mobitec) business unit in Sweden and its Mobitec GmbH (formerly known as Transit Media-Mobitec GmbH) business unit in Germany have received three orders totaling more than $1.5 million (USD).

--Asia Transport Ltd. of Jordan has ordered more than 130 MobiDOT electronic destination sign systems to retrofit its fleet. Product delivery is scheduled to commence in December 2005 and conclude in first quarter 2006.

--Daewoo of Korea has ordered more than 160 MobiDOT electronic destination sign systems on behalf of the Kuwait Public Transport Company in Kuwait. Product delivery is scheduled to begin and conclude in first quarter 2006.

--In Sweden, Vast Traffic has ordered for its transit fleet more than 500 interior passenger information display systems using Vacuum Florescent Display (VFD) technology and featuring high resolution. Product delivery is scheduled to commence in second quarter 2006 and conclude in fourth quarter 2006.

"Two of these three orders came from Middle Eastern customers where Mobitec is exhibiting its products at this week's Dubai "Gulf Traffic and MENA (Middle East and North Africa) Rail Exhibition" where more than 170 exhibitors are participating in this first-ever exhibition of this magnitude in the region. The orders for Jordan and Kuwait will contribute to our already large market position in the Middle East and may position us for other upcoming order opportunities...

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