Just as your pulse is checked during a routine physical, free cash flow is used as an indicator of a company's health. It equals the cash brought in from operations minus the money needed to pay the bills. Think about leftover money in your checking account after you pay this month's bills.

Investors and analysts see this leftover money as a gauge of a company's ability to perform. It is available for transactions such as handing out dividends and working on new products.

Some argue free cash flow is wrongly overshadowed by the emphasis often placed on earnings. Earnings numbers can be manipulated and don't always tell the whole story -- and earnings don't mean much if there's nothing left over after a company pays its expenses. Even if you bring in a six-figure salary, but no money left after paying the bills, are you in great financial shape?

You don't have to be Einstein to figure out free cash flow. To calculate the number, subtract the company's expenditures and dividends from its operating cash flow.

If the free cash flow is written in red ink, it doesn't necessarily signal curtains. This is common for young companies looking to grow. It also could be a result of heavy investments, which in the long run could be worth a standing ovation.

Home / Markets / Industries / Finance

Thursday, June 12, 2008

Brekford International Corp. Awarded Ten-Year Contract With Baltimore County to Provide Advanced Technology Systems for Law Enforcement Agencies

Email this Story | Respond to Editor | Print

Comtex

HANOVER, Md., Jun 12, 2008 (BUSINESS WIRE) ----Brekford International Corp. (formerly Tactical Solution Partners, Inc.) (OTCBB:BFDI), an innovative homeland security technology and services firm, has announced the award of a new ten-year contract to provide technology products and services to Baltimore County, Maryland.

The Baltimore County contract will commence with the sale of Panasonic Toughbook(R) ruggedized mobile computer systems customized for public safety use, as well as related ergonomic mounting solutions, mobile technology products and peripherals.

"This extensive award is a significant win for Brekford," said William A. Shafley, Chief Executive Officer of Brekford International. "In addition to the multi-year revenue stream to supply Baltimore County's ongoing technology needs, we also anticipate revenue growth as a result of a contract provision that enables other agencies throughout the entire state to make purchases directly from the contract."

Brekford's broad product portfolio for the homeland security and law enforcement marketplaces include integrated, feature-rich, "office-in-the car" rugged mobile communication solutions. These systems enable law enforcement officers, security personnel and first responders to obtain and exchange information in real-time. Brekford's client list numbers in excess of 100 and includes many branches of the U.S. Military, the National Security Agency and critical government security and public safety agencies in the State of Maryland.

About Brekford International

Brekford International Corp. (The "Company," formerly Tactical Solution Partners, Inc.) is a homeland security technology firm led by veteran business professionals and former Special Forces military personnel. The Company has emerged as a provider of tactical training, body armor and technology, such as rugged communication products, maritime body armor and military grade systems integration services.

Brekford's homeland security products and services span:

-- Maritime security, law enforcement and tactical skill-set training solutions for the private, commercial and government sectors;

-- Rugged mobile, real-time data communications solutions for the $4.2 billion public safety and law enforcement markets;

-- Consumer electronics to federal, state, and local agencies and commercial enterprises in support of back office operations; and,

-- Customized, mission specific body armor.

Brekford has launched what it believe is an aggressive growth strategy fueled by a commitment to building significant shareholder value by exploiting near-term opportunities for revenue and earnings growth through acquisitions, organic growth and the internal development of complementary, proprietary technologies.

For more information, please visit www.tacticalsolutionpartners.com or http://www.trilogy-capital.com/tcp/tactical.

To read or download Brekford's Investor Fact Sheet, visit http://www.trilogy-capital.com/tcp/tactical/factsheet.html.

Forward-Looking Statements

Statements included in this news release that do not relate to present or historical conditions are "forward-looking statements" within the meaning of that term in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements involve risks and uncertainties that could cause results or outcomes to differ materially from those expressed in the forward-looking statements. Forward-looking statements may include, without limitation, statements relating to our plans, strategies, objectives, expectations and intentions and are intended to be made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Words such as "believes," "forecasts," "intends," "possible," "estimates," "anticipates," and "plans" and similar expressions are intended to identify forward-looking statements. Our ability to predict projected results or the effect of events on our operating results is inherently uncertain. Forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those discussed in this document. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by which, such performance or results will be achieved. Forward-looking information is based on information available at the time and/or management's good faith belief with respect to future events, and is subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statements. Important factors that could cause such differences include, but are not limited to those described from time to time in the Company's filings with the Securities and Exchange Commission, including without limitation, the Company's Registration Statement filed on Form 10-SB. The Company expressly disclaims any obligation to update any forward-looking statements.

SOURCE: Brekford International Corp.

Brekford International (formerly Tactical Solution Partners) Ryan Kirch, 443-883-8494 ir@tacticalsolutionpartners.com
   or Financial Communications Trilogy Capital Partners Ryon Harms, 800-592-6067 ryon@trilogy-capital.com