12/24/2004 - Scottsdale-based homeland defense contractor Aegis Assessments Inc. (OTCBB: AGSI) announced that it has partnered with Government Capital Corp. to provide financing to fire departments, police departments, airports, cities, counties and other municipal agencies for their procurement of the Aegis SafetyNet(TM) RadioBridge(TM).
Public safety agencies often face budgetary constraints when attempting to acquire essential equipment. Addressing this issue, Aegis President Richard Reincke said: "Providing first responders with an option to lease or finance our products has been one of our marketing goals. Government Capital Corporation specializes in financing public safety equipment and will offer our end-users a flexible, cost-effective way to procure our products while maintaining control of their budgets."
A major problem for first responders is the absence of interoperable radio equipment. In emergency situations, local law enforcement, fire departments and emergency medical personnel often are in a situation where they are equipped with handheld radios that cannot communicate with one another because they are operating on different frequencies or use different modulation schemes. The SafetyNet(TM) RadioBridge(TM) solves this problem by interconnecting incompatible radios and bridging them beyond their normal capabilities to provide immediate radio interoperability at an emergency site.
About Government Capital Corp.
Government Capital Corp., with headquarters in Southlake, Texas, works with hundreds of manufacturers, vendors, distributors and suppliers nationwide. With thousands of clients in the public and private sectors, Government Capital Corp. has the experience required to improve closing percentages of municipal sales. Government Capital's origination and placement expertise has enabled it to document and close thousands of transactions in 48 states and territories. These transactions include tax-exempt municipal leases, commercial operating leases and private debt financings.
About Aegis Assessments Inc.
Through the SafetyNet(TM) line of products, Aegis provides wireless security solutions to public safety agencies and commercial security companies for homeland security and life-safety applications. Integrating emergency and life-safety systems available to the public and private sectors is the new challenge in homeland security that the company's products and technologies address.
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