Silynxcom Secures Three Orders from Law Enforcement in Germany and Switzerland
September 05 2024 - 8:15AM
Silynxcom Ltd. (NYSE American: SYNX) (“Silynxcom” or the
“Company”), a manufacturer and developer of ruggedized tactical
communication headset devices, announces the three new orders
through its European distribution partners. Two of the orders are
from repeat law enforcement end users in Switzerland. The other
order is from a regional police end user in Germany, which is a new
end user for the Company’s products and may be a source of future
orders in the future. These orders represent growing demand for
Silynxcom’s advanced communication solutions from security agencies
and law enforcement across Europe, tailored to meet a wide range of
operational needs.
The orders include a diverse range of
Silynxcom's cutting-edge products, designed to enhance situational
awareness and communication efficiency in high-stress environments.
These solutions are integral to operations that require reliable
communication tools capable of performing under the most
challenging conditions. The newly secured orders represent a broad
commitment to equipping security forces with the latest tactical
communication technology, ensuring that they remain ahead in
responding to evolving threats and when encountering operational
challenges.
Nir Klein, Chief Executive Officer of Silynxcom,
stated “Winning these new orders is a testament to our technology's
ability to meet the varied needs of security and law enforcement
agencies. Our products are designed with the end user in mind,
ensuring maximum effectiveness in the field. We are proud to
continue our mission to support these critical operations with
reliable and innovative communication solutions.”
These orders mark an important step in
Silynxcom’s ongoing expansion in the European market, reinforcing
the Company's reputation as a trusted provider of advanced
communication systems for tactical environments. As Silynxcom
continues to innovate, it remains committed to delivering solutions
that offer unparalleled performance and reliability for security
professionals worldwide.
About Silynxcom Ltd.
Silynxcom Ltd. develops, manufactures, markets,
and sells ruggedized tactical communication headset devices as well
as other communication accessories, all of which have been
field-tested and combat-proven. The Company’s in-ear headset
devices, or In-Ear Headsets, are used in combat, the battlefield,
riot control, demonstrations, weapons training courses, and on the
factory floor. The In-Ear Headsets seamlessly integrate with third
party manufacturers of professional-grade ruggedized radios that
are used by soldiers in combat or by police officers in leading
military and law enforcements units. The Company’s In-Ear Headsets
also fit tightly into the protective gear to enable users to speak
and hear clearly and precisely while they are protected from the
hazardous sounds of combat, riots or dangerous situations. The
sleek, lightweight, In-Ear Headsets include active sound protection
to eliminate unsafe sounds, while maintaining ambient environmental
awareness, giving their customers 360° situational awareness. The
Company works closely with its customers and seek to improve the
functionality and quality of the Company’s products based on actual
feedback from soldiers and police officers “in the field.” The
Company sells its In-Ear Headsets and communication accessories
directly to military forces, police and other law enforcement
units. The Company also deals with specialized networks of local
distributors in each locale in which it operates and has developed
key strategic partnerships with radio equipment manufacturers.
Forward-Looking Statements
This press release contains “forward-looking
statements” within the meaning of the “safe harbor” provisions of
the Private Securities Litigation Reform Act of 1995 and other
federal securities laws and are subject to substantial risks and
uncertainties. Forward-looking statements contained in this press
release may be identified by the use of words such as “anticipate,”
“believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,”
“seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,”
“target,” “aim,” “should,” "will” “would,” or the negative of these
words or other similar expressions, although not all
forward-looking statements contain these words. For example, the
Company uses forward-looking statements when it discusses: that it
may receive more orders in the future; the belief that these orders
reflect the ability of the Company to service security and law
enforcement agencies through its technology; that these orders mark
an important step in the Company’s ongoing expansion in the
European market; and that the Company is committed to delivering
solutions that offer unparalleled performance and reliability for
security professionals worldwide. Forward-looking statements are
based on Silynxcom’s current expectations and are subject to
inherent uncertainties, risks and assumptions that are difficult to
predict. Further, certain forward-looking statements are based on
assumptions as to future events that may not prove to be accurate.
These and other risks and uncertainties are described more fully in
the section titled “Risk Factors” in the Company’s Annual Report on
Form 20-F for the year ended December 31, 2023 filed with the U.S.
Securities and Exchange Commission (the “SEC”) on April 30, 2024,
and other documents filed with or furnished to the SEC which are
available on the SEC’s website, www.sec.gov. The Company
cautions you not to place undue reliance on any forward-looking
statements, which speak only as of the date they are made. The
Company undertakes no obligation to update these statements for
revisions or changes after the date of this release, except as
required by law.
INVESTOR RELATIONS CONTACTS:
Michal Efraty IR Manager ir@silynxcom.com
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