Inova Secures Two Contracts Valued at $1.37 Million
July 22 2009 - 5:14PM
PR Newswire (US)
SANTA MONICA, Calif., July 22 /PRNewswire-FirstCall/ -- Inova
Technology (Pink Sheets: INVA), through its subsidiary Desert
Communications, has executed two new contracts with Midland
Independent School District totaling over $1,374,000. The agreement
is for network electronics and installation. The project is fully
funded by a combination of funds from the Federal Government's
Erate program and the funds from the school district itself. Work
on the project is expected to commence in September 2009 and be
completed during the 2009-2010 school year. "We are thrilled to be
able to win this project and assist Midland ISD to improve their IT
infrastructure and look forward to developing future projects
together. Additionally, we have a pipeline of other similar
opportunities and we are working very hard to secure as many
opportunities as possible," said CEO, Mr. Adam Radly. About Inova
Technology Inova Technology, Inc. (INVA) is an enterprise level
Information Technology solutions provider specializing in providing
RFID solutions, wireless networking, storage and security
technology solutions and IT professional services. Our objective is
to implement and optimize solutions for our clients with best of
breed technology and the best possible service. INVA has two
complementary business units, one providing RFID solutions and the
other providing network solutions. For more information please
visit the company website at: http://www.inovatechnology.com/ or
contact our Investor Relations Firm, Issuers Capital Advisors, LLC
at 480-366-5930 or . Safe Harbor Statement under the Private
Securities Litigation Reform Act of 1995: Except for historical
information, the forward-looking matters discussed in this news
release are subject to certain risks and uncertainties which could
cause the Company's actual results and financial condition to
differ materially from those anticipated by the forward-looking
statements including, but not limited to, the Company's liquidity
and the ability to obtain financing, the timing of regulatory
approvals, uncertainties related to corporate partners or
third-parties, product liability, the dependence on third parties
for manufacturing and marketing, patent risk, copyright risk,
competition, and the early stage of products being marketed or
under development, as well as other risks indicated from time to
time in the Company's filings with the Securities and Exchange
Commission. The Company assumes no obligation to update or
supplement forward-looking statements that become untrue because of
subsequent events. DATASOURCE: Inova Technology, Inc. CONTACT:
Investor Relations, Issuers Capital Advisors, LLC, +1-480-366-5930,
Web Site: http://www.inovatechnology.com/
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