Henry Bros. Electronics, Inc. Announces Expansion Into Central Texas

FAIR LAWN, N.J., Sept. 8 /PRNewswire-FirstCall/ -- Henry Bros. Electronics, Inc. (Nasdaq: HBE - News), a turnkey provider of technology-based integrated electronic security solutions, announced today that it is expanding its presence in Texas, with a specific focus on the San Antonio, Austin and South Texas markets. Henry Bros. currently maintains offices in the Dallas and Houston areas. To support this expansion, the Company has recruited a new Senior Sales Executive, Richard Zuniga, with a mandate to focus on the convergence of physical and IT security. Zuniga's appointment took effect on September 1, 2009. Henry Bros. has maintained a consistent presence in the Texas security market for more than 14 years, and recently bolstered its leadership in this market with the appointment of John Noble as Vice President and General Manager of the Company's Southern Region in September 2008. Zuniga will report directly to Noble.John Noble, Vice President and General Manager Southern Region, commented, "Bringing Richard on board to spearhead our Central Texas expansion is the right move at the right time. Henry Brothers has viewed the San Antonio/Austin/South Texas markets as ripe for expansion for some time, and we have slowly built the relationships and created the operational infrastructure to make this a reality. Richard is very familiar with the market and brings with him strategic relationships that are sure to speed our progress. I am happy to welcome him to our team and confident that we will soon begin to see solid retur...
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VidSys and Henry Bros. Electronics, Inc. Announce VAR Partnership

VIENNA, VA--(Marketwire - 10/13/09) - VidSys, the leading provider of Physical Security Information Management (PSIM) software that allows organizations to resolve business and security situations in real time, today announced its partnership with Henry Bros. Electronics, Inc. (NASDAQ:HBE - News). This agreement will allow the companies to jointly address growing opportunities in the building, large enterprise, public sector, ports and power infrastructure protection and security markets. "We are very pleased to be partnered with an industry leader such as VidSys as a value-added reseller, and look forward to deploying its PSIM solution as a critical component of our deliverable," said David Fitzgerald, vice president, business development, Henry Bros. Electronics, Inc. "Our technical staff and resources complement the superior nature of the VidSys solution -- the combination of proven performance and reputation represents a significant value for customers seeking to secure their infrastructure."VidSys and Henry Bros. Electronics, Inc. will focus their attention on the commercial market including public agencies, transportation, health care and chemical facilities as well as on the challenges presented by campus security and power and port authority protection. Henry Bros., a turnkey provider of technology-based integrated electronic security solutions, provides services and emergency preparedness consultation to commercial enterprises and government agencies. In conjunction with VidSys, and its industry-leading Open PSIM Plat...
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Henry Brothers Electronics, Inc. to Participate in ASIS 55th Annual Seminar & Exhibits

FAIR LAWN, N.J., Sept. 17 /PRNewswire-FirstCall/ -- Henry Bros. Electronics, Inc. (Nasdaq: HBE - News), a turnkey provider of technology-based integrated electronic security solutions, today announced that it will be exhibiting at the ASIS International 55th Annual Seminar & Exhibits being held from Sept. 21 - 24, 2009 at the Anaheim Convention Center in Anaheim, CA. The company will be located in booth 423. ASIS International's Annual Seminar & Exhibits is widely consider the most comprehensive educational and networking event in the security industry, and is attended by more than 22,000 security professionals from across the industry and around the world. With 11 national offices, and a significant presence in Fullerton, CA, Henry Bros. is in a unique position to showcase its numerous service offerings, including Chemical Facility Anti-Terrorism Standards ("CFATS") risk assessment, and site security planning. Representatives from the Company will be on hand to answer any questions about its offerings. If you are interested in arranging a meeting with Henry Bros. at ASIS, please contact Susan Crane at 201-794-6500.About Henry Bros. Electronics, Inc.Henry Bros. Electronics (Nasdaq: HBE - News...
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Henry Bros. Electronics Becomes Augusta Systems Reseller

MORGANTOWN, W.Va., Nov. 3 /PRNewswire/ -- Augusta Systems, Inc., a provider of technologies that power the intelligent convergence of devices, systems and networks, and Henry Bros. Electronics, Inc. (Nasdaq: HBE - News), a turnkey provider of technology-based integrated electronic security solutions, today announced that they have signed a reseller agreement. Through the agreement, Henry Bros. Electronics will utilize and resell Augusta Systems EdgeFrontier, a complete middleware platform for building and managing complex monitoring, control and automation solutions. "Augusta Systems EdgeFrontier powers the intelligent convergence of data from diverse sources, making it the ideal platform for security systems integration," said Patrick Esposito, president and chief executive officer of Augusta Systems. "The capabilities of EdgeFrontier combined with the expertise of Henry Bros. Electronics provide clients with new opportunities for advanced security deployments, including integrated security and building management solutions."Through the reseller agreement, EdgeFrontier will provide Henry Bros. Electronics and its clients with a simplified platform for the integration of diverse devices and systems, as well as for remote, localized event or policy-based processing of data and events, which pushes intelligence beyond the data center and throughout the network infrastructure. These capabilities eliminate the need for custom interface development and allow for enhanced information management."We are pleased to offer our cli...
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Henry Bros. Electronics, Inc. Awarded Ronald Reagan Washington National Airport Intrusion Detection System Contract

FAIR LAWN, N.J., Oct. 26 /PRNewswire-FirstCall/ -- Henry Bros. Electronics, Inc. (NASDAQ: HBE - News), a turnkey provider of technology-based integrated electronic security solutions, today announced that it has contracted with the Metropolitan Washington Airports Authority to provide airport security technology for Ronald Reagan Washington National Airport. Henry Bros.' Mid-Atlantic team will partner with Senstar, an industry leader in perimeter security solutions, and Dominion Contracting and IST, which are local Washington, DC based contractors. The contract award is valued at just under three quarters of a million dollars. Jim Henry, CEO of Henry Bros. Electronics, commented, "We are very happy to be working with the Ronald Reagan Washington National Airport. Our team of professionals has almost six decades of experience and we have put together a strong team in our Mid-Atlantic region over the last 2 years. This team has proven its ability to deliver the highest quality and most cost-effective services possible, on budget, and on time. Along with our important partners, we plan to work diligently to ensure the successful execution of this important project."About Henry Bros. Electronics, Inc.Henry Bros. Electronics (NASDAQ: HBE - ...
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Henry Bros. Electronics, Inc. To Report Third Quarter 2009 Results on November 12, 2009

FAIR LAWN, N.J., Nov. 3 /PRNewswire-FirstCall/ -- Henry Bros. Electronics, Inc. (Nasdaq: HBE - News), a turnkey provider of technology-based integrated electronic security solutions, today announced that it plans to release its third quarter results for fiscal 2009 on November 12, 2009, before the market opens. Henry Bros. Electronics' Chairman and Chief Executive Officer, James Henry, Chief Financial Officer, John P. Hopkins, and President and Chief Operating Officer, Brian Reach, will host a conference call at 11 a.m. ET on November 12, 2009, to discuss the financial results and latest corporate developments.The Company invites you to participate on the call at the following number and conference code:(888) 562-3356 (Domestic)(973) 582-2700 (International)Conference code: 39871791A replay of the call will be available from 11/12/2009 at 12 p.m., ET, through 12/12/2009 at 11:59 p.m., ET. To access the replay, please call (800) 642-1687 in the United States or (706) 645-9291 outside the United States. To access the replay, users will need to enter the following code: 39871791.About Henry Bros. Electronics, Inc.Henry Bros. Electronics (Nasdaq: HBE - ...
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Henry Bros. Electronics, Inc. Reports Third Quarter 2009 Results

FAIR LAWN, N.J., Nov. 12 /PRNewswire-FirstCall/ -- Henry Bros. Electronics, Inc. (Nasdaq: HBE - News), a turnkey provider of technology-based integrated electronic security solutions, today announced results for the third quarter ended September 30, 2009. The Company reported revenue of $12.1 million for the three months ended September 30, 2009, representing a slight decrease from revenue of $12.3 million for the same period a year ago. This decline is due principally to the protracted credit freeze and economic downturn which is having a significant negative impact on construction markets and capital spending patterns of commercial businesses. Partially offsetting this decline was an increase in revenue resulting from the Company's agreement with a division of L-3 Communications, which is part of L-3's project for the U.S. Marine Corp. Systems Command to deliver a Tactical Video Capture System ("TVCS"). TVCS is used for real-time visualization and situational awareness while Marine units are conducting military operations in urban terrain training exercises.The Company reported a net loss of $357,382 or $0.06 per diluted share, for the third quarter ended September 30, 2009, compared to net income of $210,782, or $0.04 per diluted share, in the comparable period of 2008. The Company's net loss is principally the result of the reduction in revenue, pressure on gross profit margins and the costs associated with the investment in a larger sales staff.Revenue for the nine-month period ended Sept...
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Q3 2009 Henry Bros. Electronics, Inc. Earnings Release - Before Market Open

Earnings Announcements for Thursday, November 12CompanySymbolTimeConferenceCall3i Group plcIII.LBefore Market Open3SBIO INCSSRXAfter Market CloseListenA.D.A.M., Inc.ADAMTime Not SuppliedListenA2A SpAA2A.MITime Not SuppliedAcciona, S.A.ACXIF.PKBefore Market OpenACSM S P AACS.MITime Not SuppliedADDUS HOMECARE CORPADUSBefore Market OpenListenAdvanSource Biomaterials CorporationASBTime Not SuppliedADVANTAGE OIL & GAS LTDAAVAfter Market CloseAECOMACMBefore Market OpenListenAEFFE SPAAEF.MITime Not SuppliedAEGON N.V.AEGOF.PK01:30 am ETAFC Enterprises, Inc.AFCEAfter Market CloseListenAG GROWTH INTL INCAFN.TOBefore Market OpenAir Transport Services Group, Inc.ATSGTime Not SuppliedListenAldila, Inc.ALDAAfter Market CloseALEO SOLAR AG...
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HENRY BROS. ELECTRONICS, INC. Financials

PERIOD ENDING30-Sep-0930-Jun-0931-Mar-0931-Dec-08Total Revenue12,109  13,972  15,308  19,065  Cost of Revenue9,087  10,082  11,086  13,836  Gross Profit3,022  3,890  4,222  5,229  Operating ExpensesResearch Development -   -   -   -  Selling General and Administrative3,452  3,692  3,871  3,817  Non Recurring -   -   -   -  Others -   -   -   -  Total Operating Expenses -   -   -   -  Operating Income or Loss(430)198  351  1,412  Income from Continuing OperationsTotal Other Income/Expenses Net25  5  20  25  Earnings Before Interest And Taxes(405)203  371  1,437  Interest Expense57  100  66  62  Income Before Tax(462)103  306  1,375  Income Tax Expense(105)48  139  650  Minority Interest -   -   -   -  Net Income From Continuing Ops(357)55  166  726  Non-recurring EventsDiscontinued Operations -   -   -   -  Extraordinary Items -   -   -   -  Effect Of Accounting Changes -   - ...
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HENRY BROS. ELECTRONICS, INC. Files SEC form 10-Q, Quarterly Report

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations OVERVIEW We are an established leader in the electronic physical security industry, specializing in integrated security systems and emergency preparedness. Our operations are divided into two business segments - Security System Integration ("Integration") and Specialty Products and Services ("Specialty"). The Integration segment provides "cradle to grave" services for a wide variety of security, communications and control systems. The Company specializes in turn-key systems that integrate many different technologies. Systems are customized to meet the specific needs of its customers. Through the Specialty segment we provide emergency preparedness programs, and specialized radio frequency communication equipment and integration. Each of the Company's segments markets nationwide with an emphasis in Arizona, California, Colorado, Maryland, New Jersey, New York, Texas and Virginia. Customers are primarily medium and large businesses and governmental agencies. The Company derives a majority of its revenues from project installations and, to a smaller extent, maintenance service revenue. OUR VISION AND STRATEGY Our vision is to maintain our leadership position in security technology. We intend to do this in part by: · Providing advice on product selection and system design; · Examining and thoroughly testing each security product as it would be set up for use in our customers' facilities; and, · Using only systems and components that are reliable and efficient to use. In addition to growing the business organically, we have been actively pursuing the strategic acquisition of synergistic integrators and specialty products and service companies to further fuel steady growth. Consistent with our expansion strategy, we acquired seven companies since August of 2002. To finance our acquisitions, we have used a comb...
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