For the nine months ended
Commenting on corporate performance,
Additionally, customer demonstrations of our new HSE 6000 have been conducted in several countries. The HSE 6000 is a low-cost, battery-powered, body-worn headset radio encryptor for public safety personnel. The HSE 6000 interoperates with TCC's widely deployed DSP 9000 military radio encryption system, enabling secure communications between public safety and military field and base command units. The HSE 6000 has several derivative forms that are being considered for research and development investment in 2014.
Also, as previously announced in
The Company began pursuing OEM technical partnerships in 2012, which continue to develop albeit at a slower pace than originally projected. TCC believes that the resulting products will be embedded proprietary encryption solutions that will significantly enhance the value of the OEMs' products and allow TCC encryption to be carried to the market by major equipment providers.
Escalating turmoil around the world presents both significant opportunities and challenges to TCC. The threat of terrorism increases the demand for security products that provide both strategic and tactical benefits, and are readily available. At the same time, political disruptions cause unpredictable and erratic delays in the processing of procurements and delivery of products. The combined effects present a situation that challenges both our sales capture teams and our production capabilities. The Company believes these market conditions will provide sufficient opportunities to build a successful future. About Technical Communications CorporationFor over 50 years, TCC has specialized in superior-grade secure communications systems and customized solutions, supporting our CipherONE® best-in-class criteria, to protect highly sensitive voice, data and video transmitted over a wide range of networks. Government entities, military agencies and corporate enterprises in 115 countries have selected TCC's proven security to protect their communications. Learn more: www.tccsecure.com.
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