Bulova Technologies Group, Inc. Provides Update October 15, 2009
TAMPA, Fla.--(BUSINESS WIRE)--Bulova Technologies Group, Inc. (Pink Sheets: BLVT - News) (“BulovaTech” or “the Company”) announced today that it has adopted September 30th as its fiscal year end. The Company’s primary business is defense contracting, and September 30 coincides with the end of the government’s fiscal year.
The Company’s accountants are proceeding to complete the work needed to bring the Company’s filings current by the end of the calendar year.
The Company also announced that the contract award previously announced on September 28, 2009 has been revised from $39,500,000 to $41,100,000.
Please visit our website at www.BulovaTechGroup.com for more information.
About Bulova Technologies Group, Inc.
Headquartered in Clearwater Florida, Bulova Technologies Group, Inc. operates two facilities, Bulova Technologies Ordnance Systems in Mayo, FL and BT Manufacturing Company in Melbourne, FL. The headquarters also houses BulovaTech Labs, Inc. and Bulova Technologies Combat Systems Company which is a world leader in the international sale of military vehicles, weapons and munitions in support of the U.S. Department of Defense.
Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management.
Contact:
Bulova Technologies Group, Inc.
Beverly Mercer, 727-451-6560