Science & Technology
Science and Technology
Science and Technology
Mon, May 10, 2010
Sun, May 9, 2010
Sat, May 8, 2010
Fri, May 7, 2010 
STERLING, VA--(Marketwire - May 7, 2010) - Sutron Corporation (
The largest international contract awarded to Sutron, about $550,000, is to provide a "Glacier Lake Outburst Flood Early Warning System in the Punakha-Wangdi Valley" in the Kingdom of Bhutan. Sutron will provide and install in strategic, nearly inaccessible sites a system of two-way communications based on the Iridium Global Satellite Communications Network. The new Early Flood Warning System is necessary to monitor flows in the Valley. Environmental events detected by the remote Sutron stations will trigger the system to turn on 17 sirens, providing warning for 17 communities in the Valley.
During April the Kingdom of Bhutan also awarded an additional small contract to Sutron to provide four water level and automatic weather stations using GPRS modems for communications.
Last month Sutron received Work Orders of about $250,000 from the South Florida Water Management District to provide professional engineering services. Another Work Order of about $160,000 was received in April as well from the U.S. Bureau of Reclamation (IDIQ Contract announced April 2009) to provide software services.
Bookings to date for the year are $5,849,657. With backlog as of December 31, 2009, of $11,908,000 plus the 2010 year-to-date bookings, that together total about $17,758,000, Sutron is on track to have another record year.
The statements in this press release that relate to future plans, events or performance are "forward-looking statements" within the meaning of the Private Securities Litigation Act of 1995. Forward-looking statements include without limitation any statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "should" and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. Factors that may cause actual results to differ materially from those in the forward-looking statements include those set forth in our filings with the SEC, including the disclosure under the heading "Business" and "Management's Discussion and Analysis" in the Company's Annual Report on Form 10-K filed on March 31, 2009. We are under no obligation to update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
