August 30, 2000 |
Electronics maker Motorola Inc. said Tuesday it agreed to acquire Printrak International Inc. for $160 million in cash, gaining a maker of software that will improve fire and police dispatching on Motorola's two-way radios. Motorola said it will pay $12.14 for each share of Printrak stock, up 3.3% from Printrak's closing price Tuesday. But the offer represents a premium of about 35% over the stock price in the last two months.
August 16, 2000
Printrak International Inc., Anaheim supplier of fingerprint identification and information systems, said it has received a $4.3-million contract to provide computer-aided dispatch and other services to the Oakland Police Department.
July 27, 2000 |
Printrak International Inc. posted lower earnings for the first fiscal quarter Wednesday and named a new president. Daniel Crawford is replacing Richard Giles, who remains chairman and chief executive of the Anaheim supplier of network software that manages government records. Crawford was promoted from executive vice president. Printrak reported that first-quarter profit fell 29% to $1.2 million, or 9 cents a share, from $1.7 million, or 15 cents a share, a year ago.
June 6, 2000
Directors of Printrak International Inc. authorized the repurchase of up to 1 million shares of stock, funding the buyback from cash reserves that now stand at $15 million. Printrak, an Anaheim maker of network software that manages government records, has 11.8 million shares outstanding. Its stock gained $1 a share to close at 8.19 a share. (Dow Jones)
May 25, 2000
The Anaheim supplier of fingerprint identification and information systems posted net income of $2.3 million, or 18 cents a share, for the fiscal fourth quarter, up nearly 28% from $1.8 million, or 15 cents a share, a year earlier. Revenue for the three months ended March 31 increased 8% to $28.2 million. For the year, net income increased 52% to $7.9 million, or 64 cents a share, from $5.2 million, or 44 cents a share, the previous year. Revenue rose 27% to $109.9 million.
May 24, 2000 |
Printrak International Inc. in Anaheim said Tuesday that it received a $22-million contract from the Western Australia Police Service to provide a computerized dispatch system. Printrak said the system features mobile computing and automatic vehicle location capabilities. The Western Australian Police jurisdiction covers the Perth metropolitan area and has about 1.3 million residents.