CEO Expects Growth and Expansion in a Letter to Shareholders
Los Angeles, California, June 11, 2018 (GLOBE NEWSWIRE) -- BLOW & DRIVE INTERLOCK CORP. ( OTCQB : BDIC )
Dear BDIC Shareholders;
Blow and Drive Interlock Corp is setting some ambitious goals for the new products we have launched in 2018. I am pleased to say that 2018 saw BDIC bring to market 4 new products in addition to our state of the art BDI-747 BAIID. We believe that the new products we have launched in 2018 have uniquely positioned the Company and the brand for long-term success.
I would like to thank all of our shareholders for their continued support of the Company. We greatly appreciate the confidence you place in BDIC’s business model, management, and mission. As we move forward, I believe we will continue to capitalize on our momentum and create increased shareholder value especially from our planned expansion of more products into more states.
2018 has been and will continue to be a busy year for BDIC. Expect to see Blow & Drive Interlock expand into new States while growing our sales of interlock leases, ankle brackets and security camera products.
Blow & Drive Interlock continues to position itself as a state of the art provider of criminal offender monitoring equipment and we are continuing to develop a Marijuana Ignition Interlock and look forward to the day legislation passes to make this a viable product as well.
In closing, we believe that with our superior equipment, new products and excellent customer service we are uniquely positioned to acquire a larger percentage of the criminal offender monitoring space market share. Again, we thank all our shareholders for their continued support and look forward to an exciting and prosperous second half of 2018.
Laurence Wainer CEO
Blow & Drive Interlock Corp (BDIC) based in Los Angeles, California, is a publicly traded company that manufactures, distributes and leases its’ Ignition Interlock Device Model# BDI-747, ankle brackets and security camera products in multiple States. The BDI-747 is a state of the art ignition interlock device approximately the size of a smartphone. The ignition interlock device requires the driver to exhale into the device prior to starting the vehicle. This prevents the vehicle from starting if the driver’s blood-alcohol content exceeds a predetermined set level. Interlocks may be required for use by DUI or DWI (“driving under the influence” or “driving while intoxicated”) offenders as part of their mandatory court or motor vehicle department program.
The individual subject to the court or motor vehicle order pays for the installation/removal and monthly lease of the ignition interlock device. The Company provides monitoring of the device at predetermined intervals according to state guidelines. Data is collected and made available to the appropriate authorities for review. The data shows all breath tests performed and/or missed tests as well as any attempt to bypass or circumvent the system.
FORWARD-LOOKING DISCLAIMER This report may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of mentioned company to be materially different from the statements made herein.
Contact: Blow & Drive Interlock www.blowanddrive.com 877-238-4492