DRI Corporation Announces U.S. Order for Digital Recorders Engineered Systems

* Reuters is not responsible for the content in this press release.

Thu Apr 22, 2010 9:05am EDT

* Value Exceeds $1.5 Million
* Directly Related to U.S. Stimulus Funding Projects

DALLAS--(Business Wire)--
DRI Corporation (NASDAQ: TBUS), a digital communications technology leader in
the global surface transportation and transit security markets, announced today
that its Digital Recorders, Inc. subsidiary in Durham, N.C., has received an
order valued at more than $1.5 million from a U.S. transit authority located in
the Southeast. 

David L. Turney, the Company`s Chairman and Chief Executive Officer, said:
"Shipment is expected to commence in second quarter 2010 and to conclude in
fiscal year 2010. This order, which reflects our end-customer`s confidence in
our Digital Recorders engineered systems, is significant to our fiscal year 2010
business plans and continued technology development. The order also is directly
related to U.S. stimulus funding projects." 

Products ordered include: Talking Bus automatic voice announcement systems;
Digital Recorders automatic vehicle location and tracking systems; OTvia
real-time passenger information systems; and PASS passenger advisory sign
systems. Providing transit system operators with timely information regarding
vehicle operation, location and security, these products also help transit
passengers quickly obtain travel information for a more user-friendly travel
experience. 

ABOUT THE DIGITAL RECORDERS, INC. SUBSIDIARY

Digital Recorders, Inc. designs, manufactures, sells, and services intelligent
transportation solutions for the U.S. transit industry. Products include:
Digital Recorders computer-aided dispatch/automatic vehicle location systems;
Digital Recorders automatic vehicle monitoring systems; Talking Bus automatic
voice announcement systems; Digital Recorders vandal-resistant, hands-free
driver microphones; VacTell video actionable intelligence systems, and more.
Digital Recorders, Inc., a DRI Corporation subsidiary established in 1983, is
based in Durham, N.C. For more information, visit www.digitalrecorders.com. 

ABOUT THE COMPANY

DRI Corporation is a digital communications technology leader in the global
surface transportation and transit security markets. Our products include:
TwinVision and Mobitec electronic destination sign systems, Talking Bus voice
announcement systems, Digital Recorders Internet-based passenger information and
automatic vehicle location/monitoring systems, and VacTell video actionable
intelligence systems. Our products help increase the mobility, flow, safety, and
security of people who rely upon transportation infrastructure around the globe.
Using proprietary hardware and software applications, our products provide
easy-to-understand, real-time information that assists users and operators of
transit bus and rail vehicles in locating, identifying, boarding, tracking,
scheduling, and managing those vehicles. Our products also aid transit vehicle
operators in their quest to increase ridership and reduce fuel consumption, as
well as to identify and mitigate security risks on transit vehicles. Positioned
not only to serve and address mobility, energy conservation, and environmental
concerns, our products also serve the growing U.S. Homeland Security market. For
more information about the Company and its operations worldwide, go to
www.digrec.com. 

FORWARD-LOOKING STATEMENTS

This press release contains "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995. In particular, statements
concerning the timing and amount of new orders or their expected delivery and
installation dates, the potential benefit such orders may have on our ongoing
operations, our belief that these recent orders reflect confidence in and market
acceptance of our products, together with any statement, express or implied,
concerning future events or expectations, is a forward-looking statement. Use of
words such as "expect," "fully expect," "expected," "appears," "believe,"
"belief," "plan," "anticipate," "would," "goal," "potential," "potentially,"
"range," "pursuit," "run rate," "stronger," "preliminarily," etc., is intended
to identify forward-looking statements that are subject to risks and
uncertainties, including the risk that the assumptions behind the product order,
delivery and installation are incorrect, that we have misperceived the market
acceptance of our products, as well as other risks and uncertainties set forth
in our Annual Report on Form 10-K filed April 15, 2010, particularly those
identified in Risk Factors Affecting Our Business. There can be no assurance
that any expectation, express or implied, in a forward-looking statement will
prove correct or that the contemplated event or result will occur as
anticipated.

DRI Corporation Contact:
Veronica B. Marks
Vice President, Corporate Communications and Administration
Phone: (214) 378-4776
Fax: (214) 378-8437
E-Mail: ir@digrec.com



Copyright Business Wire 2010

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