BLOW & DRIVE INTERLOCK CORPORATION (OTCMKTS:BDIC) Files An 8-K Other Events
Item 8.01
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On or around March 1st 2017 we received confirmation from the Lubbock County Community Supervision and Corrections Department that Blow Drive Interlocks BDI-747 Ignition Interlock System has been approved and added to the list of approved vendors. Blow Drive Interlocks BDI-747 is being marketed under our Lubbock County distributor, Texas Interlock LLC, who is the exclusive distributor of the BDI 747 ignition interlock system in that county. The county of Lubbock is a sizeable county in Texas and is home to approximately a quarter million people. Texas is the largest market in the United State for ignition interlock devices. Texas Interlock is one of only six ignition interlock vendors approved by the Texas Community Supervision and Corrections Department. This materially expands BDICs presence and is in keeping with the ongoing expansion activities that the company has been undertaking to expand its market share throughout the state. The County of Lubbocks Community Supervisions and Corrections Department is responsible for maintaining the public and online record of approved ignition interlock devices for the county and its vendor list for services is the key list made available to DUI offenders and the judicial and/or administrative professionals monitoring DUI criminal offenders in the county of Lubbock. The Texas ignition interlock market is estimated to be over $36 million annually. |
About BLOW & DRIVE INTERLOCK CORPORATION (OTCMKTS:BDIC)
Blow & Drive Interlock Corporation manufactures, markets, leases, installs and monitors a Breath Alcohol Ignition Interlock Device (BAIID). The Company has developed BDI-747 Ignition Interlock Device (the BDI-747/1), which is a mechanism that is installed on the steering column of an automobile and into which a driver exhales prior to starting their vehicle. The device in turn provides a blood-alcohol concentration analysis. If the driver’s blood-alcohol content is higher than a certain pre-programmed limit, the device prevents the ignition from engaging and the automobile from starting. These devices are required for use by driving under the influence or driving while intoxicated offenders as part of a mandatory court or motor vehicle department program. The market for the BDI-747/1 Ignition Interlock Device is as a breathalyzer device to be used by persons convicted of a driving under the influence of alcohol. BDI-747/1 is manufactured by its subsidiary, BDI Manufacturing, Inc. BLOW & DRIVE INTERLOCK CORPORATION (OTCMKTS:BDIC) Recent Trading Information
BLOW & DRIVE INTERLOCK CORPORATION (OTCMKTS:BDIC) closed its last trading session up +0.020 at 0.420 with 7,038 shares trading hands.
