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Clients' Success Stories
EFJ, Inc. - Corporate and Product Valuation
Strategy; Increases Stock Price by Over 400 Percent
By aggressively positioning its subsidiary as an affordable, reliable
alternative to the market leader, EFJ, Inc. stock price by more
than 400 percent and its EFJohnson subsidiary increased sales by
50 percent.
Financial mismanagement in the mid-1990s led to NASDAQ’s
delisting EFJ, Inc., holding company for EFJohnson (a provider of
wireless communications solutions to homeland security and first
responder markets) and Transcrypt International (a wireless encryption
firm). New management was tasked with fiscal recovery and improved
brand awareness.
Strategic’s counsel:
- Establish EFJohnson as a viable player in the federal market
for Project 25 compliant wireless solutions to increase sales
and corporate valuation for EFJ, Inc.
- Position EFJohnson as a solid, affordable, dependable competitor
to Motorola, the market leader
- Use Strategic Network of Relationships? to introduce EFJohnson
business development executives to government systems integrators
- Build credibility with investors, buyers and influencers regarding
change in EFJ, Inc.’s business strategy
An integrated public relations and business development program
was launched, including messaging and positioning, news releases,
media relations, industry analyst communications, product promotion
(advertising, trade shows), and executive visibility/thought leadership
(bylines and speaking opportunities). This was combined with introductions
by Strategic to government systems integrators, to identify contract
opportunities through channel relationships
After an 18-month PR campaign, EFJ, Inc. has increased sales by
50 percent to $60M while share price has skyrocketed by more than
400 percent.
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