YOUNGSVILLE,Law Enforcement Associates (LEA) Corp. has reported an increase in quarterly and yearly revenues as it continues to get contracts for its under vehicle inspection (UVI) system.

The surveillance and security technology company posted revenues of $2.5 million for the fourth quarter of 2003, a 38 percent increase over revenues of $1.2 million for the fourth quarter of 2002.

For the year, Youngsville-based LEA Corp. also saw revenues increase, from $5.9 million in 2002 to $6.1 million for 2003.

The company landed additional UVI system contracts during the fourth quarter with the U.S. Military and the Kingdom of Saudi Arabia. Saudi Arabia has been attacked several times in recent months by terrorists using car bombs. U.S. and Allied forces in Iraq also deal with security threats on a daily basis.

LEA developed UVI in conjunction with the military, following the Kabar Towers’ bombing in Saudi Arabia that killed 19 American service men in 1996.

Now in its second generation, the UVI system is deployed in more than 900 locations worldwide, including military bases, nuclear facilities, embassies, government installations, oil refineries, and United Nations and NATO locations.

In 2003, LEA says it committed significant resources to new product development aimed at opening additional market opportunities in 2004, including enhancements to its UVI system to better handle harsh desert climates and freezing temperatures.

“We are excited by the progress made in 2003,” said Paul Feldman, president of LEA Corp. “In addition to enhancing our existing products, we made strategic investments in new technology that we believe will further our growth opportunities here and abroad. We plan to continue this trend in 2004 and expect to invest where necessary to provide the best possible security and surveillance products to our growing worldwide customer base.”

LEA Corp.: