‘EFJ’ replaces ‘Transcrypt International’ as top-line corporate name
Transcrypt International, Lincoln, NE, changed its name on June 13 to EFJ. The change reflects the identity of EFJ’s land mobile radio equipment manufacturing subsidiary, E. F. Johnson Company.
Founded by Edgar F. Johnson in Waseca, MN, in 1923, E. F. Johnson has its headquarters there. John and Vonnie Kuijvenhoven founded Transcrypt International in 1979. In 1997, and by then a public company headed by John Conners, Transcrypt International purchased E. F. Johnson from Weksel, Davies & Company, a private investment company that had acquired it in 1992.
On Monday, June 17, shares of EFJ will trade on the OTC Bulletin Board under the symbol EFJI. The name change required no re-issue of outstanding stock certificates. E. F. Johnson does about 80% of EFJ’s business. The other portion of EFJ’s business provides communications encryption products and services. Formerly known as the Secure Technologies Division, that part of the business now will take the Transcrypt International name.
If the change seems at all confusing, it simply points out the importance that the company places on its land mobile radio business.
“The new corporate identity and organization more clearly reflect the company’s position in two related but distinct businesses. The move underscores our commitment to build upon the established EFJohnson brand name in the land mobile radio marketplace,” said Michael E. Jalbert, EFJ’s chairman.
E. F. Johnson provides wireless communications products and systems for public safety, commercial, and government customers. It designs, manufactures and markets conventional and trunked radio systems, land mobile radio repeaters and mobile and portable radios, including Project 25 digital radio products.
Transcrypt International designs and manufactures information security products that prevent the unauthorized interception of sensitive voice and data communications.