RELM Wireless Corp. (NYSEMKT:RWC) is an interesting microcap company that engages in the design, manufacture, and marketing of wireless communications products in the United States and internationally. Its products include two-way land mobile radios, repeaters, base stations, and related components and subsystems. Importantly, the company competes against Motorola Solutions, Inc. (NYSE:MSI), the industry giant in the land mobile radio industry. MSI controls the lion's share of the $9 billion market for radios and infrastructure equipment. In order to be successful, RELM simply needs to find additional customers who will consider suppliers beyond Motorola Solutions and a handful of other big companies that compete in the industry, which include Harris Corporation (NYSE:HRS) and Raytheon Company...
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