Business
New Contract Awards
New Contract Awards.
About this update from Petards Group Plc
[{"type":"text","content":"\n Petards Group PLC\n12 December 2006\n\n\n\n Petards Group plc ('Petards' or 'the Company')\n\n New Contract Awards\n\nPetards, the AIM listed developer of advanced surveillance systems, announces\nthat it has been awarded significant orders to supply UVMSTM network video\nrecording systems to customers in the USA and in the UK for eyeTrainTM on-board\ndigital CCTV systems. Together these orders are worth approximately £1.2m.\n\n\n\nThe orders from the USA include a further casino development for Choctaw Nation,\nwho have already placed orders worth over $2m, and it is expected that this\nfurther system will be delivered in the first quarter of 2007. In addition, the\nGroup has secured its first order for UVMSTM for a supply into the US rail\nmarket.\n\n\n\nIn the UK Petards has been awarded a contract to supply its eyeTrainTM digital\nCCTV systems to Porterbrook for use on its South West Trains Class 158 and 159\nDMU Fleets. A total of 112 vehicles are to be fitted with internal and forward\nfacing cameras, as part of a franchise commitment to improve staff and passenger\nsafety. It is expected that deliveries of the eyeTrainTM systems will commence\nin March 2007.\n\n\n\nPetards Chief Executive Bill Conn said 'It is very pleasing to secure these\norders for supply to the transport and casino markets, both of which are sectors\nthat we consider to be important in our plans for the future growth of the\nbusiness. The orders from the US will provide us with important reference sites\nin that market and by securing our first contract from Porterbrook we have\nfurther strengthened our position in the UK rail CCTV market.'\n\n\n\nFor further information:\nPetards Group plc\nAndy Wonnacott, Finance Director 01932 788 288\nwww.petards.com\n\n\nParkgreen Communications 020 7493 3713\nBen Knowles 07900 346 978\n\n\n\nEditor's notes:\n\n\n\nPetards' UVMSTM software is a versatile and totally scaleable network management\ntool for the recording, storage and instant retrieval of high volumes of digital\nsurveillance video. It features advanced recording, camera mapping & image\nreplay functions and will form the backbone for any new or existing CCTV system.\nIts flexibility to grow with clients' security requirements ensures their CCTV\nsystems have the ability to expand in the future whilst working over a variety\nof network protoc...