10 October 2012
PipeHawk plc
("PipeHawk" or the "Company")
QM Systems signs major contract
QM Systems, a subsidiary of PipeHawk has secured a major contract with a
leading global off highway equipment manufacturer to deliver a turnkey
production line, with an aggregate contract value of £1.1 million. The project
will see QM Systems deliver a turnkey automated production line for the
manufacture of transmission assemblies to one of the customer's UK facilities.
The project will be delivered during 2012/13 financial year.
Gordon Watt, Chairman of the PipeHawk Group comments "This is a major
achievement by QM Systems and further cements its position as one of the UK's
leading providers of turnkey assembly and test systems. Over the last 18 months
QM Systems has established a particular blend of technical and management
skills to offer a truly world class turnkey capability to major bluechip
clients."
Enquiries:
PipeHawk Plc Tel. No. 01252 338 959
Gordon Watt (Chairman)
MerchantSecurities Limited(Nomad) Tel. No. 020 7628 2200
David Worlidge/Simon Clements
FinnCap (Broker) Tel. No. 020 7220 0569
Charlotte Stranner
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