Business
AIS Agreement Signed
AIS Agreement Signed.

About this update from Srt Marine Systems Plc
[{"type":"text","content":"\n \n SOFTWARE RADIO TECHNOLOGY PLC \n\n (\"SRT\" or the \"Company\") \n\n AIS Agreement Signed \n\nSoftware Radio Technology plc (\"SRT\" or the \"Company\") is pleased to announce\nthat it has entered into an agreement with Koden Electronics Co Ltd (\"Koden\")\nof Japan to supply AIS equipment (the \"Agreement\").\n\nUnder the terms of the Agreement SRT will supply a mixture of AIS modules and\nOEM products to enable Koden to develop its own range of AIS products. Koden is\nan international marine electronics company based in Japan with an established\nglobal sales network primarily targeting commercial vessels.\n\nSimon Tucker, SRT CEO said, \"We are delighted to have entered into this\nagreement with Koden and look forward to a long and mutually beneficial\nrelationship. Koden is a large and well known provider of commercial marine\nelectronics with an extensive international sales network which will now\nbenefit from the addition of a complete range of AIS equipment. This agreement\ngives SRT direct access to the large Japanese market, where it is estimated\nthat approximately 100,000 vessels are expected to fit an AIS device in the\nfuture as well as extending our existing global sales channel network.\"\n\n -ends- \n\nEnquiries: \n \nSoftware Radio Technology plc +44 (0)1761 409500\n \nSimon Tucker [email protected]\n \nGroup Managing Director \n \nWesthouse Securities Limited +44 (0) 20 7601 6100\n \nTim Feather \n \nMatthew Johnson \n\nAbout SRT:\n\nSoftware Radio Technology plc, develops advanced radio communications\ntechnologies which are used to create enabling modules and OEM products. SRT\nMarine Technology Limited focuses on VHF and AIS technologies for use in\nnavigation and homeland security identification and tracking applications. SRT\nMarine Technology provides its solutions in a variety of module and OEM product\nformats.\n ","length":2862,"tagName":"div"}]