Business
Grant of Export Licences
Grant of Export Licences.
About this update from Srt Marine Systems Plc
[{"type":"text","content":"\n \n SOFTWARE RADIO TECHNOLOGY PLC \n\n GRANT OF EXPORT LICENCES FOR TETRA TECHNOLOGY \n\nThe Directors of Software Radio Technology plc (\"SRT\") are pleased to announce\nthat SRT has been granted export licences by the UK Government in respect of\nthe licensing of its TETRA technology to TCB, HYT and Hisense in China.\n\nAdvanced technology and products such as TETRA are subject to strict export\nlicensing restrictions. SRT has been working closely with the DTI to ensure\nfull compliance with all regulations. The licences enable SRT to complete the\ndelivery of its TETRA technology solution to customers so that they are able to\nenter production of their handsets.\n\nShamus Kelly, SRT's Managing Director said, \"The granting of these licences\nreflects the extremely close relationship we have built with our customers, our\nresponsible approach to the licensing of national security technologies and our\nexpertise in operating in these often difficult areas.\"\n\nSoftware Radio Technology plc 01761 409500\n \nSimon Tucker [email protected]\n \nShamus Kelly [email protected]\n \nWesthouse Securities LLP 0161 838 9140\n \nTim Feather [email protected]\n\nNotes for Editors\n\nAbout Software Radio Technology\n\nSRT is a developer and licensor of digital wireless technology reference\ndesigns that facilitate and fast-track the manufacture of sophisticated digital\ncommunications and tracking/surveillance products for use within the\nprofessional homeland security market.\n\nSRT currently licenses technology solutions for TETRA handsets (communication\ndevices used by professional users such as police & military) and automatic\nidentification systems (AIS) for ships and boats.\n\nAbout TCB\n\nTCB (Tianjin Communication & Broadcast) is a government own company based in\nTianjin, China. The company employs around 5,000 people and develops and\nmanufacturers a variety of electronic products for domestic and international\nmarkets.\n\nAbout HYT\n\nEmploying over 1,000 people with turnover in excess of US$100 million, Shenzen\nHYT Science & Technology Co. Ltd (\"HYT\") specialises in developing,\nmanufacturing and selling professional mobile radio (\"PMR\") products. HYT has\nsupplied countries such as Pakistan and Bangladesh with country-wide analogue\nPMR systems and is positioned to b...