Business
Orders from Chinese Customers
Orders from Chinese Customers.
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 Orders from Chinese Customers \n\nSoftware Radio Technology plc (\"SRT\" or the \"Company\") is pleased to announce\nthat it has received orders from two Chinese customers totalling US$ 300,000.\n\nThe orders are for SRT's Class B products and are destined to fill demand from\nlocal authorities which are fitting AIS to their fishing fleets.\n\nChina is in the process of building the world's largest AIS network to cover up\nto 550,000 vessels which are planned to be fitted with an AIS device by 2015.\n\nSimon Tucker said, \"Last year we recognised that the China market opportunity\nwas bigger than we expected and took action to broaden our customer base. These\norders are the first we have seen from these new customers and given the market\nopportunity we expect to see more in the future.'\n\n -ends- \n\nEnquiries: \n \nSoftware Radio Technology plc +44 (0)1761 409500\n \nSimon Tucker [email protected]\n \nChief Executive Officer \n \nWesthouse Securities Limited +44 (0)20 7601 6100\n \nTim Feather \n \nMatthew Johnson \n \nLeander PR +44 (0)7795 168 157\n \nChristian Taylor-Wilkinson \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":2819,"tagName":"div"}]