Business
SRT signs strategic AIS agreement
SRT signs strategic AIS agreement.
About this update from Srt Marine Systems Plc
[{"type":"text","content":"\n \n SOFTWARE RADIO TECHNOLOGY PLC \n\n SRT signs strategic AIS agreement \n\nSoftware Radio Technology plc (\"SRT\" or the \"Company\") is pleased to announce\nthat it has signed a strategic agreement with an existing customer to develop\nand deliver a new generation of AIS products during 2011.\n\nThe customer is one of the world's top three marine electronics companies and\nSRT will use its new range of AIS technologies to deliver a series of new low\ncost AIS products for this customer. The products will replace the existing\nproducts being supplied to the same customer by SRT and are expected to start\nshipping from September 2011.\n\nAs part of the agreement SRT and the customer have made a commitment to work\nmore closely together to exploit AIS market opportunities.\n\nSimon Tucker, SRT's Chief Executive Officer, said: \"Over the past few years we\nhave formed a close relationship with this customer who is primarily focused on\nthe leisure market. This agreement takes our relationship to a new level for\nthe long term. Using SRT's new range of AIS technologies will ensure that the\ncustomer has a market leading AIS offer within its extensive portfolio of\nmarine electronics.\"\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 \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":3169,"tagName":"div"}]