Business
Strategic AIS Agreement signed in South Korea
Strategic AIS Agreement signed in South Korea.
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 Strategic AIS Agreement signed in South Korea \n\nSoftware Radio Technology plc (\"SRT\" or the \"Company\") is pleased to announce\nthat it has signed a strategic distribution agreement with a company in South\nKorea.\n\nThe customer is a well established marine electronics company which will now\nmarket and sell SRT's range of OEM AIS products under its own brand in the\nSouth Korean and other Asian markets.\n\nSimon Tucker, SRT's CEO said: \"South Korea has recently announced a forthcoming\nmandate which may require up to 90,000 vessels to be fitted with an AIS\ntracking device over the next few years. This market therefore offers\nsignificant potential for SRT.\"\n\n -ends- \n\nEnquiries: \n \nSoftware Radio Technology plc +44 (0)1761 409500\n \nSimon Tucker [email protected]\n \nGroup Managing Director \n \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":2368,"tagName":"div"}]