Business
TETRA Licence Agreements
TETRA Licence Agreements.
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 Two TETRA Licence Agreements Signed \n\nSRT is pleased to announce that it has signed two licence agreements in respect\nof its retained TETRA technology portfolio.\n\nSRT is actively marketing its licences for its portfolio TETRA technology on\nthe basis of an upfront cash fee plus ongoing royalties. Upon granting of the\nlicence, SRT has no further liabilities or support obligations.\n\nSimon Tucker, Group Managing Director said, \"We are one of the few companies in\nthe world to own a complete, approved and proven TETRA handset solution. The\nTETRA market is growing strongly, prices are high and competition is limited\ndue to the high technological barriers to entry. With this background, we\nbelieve that our technology, which enables companies to enter the market\nquickly with a low level of risk, will prove to be an attractive proposition.\nThis would generate an additional income stream for SRT without any significant\nassociated cost.\"\n\n -ends- \n\nEnquiries: \n \nSoftware Radio Technology plc +44 (0)1761 409500\n \nSimon Tucker [email protected]\n \nGroup Managing Director \n \nHanson Westhouse 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":2660,"tagName":"div"}]