Business
US$500,000 AIS Class A Order Received
US$500,000 AIS Class A Order Received.
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 US$500,000 AIS Class A Order Received \n\nSoftware Radio Technology plc (\"SRT\" or the \"Company\") is pleased to announce\nthat it has received a new order worth US$500,000, together with the required\ninitial payment, from an existing customer for its recently launched AIS Class\nA transceiver.\n\nSRT's AIS Class A product was launched earlier this year and commenced\nproduction and deliveries in May. The global demand from both commercial and\nleisure segments for AIS continues to grow with mandates requiring a mixture of\nboth Class A and Class B products.\n\nSimon Tucker, SRT's Chief Executive Officer said: \"This order demonstrates the\ncontinuing success of our customers with our products in the growing global AIS\nmarket. In addition, our operations team is making strong progress in ramping\nup production with our manufacturing partner to ensure we meet our customers'\nneeds.\"\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\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":2596,"tagName":"div"}]