Business
Repeat Orders
Repeat Orders.
About this update from Time Finance Plc
[{"type":"text","content":"\n Timestrip PLC\n28 February 2008\n\n\nTIME.L\n\n Timestrip plc ('Timestrip' or 'the Company')\n\n Repeat Orders and New Applications\n\nThe Company is pleased to announce that it has received follow-on orders from\nleading domestic appliance manufacturer Whirlpool Europe. These orders pertain\nto the use of Timestrips in two new applications, which are to be introduced\ninto their markets during the course of 2008. Further details of the products\nwill be disclosed closer to market launch.\n\nThese orders are further evidence of a successful ongoing commitment by both\ncompanies to explore opportunities to introduce the technology to a wider range\nof products sold by Whirlpool both in Europe and worldwide.\n\nFurthermore, the Company recently received repeat orders from the manufacturer\nof the Dry-Brik II desiccant (drying agent) that is incorporated in the\nDryandStore Hearing Aid Conditioning System. Products were first shipped in June\n2007 for a product launch in September 2007.\n\nThe combined value of these orders exceeds £65,000.\n\nPaul Freedman: 'Following on from our recent announcement of contract wins with\nnew customers, these repeat orders demonstrate that existing customers are\nbenefiting from their adoption of the Timestrip technology. We are particularly\npleased to see some customers extending the use of Timestrip in to other product\nlines. These trends support our confidence that our single-use smart label\ntechnology has the ability to generate long term sustainable revenues for the\nCompany.'\n\n\nFor more information, please contact:\n\nPaul Freedman, Joint CEO, Timestrip plc 01462 440 700\nShane Dolan, Biddicks 020 7448 1000\nFergus Marcroft, Evolution Securities 020 7071 4300\n\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":2058,"tagName":"div"}]