SOFTWARE RADIO TECHNOLOGY PLC
Receipt of Marine orders worth US$2.2 million
The Directors of Software Radio Technology plc ("SRT" or the "Company"), the
AIM-quoted provider of digital wireless communications technology and product
solutions, are pleased to announce the expansion of its Marine division's
customer base and the receipt of orders worth US$2.2 million.
The orders are for the Company's AIS Class B PCA and OEM product solutions. It
is expected that some of the orders will be shipped within the current
financial year, however the majority are expected to be delivered during the
first quarter of the next financial year.
Confidentiality prevents the release of the customers' names. However, they are
focused on specific niche markets where AIS is being used for a variety of
commercial and homeland security applications.
Neil Peniket, Managing Director of SRT's Marine division, said; `Our evolving
range of AIS product solutions provide companies with a risk free, high quality
route into these markets. We are careful to select our customers and are
delighted to have formed long term partner relationships with these particular
customers and to have received their first orders.'
Enquiries:
Software Radio Technology plc 01761 409500
Simon Tucker
Managing Director
Hanson Westhouse Limited 0113 246 2610
Tim Feather
CityRoad Communications 07947 186694
Paul Quade
About SRT:
Founded in 1987 and quoted on AIM in 2005, SRT develops and provides core
wireless technology and product solutions for homeland security communication
and maritime identification and tracking applications. SRT's solutions enable
its customers to enter these markets quickly and without risk. The Company has
a worldwide customer base from which it earns a combination of support and per
product revenues.