SOFTWARE RADIO TECHNOLOGY PLC
GRANT OF EXPORT LICENCES FOR TETRA TECHNOLOGY
The Directors of Software Radio Technology plc ("SRT") are pleased to announce
that SRT has been granted export licences by the UK Government in respect of
the licensing of its TETRA technology to TCB, HYT and Hisense in China.
Advanced technology and products such as TETRA are subject to strict export
licensing restrictions. SRT has been working closely with the DTI to ensure
full compliance with all regulations. The licences enable SRT to complete the
delivery of its TETRA technology solution to customers so that they are able to
enter production of their handsets.
Shamus Kelly, SRT's Managing Director said, "The granting of these licences
reflects the extremely close relationship we have built with our customers, our
responsible approach to the licensing of national security technologies and our
expertise in operating in these often difficult areas."
Software Radio Technology plc 01761 409500
Simon Tucker simon.tucker@softwarerad.com
Shamus Kelly shamus.kelly@softwarerad.com
Westhouse Securities LLP 0161 838 9140
Tim Feather tim.feather@westhousesecurities.com
Notes for Editors
About Software Radio Technology
SRT is a developer and licensor of digital wireless technology reference
designs that facilitate and fast-track the manufacture of sophisticated digital
communications and tracking/surveillance products for use within the
professional homeland security market.
SRT currently licenses technology solutions for TETRA handsets (communication
devices used by professional users such as police & military) and automatic
identification systems (AIS) for ships and boats.
About TCB
TCB (Tianjin Communication & Broadcast) is a government own company based in
Tianjin, China. The company employs around 5,000 people and develops and
manufacturers a variety of electronic products for domestic and international
markets.
About HYT
Employing over 1,000 people with turnover in excess of US$100 million, Shenzen
HYT Science & Technology Co. Ltd ("HYT") specialises in developing,
manufacturing and selling professional mobile radio ("PMR") products. HYT has
supplied countries such as Pakistan and Bangladesh with country-wide analogue
PMR systems and is positioned to be able to sell TETRA products to existing and
new customers through its local and international network of dealers.
About Hisense
Hisense is a government owned company based in Qingdao, China. The company
employs over 10,000 people and manufacturers a variety of electronic products
for domestic and international markets.