SOFTWARE RADIO TECHNOLOGY PLC
("SRT" or the "Company")
US$1.8 million order received
SRT is pleased to announce that it has received an order for AIS OEM products
worth US$1.8 million, together with the required upfront deposit.
The order was placed by an existing EU based customer and will be delivered in
batches prior to 31 December 2011.
Simon Tucker, CEO of SRT, said, "Whilst we are pleased that SRT is receiving
regular orders from our customers, the quantum of this order demonstrates that
there are increasingly significant market opportunities arising for our
customers for which our growing range of products are ideally suited."
-ends-
Enquiries:
Software Radio Technology plc +44 (0)1761 409500
Simon Tucker
Chief Executive Officer simon.tucker@softwarerad.com
Westhouse Securities Limited +44 (0)20 7601 6100
(Nominated Adviser and Joint Broker)
Tim Feather
Matthew Johnson
Cenkos Securities plc (Joint Broker) +44 (0)20 7397 8900
Andy Roberts
Leander PR +44 (0)7795 168 157
Christian Taylor-Wilkinson
About SRT:
Software Radio Technology plc, develops advanced radio communications
technologies which are used to create enabling modules and OEM products. SRT
Marine Technology Limited focuses on VHF and AIS technologies for use in
navigation and homeland security identification and tracking applications. SRT
Marine Technology provides its solutions in a variety of module and OEM product
formats.