TETRA Contract

SOFTWARE RADIO TECHNOLOGY PLC TETRA TECHNOLOGY LICENCE AGREEMENT The Directors of Software Radio Technology plc ("SRT") are pleased to announce that SRT has signed a TETRA technology licence agreement with an established OEM manufacturer of professional mobile radio products in Taiwan. The customer will use SRT's reference design to create a TETRA handset which is expected to be launched into the market in late 2006. SRT will be paid a licence and product development support fee, which is payable in stages against milestones during the development of the customer's handset, plus a royalty on every unit manufactured in accordance with its standard business model. The contract is mutually exclusive in respect of Taiwan and is intended to form the basis of a long term partnership. Simon Tucker, SRT's Commercial Director said: "This agreement is an important development for SRT. The key to success for our TETRA business is for our customers to supply as large a proportion of the end user market as possible, thereby generating substantial royalties for SRT. Entering into an agreement with an OEM manufacturer enables SRT to reap the benefit of the established sales channels of the OEM's customers, who will be addressing the market with their established brands. As with all our customers, SRT will work closely with the customer to deliver an international standard TETRA handset in the form required." 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 Tavistock Communications 020 7920 3166 Christian Taylor-Wilkinson 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.
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