US$665,000 Order received from China

SOFTWARE RADIO TECHNOLOGY PLC ("SRT" or the "Company") US$665,000 Order received from China SRT is pleased to announce that it has received an order worth US$665,000 along with the associated security deposit payment from one of its new Chinese partners. The order is for SRT's Class B module and will be shipped to the customer within the month of April, bringing the total orders received from Chinese based customers to approximately US$800,000 in the last six weeks. Last year SRT announced an evolution of its strategy in China to form more long term strategic partnerships with local companies. The opportunity in China for AIS is significant with a local market worth an estimated US$150 million over the next four years due to the national mandate. Simon Tucker, CEO of SRT, said, "I believe we are starting to see the fruits of our revised strategy for China. Clearly this is a big and challenging market for us, but I feel the combination of our strong local partnerships and our new technologies put us in a strong position to win a significant share of this market. Timing is always an issue, and we have been surprised by the size of this order as this had not been expected so soon. I expect demand from our Chinese customers to remain irregular due to the dynamics of the local market." -ends- Enquiries: Software Radio Technology plc +44 (0)1761 409500 Simon Tucker simon.tucker@softwarerad.com Chief Executive Officer Westhouse Securities Limited +44 (0)20 7601 6100 Tim Feather Matthew Johnson 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.
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