SOFTWARE RADIO TECHNOLOGY PLC
("SRT" or the "Company")
US$750,000 new AIS Orders Received
Software Radio Technology plc ("SRT" or the "Company") is pleased to announce
that in the last week it has received new orders for its AIS Class A product
worth a total of US$750,000.
The orders are follow-on orders from existing customers and are destined for
various markets around the world over the next three months.
National mandates around the world continue to create demand for all types of
AIS. Earlier this year SRT added a Class A product to its established range of
other AIS devices, thereby enabling it to meet the requirements of any market.
In parallel SRT has continued to invest in its core technologies, developing a
new AIS architecture which will facilitate the significant cost and size
reduction of AIS products for the benefit of its customers and end users whilst
also improving SRT's profit margins.
Simon Tucker, SRT's Chief Executive Officer, said: "The global AIS market
continues to grow and, as evidenced by this and other orders, our products and
customers are being well received."
-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
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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