Production orders

RNS Number : 1942G
Sarantel Group PLC
27 June 2012
 



27 June 2012

 

 

Sarantel Group PLC

 

Production orders for two M2M asset tracking applications

 

Sarantel Group PLC (AIM: SLG, 'Sarantel' or 'the Group'), a leading manufacturer of high-performance, miniature filtering antennas for mobile and wireless devices, has received initial production orders for two separate M2M (machine-to-machine) asset tracking applications.

Sarantel's technology was selected for both applications because the omni-directional capability of its GPS antenna enables the M2M device to be attached in any orientation and this greatly reduces installation complexity.

The first application is for an M2M device selected by a major US airline company to track all its cargo shipments in real time to provide customers with real time information on all high value shipments. The second application is for an M2M device selected by a leading US manufacturer of premium commercial vehicles to be embedded in its vehicles, enabling the vehicle owners to track the location of the vehicles and thereby enhancing efficiency. 

Industry analyst Berg Insight estimates that the number of cellular network connections worldwide used for machine-to-machine communication will grow from 108.0 million connections in 2011 at a compound annual growth rate (CAGR) of 27.2 percent to 359.3 million connections in 2016. A significant percentage of these M2M devices will use GPS in order to provide the geographical location.

David Wither, CEO of Sarantel, said:

"We are delighted that our technology has been selected for both these highly innovative products. The location information that GPS provides is becoming increasingly valuable in a growing number of applications. As this trend gains momentum, the requirement for a reliable GPS device that is easy to install is becoming crucial."

 

Enquiries

 

Sarantel Group PLC

01933 670 560

David Wither, Chief Executive Officer


Nicola Malyon, Chief Financial Officer




College Hill

020 7457 2020

Kay Larsen/Rozi Morris




 

 

About Sarantel

Sarantel is a leader in the design of high-performance miniature antennas for portable wireless applications. Sarantel's revolutionary ceramic filtering antennas offer dramatically improved performance over existing antenna designs, resulting in a clearer signal, better range and a 90per cent reduction in the amount of signal radiation absorbed by the body. Because of their smaller size and higher capabilities, Sarantel's antennas enable manufacturers to create innovative wireless products for the GPS, WiMax, Satellite Radio and Satellite phone markets.

 

www.sarantel.com


This information is provided by RNS
The company news service from the London Stock Exchange
 
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