Information  X 
Enter a valid email address

TG21 PLC (TGP)

  Print      Mail a friend       Annual reports

Friday 10 June, 2005

TG21 PLC

Distribution Agreement


Embargoed Release: 07:00hrs Friday 10 June 2005

                                   TG21 plc                                    

                        (`the Company' or `the Group')                         

                        Inforad distribution agreement                         

TG21 plc is pleased to announce that its wholly owned subsidiary, Toad (UK)
Ltd, has signed an exclusive distribution agreement with Inforad Ltd for the
sale of the Inforad Speed Camera Warning Device ('Inforad') throughout the
United Kingdom. Furthermore, the company is delighted to report that initial
launch sales of the unit have been extremely encouraging and include initial
orders in excess of 10,000 units from major high street retailers Woolworths
and Maplins.

The Inforad unit uses GPS technology in conjunction with regularly updated
database information to plot speed camera locations and the vehicle's speed
relative to the appropriate speed limit to aid the improvement of road safety
by highlighting known accident hotspots. It is believed to be the lowest cost
unit on the market retailing at £79.99. Importantly, the devices' lack of
dependence on laser or radar detection technology means it will not contravene
the proposed Road Safety Bill.

Toad (UK) Ltd has also secured a four year license for the database of speed
camera locations for which Inforad users will pay an annual or lifetime
subscription fee to access after their initial 12 months of complementary usage
expires.

For more information see: www.gpsinforad.co.uk

For enquiries please contact:

Peter Ward

Chairman, Toad Group plc

Wilson Jennings

Finance Director, Toad Group plc

Tel: 020 8710 4000

Andrew Tan

Hansard Communications

Tel: 020 7245 1100