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PeerTV Shares Up After Subsidiary Wins Orders With Strauss Water

31st Oct 2013 12:52

LONDON (Alliance News) - Shares in PeerTV rose 20% after it said Thursday that its subsidiary, Digitek SMT Assemblies, had become an approved supplier of Israel-based water company Strauss Water.

Digitek had received orders expected to generate sales of around USD1.5 million on an annual basis, PeerTV said.

Strauss Water is a subsidiary of Strauss Group, a manufacturer of food and beverages.

Peer TV provides technology services for video on demand and printed circuit board products. Its shares were trading up 20% at 3.60 pence Thursday morning.

By Hana Stewart-Smith; [email protected]; @HanaSSAllNews

Copyright 2013 Alliance News Limited. All Rights Reserved.


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