8th May 2014 10:58
LONDON (Alliance News) - Shares in SerVision PLC rose 34% Thursday after it said that it had inked a new distribution agreement with Live Video USA Inc to distribute its video gateway products in the US and Canada.
SerVision develops and manufactures digital security systems.
Under the agreement, Live video will be able to distribute SerVision's products until the end of 2015. It has committed to an order schedule of six purchase orders worth USD4.0 million, SerVision said.
Shares in SerVision were trading up 34% at 3.18 pence Thursday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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