5th Jul 2007 07:00
Ultra Electronics Holdings PLC05 July 2007 Embargoed until 0700 5 July 2007 Ultra Electronics Holdings plc ("Ultra" or "the Group") ULTRA TO ACQUIRE CANADIAN BATTLESPACE IT COMPANY TELEMUS Ultra's Tactical Communications Systems business, based in Montreal, Quebec,announces that it has agreed to acquire Telemus Inc. Telemus is an establishedOttawa-based company specialising in the supply of Intelligence, Surveillanceand Reconnaissance (ISR) and Electronic Countermeasures (ECM)/Electronic Warfare(EW) systems. Telemus has sold its products and systems in Canada, Asia andEurope. Telemus, which employs 11 people at its facility in Kanata, Ontario (nearOttawa) will be integrated into Ultra's Tactical Communication Systems business,which is part of the Group's Tactical & Sonar Systems division. Terms of the purchase are not disclosed but the acquisition will be financedusing Ultra's existing facilities. Douglas Caster, Chief Executive of Ultra Electronics, commented:"I am very pleased to have acquired Telemus. With its strong growth potential inthe ISR and EW areas, it is an excellent addition to the broad range of Ultra'sbattlespace IT specialist activities." - Ends - Enquiries: Ultra Electronics Holdings plc 020 8813 4321Douglas Caster, Chief Executive www.ultra-electronics.comAndy Hamment, Group Marketing Director [email protected] Weber Shandwick Financial 020 7067 0700Susan Ellis / Louise Robson Notes to editors: Ultra Electronics is a group of specialist businesses designing, manufacturingand supporting electronic and electromechanical systems, sub-systems andproducts for defence, security and aerospace applications worldwide. Ultra, which employs 3,000 people in the UK and North America, focuses on highintegrity sensing, control, communication and display systems with an emphasison integrated information technology solutions. The Group concentrates onobtaining a technological edge in niche markets, with many of its products andtechnologies being market leaders in their field. Ultra's products and services are used on aircraft, ships, submarines, armouredvehicles, surveillance systems, airports and transport systems around the world.Ultra also plays an important role in supporting prime contractors byundertaking specialist system and sub-system integration using the combinedexpertise of the Group businesses. Ultra is organised into three divisions as follows: Aircraft & Vehicle Systems including miniature airborne compressors; highintegrity software and systems; aircraft system electronics; aircraft cockpitindicators; aircraft noise and vibration control systems; airframe protectionsystems, armoured vehicle electronic information and control systems; human/computer interface equipment and shared working environment solutions. Information & Power Systems including command and control systems equipment;weapons interfacing electronics; radar tracking; electro optical tracking;surveillance systems; naval data processing and distribution; airport andairline information management systems; ID card systems; naval power conversion;signature management of naval vessels; transit system power conversion andcontrol. Tactical & Sonar Systems including secure tactical line-of-sight radio systems,multiplexers and switches; voice communication systems; tactical data links;cryptographic equipment; active, passive and multi-static sonobuoys; sonobuoyreceivers and processors; distributed surveillance sensor arrays; ship's sonarsystems; acoustic countermeasure systems and ship's torpedo defence systems. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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