Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

AGM Statement

3rd Feb 2006 07:00

Sarantel Group PLC03 February 2006 Embargoed until 7:00 3 February 2006 Sarantel Group PLC AGM Statement At today's Annual General Meeting of Sarantel Group PLC ("Sarantel"), the ChiefExecutive, David Wither, will make the following statement: "Trading in the financial year to date is in line withthe management's expectations, with the exception of the satellite radio orderdelay announced on 20 December 2005. The company has shipped small numbers of units in relation to this order butvolume shipment dates remain to be confirmed. Sarantel intends to provide a further trading update following the 31 March 2006half year end." For further information please contact: Sarantel Group PLC www.sarantel.comDavid Wither, CEO/Sitkow Yeung, CFO 01933 670560 ------------------Arbuthnot 020 7012 2102Richard DunnSmithfield 020 7360 4900Sara MusgravePictures are available for the media to view and download from www.vismedia.co.uk--------------------------------------------------------------------------------- About Sarantel Sarantel designs, manufactures and sells patented, ceramic, filtering antennasfor use in portable wireless devices such as PDAs, laptops and 3G mobiledevices. These antennas solve a performance impairment problem, that is faced byconventional antennas, by reducing the amount of energy that is absorbed intothe body by approximately 90 per cent. The Sarantel technology thereforeprovides a stronger and clearer signal to enable better product performance andalso more attractive product styling. In April 2005, Sarantel announced an agreement with TomTom to supply itsGeoHelix GPS antenna for use in TomTom's newest navigation solutions, TomTomMOBILE 5 for mobile phones and TomTom NAVIGATOR 5 for PDAs. The GPS receiver isso sensitive it can be placed in a pocket or bag, without line of sightrequired, ensuring reliable reception in urban areas or next to the body.As well as GPS, Sarantel's antennas can service Wi-Fi, 3G, satellite radio, andBluetooth platforms that are expected to be a key element in the future successof mobile network operators and device manufacturers. This information is provided by RNS The company news service from the London Stock Exchange

Related Shares:

UK Oil & Gas
FTSE 100 Latest
Value8,275.66
Change0.00