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Completion of Acquisition

15th Dec 2008 07:00

RNS Number : 0997K
Chemring Group PLC
15 December 2008
 



FOR IMMEDIATE RELEASE     15 DECEMBER 2008

CHEMRING GROUP PLC COMPLETES ACQUISITION OF 

NON-INTRUSIVE INSPECTION TECHNOLOGY, INC.

Chemring Group PLC announces that it has successfully completed its acquisition of Non-Intrusive Inspection Technology, Inc. ("NIITEK"), having received the necessary regulatory approvals. The acquisition was first announced on October 2008.

NIITEK, based in VirginiaUSA, is a leading developer of robot and vehicle-mounted mine detection systems incorporating its advanced Ground Penetrating Radar (GPR) and metal detection technologies. 

For further information:

Dr David Price
Chief Executive, Chemring Group PLC
01489 881880
Paul Rayner
Finance Director, Chemring Group PLC
01489 881880
Rupert Pittman
Cardew Group
020 7930 0777

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
ACQFFUESLSASEIE

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