31st Jul 2007 07:02
Westminster Group PLC31 July 2007 31st July 2007 Westminster Group Plc: New Contract Awards Specialist Scanning Equipment to Middle East Governments and Military Westminster Group Plc ('Westminster' or 'the Company'), the AIM listed supplierof system solutions and products to the security, defence, fire protection andsafety markets worldwide, announces that it has secured important new contractawards to supply specialist scanning equipment to three separate government andmilitary clients in the Middle East. The three contracts, which have a combined value of US$542,000, involvesupplying a range of specialist scanning devices and equipment for the detectionof contraband and weapons entering secured buildings. Commenting on the new contract awards, Peter Fowler, Chief Executive ofWestminster Group, added:"These are important new contract wins for the Company, both in terms of revenueand market penetration, and further demonstrate Westminster's growing reputationwithin the region. Westminster's ability to respond rapidly to client requests and bring together arange of equipment to produce effective solutions was a key factor in securingthese contracts and I expect further contract awards to follow". Enquiries: Peter Fowler 01295 756 300Chief Executive - Westminster Group Plc Charlie Cunningham 020 7600 1658JM Finn & Co Tom Cooper/Paul Vann 020 7256 9445Winningtons Financial Notes: Westminster Group Plc is a leader in the supply of system solutions and productsto the security, defence, fire protection and safety markets worldwide. It wasadmitted to the Alternative Investment Market of the London Stock Exchange inJune 2007 at which time it raised approximately £2.5million net of expenses byway of a Placing of 4,537,336 new Ordinary Shares at 67.5pence per share throughJ M Finn & Co Ltd, the Company's nominated adviser and broker. Its market valueat flotation was £10million. Westminster's principal activity is the design, supply and ongoing support ofadvanced technology security solutions. These can range from product onlyassignments, such as the supply of specialised scanners, to the design andimplementation of an integrated system solution such as a border detection andsurveillance system. The majority of its customer base, by value, comprisesgovernments and government agencies, non governmental organisations and bluechip commercial organisations This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Westminster Group