14th Jan 2008 07:00
Timestrip PLC14 January 2008 TIME.L Timestrip plc ("Timestrip") Further success with global consumer product company Timestrip plc is delighted to announce that it has received an order to supplyits unique Timestrip technology to another leading global consumer productscompany. The deal involves the integration of the Timestrip into a new mass-marketproduct that will be launched later this year in North America under one of thecompany's household brand names. Confidentiality restrictions prevent the disclosure of the nature of the productor the identity of the customer until the product is officially launched;however the deal is expected to generate revenues for Timestrip of at least$100,000 during 2008 through the supply of products required for the initiallaunch. Reuben Isbitsky, Joint CEO, Timestrip plc, said: "We are delighted to be introducing our unique technology to yet another globalconsumer product company and look forward to disclosing more details closer tothe product launch. We are particularly encouraged that the customer selectedTimestrip after an extensive technology search and as a result of positiveconsumer feedback." For more information, please contact: Paul Freedman, Joint CEO, Timestrip plc 01462 440 700Shane Dolan, Biddicks 020 7448 1000Fergus Marcroft, Evolution Securities 020 7071 4300 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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