Receipt of Royalties

6th Jul 2011 07:00

SOFTWARE RADIO TECHNOLOGY PLC ("SRT" or the "Company") Receipt of Royalties

SRT is pleased to announce the receipt of US$525,000 in respect of AIS technology licence royalties. The payment has been received from a long standing customer for the licence of SRT's first generation AIS technology.

The full amount of the payment will be recognised as profit during the first half of the financial year.

Simon Tucker, CEO of SRT, said: "Our technologies and global customer networkcontinue to generate unanticipated opportunities and revenues. This is one suchcase". -ends- Enquiries: Software Radio Technology plc +44 (0)1761 409500 Simon Tucker [email protected] Chief Executive Officer Westhouse Securities Limited +44 (0)20 7601 6100 Tim Feather Matthew Johnson Leander PR +44 (0)7795 168 157 Christian Taylor-Wilkinson About SRT:

Software Radio Technology plc, develops advanced radio communications technologies which are used to create enabling modules and OEM products. SRT Marine Technology Limited focuses on VHF and AIS technologies for use in navigation and homeland security identification and tracking applications. SRT Marine Technology provides its solutions in a variety of module and OEM product formats.

XLON

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