14th Jul 2010 07:00
SOFTWARE RADIO TECHNOLOGY PLC US$2.1 million AIS Orders Received
Software Radio Technology plc ("SRT" or the "Company") is pleased to announce that it has received additional new orders for its AIS products worth a total of US$2.1 million.
The orders have been received from various existing customers addressing markets around the world. The units are all expected to be delivered during the current financial year.
As at 13 July 2010, SRT's forward order book for products which are expected to be delivered in the current financial year was US$5.7 million.
Simon Tucker, SRT's Chief Executive Officer said: "We continue to work hard to support our customers through the continued development of new technologies and products as well as reliable delivery and support. These orders reflect the rapidly growing global AIS market. We are working with our customers to maximise the opportunities that their respective sales channels offer."
-ends- Enquiries: Software Radio Technology plc +44 (0)1761 409500Simon Tucker [email protected] Executive Officer Westhouse Securities Limited +44 (0)20 7601 6100Tim Feather Matthew Johnson 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.
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