1st Apr 2010 07:00
SOFTWARE RADIO TECHNOLOGY PLC ("SRT" or the "Company") US$700,000 AIS Class A Order
SRT is pleased to announce that it has received a new order worth US$700,000 for its AIS Class A transceiver product.
The order will be delivered over a period of four months starting from the commencement of Class A volume production in May 2010.
Simon Tucker, CEO of SRT, said, "With this order, we now have a total forward order book of US$2.4m for our new Class A product which we will start delivering to customers during this quarter. As market demand continues to grow, we expect our Class A transceiver to be a strong additional revenue stream and profit driver during the new financial year and beyond."
-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 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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