5 Feb '10
Sisyphus
Hallmark/Brief from interim
10.50
No Opinion
SDS Group Limited SDS has now returned to pre-acquisition levels of activity, with the main driver for this being some very significant contracts with the Metropolitan Police, The Ministry of Defence and the Home Office. These sales relate to SDS's new portable x-ray system, which adopts ground-breaking technology to allow suspect items to be x-rayed at a distance without physical intervention by the operator. This product has caused excitement not only in the UK with SDS's traditional clients, but has attracted sales from as far afield as New Zealand and Trinidad and Tobago. SDS is the sole distributor of this product in the UK, which we believe will attract attention from police forces around the country as well as other commercial organisations in the light of increasing threats to security throughout industry and commerce. SDS also provides maintenance services for this technology, which are likely to generate material revenue streams in the future. In the next few months, further significant contracts with the MOD, Trinidad and Tobago, the UN and Indonesia look likely. Algeria is also an area where effective groundwork and relationship building last year may pay dividends this year.