Hallmark/Brief from interim5 Feb 2010 20:02
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.