ASLR.L Regulatory News (ASLR)

20 Oct 2005 07:00

Pentagon Protection PLC20 October 2005 For release07.00am20 October 2005 Pentagon Protection plc Trading Update and Contract Gains Pentagon Protection Plc ("Pentagon" or "the Company"), provider of safety andsecurity products for commercial, architectural and automobile glass, announcesthat its Pentagon Filmtek, buildings and flat glass division has achieved recordinvoiced sales in the three months July to September 2005 in excess of £1m. This has included contract gains in Europe, the UK and the Middle East for theretro-fit installation of its FT800 glass containment film and anchoringsystems. The largest of these contracts is for Ares Tower in Vienna, a twin-faced,25-storey glass facade building, requiring enhanced protection for their boltedglazing system as a safety precaution in the event of glass breakage. The totalcontract value of the Ares Tower project is £500,000, of which £300,000 isincluded in the current invoiced sales to September 2005. On schedule forcompletion this month, Pentagon Filmtek has been approached to develop andprovide enhanced glazing safety for other significant projects in Austria. Solar protection works have also been completed during this three month periodfor Nestle UK Ltd at its Croydon-based UK head office to a value of £57,000 andblast protection of glass containment and anchoring worth £30,000 for DHLoffices in Bahrain and Jordan, as part of a worldwide support carried outworldwide for DHL by Pentagon Filmtek. Other Middle Eastern projects include security upgrade works for JumeirahInternational's Emirates Tower, Jumeirah Beach and Burj Al Arab hotels in Dubai,with a contract value of £250,000. Commenting, Alan Nicholl, Group Managing Director, Pentagon Protection plc said: "The level of interest being received for enhanced glazing protection isworldwide and the group has a very healthy order book as we continue to workvery closely with many government agencies, UN missions and British Councilproperties globally. The most recently completed project for British Council wasfor their London Head Office in Trafalgar Square." ENDS For further information, please contact: Pentagon Protection Plc Alan Nichol 020 8749 97 49Graham Bannerman, Chief Executive 020 8749 9749David Thomas, Chairman 020 8749 9749 Seymour PierceSarah Wharry 020 7107 8000 Binns & Co PR LtdPeter Binns 020 7786 9600Ben Knowles 020 7153 1487 This information is provided by RNS The company news service from the London Stock Exchange