Cohort Regulatory News (CHRT)

3 Mar 2008 07:01

Cohort PLC03 March 2008 3 March 2008 SEA starts work on a European Space contract worth £12M Cohort plc, a leading independent technical services business, is pleased toannounce that one of its subsidiary companies, SEA, has been authorised by theGerman satellite prime contractor EADS Astrium GmbH, to proceed with work on anew contract that is expected to be worth circa £12M for the development andsupply of the BroadBand Radiometer (BBR) instrument of the EarthCARE satellite. SEA's BBR team, which has been working together for some time leading up to thisaward, is predominantly UK-based and includes the Rutherford Appleton Laboratory(RAL) and Sula. SEA also has a smaller role on another of EarthCARE's instruments, the CloudProfiling Radar, which is being supplied for the mission by the Japanese SpaceAgency. EarthCARE is the third of the European Space Agency's Earth Explorer CoreMissions and is aimed at improving the understanding of interactions betweenclouds, aerosols and radiation - three factors believed to be important in theunderstanding of global warming. The BroadBand Radiometer will serve to confirmthe radiated energy estimates which will be derived from the profiles of cloudsand aerosols measured by the other instruments. Nick Prest CBE, Chairman of Cohort plc, commented: "This is another terrific winand underlines SEA's strategic commitment to establish itself as an important UKsupplier of spacecraft instruments." ENDS For further information, please contact Cohort plc 014 9184 3150Simon Walther, Finance Director Investec 020 7597 5970Michael Ansell Hogarth Partnership Limited 020 7357 9477Julian Walker, Andrew Jaques, Vicky Watkins Notes to Editors: Cohort plc (www.cohortplc.com) is a technology group working primarily fordefence (air, land and sea), wider government and industry clients, throughthree market-facing subsidiary companies: • MASS (www.mass.co.uk) - a specialist defence and aerospace systems developer focused mainly on Electronic Warfare, Information Systems, Managed Services and Secure Communications. Acquired by Cohort in August 2006 for an initial consideration of £12.5m. • SCS (www.scs-ltd.co.uk) - primarily an independent defence consultancy, combining technical expertise with practical experience and domain knowledge. • SEA (www.sea.co.uk) - an advanced surveillance systems and software house with hardware development capability operating in the defence, space, transport and offshore market sectors. Acquired by Cohort in October 2007 for an initial consideration of £20.7m. Cohort (AIM: CHRT) was admitted to London's Alternative Investment Market inMarch 2006. It has its headquarters in Oxfordshire and, through its operatingcompanies, employs in total around 450 staff there and at bases in Bristol,Cambridgeshire, Oxfordshire, Lincolnshire and Somerset. This information is provided by RNS The company news service from the London Stock Exchange