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67.50    0.00 (0.00%)
Bid:
65.00
Ask:
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Spread: 5.00 (7.692%)
Market Cap: £9.29m
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Subsidiary Update

6 Jun 2005 07:00

Croma Group PLC06 June 2005 FOR IMMEDIATE RELEASE 6 JUNE 2005 CROMA GROUP PLC ("Croma" or "the Group") CROMA SUBSIDIARY, R&D DESIGN SERVICES LTD., WINS RECOGNITION AT COUNCIL BUSINESS AWARDS AND AS 9100 REV. B CERTIFICATE OF APPROVAL The Board of Croma, the specialists in the design, development and production ofovert and covert surveillance and defence related products, is pleased toannounce that one of its subsidiaries, R & D Design Services Ltd. ("RDDS"), hasbeen awarded two certificates of commendation at the Thanet District Council'sBusiness Awards 2005. The first awarded was in the category of "Thanet Exporter of the Year", whereinRDDS received a "Highly Commended" certificate "In recognition of theOutstanding Contribution made by R&D Design Services to the Economic Prosperityand Employment Opportunities of Thanet". The second certificate was received forthe same accolade in the category of "Medium & Large Business of the Year". RDDS also recently received its AS 9100 Rev. B Certificate of Approval, issuedby Lloyd's Register Quality Assurance Ltd., applicable to the "Design,manufacture, service and repair of electronic equipment for the aerospaceindustry". This prestigious credential demonstrates RDDS's quality assurancecapability in meeting the demands of their aerospace clients. In addition, RDDS has recently moved to a larger manufacturing site to expandits production capacity. The larger facilities will allow RDDS the flexibilityto meet the requirements of expanding production based on anticipated domesticand international sales initiatives. John French, Chairman and Chief Executive stated: "We are delighted with RDDS'sachievements. The recognition they won at the Thanet Business Awards in both theExporter of the Year and Medium & Large Business of the Year categories isindicative not only of their success in the aerospace industry but of theireconomic and social contribution in the Thanet district." He added: "Following the recently issued certificate of approval, proving thecontinued excellence of its service through a nationally accreditedcertification body, current and potential clients can be assured of RDDS'squality of service. RDDS's relocation to a new plant is a significant move andwill ensure the business can continue to expand in anticipation of exciting newgrowth opportunities." --ENDS-- Enquiries: Croma Group plcJohn French, Chairman & Chief Executive Mobile: 07836 722 482 Bishopsgate Communications Ltd. Tel: 020 7430 1600Maxine Barnes Mobile: 07860 489 571Dominic Barretto Mobile: 07930 450 156 Notes to Editors: Listed on the Alternative Investment Market of The London Stock Exchange, CromaGroup plc, the specialists in the design, development, production and marketingof overt and covert surveillance and defence related products, comprises ofthree divisions; namely Croma Defence Systems Ltd, Shawley (a division of CromaDefence) and R&D Design Services Ltd. About RDDS R & D Design Services Ltd, founded in 1991 and based in the UK, has built aleading reputation within the Avionics and Defence Industries for providingproven airborne, maritime and ground-based surveillance solutions to manypolice, search & rescue, military and government organisations at home andabroad. A full range of surveillance monitors utilising the proprietary videoimage enhancement technology pioneered by R & D Design Services has won theconfidence of leading helicopter and fixed wing manufacturers worldwide making R & D Design Services' surveillance monitors the first choice as originalequipment fitted for their demanding end-customers. This information is provided by RNS The company news service from the London Stock Exchange
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