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Pin to quick picksPetards Regulatory News (PEG)

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9.50    0.00 (0.00%)
Bid:
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Spread: 1.00 (11.111%)
Market Cap: £5.77m
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Contract win

29 Oct 2009 07:00

RNS Number : 5581B
Petards Group PLC
29 October 2009
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Petards Group plc ("Petards")

Contract award

Petards, the AIM quoted developer of advanced security and surveillance systems, announces that it has secured an order to supply Automatic Number Plate Recognition ("ANPR") cameras to be fitted on a new fleet of traffic cars for one of the Gulf State police forces.

The order, which is worth over Β£0.5m, will result in each of the new cars having Petards Hawk Plus 2i and Mini HawkΒ 2iΒ cameras integrated into the light bars providing a 360Β° reading capability which will automatically read passingΒ number plates,Β alerting police officers of any illegal, stolen or wanted vehicles.

Deliveries of the cameras are expected to commence towards the end of this year and be completed early in 2010.

The high recognition rates and reliability of Petards' cameras are major factors in customers' selection process and this has resulted in them being fitted extensively both in theΒ UKΒ and internationally.

Petards Chief Executive Bill Conn said "Gaining this order is excellent newsΒ forΒ Petards andΒ demonstrates the growingΒ international reputationΒ ofΒ our ANPR cameras. While historically theΒ UKΒ has led the way in ANPR technology,Β customers in other markets areΒ rapidlyΒ coming to understandΒ the benefits of these advanced surveillance systems. During 2009 weΒ have beenΒ seeing aΒ growth in opportunities overseas andΒ weΒ expect this to developΒ furtherΒ in the coming years."

For further information:

Petards Group plc

www.petards.com

Bill Conn, Chief Executive

Andy Wonnacott, Finance Director

Tel: 0191 420 3000

Collins Stewart Europe Limited

Piers Coombs,Β Stewart Wallace

Tel: 020 7523 8350

Walbrook PR Limited

Tel: 020 7933 8787

Paul McManusΒ 

Mob: 07980 541 893

paul.mcmanus@walbrookpr.com

This information is provided by RNS
The company news service from the London Stock Exchange
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CNTEAEENADKNFEE
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