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Trading Update

12 Aug 2013 07:00

RNS Number : 4293L
PeerTV PLC
12 August 2013
 



PeerTV PLC

("PeerTV" or the "Company")

Trading Update: Confirmation of Increase in Significant Order by Digitek

The board of PeerTV (AIM:PTV), a provider of technology solutions for the OTT (TV over the internet) market and PCB (printed circuit board) production solutions, wishes to update the market that its subsidiary company, Digitek SMT Assemblies, has received confirmation that the Purchase Order referred to in its trading update of 1st August 2013 has been increased to approximately $1 million.

The order has been placed by a newly acquired customer, based in Israel, which is a designer and supplier of advanced medical and control systems. The order is scheduled for delivery by the end of 2013.

Commenting on the confirmation of the enlarged order, Eitan Yanuv, the Chairman of PeerTV, said: "The Digitek team is making strong progress in capturing new customers and tailoring its offering to meet current market conditions. With larger scale projects such as this, we are investing in new equipment enabling Digitek to increase production capacity and the scope of assembly services it can offer."

Further enquiries:

PeerTV Plc

Eitan Yanuv, Chairman +972 974 07315

Libertas Capital Corporate Finance Ltd

Thilo Hoffmann/Sandy Jamieson +44 (0) 203 697 9499

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