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£7million, 6 Year Contract Win

2 Apr 2012 07:00

RNS Number : 5308A
Quadnetics Group PLC
02 April 2012
 



 

For Immediate Release 2 April 2012

Quadnetics Group plc

("Quadnetics" and or the "Group")

 

£7million, 6 Year Contract Win

 

Nuclear Reactor Sites Throughout Britain

 

Quadnetics Group PLC, a leader in the design, integration and control of advanced surveillance technology, networked security systems and strategic security solutions, is pleased to announce a new contract win with an overall potential value of up to £7 million over a 6 year period.

 

The Group has been awarded a major contract by Magnox Limited for the service and maintenance of integrated security systems at the majority of their nuclear reactor sites throughout England, Wales and Scotland.

 

Quadnetics will provide and maintain a wide range of complex and integrated security systems at Magnox sites which are still generating electricity and also at those currently undergoing decommissioning.

 

John Shepherd, Chief Executive Officer of Quadnetics, commented:

"We are delighted to announce this major contract award which highlights the continuing success of our strategy of creating complex surveillance systems, increasingly differentiated to serve the needs of the specialist customer sectors we target - critical infrastructure, transport and hazardous areas."

 

For further information, please contact:

 

Quadnetics Group plc

Tel: +44 (0) 1527 850080

 

John Shepherd, Chief Executive

 

Email: john.shepherd@quadnetics.com http://.quadnetics.com

 Westhouse Securities Limited

Tel: +44 (0) 207 601 6100

 Tom Griffiths

 Buchanan

Tel: +44 (0) 207 466 5000

 Tim Anderson/Sophie Cowles

 Email:tima@buchanan.uk.com

 

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