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Pin to quick picksSolid State Regulatory News (SOLI)

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Contract Award

15 Jul 2014 13:12

RNS Number : 3720M
Solid State PLC
15 July 2014
 



 

 

 

15 July 2014

 

Solid State plc

("Solid State" or the "Company")

 

Contract Award

 

Solid State plc (AIM: SSP), the AIM listed supplier of specialist industrial/ruggedised computers, electronic components, antennae, microwave systems and battery power solutions to the electronics market, announces that its largest division, Steatite, has been selected by the Ministry of Justice (MoJ) as the supplier of monitoring hardware for GPS offender tagging.

 

Final contract terms are expected to be agreed by 26 July 2014. It is currently anticipated that Steatite will be supplying initial products to the MoJ by the year end. Further quantities are then expected to be supplied, based on a minimum contract award for a three year period. The contract is not expected to have a significant impact in the current financial year as most deliveries are expected to take place in financial years ending 31 March 2016 and 2017. A further announcement will be made once the contract has been finalised.

 

The Solid State Group is made up of companies with a longstanding engineering heritage and a reputation for innovation. The Group has a track record of supplying Government departments with secure communication systems.

 

 

For further information please contact:

 

Solid State plc

01527 830 630

Gary Marsh - Chief Executive

investor.information@solidstateplc.com

WH Ireland (Nominated Adviser)

0117 945 3470

Mike Coe

Winningtons (Financial PR)

020 3176 4722

Tom Cooper/Paul Vann

0797 122 1972

tom.cooper@winningtons.co.uk

 

 

Notes to Editors:

 

Solid State plc (SSP) is a leading value added group of companies providing specialist design-in and manufacturing services to those acquiring industrial/rugged computing products, battery power solutions, antennas, microwave systems and electronic components for use in harsh environments.

 

Serving niche markets in oil & gas production, medical, construction, security, military and field maintenance, Solid State acts as both a distributor to OEMs and bespoke manufacturer of specialist units to clients with complex requirements.

 

Headquartered in Redditch, Solid State employs over 140 staff across four sites. Solid State operates through two main divisions: Solid State Supplies and Steatite.

 

Solid State was established in 1971 and admitted to AIM in June 1996.

 

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