Last checked at 10 Dec 2018 07:44
10 December 2018
Spectra Systems Corporation ("Spectra")
Trading Update: Additional phosphour orders
This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.
Spectra Systems Corporation, a leader in machine-readable high speed banknote authentication, brand protection technologies, and gaming security software, is pleased to announce that it has received unexpected additional orders for its high performance phosphours used by a G7 central bank. These additional end of year orders are expected to result in a significant increase in Spectra's profits above market expectations for 2018.
Dr. Nabil Lawandy, Chief Executive Officer, stated: "We are very pleased that we were able to provide a second positive trading update in 2018 further underpining our continued growth, particularly in the area of optical materials"
Enquiries:
Spectra Systems Corporation
Dr. Nabil Lawandy, Chief Executive Officer Tel: +1 (0) 401 274 4700
WH Ireland Limited
Chris Fielding (Managing Director, Corporate Finance) Tel: +44 (0) 20 7220 1650