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Trading Update: Additional phosphour orders

10 Dec 2018 07:44

RNS Number : 9345J
Spectra Systems Corporation
10 December 2018
 

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

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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