Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSrt Marine Sys. Regulatory News (SRT)

Share Price Information for Srt Marine Sys. (SRT)

Share Price is delayed by 15 minutes
Get Live Data
82.00    -3.00 (-3.53%)
Bid:
80.00
Ask:
84.00
Spread: 4.00 (5.00%)
Market Cap: £223.87m
SRT Live PriceLast checked at - London Stock Exchange

Intraday Srt Marine Sys. Share Chart

AIS Class B FCC Approval

11 Apr 2007 07:00

SOFTWARE RADIO TECHNOLOGY PLC AIS CLASS B US FCC APPROVAL

The Directors of Software Radio Technology plc ("SRT" or the "Company") are pleased to announce that SRT's AIS Class B transceiver has received approval from the US Federal Communications Commission (the "FCC").

SRT launched its range of low cost AIS Class B products and obtained EU approval at the end of 2006. Having obtained US Coast Guard approval in February, FCC approval was the final step to enable the Company's transceivers and technology to be sold into the key US market.

SRT's solution is the only FCC and USCG approved AIS Class B technology in the world. The Company is working with a growing customer base of over 20 companies around the world which are seeking to sell AIS products based on SRT technology.

The US Homeland Security, Maritime Domain Awareness programme places AIS at its core with significant investment in infrastructure to support the use of AIS technology on vessels of all sizes. The US market is the world's largest marine market with over 12 million vessels.

Simon Tucker, SRT's Managing Director, said, "This is excellent news for our marine division and the timing is well ahead of expectations. Without FCC and USCG approval, our customers have been unable to leverage their US sales and distribution channels. As of today they can and with a potential market of 12 million vessels in the US, the potential is substantial."

Enquiries: Software Radio Technology plc 01761 409500

Simon Tucker simon.tucker@softwarerad.com Managing Director Hanson Westhouse Limited 0113 246 2610 Tim Feather CityRoad Communications 020 7248 8010 Paul Quade 07947 186694About SRT:

Founded in 1987 and quoted on AIM in 2005, SRT focuses on the development of turnkey technology product solutions for homeland security applications. SRT's technologies are used by manufacturers to fast track and de-risk the development of their own products. SRT has focused on the areas of professional voice and data radio communications such as TETRA and maritime identification and tracking systems, such as AIS: both of which are global standards. The Company has a worldwide customer base with a business model based on customers paying royalties on each product manufactured.

SOFTWARE RADIO TECHNOLOGY PLC
Date   Source Headline
25th Mar 20113:31 pmPRNDirector/PDMR Shareholding
11th Mar 20117:00 amPRNNew Customer Contracts
10th Mar 20113:35 pmPRNIssue of Equity
28th Feb 201110:04 amPRNTotal Voting Rights
24th Feb 20119:36 amPRNHolding(s) in Company
10th Feb 201112:03 pmPRNIssue of Equity
7th Feb 20117:00 amPRNSRT signs strategic AIS agreement
31st Jan 201111:56 amPRNTotal Voting Rights
17th Jan 20114:34 pmPRNHolding(s) in Company
14th Jan 201112:06 pmPRNIssue of Equity
31st Dec 20107:00 amPRNTotal Voting Rights
29th Dec 20104:33 pmPRNIssue of Equity/Director/PDMR Holding
6th Dec 20107:00 amPRNNew US$900,000 AIS Order Received
3rd Dec 20103:24 pmPRNIssue of Equity
30th Nov 201011:34 amPRNTotal Voting Rights
25th Nov 20107:00 amPRNUS$1.2 million of new AIS Orders Received
11th Nov 20104:30 pmPRNDirector/PDMR Shareholding
11th Nov 20104:30 pmPRNHolding(s) in Company
11th Nov 20104:30 pmPRNHolding(s) in Company
2nd Nov 20107:00 amPRNHalf-yearly Report
29th Oct 201012:51 pmPRNTotal Voting Rights
25th Oct 20109:34 amPRNIssue of Equity
20th Oct 20107:00 amPRNUS$1.3 million of new AIS Orders Received
17th Sep 20101:34 pmPRNIssue of Equity
2nd Sep 20107:00 amPRNAGM Statement and Trading Update
18th Aug 20107:00 amPRNUS$750,000 new AIS Orders Received
2nd Aug 201011:32 amPRNTotal Voting Rights
2nd Aug 201011:32 amPRNTotal Voting Rights
30th Jul 20103:17 pmPRNIssue of Equity
14th Jul 20107:00 amPRNUS$2.1 million AIS Orders Received
2nd Jul 20107:00 amPRNUS$500,000 AIS Class A Order Received
30th Jun 201012:32 pmPRNTotal Voting Rights
30th Jun 20107:00 amPRNTETRA Licence Agreement
22nd Jun 20107:00 amPRNStrategic AIS Agreement signed in South Korea
21st Jun 20108:50 amPRNUS$480,000 AIS Class A Order Received
11th Jun 20103:20 pmPRNIssue of Equity
7th Jun 20107:00 amPRNFinal Results For The Year Ended 31 March 2010
1st Jun 20104:34 pmPRNIssue of Equity
28th May 20107:00 amPRNTransceiver Approvals Received and Shipping Commenced
22nd Apr 201010:18 amPRNUS$270,000 AIS Class B Module Order
1st Apr 20107:00 amPRNUS$700,000 AIS Class A Order
26th Mar 20104:26 pmPRNHolding(s) in Company
22nd Mar 20107:00 amPRNUS$1.46 million AIS Class A Orders Received
16th Mar 20107:00 amPRNCommencement of AIS Mandate in Turkey
2nd Mar 20107:00 amPRNAIS Agreement Signed
18th Feb 20109:48 amPRNGrant of Options
22nd Dec 20097:00 amPRNSRT signs deals targeting AIS mandates
1st Dec 20097:00 amPRNAIS Class A Agreements
27th Nov 20097:00 amPRNDirectorate Change
26th Nov 20097:00 amPRNNominated Adviser Change of Name

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.