Srt Marine Sys. Regulatory News (SRT)

13 Mar 2008 07:00

SOFTWARE RADIO TECHNOLOGY PLC Receipt of Marine orders worth US$2.2 million

The Directors of Software Radio Technology plc ("SRT" or the "Company"), the AIM-quoted provider of digital wireless communications technology and product solutions, are pleased to announce the expansion of its Marine division's customer base and the receipt of orders worth US$2.2 million.

The orders are for the Company's AIS Class B PCA and OEM product solutions. It is expected that some of the orders will be shipped within the current financial year, however the majority are expected to be delivered during the first quarter of the next financial year.

Confidentiality prevents the release of the customers' names. However, they are focused on specific niche markets where AIS is being used for a variety of commercial and homeland security applications.

Neil Peniket, Managing Director of SRT's Marine division, said; `Our evolving range of AIS product solutions provide companies with a risk free, high quality route into these markets. We are careful to select our customers and are delighted to have formed long term partner relationships with these particular customers and to have received their first orders.'

Enquiries: Software Radio Technology plc 01761 409500

Simon Tucker Managing Director Hanson Westhouse Limited 0113 246 2610 Tim Feather CityRoad Communications 07947 186694 Paul Quade About SRT:

Founded in 1987 and quoted on AIM in 2005, SRT develops and provides core wireless technology and product solutions for homeland security communication and maritime identification and tracking applications. SRT's solutions enable its customers to enter these markets quickly and without risk. The Company has a worldwide customer base from which it earns a combination of support and per product revenues.