focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

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)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 22.00
Bid: 21.00
Ask: 23.00
Change: -0.25 (-1.12%)
Spread: 2.00 (9.524%)
Open: 22.25
High: 22.25
Low: 22.00
Prev. Close: 22.25
SRT Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Business Update

9 Oct 2008 07:00

RNS Number : 4352F
Software Radio Technology PLC
09 October 2008
 



Thursday 9th October 2008

SOFTWARE RADIO TECHNOLOGY PLC

("SRT" or the "Company")

TETRA handset approved for use on secure Korean networks 

SRT, the AIM-listed the provider of professional digital radio communications and marine identification and tracking technology, is pleased to announce that its Korean based TETRA license customerUNIMO, has received formal approval for the use of their radio handset on all secure networks. 

The approval was granted by the Korean National Security Agency, (NRSI & NEMA) following an extensive testing and verification programme to ensure the required performance. There are now a total of only four radio manufacturers who have received this important approval, of which UNIMO is the only one offering a locally developed and produced TETRA radio. 

This now adds to the list of EU Type Approvals and numerous other network IOP approvals already obtained by UNIMO providing proof to all end-users that the radio is able to perform to the highest standards even on the most complex and secure networks. It means that the radio is fully approved for sale to all Korean government agencies and is now listed on the official internal government procurement web site, therefore opening the entire Korean TETRA market to UNIMO

The UNIMO TETRA radio has been developed especially for the Korean and Asian markets, providing a highly localised TETRA radio solution, backed up by strong local support. Today the radio is in service with a variety of users, including Hynixwho is the world's third largest semiconductor manufacturer.

Simon Tucker, SRT plc Group Managing Director said; "UNIMO and SRT have worked closely together to achieve this important milestone. The complexity of TETRA technology and importance of this approval should not be underestimated as the Korean TETRA network is considered to be one of the most complex in the world today. UNIMO has been successfully marketing its handset within the Korean and nearby Asian markets. Confidence in this new radio is rapidly growing and this approval will provide an important boost to this and ultimately reflect on the sales of the radio." 

-ends-

Enquiries:

Software Radio Technology plc

Simon Tucker

Group Managing Director

+44 (0)1761 409500

simon.tucker@softwarerad.com

Numis Securities Limited

David Poutney, Corporate Broking

Lee Aston, NOMAD

+44 (0207 260 1000

Paul Quade

CityRoad Communications

+44 (0) 248 8010

+44 (0) 7947 186694 

  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 with their own unique product proposition and leverage local sales channels. The Company has a worldwide customer base from which it earns a combination of support, license, royalty, module and product derived revenues. 

About UNIMO:

UNIMO is a Korean based, KOPSI listed developer and manufacturer of radio communication and CCTV equipment. The company has a long history of supplying end users around the world with high quality equipment. 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCILFVRIVLTIIT
Date   Source Headline
19th Jan 20093:47 pmRNSHolding(s) in Company
19th Jan 20093:41 pmRNSHolding(s) in Company
15th Jan 200910:35 amRNSAIS OEM Distributor Deal Signed
15th Jan 200910:13 amRNSHolding(s) in Company
31st Dec 200811:43 amRNSDirectorate Change
31st Dec 200811:12 amRNSHalf Yearly Report
31st Dec 200811:03 amRNSTrading Statement
24th Dec 20087:19 amRNSAnnouncement of Interim Results
19th Dec 20087:08 amRNSTrading Statement
26th Nov 20089:01 amRNSDirectorate Change
9th Oct 20087:00 amRNSBusiness Update
24th Sep 20087:00 amRNSUS Authorities Approve AIS Class B
30th Jul 20087:00 amRNSBusiness Update
2nd Jul 200810:56 amRNSFinal Results
19th Jun 20087:00 amRNSUSD 1 million order received
10th Jun 20087:00 amRNSNew Joint Venture Agreement
13th May 20086:00 amRNSTiming of Results
8th May 200812:09 pmRNSHolding(s) in Company
29th Apr 20087:01 amRNSBusiness Update
4th Apr 20087:00 amRNSChange of Adviser
13th Mar 20087:00 amPRNAIS Orders
6th Mar 200811:21 amPRNTrading Update
21st Feb 20082:52 pmPRNHolding(s) in Company
19th Feb 20089:59 amPRNHolding(s) in Company
31st Jan 20084:04 pmPRNHolding(s) in Company
17th Jan 20087:00 amPRNAIS Distribution Agreement
18th Dec 20077:00 amPRNDirectorate Change
10th Dec 20072:00 pmPRNGrant of Options
3rd Dec 20074:42 pmPRNTotal Voting Rights
28th Nov 20072:28 pmPRNIssue of Equity
16th Nov 20074:45 pmPRNHolding(s) in Company
16th Nov 20074:40 pmPRNHolding(s) in Company
9th Nov 20075:40 pmPRNDirector/PDMR Shareholding
9th Nov 20075:40 pmPRNHolding(s) in Company
9th Nov 20075:40 pmPRNDirector/PDMR Shareholding
9th Nov 20075:40 pmPRNHolding(s) in Company
5th Nov 20077:00 amPRNSenior Management Appointment
5th Nov 20077:00 amPRNHalf-yearly Report
5th Nov 20077:00 amPRNIssue of Equity
1st Nov 200711:29 amPRNCancellation of Warrants
31st Oct 20071:14 pmPRNTransition to IFRS
31st Oct 200710:51 amPRNTotal Voting Rights
26th Oct 20074:42 pmPRNIssue of Equity
24th Oct 20077:00 amPRNUnimo Contract
22nd Oct 20071:22 pmPRNIssue of Equity
27th Sep 20074:32 pmPRNUnimo TETRA Deliveries
17th Sep 20077:00 amPRN$1.1m AIS Order
11th Sep 20077:00 amPRNTETRA Handset Production Commences
6th Sep 20077:00 amPRNAIS Order
22nd Aug 20077:00 amPRNAIS Agreement - Turkey

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.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.