Srt Marine Sys. Regulatory News (SRT)

15 Mar 2006 07:00

SOFTWARE RADIO TECHNOLOGY PLC GRANT OF EXPORT LICENCES FOR TETRA TECHNOLOGY The Directors of Software Radio Technology plc ("SRT") are pleased to announcethat SRT has been granted export licences by the UK Government in respect ofthe licensing of its TETRA technology to TCB, HYT and Hisense in China.Advanced technology and products such as TETRA are subject to strict exportlicensing restrictions. SRT has been working closely with the DTI to ensurefull compliance with all regulations. The licences enable SRT to complete thedelivery of its TETRA technology solution to customers so that they are able toenter production of their handsets.Shamus Kelly, SRT's Managing Director said, "The granting of these licencesreflects the extremely close relationship we have built with our customers, ourresponsible approach to the licensing of national security technologies and ourexpertise in operating in these often difficult areas."Software Radio Technology plc 01761 409500 Simon Tucker simon.tucker@softwarerad.com Shamus Kelly shamus.kelly@softwarerad.com Westhouse Securities LLP 0161 838 9140 Tim Feather tim.feather@westhousesecurities.comNotes for EditorsAbout Software Radio TechnologySRT is a developer and licensor of digital wireless technology referencedesigns that facilitate and fast-track the manufacture of sophisticated digitalcommunications and tracking/surveillance products for use within theprofessional homeland security market.SRT currently licenses technology solutions for TETRA handsets (communicationdevices used by professional users such as police & military) and automaticidentification systems (AIS) for ships and boats.About TCBTCB (Tianjin Communication & Broadcast) is a government own company based inTianjin, China. The company employs around 5,000 people and develops andmanufacturers a variety of electronic products for domestic and internationalmarkets.About HYTEmploying over 1,000 people with turnover in excess of US$100 million, ShenzenHYT Science & Technology Co. Ltd ("HYT") specialises in developing,manufacturing and selling professional mobile radio ("PMR") products. HYT hassupplied countries such as Pakistan and Bangladesh with country-wide analoguePMR systems and is positioned to be able to sell TETRA products to existing andnew customers through its local and international network of dealers.About HisenseHisense is a government owned company based in Qingdao, China. The companyemploys over 10,000 people and manufacturers a variety of electronic productsfor domestic and international markets.ENDSOFTWARE RADIO TECHNOLOGY PLC