The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen 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: 20.50
Bid: 20.00
Ask: 21.00
Change: -1.50 (-6.98%)
Spread: 1.00 (5.00%)
Open: 21.50
High: 20.00
Low: 20.00
Prev. Close: 21.50
SRT Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Indian Identifier Order

12 Feb 2013 07:00

RNS Number : 6379X
Software Radio Technology PLC
12 February 2013
 



SOFTWARE RADIO TECHNOLOGY PLC

(AIM: SRT)

 

Identifiers ordered for India programme

 

 

SRT is pleased to announce that it has received an order for 500 Identifiers from its Indian customer. The Identifiers are a customised version of SRT's standard Identifier product platform and will be delivered before the end of April 2013.

 

In 2008, the Indian Government decided to create a national automatic identification system ('AIS') network along its 7,500km coastline as part of a general maritime domain awareness ('MDA') investment programme. This was specified, tendered and installed within four years and today India has one of the world's most sophisticated AIS networks. The next phase in this programme is to fit local boats with an AIS device.

 

Over the last two years SRT and its local partner, Elcome Marine, have been co-operating with local authorities to evaluate and specify the most appropriate solution. This process has involved extensive discussions and included a preliminary field trial in October 2012. The order for 500 customised Identifiers is to undertake a much more extensive field trial before commencement of a national rollout.

 

It is expected that the trial could take up to 12 months and require additional product customisation before commencement of a large scale rollout.

 

Simon Tucker, CEO, Software Radio Technology plc, said: "With many hundreds of thousands of fishing vessels, India is an enormous market opportunity for SRT and we believe that our Identifier and Class B products provide ideal platforms which can be customised for specific requirements. Whilst small, this order is a major step forward in the India vessel tracking programme and we look forward to continuing our work with Elcome to provide India with a robust and reliable small vessel tracking solution that the authorities are confident can be rolled out nationally."

 

Contacts:

Software Radio Technology plc

Simon Tucker, Chief Executive Officer

+44 (0) 1761 409 500

simon.tucker@softwarerad.com

WH Ireland Limited

Tim Feather

+44 (0) 20 7220 1666

Allerton Communications Limited

Peter Curtain

+44 (0) 20 3137 2500

 

 

About SRT:

Software Radio Technology plc develops advanced radio communications technologies which are used to create enabling modules and OEM products. SRT Marine Technology Limited focuses on VHF and AIS technologies for use in navigation and homeland security identification and tracking applications. SRT Marine Technology provides its solutions in a variety of customisable module and OEM product formats.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCNKDDPABKDFBD
Date   Source Headline
17th Aug 200712:42 pmPRNAIM Rule 26
2nd Aug 20077:00 amPRNRNLI Supply Agreement
31st Jul 20079:49 amPRNTotal Voting Rights
24th Jul 200711:11 amPRNDirector/PDMR Shareholding
20th Jul 200710:02 amPRNGrant of options
18th Jul 20073:38 pmPRNIssue of Equity
16th Jul 20074:04 pmPRNIssue of Equity
12th Jul 20073:30 pmPRNIssue of Equity and Directors' Dealings
22nd Jun 20077:00 amPRNDirectorate Change
15th Jun 20077:02 amRNSL3 - AIS AtoN Update
23rd May 20077:02 amRNSAIS - Scandinavian Markets
23rd Apr 200711:46 amPRNResult of EGM
13th Apr 200711:00 amPRNStatement re: FCC Approval
11th Apr 200711:31 amPRNHolding(s) in Company
11th Apr 20077:00 amPRNAIS Class B FCC Approval
5th Apr 20073:21 pmPRNHolding(s) in Company
29th Mar 20077:00 amPRNPlacing
21st Mar 20073:34 pmPRNHolding(s) in Company
13th Mar 20077:00 amPRNMarine Division Update
12th Mar 20077:00 amPRNTETRA Technology Agreements
9th Mar 20072:31 pmPRNHolding(s) in Company
5th Mar 20073:59 pmPRNHolding(s) in Company
28th Feb 20074:52 pmPRNTotal Voting Rights
19th Feb 20071:04 pmPRNHolding(s) in Company
15th Feb 20074:29 pmPRNHolding(s) in Company
15th Feb 20072:22 pmPRNIssue of Equity
14th Feb 20077:00 amPRNUS COAST GUARD APPROVAL
2nd Feb 20077:00 amPRNTETRA Technology Supply Agreement
12th Jan 20075:34 pmPRNHolding of Warrants
4th Jan 20073:22 pmPRNIssue of Equity
21st Dec 20067:02 amPRNAIS Agreement
18th Dec 20063:42 pmPRNTotal Voting Rights
13th Dec 20067:00 amPRNDirectorate Change
12th Dec 20064:18 pmPRNHolding(s) in Company
7th Dec 20067:00 amPRNInterim Results
4th Dec 200610:52 amPRNHolding(s) in Company
12th Oct 20067:00 amPRNChinese Air Force
5th Sep 20069:58 amPRNHolding(s) in Company
7th Aug 200611:43 amPRNResult of AGM
4th Jul 20067:00 amPRNAIS agreement signed
23rd Jun 20067:00 amPRNMarine AIS Class B Distributor Agreements
22nd Jun 20063:33 pmPRNHolding(s) in Company
19th Jun 200611:45 amPRNResult of EGM
15th Jun 20067:00 amPRNFinal Results
25th May 20067:00 amPRNPlacing
15th May 20069:12 amPRNAIS Class B Distribution Agreement
27th Apr 20067:00 amPRNTrading Update
5th Apr 20067:00 amPRNTETRA Contract
29th Mar 20067:00 amPRNTETRA Exclusivity Agreement
15th Mar 20067:00 amPRNAward of Contract

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.