Last checked at 15 Jan 2014 07:00
SOFTWARE RADIO TECHNOLOGY PLC
(AIM: SRT) ("SRT")
LICENCE FOR GEOVS TECHNOLOGY
SRT is pleased to announce that it has signed a licence deal for the use of its GeoVS 3D visualisation software. The software will be used to enhance maritime domain awareness at a strategically important commercial infrastructure installation. The deal is worth £145,000 over the first year, comprising fees for licensing and customisation, with further support licence fees payable thereafter.
Simon Tucker, CEO of SRT said: "Having acquired GeoVS only three months ago, I am delighted to be announcing our first commercial deal which signals the commencement of a new income stream for SRT."
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 |
About SRT:
Software Radio Technology plc develops advanced radio communication based marine domain awareness technologies, products and systems. These are customised and provided to a global customer base to meet worldwide market demand to identify and track vessels of all sizes in leisure, commercial and homeland security applications