Srt Marine Sys. Regulatory News (SRT)

11 Mar 2011 07:00

SOFTWARE RADIO TECHNOLOGY PLC ("SRT" or the "Company") SRT signs three new customers

Software Radio Technology plc is pleased to announce that it has signed agreements with three new customers.

The customers are all well established companies which provide vessel tracking and maritime domain information systems to markets worldwide. Each of the customers plans to use products from SRT's range in various projects for which they are tendering. Potential project sizes vary from a few units to multi-million dollar contracts.

The customers will have full access to SRT's expanding product range enabling them to tailor and customise their tenders for each target project.

Simon Tucker, SRT's Chief Executive Officer, said: "The projects business offers SRT excellent medium and long term opportunities with significant potential. In parallel with our leisure and commercial customer partnerships, we are developing a network of valuable customers which operate on a project by project tender basis. We are excited about these new customers and look forward to working with them in the future."

-ends- Enquiries: Software Radio Technology plc +44 (0)1761 409500 Simon Tucker simon.tucker@softwarerad.com Chief Executive Officer Westhouse Securities Limited +44 (0)20 7601 6100 Tim Feather Matthew Johnson Leander PR +44 (0)7795 168 157 Christian Taylor-Wilkinson 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 module and OEM product formats.