Srt Marine Sys. Regulatory News (SRT)

6 Feb 2006 07:00

SOFTWARE RADIO TECHNOLOGY PLC AGREEMENTS SIGNED FOR AIS CLASS B AND TETRA BASE STATIONThe Directors of Software Radio Technology plc ("SRT") are pleased to announcethat SRT has signed two contracts, one for the supply of its AIS Class Btechnology and the second to enable SRT to offer its customers TETRAinfrastructure equipment in addition to handsets.AIS Class BFollowing the announcement of the signing of heads of terms on 15 December2005, SRT has entered into an agreement with Comar Systems Limited, a UK-basedmanufacturer of AIS products.Under the agreement, SRT's technology will provide the basis for Comar's AISClass B products, which are expected to be launched later this year. Comarsells its products through a network of distributors and dealers and for use innational level projects.TETRASRT has also signed an agreement with Artevea Digital Limited, a UK-baseddeveloper and supplier of TETRA base stations. SRT and Artevea have agreed tocollaborate to enable Artevea to supply its base station designs to SRT's TETRAhandset customers to enable them to develop localised TETRA infrastructure.Simon Tucker, SRT's Commercial Director, said"We have had an excellent response to the launch of our AIS Class B technology,confirming our belief that the market will be substantial. Our technology willenable multiple manufacturers to offer competitively priced products into themarket with SRT benefiting through royalties on every product sold."The agreement with Artevea allows SRT to offer TETRA infrastructure equipmentto our existing and future TETRA handset customer base. We believe there isstrong demand within our TETRA customer base for the ability to supplyinfrastructure equipment as well as handsets. From SRT's perspective theavailability of localised TETRA infrastructure, optimised to our TETRA handsettechnology, will facilitate the spread of TETRA networks and therefore moresales of handsets and royalties for SRT."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 Technology:SRT 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 and military) and automaticidentification systems (AIS) for ships and boats.For further information, please go to www.softwarerad.comAbout Comar Systems:Based in the UK, Comar is a privately owned company that specialises in theprovision of AIS products - www.comarsystems.comAbout Artevea Digital:Artevea is a UK based developer and supplier of IP based TETRA infrastructuresolutions. Artevea has supplied TETRA systems within the UK and worldwide-www.artevea.comENDSOFTWARE RADIO TECHNOLOGY PLC