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Market Cap: £226.60m
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SRT & RNLI Conclude Supply Agreement

13 May 2011 09:43

SOFTWARE RADIO TECHNOLOGY PLC ("SRT" or the "Company") SRT & RNLI Conclude Supply Agreement

Software Radio Technology is pleased to announce that it has entered an AIS equipment supply agreement with the Royal National Lifeboat Institution.

Under the terms of the agreement, the RNLI will be able to purchase AIS equipment from SRT for use on their rescue craft.

Simon Tucker, CEO of SRT, said, "The RNLI is a world famous British organisation which has consistently led the way in maritime rescue innovation and for that reason we have made an exception to our normal business model of no direct sales and entered into this agreement. As a British technology company, we are delighted to have the opportunity to work with the RNLI."

-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.

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