Last checked at 22 Apr 2010 10:18
SOFTWARE RADIO TECHNOLOGY PLC ("SRT" or the "Company") US$270,000 AIS Class B Module Order Received
Software Radio Technology plc ("SRT" or the "Company") is pleased to announce that it has received a new order worth US$270,000 for AIS modules destined for the market created by the recently announced Turkish AIS mandate.
The mandate requires approximately 15,000 commercial vessels to fit a customised AIS transceiver prior to December 2011. The objective of the mandate is to improve maritime safety and security.
SRT has formed agreements with strategic local partners who use SRT's range of AIS modules to locally manufacture AIS transceivers which meet the local specification.
Simon Tucker, SRT CEO said, "Following the commencement of the mandate in January, we have seen regular orders for our AIS modules and we expect this to continue over the next 18 months."
-ends- Enquiries: Software Radio Technology plc +44 (0)1761 409500 Simon Tucker simon.tucker@softwarerad.com Group Managing Director Westhouse Securities Limited +44 (0) 20 7601 6100 Tim Feather Matthew Johnson 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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