SSY.L Regulatory News (SSY)

1 Sep 2005 07:03

CODASciSys PLC01 September 2005 CODASciSys plc CODASciSys wins key role in MoD's Future Rapid Effect System (FRES) CODASciSys plc ("CODASciSys", stock code: CSY), the IT software and servicesprovider has today announced that its SciSys Division has won a key role inMoD's Future Rapid Effect System ("FRES"). The FRES programme is the most significant UK armoured vehicle project of thenext decade. It will provide a family of medium-weight, armoured fightingvehicles to fulfill a wide range of roles. FRES will deliver modern,battle-winning equipment to the Army. As part of the consortium led by Lockheed Martin, SciSys is to play asubstantial role in the design, integration and demonstration of the ElectronicArchitecture for FRES, one of the MoD's highest profile projects. The initialcontract is worth approximately £1.2m to SciSys for work to be performed in 2005and 2006. Graham Steinsberg, CODASciSys Group CEO commented: " We have a long standingrelationship both directly with the MOD and with its prime suppliers. In thecase of FRES, we are delighted to be a key member of the Lockheed Martinconsortium and look forward to using our technical expertise to help deliverthis most prestigious project." For information please contact: Graham Steinsberg, Group CEO, CODASciSys plc -Tel: 01249 466 466Barrie Newton, Rowan Dartington & Co. Limited - Tel: 0117 933 0011 About CODASciSys plc..... The CODASciSys Group, based in the UK, provides IT services and businesssolutions to a broad, worldwide base of clients. It operates through a numberof Divisions in offices in the UK and overseas including North America, TheNetherlands, Belgium, Germany, France, Sweden, Singapore, Malaysia and Australiaand partners throughout the rest of the world. This information is provided by RNS The company news service from the London Stock Exchange