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Pin to quick picksStar Energy Regulatory News (STAR)

Share Price Information for Star Energy (STAR)

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Contract Win

8 Sep 2015 07:00

RNS Number : 3456Y
Starcom PLC
08 September 2015
 



 

 

8 September 2015

 

Starcom Systems Plc

("Starcom" or the "Company")

 

 

Helios Hybrid Order

 

Starcom (AIM: STAR), which specialises in the development of wireless solutions for the remote tracking, monitoring and protection of a variety of assets and people, is pleased to announce that it has executed its delivery for a new contact with a major international organisation, as announced in the Company's interim results (21 August), for its Helios Hybrid tracking system, following an international tender against a number of competitors.

 

The order comprises 100 units which have been shipped to the customer with a total value of $91,000, which includes a portion of monthly maintenance fees, paid in advance. Any further orders with this customer are likely to be the result of a similar tender process, and the Company would expect to participate against the same competitors.

 

The Helios Hybrid is a new addition to the Helios range of tracking devices and has the added advantage of satellite coverage in areas where GPS is either not available or not appropriate, and this was one of the key reasons for Starcom winning the tender. Although this order is relatively small it demonstrates the competitive advantage of the product against international competition. It is hoped that with this success the Company can gain further orders for the product in the near future.

 

Avi Hartmann, CEO of Starcom, commented, "Our clear and unique advantage over our international competition is our ability to operate the Helios tracking system using only satellite connection, rather than the standard GPS, which does not offer full global coverage. We have spent much time and effort on the development of the Helios Hybrid and we believe we have a world class product for customers who need a reliable tracking system on their assets in areas where only satellite coverage is available."

 

-ends-

 

For further information please contact:

Starcom plc

Northland Capital

(Nomad)

Northland Capital

(Broking)

Leander (Financial PR)

Michael Rosenberg

Avi Hartmann

Edward Hutton

David Hignell

John Howes

Abigail Wayne

 

Christian Taylor-Wilkinson

Tel: 07785 727595

+972 543070103

+972 36199901

Tel: 020 7382 1100

Tel: 020 7382 1100

Tel: 07795 168 157

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
CNTSSWFUWFISEEU
Date   Source Headline
28th Jun 20137:00 amRNSPosting of Report & Accounts and Notice of AGM
13th Jun 20139:30 amRNSContract Win
16th May 20137:00 amRNSPreliminary results
27th Feb 20137:00 amRNSAdmission and First Day of Dealings on AIM
3rd Mar 20083:47 pmRNSBoard Changes
8th Feb 20087:00 amRNSCancellation of Trading
25th Jan 20082:48 pmRNSOffer Update
17th Jan 200811:08 amRNSEPT Disclosure
17th Jan 20089:47 amBUSEPT Disclosure
16th Jan 20084:55 pmRNSOffer Update
16th Jan 200811:15 amRNSEPT Disclosure
15th Jan 200811:45 amRNSEPT Disclosure
14th Jan 20081:02 pmRNSEPT Disclosure
11th Jan 200810:46 amBUSEPT Disclosure
9th Jan 200811:42 amRNSEPT Disclosure
9th Jan 200810:22 amBUSEPT Disclosure
8th Jan 200811:33 amRNSEPT Disclosure
7th Jan 200811:45 amRNSEPT Disclosure
4th Jan 200812:44 pmRNSHolding(s) in Company
4th Jan 200811:34 amRNSEPT Disclosure
4th Jan 200810:51 amBUSEPT Disclosure
4th Jan 200810:27 amRNSHolding(s) in Company
3rd Jan 200810:39 amRNSEPT Disclosure
2nd Jan 20087:00 amRNSOffer Update
31st Dec 200712:01 pmRNSTotal Voting Rights
28th Dec 20074:18 pmRNSDirector/PDMR Holding AMEND
28th Dec 200710:56 amRNSRule 2.10 Announcement
27th Dec 20072:55 pmRNSHolding(s) in Company
24th Dec 20071:08 pmRNSAdditional Listing
24th Dec 200712:29 pmRNSDirector/PDMR Shareholding
24th Dec 200711:34 amRNSHolding(s) in Company
21st Dec 20079:09 amRNSHolding(s) in Company
20th Dec 20074:20 pmRNSRule 8.3- Star Energy Group
20th Dec 20073:15 pmRNSRule 8.3 - Star Energy Group
20th Dec 20072:25 pmRNSRule 8.3- Star Energy Group
20th Dec 20072:21 pmRNSOffer Document Posted
20th Dec 20072:20 pmRNSRule 8.3- Star Energy
20th Dec 20072:18 pmPRNRule 8.3 - Star Energy Group Plc
20th Dec 200712:19 pmRNSRule 8.3- Star Energy Group
20th Dec 200711:22 amRNSRule 8.3- Star Energy Group
20th Dec 200711:18 amBUSEPT Disclosure - Amendment
20th Dec 200711:16 amBUSEPT Disclosure
20th Dec 20079:20 amRNSRule 8.3- Star Energy Grp PLC
20th Dec 20079:06 amRNSRule 8.3- Star Energy Group
20th Dec 20077:01 amRNSOffer Update
20th Dec 20077:01 amRNSRule 8.1- (Star Energy Group)
19th Dec 20072:47 pmRNSOffer Update
19th Dec 200711:45 amRNSEPT Disclosure
19th Dec 200710:32 amBUSEPT Disclosure
18th Dec 20072:31 pmRNSRule 8.3- Star Energy Group

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