Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTGL.L Regulatory News (TGL)

  • There is currently no data for TGL

Contract win

25 Mar 2015 07:00

RNS Number : 3626I
Touchstone Gold Limited
25 March 2015
 

Touchstone Gold Limited ("Touchstone" or the "Company")

 

GOS Systems Wins Government Contract

 

London, 25 March 2015 - Touchstone (AIM: TGL), the AIM listed investment company, provides an update on GOS Systems ("GOS"), a UK security technology group recently acquired in accordance with Touchstone's investment policy.

 

GOS is pleased to announce that it has won a new contract to deploy Technical Surveillance Counter Measure (TSCM) equipment that provides intelligence-gathering services to a client that is a department within a Government. The contract will comprise an initial one-off payment as well as the potential to generate a longer-term support and maintenance revenue stream.

 

The solution, which is based on GOS' proprietary technology, will deliver monitoring systems to assist the client with targeted intelligence gathering capability, threat identification and the ability to track such threats effectively in a timely and secure manner.

 

Jamie Ridealgh, GOS Chief Executive Officer, said: "We are delighted to have won this new contract. The cost effectiveness and flexibility of our solutions, combined with the high level of demand for high quality security products, is attracting interest from local and overseas public security organisations. GOS is well placed to benefit from the growing market in intelligence gathering and secure communications."

 

Franz Forrester, COO of Touchstone added: "We have previously provided updates to our shareholders that have confirmed the positive progress of GOS Systems. This latest news regarding a very important and significant client for one of GOS's premium services is exceptionally pleasing and further evidence of the value of GOS. Since GOS was acquired from the administrator it has not only retained its clients, but added to them both quantitatively as well as qualitatively. I look forward to providing shareholders with further positive news in the months ahead."

 

About GOS Systems

 

· GOS Systems is a UK security group providing a range of leading-edge tactical and strategic intelligence gathering and secure communication solutions for law enforcement, homeland security and government agencies around the world.

· GOS' intelligence gathering solutions provide real-time monitoring of cellular, voice, SMS, and IMSI and IMEI metadata.

· GOS' safe communications solution offers secure mobile telephony services to ensure privacy and security for customers.

 

For further information please contact:

 

Touchstone Gold Limited

Trevor Wells

 

 

Tel: +44 203 301 9337

finnCap Ltd

Ed Frisby / Simon Hicks

 

 

 

Tel: +44 20 7220 0500

Peterhouse Corporate Finance Limited

Tel: +44 20 7469 0936

Lucy Williams

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
NRAUSSBRVNAOUAR
Date   Source Headline
23rd Apr 20141:02 pmRNSHolding(s) in Company
22nd Apr 20147:01 amRNSPlacing, director change, strategy & TSX delisting
17th Apr 20141:00 pmRNSTouchstone to Voluntarily Delist from the TSX
1st Apr 20147:00 amRNSResults for the years ended Dec 31, 2013 and 2012
20th Mar 20147:00 amRNSClosing of Subscription
19th Mar 201411:15 amRNSDirectors Holdings
14th Mar 20147:00 amRNSSubscription
17th Feb 20144:35 pmRNSPrice Monitoring Extension
11th Feb 20147:00 amRNSClosing of Previously Announced Equity Transaction
30th Jan 20147:00 amRNSDirector Changes
23rd Jan 20144:00 pmRNSDirector Holding
21st Jan 20147:00 amRNSIssue of Equity and Corporate Update
15th Nov 20137:00 amRNSResults for three and nine months
9th Oct 201311:15 amRNSAppointment of Joint Broker
4th Oct 20137:00 amRNSChange of Adviser
20th Sep 20135:02 pmRNSInterim Update
19th Sep 20136:17 pmRNSInterim Results Management Discussion and Analysis
15th Aug 20134:41 pmRNSSecond Price Monitoring Extn
15th Aug 20134:36 pmRNSPrice Monitoring Extension
15th Aug 20137:00 amRNSInterim Results
22nd Jul 20138:52 amRNSDirectorate Change
1st Jul 20137:00 amRNSPosting of Director's Report
27th Jun 20137:00 amRNSDiscovery of New High-Grade Gold Zone
16th May 20137:00 amRNS1st Quarter Results
2nd Apr 20139:44 amRNSFull Year 2012 and 2011 Results
18th Mar 20137:00 amRNSSegovia Gold Project Update
19th Feb 20137:00 amRNSDrilling Update
7th Feb 20137:00 amRNSCorporate Review and Exploration Update
15th Jan 201310:57 amRNSChange in Director's Holding
14th Dec 20127:00 amRNSGrant of Options
12th Dec 20129:20 amRNSListing on Toronto Stock Exchange
7th Dec 20124:43 pmRNSTotal Voting Rights
7th Dec 20127:00 amRNSTouchstone Gold Completes C$5.5 Million Placing
30th Nov 20123:43 pmRNSIssue of Equity
30th Nov 20127:00 amRNSConditional approval to list on TSX
5th Nov 201210:39 amRNSUpdated Investor Presentation
5th Nov 20127:00 amRNSCompletion of El Cinco Acquisition
1st Nov 20124:53 pmRNSEl Cinco Consideration Shares
1st Nov 20124:18 pmRNSCorrection to directors' holdings
31st Oct 20127:00 amRNSExploration Update
17th Oct 20127:00 amRNSAgreement to Acquire El Cinco Property
11th Sep 20127:30 amRNSRestoration - Touchstone Gold Limited
11th Sep 20127:00 amRNSClosing of Business Combination
11th Sep 20127:00 amRNSInterim Report
10th Sep 20125:08 pmRNSCREST Enablement
10th Sep 20127:20 amRNSSuspension - Touchstone Gold Limited
10th Sep 20127:00 amRNSAIM re-admission update
7th Sep 20127:30 amRNSSuspension - Touchstone Gold Limited
6th Sep 20128:57 amRNSAIM Re-Admission Update
30th Aug 20122:48 pmRNSResult of General Meeting

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.