Last checked at 29 Nov 2012 07:00
29 November 2012
Digital Barriers plc
("Digital Barriers")
Contract awards
The Board of Digital Barriers plc, the specialist provider of advanced surveillance technologies to the security and defence sectors, is pleased to announce the award of a contract by an existing UK-based customer. The contract, valued at £3.6 million, is expected to be fulfilled within the next six months and has the potential for additional future orders. The contract is for the provision of a fully-integrated technology solution, and includes a range of Digital Barriers' products for unattended ground sensor capabilities.
Digital Barriers is also pleased to announce the award of a contract from a new and significant Government customer in Asia-Pacific for the provision of ThruVision passive screening technology for border security. Valued at around £400,000 and to be fulfilled this financial year, this initial contract was awarded following a full competitive process and is expected to lead to further product sales next financial year.
Colin Evans, Managing Director of Digital Barriers commented:
"I am particularly delighted with the award of these two competitive contracts. The first is for an end-to-end solution comprising technologies and capabilities from across the Group to deliver a fully integrated unattended ground sensor system, which we can now take to flagship customers around the world. The second comes after a highly-competitive process and overseas government trial, demonstrating that ThruVision is a genuinely unique and disruptive technology in the international border and aviation security markets. These contracts are further validation of Digital Barriers' strategy, strengthening our position in the UK and highlighting our credentials internationally as a provider of world-class technology."
For further information, please contact:
Digital Barriers plc | Tel: 020 7940 4740 |
Tom Black, Executive Chairman | |
Colin Evans, Managing Director | |
Investec Investment Banking | Tel: 020 7597 5970 |
Andrew Pinder/ Dominic Emery / Patrick Robb | |
FTI Consulting | Tel: 020 7831 3113 |
Edward Bridges/ Matt Dixon/ Elodie Castagna | |
About Digital Barriers
Digital Barriers provides advanced surveillance technologies to the international homeland security and defence markets, specialising in 'edge-intelligent' solutions that are designed for remote, hostile or complex operating environments. We work with governments, multinational corporations and system integrators in the defence, law enforcement, critical infrastructure, transportation and natural resources sectors. Our surveillance technologies have been successfully proven on some of the most demanding operational and environmental deployments around the world.
www.digitalbarriers.com