Less Ads, More Data, More Tools Register for FREE

Pin to quick picksThruvision Grp Regulatory News (THRU)

Share Price Information for Thruvision Grp (THRU)

Share Price is delayed by 15 minutes
Get Live Data
0.725    0.00 (0.00%)
Bid:
0.70
Ask:
0.75
Spread: 0.05 (7.143%)
Market Cap: £3.24m
THRU Live PriceLast checked at - London Stock Exchange

Intraday Thruvision Grp Share Chart

Contract awards

4 Jan 2013 07:00

RNS Number : 8288U
Digital Barriers plc
04 January 2013
 



RNS Reach

4 January 2013

 

 

Digital Barriers plc

 

("Digital Barriers")

 

 

 

Contract awards

 

The Board of Digital Barriers plc (AIM: DGB, the "Group") (the "Board"), the specialist provider of advanced surveillance technologies to the security and defence sectors, is pleased to announce the award of a development contract by a major US government agency, a new customer for the Group. Valued at approximately £400,000, the contract is to support the Group's ongoing development of world-class video surveillance products based on its TVI technology, one of the Group's core strategic technologies. The on-going development will include a new range of products designed to meet the specific needs of the law enforcement sector. The contract is expected to be fulfilled this calendar year, after which the Group expects significant product sales across multiple US and international law enforcement agencies resulting from this next phase of development.

 

Digital Barriers plc is also pleased to announce two important contract awards for products based on its ThruVision passive screening technology, also one of the Group's core strategic technologies. The first, by an existing US customer, is valued at approximately £300,000 and will be fulfilled this financial year; it is for the standoff detection of person-borne explosive devices, and should lead to further sales nextyear. The second, with a new UK-based partner working in specialist sectors in the Middle East, isfor the protection of high-profile overseas government locations; it is valuedat approximately £350,000 and will also be fulfilled this financial year with further sales expected next year.

 

Colin Evans, Managing Director of Digital Barriers commented:

 

"These are three highly significant contracts for Digital Barriers as we continue to market our world-class technologies into key international markets,including the United States, by far the largest defence and security market in the world. 

 

The TVI development contract is very important for Digital Barriers. Not only is this a new flagship customer for the Group, but it also means that a major US government agency has selected TVI as their platform of choice for its next generation video surveillance capabilities, further confirming its status as a world-class technology. Once development has been completed, we will have a range of new advanced video surveillance products that we can take to multiple customers in the US and around the world.

 

The two ThruVisioncontracts, both of which should open up significant follow-on opportunities, illustrate how this technology is being increasingly recognised as a genuinely disruptive capability in the detection of explosives, weapons and smuggled contraband. The detection of person-borne IEDs and concealed weapons is an important and valuable application of the technology, and we are extremely pleased that ThruVision can help our customers address such threats.

 

The contracts demonstrate the strong progress that the Group continues to make in key international markets."

 

  

For further information, please contact:

 

Digital Barriers plc

Tel: 020 7940 4740

Tom Black, Executive Chairman

Colin Evans, Managing Director

Zak Doffman, Development Director

Investec Investment Banking

Tel: 020 7597 5970

Andrew Pinder/ Dominic Emery

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 successfuly proven on some of the most demanding operational and environmental deployments around the world.

 

www.digitalbarriers.com 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
NRAQZLBBXFFFBBK
Date   Source Headline
20th Jun 20258:51 amGNWForm 8.5 (EPT/RI)- Thruvision Group plc
19th Jun 20258:35 amGNWForm 8.5 (EPT/RI) - Thruvision Group plc
18th Jun 20258:48 amGNWForm 8.5 (EPT/RI)-Thruvision Group plc
11th Jun 20259:11 amGNWForm 8.5 (EPT/RI)-Thruvision Group plc
10th Jun 20259:16 amGNWForm 8.5 (EPT/RI)-Thruvision Group plc
9th Jun 20258:59 amGNWForm 8.5 (EPT/RI)-Thruvision Group plc
9th Jun 20258:43 amRNSForm 8.3 - Thruvision Group PLC
5th Jun 20258:19 amGNWForm 8.5 (EPT/RI) - Thruvision Group plc
3rd Jun 202511:48 amGNWForm 8.5 (EPT/RI) - Thruvision Group plc
2nd Jun 20251:58 pmGNWInvesco Ltd: Form 8.3 - Thruvision Group PLC; Public dealing disclosure
2nd Jun 20259:10 amGNWForm 8.5 (EPT/RI) - Thruvision Group plc
30th May 202512:43 pmRNSForm 8.3 - Thruvision Group plc
30th May 20258:30 amGNWForm 8.5 (EPT/RI) - Thruvision Group plc
29th May 20252:32 pmRNSForm 8.3 - Thruvision Group plc
28th May 202512:23 pmRNSForm 8.3 - Thruvision Group plc
28th May 20259:11 amGNWForm 8.5 (EPT/RI) - Thruvision Group plc
23rd May 202512:42 pmRNSForm 8.3 - Thruvision Group plc
23rd May 202512:25 pmRNSForm 8.3 - Thruvision Group plc
23rd May 202512:23 pmRNSForm 8.3 - Thruvision Group plc
23rd May 20258:48 amGNWForm 8.5 (EPT/RI) - Thruvision Group plc
22nd May 20257:00 amRNS-RThruvision Announces First Sale into a UK Prison
21st May 20251:22 pmRNSForm 8.3 - Thruvision Group plc
20th May 202512:12 pmRNSForm 8.3 - Thruvision Group plc
20th May 20258:32 amGNWForm 8.5 (EPT/RI)-Thruvision Group plc
19th May 20259:09 amGNWForm 8.5 (EPT/RI)-Thruvision Group plc
16th May 20258:19 amGNWForm 8.5 (EPT/RI)-Thruvision Group plc
15th May 20258:41 amGNWForm 8.5 (EPT/RI)-Thruvision Group plc
14th May 20259:01 amGNWForm 8.5 (EPT/RI)-Thruvision Group plc
13th May 202510:23 amRNSForm 8.3 - Thruvision Group PLC
9th May 20259:07 amGNWForm 8.5 (EPT/RI) - Thruvision Group plc
8th May 20259:41 amGNWForm 8.5 (EPT/RI) - Thruvision Group plc
7th May 202510:33 amRNSBlocklisting update
7th May 202510:30 amRNSBlocklisting update
2nd May 20259:51 amGNWForm 8.5 (EPT/RI)-Thruvision Group plc
1st May 202510:15 amGNWForm 8.5 (EPT/RI)-Thruvision Group plc
30th Apr 20258:47 amGNWForm 8.5 (EPT/RI) - Thruvision Group plc
29th Apr 20258:54 amGNWForm 8.5 (EPT/RI) - Thruvision Group plc
28th Apr 20259:21 amRNSForm 8.3 - Thruvision Group PLC
24th Apr 202510:01 amGNWForm 8.5 (EPT/RI)-Thruvision Group plc
23rd Apr 20258:40 amGNWForm 8.5 (EPT/RI)-Thruvision Group plc
22nd Apr 20258:15 amGNWForm 8.5 (EPT/RI)-Thruvision Group plc
17th Apr 202512:40 pmRNSForm 8.3 - Thruvision Group plc
17th Apr 20258:45 amGNWForm 8.5 (EPT/RI) - Thruvision Group plc
16th Apr 202512:05 pmRNSForm 8.3 - Thruvision Group plc
16th Apr 202510:14 amGNWForm 8.5 (EPT/RI)-Thruvision Group plc
15th Apr 20258:22 amGNWForm 8.5 (EPT/RI)- Thruvision Group plc
14th Apr 20258:49 amRNSForm 8.3 - Thruvision Group PLC
11th Apr 20259:26 amGNWForm 8.5 (EPT/RI) - Thruvision Group plc
11th Apr 20257:00 amRNSForm 8.3 - Thruvision Group plc
10th Apr 20258:49 amGNWForm 8.5 (EPT/RI) - Thruvision Group plc

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.