Touchstar Plc Regulatory News (TST)

10 Jan 2005 07:00

Belgravium Technologies PLC10 January 2005 10 January 2005 BELGRAVIUM TECHNOLOGIES PLC (AIM) CONTRACT WIN The Board of Belgravium Technologies plc ("Belgravium" or "the Company"),designers and manufacturers of real-time data capture systems, are today pleasedto announce that the Company has won its biggest ever single order, delivery tocommence in early 2005. Belgravium will be supplying 450 Atlanta terminals to Grattan for theirParcelnet division, Proof of Delivery requirements. The Company believes thatthe order is the largest contract to be awarded in this particular sector in2004, and its predictions that the Atlanta terminal would assist growth havethus proved to be correct. The Atlanta terminal, specifically designed for thistype of project, is creating great interest both at home and abroad. Thecontract is worth in the region of £750,000 in the first year. Commenting today, Chairman John Kembery said: "We are thrilled to have won this extremely significant order for the Atlantaterminal. We faced stiff competition from some of the largest companies in theindustry and managed to win the contract due to the advanced technical abilitiesand rugged design of the equipment. The order will not impact upon the financialresults of 2004, which are in line with market expectation, but it does show agood start for 2005 and may well lead to further developments in new marketsectors. We believe that Belgravium is in an extremely strong position tocontinue winning business from it's competitors." For further information please contact: Buchanan Communications ltd Kelly-Ann French Mob: 07958 972164Belgravium Technologies plc John Kembery Mob: 07770 731021www.belgraviuminvestorrelations.com This information is provided by RNS The company news service from the London Stock Exchange