Last checked at 27 Apr 2010 07:00
27th April 2010
Westminster Group Plc:
CTAC Ltd - £1.02million of new contract awardsfor bullion storage depots
CTAC Ltd ("CTAC" or the "Company"), the recentlyacquired specialist integrated provider of 'high end' security solutions of theWestminster Group Plc ("Westminster or the Group"), announces that it has beenawarded two prestigious new contracts to provide high security solutions to bullionstorage depots within the UK.
The contracts, with a combined value of £1.02, millionare due to commence shortly and will be completed during 2010.
The contracts involve the provision of IntruderAlarm, CCTV, Access Control, Vehicle Blockers, Turnstiles, Fencing, Electronic FenceDetection, Vehicle Strainer Wire and External Electronic Beams to provide a highlevel of layered security to two high security bullion storage sites located withinthe UK.
Commenting on the new contracts Peter Fowler, CEOof Westminster, commented:
"I am delighted that our newly acquired subsidiaryCTAC has secured these prestigious new contracts, which underpins their reputationin the high security market place and immediately justifies our decision to acquirethe business as part of our growth strategy.
"At the time of our acquisition I stated that Ibelieved the Company was at an exciting stage with tremendous growth prospects andwas an excellent fit for our business. It is indeed pleasing to be able to issuesignificant contract news so soon after that statement".
Enquiries:
Peter Fowler 01295 756 300
Chief Executive - Westminster Group Plc
Nicholas Mearing-Smith 01295756 300
Finance Director - Westminster Group Plc
Nandita Sahgal 020 7107 8000
Catherine Leftley
Seymour Pierce
Tom Cooper/Paul Vann 0117985 8989
Winningtons Financial 0797 122 1972
Notes:
Westminster Group plc is a leader in the supplyof system solutions and products to the security, defence, fire protection and safetymarkets worldwide.
Westminster's principal activity is the design,supply and ongoing support of advanced technology security solutions, risk assessments,close protection and monitoring services. These can range from product only assignments,such as the supply of specialised scanners, to the design and implementation of anintegrated system solution such as a border detection and surveillance system. Themajority of its customer base, by value, comprises governments and government agencies,non governmental organisations and blue chip commercial organisations.