Westminster Group Regulatory News (WSG)

18 Mar 2008 07:00

Westminster Group PLC18 March 2008 18th March 2008 Westminster Group Plc: New contract win Specialist Interception System - Sub-Saharan Africa Westminster Group plc ('Westminster'), the AIM listed supplier of systemsolutions and products to the security, defence, fire protection and safetymarkets worldwide, announces that it has secured a new contract to provide aspecialist GSM interception system for a government in Sub-Saharan Africa. The contract valued at 900,000 USD was awarded to Westminster following athorough technical analysis of Westminster's solutions. Due to the confidentialnature of the contract further details are restricted however an initial paymentof 400,000 USD has been received by Westminster, with the system being deliveredin full over the next few weeks. Commenting on the latest contract award, Peter Fowler, Chief Executive ofWestminster Group, said: "I am delighted that our international division has secured this important newcontract, which in addition to other contract wins recently announced to themarket, clearly proves Westminster's growing international reputation.Westminster's target market of providing bespoke solutions to governments andgovernmental agencies worldwide, has huge potential". Enquiries: Peter Fowler 01295 756 300Chief Executive - Westminster Group Plc Clive Carver 020 7600 1658JM Finn & Co Tom Cooper/Paul Vann 0117 920 0092Winningtons Financial Notes: Westminster Group plc is a leader in the supply of system solutions and productsto the security, defence, fire protection and safety markets worldwide. It wasadmitted to the Alternative Investment Market of the London Stock Exchange inJune 2007 at which time it raised approximately £2.5million net of expenses byway of a Placing of 4,537,336 new Ordinary Shares at 67.5pence per share throughJ M Finn & Co Ltd, the Company's nominated adviser and broker. Its market valueat flotation was £10million. Westminster's principal activity is the design, supply and ongoing support ofadvanced technology security solutions. These can range from product onlyassignments, such as the supply of specialised scanners, to the design andimplementation of an integrated system solution such as a border detection andsurveillance system. The majority of its customer base, by value, comprisesgovernments and government agencies, non governmental organisations and bluechip commercial organisations This information is provided by RNS The company news service from the London Stock Exchange