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Pin to quick picksWestminster Group Regulatory News (WSG)

Share Price Information for Westminster Group (WSG)

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Share Price: 2.60
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New Contract Awards

13 Mar 2008 07:00

Westminster Group PLC13 March 2008 13th March 2008 Westminster Group Plc: New contract wins - UK & Middle East Westminster Group plc ('Westminster' or the 'Group'), the AIM listed supplier ofsystem solutions and products to the security, defence, fire protection andsafety markets worldwide, announces that it has secured two important newcontracts to provide security equipment and solutions in the UK and the MiddleEast. In the UK, Westminster's subsidiary RMS Integrated Solutions Ltd has beenawarded a new contract for the provision of security solutions to multi-storeybuildings in London. The contract valued at circa 100,000 GBP involves theinstallation of Access Control, Door Entry and Satellite TV systems in eight(five storey) blocks of flats. The contract requires an immediate start and isdue for completion this financial year. In the Middle East, Westminster International has been awarded a contract valuedat 66,000 GBP for the provision of specialised RF & GSM frequency jammingequipment for protection of a Middle East government agency to help protectagainst IED's (Improvised Explosive Devices) and roadside bombs. Commenting on the latest contract awards, Peter Fowler, Chief Executive ofWestminster Group, said: "I am very pleased with these two new contract awards which further demonstrateour breadth of product range and global reach. "The success of RMS has been particularly pleasing. Many will know us for ourinternational achievements however this, alongside other contract wins recentlyannounced for RMS, underlines the importance to the Group of the opportunitythat presents in the UK market. "Securing important new contracts from governments and governmental agenciesaround the world is a major focus for Westminster and this new contract award inthe Middle East shows our International division is performing well andWestminster's reputation is continuing to grow within the region". 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
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