New Contract Awards

12 Dec 2006 07:00

Petards Group PLC12 December 2006 Petards Group plc ("Petards" or "the Company") New Contract Awards Petards, the AIM listed developer of advanced surveillance systems, announcesthat it has been awarded significant orders to supply UVMSTM network videorecording systems to customers in the USA and in the UK for eyeTrainTM on-boarddigital CCTV systems. Together these orders are worth approximately £1.2m. The orders from the USA include a further casino development for Choctaw Nation,who have already placed orders worth over $2m, and it is expected that thisfurther system will be delivered in the first quarter of 2007. In addition, theGroup has secured its first order for UVMSTM for a supply into the US railmarket. In the UK Petards has been awarded a contract to supply its eyeTrainTM digitalCCTV systems to Porterbrook for use on its South West Trains Class 158 and 159DMU Fleets. A total of 112 vehicles are to be fitted with internal and forwardfacing cameras, as part of a franchise commitment to improve staff and passengersafety. It is expected that deliveries of the eyeTrainTM systems will commencein March 2007. Petards Chief Executive Bill Conn said "It is very pleasing to secure theseorders for supply to the transport and casino markets, both of which are sectorsthat we consider to be important in our plans for the future growth of thebusiness. The orders from the US will provide us with important reference sitesin that market and by securing our first contract from Porterbrook we havefurther strengthened our position in the UK rail CCTV market." For further information:Petards Group plcAndy Wonnacott, Finance Director 01932 788 288www.petards.com Parkgreen Communications 020 7493 3713Ben Knowles 07900 346 978 Editor's notes: Petards' UVMSTM software is a versatile and totally scaleable network managementtool for the recording, storage and instant retrieval of high volumes of digitalsurveillance video. It features advanced recording, camera mapping & imagereplay functions and will form the backbone for any new or existing CCTV system.Its flexibility to grow with clients' security requirements ensures their CCTVsystems have the ability to expand in the future whilst working over a varietyof network protocols. More information on the on-board digital CCTV systems can be found on:http://www.petardsjoyce-loebl.net/en/Products/cctv.aspx END This information is provided by RNS The company news service from the London Stock Exchange