Two New Contract Wins

2 Nov 2005 07:00

Croma Group PLC02 November 2005 2 NOVEMBER 2005 CROMA GROUP PLC ("Croma" or "the Group") CROMA WINS TWO MAJOR NEW BUSINESS CONTRACTS FOR £550,000 The Board of Croma, the specialists in the design, development and production ofovert and covert surveillance, security and defence related products, todayannounces two further major contract wins from its R & D Design Services Ltd subsidiary, based in Margate, England, to the value of £550,000. Due to the confidentiality of today's contract wins, the two clients cannot benamed. The Board highlights however that both clients operate within the defencesector, and products will be delivered during the current financial year. R & D Design Services Ltd ("R & D"), founded in 1991 and based in the UK, hasbuilt a leading reputation within the Avionics and Defence Industries forproviding proven airborne, maritime and ground-based surveillance solutions tomany police, search & rescue, military and government organisations at home andabroad. A full range of surveillance monitors utilising the proprietary videoimage enhancement technology pioneered by R & D has won the confidence ofleading helicopter and fixed wing manufacturers worldwide making R & D'ssurveillance monitors the first choice as original equipment fitted for theirdemanding end-customers. --ENDS-- Enquiries: Croma Group plcJohn French, Chairman & Chief Executive Mobile: 07836 722 482 Bishopsgate Communications Ltd. Tel: 020 7430 1600Dominic Barretto Mobile: 07930 450 156Maxine Barnes Mobile: 07860 489 571 Notes to Editors: Listed on the AIM market of The London Stock Exchange, Croma Group plc, the specialists in the design, development,production and marketing of overt and covert surveillance and defence related products, comprises of three divisions; namely Croma Defence Systems Ltd, Shawley (a division of Croma Defence) and R & D Design Services Ltd. This information is provided by RNS The company news service from the London Stock Exchange