US$1.3 million of new AIS Orders Received

20 Oct 2010 07:00

SOFTWARE RADIO TECHNOLOGY PLC ("SRT" or the "Company") US$1.3 million of new AIS Orders Received

Software Radio Technology plc ("SRT" or the "Company") is pleased to announce that in the last week it has received new orders for its AIS Class A product worth a total of US$1.3 million.

The orders are follow-on orders from existing customers and will be delivered during the current financial year.

Mandates, such as those for the EU Inland Waterways and in Turkey, coupled with growing general awareness of the commercial, safety and security benefits of AIS, continue to drive demand from all parts of the world for the Company's AIS module and OEM products.

Simon Tucker, SRT's Chief Executive Officer, said: "These orders from existing customers demonstrate our successful strategy of constant market and partner evaluation to ensure our potential market share of the growing global AIS market is maximised."

-ends- Enquiries: Software Radio Technology plc +44 (0)1761 409500 Simon Tucker simon.tucker@softwarerad.com Chief Executive Officer Westhouse Securities Limited +44 (0) 20 7601 6100 Tim Feather Matthew Johnson Leander PR Christian Taylor-Wilkinson +44 (0)7795 168 157About SRT:

Software Radio Technology plc, develops advanced radio communications technologies which are used to create enabling modules and OEM products. SRT Marine Technology Limited focuses on VHF and AIS technologies for use in navigation and homeland security identification and tracking applications. SRT Marine Technology provides its solutions in a variety of module and OEM product formats.