Less Ads, More Data, More Tools Register for FREE

US$1.8 million order received

19 May 2011 07:00

SOFTWARE RADIO TECHNOLOGY PLC ("SRT" or the "Company") US$1.8 million order received

SRT is pleased to announce that it has received an order for AIS OEM products worth US$1.8 million, together with the required upfront deposit.

The order was placed by an existing EU based customer and will be delivered in batches prior to 31 December 2011.

Simon Tucker, CEO of SRT, said, "Whilst we are pleased that SRT is receivingregular orders from our customers, the quantum of this order demonstrates thatthere are increasingly significant market opportunities arising for ourcustomers for which our growing range of products are ideally suited." -ends- Enquiries: Software Radio Technology plc +44 (0)1761 409500Simon Tucker Chief Executive Officer simon.tucker@softwarerad.com Westhouse Securities Limited +44 (0)20 7601 6100

(Nominated Adviser and Joint Broker)

Tim Feather Matthew Johnson Cenkos Securities plc (Joint Broker) +44 (0)20 7397 8900Andy Roberts Leander PR +44 (0)7795 168 157Christian Taylor-Wilkinson About SRT:Software Radio Technology plc, develops advanced radio communicationstechnologies which are used to create enabling modules and OEM products. SRTMarine Technology Limited focuses on VHF and AIS technologies for use innavigation and homeland security identification and tracking applications. SRTMarine Technology provides its solutions in a variety of module and OEM productformats.

XLON

Related Shares

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Back to RNS