US$480,000 AIS Class A Order Received

21 Jun 2010 08:50

SOFTWARE RADIO TECHNOLOGY PLC ("SRT" or the "Company") US$480,000 AIS Class A Order Received

Software Radio Technology plc ("SRT" or the "Company") is pleased to announce that it has received a new order worth US$480,000 for its recently launched AIS Class A transceiver, together with the required advanced order confirmation payment.

SRT commenced production of its new AIS Class A Transceiver product line in May 2010. This order is a follow-on order from the customer which has already taken delivery of units and will be fulfilled prior to 30 September 2010.

Neil Peniket, SRT's COO said: "This is a new product for SRT and whilst we are confident that it is competitive, follow-on orders from existing customers demonstrate satisfaction in the market. Our challenge is to ensure that we continue to ramp up manufacturing capability in a controlled manner to satisfy demand from our customers."

-ends- Enquiries: Software Radio Technology plc +44 (0)1761 409500 Simon Tucker simon.tucker@softwarerad.com Group Managing Director Westhouse Securities Limited +44 (0) 20 7601 6100 Tim Feather Matthew Johnson About 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.