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SRT MARINE SYSTEMS PLC

Regulatory Filings Feb 12, 2013

7929_rns_2013-02-12_c3617afa-239c-4f8c-81ac-c79c8b4d6ea2.html

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RNS Number : 6379X

Software Radio Technology PLC

12 February 2013

SOFTWARE RADIO TECHNOLOGY PLC

(AIM: SRT)

Identifiers ordered for India programme

SRT is pleased to announce that it has received an order for 500 Identifiers from its Indian customer.  The Identifiers are a customised version of SRT's standard Identifier product platform and will be delivered before the end of April 2013.

In 2008, the Indian Government decided to create a national automatic identification system ('AIS') network along its 7,500km coastline as part of a general maritime domain awareness ('MDA') investment programme.  This was specified, tendered and installed within four years and today India has one of the world's most sophisticated AIS networks.  The next phase in this programme is to fit local boats with an AIS device.

Over the last two years SRT and its local partner, Elcome Marine, have been co-operating with local authorities to evaluate and specify the most appropriate solution.  This process has involved extensive discussions and included a preliminary field trial in October 2012.  The order for 500 customised Identifiers is to undertake a much more extensive field trial before commencement of a national rollout.

It is expected that the trial could take up to 12 months and require additional product customisation before commencement of a large scale rollout.

Simon Tucker, CEO, Software Radio Technology plc, said: "With many hundreds of thousands of fishing vessels, India is an enormous market opportunity for SRT and we believe that our Identifier and Class B products provide ideal platforms which can be customised for specific requirements.  Whilst small, this order is a major step forward in the India vessel tracking programme and we look forward to continuing our work with Elcome to provide India with a robust and reliable small vessel tracking solution that the authorities are confident can be rolled out nationally."

Contacts:
Software Radio Technology plc
Simon Tucker, Chief Executive Officer +44 (0) 1761 409 500
[email protected]
WH Ireland Limited
Tim Feather +44 (0) 20 7220 1666
Allerton Communications Limited
Peter Curtain +44 (0) 20 3137 2500

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 customisable module and OEM product formats.

This information is provided by RNS

The company news service from the London Stock Exchange

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