BIOME TECHNOLOGIES PLC

Regulatory Filings • Mar 24, 2014

National Storage Mechanism | Additional information

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RNS Number : 0089D

Biome Technologies PLC

24 March 2014

24th March 2014

Biome Technologies plc

Contract for Stanelco RF Technologies Division

Biome Technologies is pleased to announce that its Stanelco Radio Frequency (RF) Technologies Division has today signed a contract with a substantive customer from a regulated industry sector in the UK to supply advanced analytical equipment based on the Group's induction heating technology.

The RF Division is a specialist designer and manufacturer of induction heating and welding equipment serving a number of industrial sectors on a global basis. This contract is for supply of equipment and is expected to generate revenues of over £1.5m during a two year period.  Receipts of approximately one quarter of contract value are expected to be received during 2014.

Paul Mines, Chief Executive, commented:

"This important contract enhances the order-book of our RF Technologies Division and underpins the Group's revenue growth plans.  It is encouraging to see the Division broadening its applications base"

For further information please contact:

Biome Technologies plc

Paul Mines, Chief Executive Officer

www.biometechnologiesplc.com              Tel: +44 (0) 2380 867 100

Daniel Stewart & Company plc

David Hart

www.danielstewart.co.uk                         Tel: +44 (0) 20 7776 6550

Allenby Capital

Chris Crawford/Kelly Gardiner

www.allenbycapital.com                          Tel: +44 (0) 20 3328 5656

FTI Consulting

Oliver Winters                                                     Tel: +44 (0) 20 3727 1535

www.fticonsulting.com

This information is provided by RNS

The company news service from the London Stock Exchange

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