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DTI GROUP LTD — Capital/Financing Update 2017
Jul 9, 2017
64790_rns_2017-07-09_0cd14835-1c6c-4fd9-a621-12db114e0457.pdf
Capital/Financing Update
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ASX announcement
10 July 2017
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FY17 Revenue Guidance
DTI Group Ltd (ASX: DTI) (DTI), a leading Australian company providing sophisticated surveillance and communications technologies to the global transit sector, confirms that it expects to report FY17 revenue (unaudited) of $15.5 million to $16.0 million. This is in line with the guidance provided during the past 12 months.
There continues to be strong demand for DTI’s products and services and the Company remains focused on building its contracted backlog and successfully executing projects for its clients. Following a year of consolidation, the Board is confident of an improved revenue result in FY18.
DTI CEO Peter Tazewell, said “DTI has a strong pipeline of opportunities and has experienced strong tendering activity over the past three months. DTI’s commitment to developing innovative solutions for the Transit industry has positioned the company strongly to participate in increased investment in public transit infrastructure”.
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For further information please contact Peter Tazewell, Chief Executive Officer on +61 8 9273 2905 or email [email protected]
About DTI Group
DTI provides sophisticated surveillance systems, solutions and services to the mobile security industry worldwide. DTI’s clients are transit agencies, transit operators, freight operators, law enforcement authorities and taxi organisations which utilise a range of professional products and services that encompass on-board recording equipment, fleet management systems, back-end mass storage and retrieval facilities and end-to-end managed services. Sales and project delivery is undertaken both by DTI directly and through its global partners’ network.
DTI is a recognised supplier to the mass transit surveillance market. Core technology development and system design activities are undertaken from the Company’s headquarters in Perth Australia.
DTI Group Ltd | ABN 15 069 791 091 31 Affleck Rd | Perth Airport WA 6105 T +61 8 9479 1195 | F +61 8 9479 1190 www.dti.com.au