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ETHERSTACK PLC — Regulatory Filings 2016
Dec 5, 2016
64877_rns_2016-12-05_a0e5fede-1e65-4850-accb-228c2b7e1b55.pdf
Regulatory Filings
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Etherstack plc | London 1[st] Floor, 28 Poland Street London, W1F 8QN UNITED KINGDOM E: [email protected] P : +44 20 7734 0200 F: +44 20 7437 1505
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6th December 2016
ASX Announcement ETHERSTACK PLC
[ASX:ESK]
("Etherstack" or the "Company")
ETHERSTACK RECEIVES DIGITAL RADIO NETWORK EXPANSION ORDER
Etherstack plc, the specialist in wireless communications technologies, is pleased to announce that the Etherstack group has received an order for its equipment to be deployed on new sites for an existing P25 digital radio network deployed by the group in Australia.
The expansion order value is AUD $422,000 (USD$312,000) and is expected to be delivered, and recognised as revenue, in the current financial year. The order was placed by Etherstack’s system integrator partner, BAI Communications.
David Deacon, Etherstack plc CEO, said: “During 2016 the company has continued to drive revenue growth through both new greenfield customers and our expanding installed user base. Substantial expansion orders demonstrate our customers’ high satisfaction with our products as well as fundamental improvements in our long term recurring revenues”.
Enquiries
Etherstack plc Media: Walbrook Investor Relations David Carter, Chief Financial Officer Mr. Ben Knowles T: +61 2 8399 7500 T: +61 426 277 760 www.etherstack.com [email protected]
About Etherstack plc (ASX:ESK):
Etherstack is a wireless technology company specialising in developing, manufacturing and licensing mission critical radio technologies for wireless equipment manufacturers and network operators around the globe. With a particular focus in the public safety, defence, utilities, transportation and resource sectors, Etherstack's technology and solutions can be found in radio communications equipment used in the most demanding situations. The company has R&D facilities in London, Sydney, New York and Yokohama.
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English Registered Company No. 7951056 | ARBN 156 640 532
Sydney Yokohama +61 2 8399 7500 +81 45 342 9050 [email protected] [email protected]
New York +1 917 661 4110 [email protected]