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ETHERSTACK PLC — Regulatory Filings 2020
Feb 10, 2020
64877_rns_2020-02-10_de4b68f5-1108-4231-b9d7-4a2d3f276c14.pdf
Regulatory Filings
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Etherstack plc | Sydney (GMT+10) 93A Shepherd Street Chippendale, NSW 2008 Australia Email :[email protected] P : +61 2 8399 7500 F : +61 2 8399 7507
11 February 2020
ASX Announcement
ETHERSTACK PLC [ASX:ESK]
("Etherstack" or the "Company")
US$1.35m North American Equipment Sale
Etherstack plc is pleased to advise the group’s North American subsidiary, Etherstack Inc., has signed a US$1.35m deal to supply digital radio communications equipment to a North American channel partner, Daniels Electronics Ltd, a subsidiary of Codan Limited. The equipment to be supplied is manufactured in Australia by Etherstack.
The supply contract has a 2 year term. Revenue will be recognised over the two years as the equipment is supplied to Etherstack’s channel partner which will reflect the pattern of sales achieved by the channel partner.
Authorised for release by David Carter
Enquiries
Etherstack 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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London (GMT) P : +44 207 734 0200 [email protected]
English Registered Company No. 7951056 | ARBN 156 640 532 Yokohama (GMT +9) P : +81 45 342 9050 [email protected]
New York (GMT-5) P : +1 917 661 4110 [email protected]