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ETHERSTACK PLC — Regulatory Filings 2020
Jan 23, 2020
64877_rns_2020-01-23_28e9a25f-426a-4c9f-bbb9-ae6eb1e7e987.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
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24 January 2020
ASX Announcement
ETHERSTACK PLC [ASX:ESK]
("Etherstack" or the "Company")
ETHERSTACK RECEIVES DIGITAL RADIO NETWORK EXPANSION ORDER
Etherstack is pleased to announce that its Australian subsidiary (Auria Wireless Pty Ltd) has received another network expansion order from Ergon Energy Corporation, an Australian energy utility, for equipment and software to be deployed in Ergon’s P25 digital radio network.
The expansion order value is approximately AUD $520,000 (~USD$359,000) and is expected to be substantially delivered, and recognised as revenue, in the current financial year.
Ergon’s APCO P25 digital radio network has been in operation since 2012 and consists of over 100 digital trunked radio network sites supplied by Auria and has been operating flawlessly since commissioning. The network supports advanced location services features and duress alerting to support the utility’s business operation needs and provide enhanced worker safety in remote areas.
The network equipment is manufactured in Australia and fully conforms to the APCO P25 digital radio standards, allowing interconnection to other similar digital radio networks and 3[rd] party consoles via open standards interfaces known as the ISSI & CSSI.
Etherstack CEO, David Deacon said, “This latest expansion provides Ergon digital radio network coverage in significant new regions. This advanced fully standards compliant P25 network is now the largest P25 digital radio network in Queensland by coverage, providing essential communications and location based services to Ergon personnel in the field.”
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.
London (GMT) P : +44 207 734 0200 [email protected]
New York (GMT-5) P : +1 917 661 4110 [email protected]
English Registered Company No. 7951056 | ARBN 156 640 532 Yokohama (GMT +9) P : +81 45 342 9050 [email protected]