FD Technologies Ltd. — Regulatory Filings 2020

Dec 14, 2020

National Storage Mechanism | Additional information

RNS Number : 4647I

GSTechnologies Ltd

14 December 2020

14 December 2020

GSTechnologies Limited

("GST" or the "Company")

EMS Contract Win

GSTechnologies Limited (LSE: GST), the integrated information and communication technology infrastructure solutions provider, is pleased to announce that its wholly owned Singapore based subsidiary, EMS Wiring Systems Pte Ltd ("EMS"), has secured a contract for the installation of an integrated security system in a Singapore data centre valued at approximately US$1 million (the "Contract").

Under the Contract EMS is providing two types of integrated security system, combining access control, alarms, intrusion detection, key management, RFID, Morphowave, intercom and video on to one unified platform.  EMS is also providing the security and IT infrastructure connecting to both the systems.  The Contract is anticipated to be completed by the end of Q1 2021.

Garies Chong, Chief Executive Officer of GST, commented: "We are delighted to have won this sizeable project to facilitate a Singapore data centre cloud service provider's expansion.  This contract highlights EMS' wide ranging capabilities and we look forward to securing further significant business in 2021."

Prior to publication, the information contained within this announcement was deemed by the Company to constitute inside information for the purposes of Article 7 under the Market Abuse Regulation (EU) No. 596/2014 ("MAR"). With the publication of this announcement, this information is now considered to be in the public domain. 

Enquiries:

The Company
Tone Goh, Executive Chairman	Singapore	+65 6444 2988
Financial PR & Investor Relations IFC Advisory Limited
Tim Metcalfe / Graham Herring / Florence Chandler	London	+44 20 3934 6630

About GST

GST provides optimal wireless, electronic cabling, security, and other solutions to clients operating in the infrastructure development space. GST builds on the profitable ICT business of its Singaporean subsidiary EMS Wiring Systems, which has been supplying governments and large private organisations with intelligent building solutions for the last 30 years. GST's strategy is to develop solutions to meet the needs of the ICT industry, acting on the surging opportunities in the technology and innovation sectors - data centres, intelligent buildings, smart cities and the Internet of Things - particularly targeting emerging markets where the demand for ICT infrastructure is increasing rapidly.

For more information please see: https://gstechnologies.co.uk/

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