QM Systems contract win with Dana Holding Corpo...

22 December 2015

PipeHawk plc

(“PipeHawk” or the “Company”)

QM Systems contract win with Dana Holding Corporation

QM Systems, a wholly-owned subsidiary of PipeHawk, is pleased to announce that it has been awarded a major contract with Dana UK Axle Ltd (“Dana UK Axle”), a subsidiary of Dana Holding Corporation (a further new client to QM Systems), to deliver a turnkey system for the assembly of vehicle axles at Dana UK Axle’s Birmingham, UK facility for over £500,000. The system will involve a number of integrated elements including a press and a robotic weld system. The project is due for delivery by the end of Q2 2016.

Gordon Watt, Chairman of PipeHawk plc commented, "We have developed a good relationship with Dana and I am confident that Dana will become one of our larger clients. This is the first of the expected orders referred to in our recent shareholder presentation."

Enquiries:

PipeHawk Plc Gordon Watt (Chairman)	Tel. No. 01252 338 959
Sanlam Securities UK Limited (Nomad and Broker) David Worlidge/James Thomas	Tel. No. 020 7628 2200