QM Systems contract win with Dana Holding Corpo...

2 February 2016

PipeHawk plc

(“PipeHawk” or the “Company”)

QM Systems additional contract win with Dana Holding Corporation

QM Systems, a wholly-owned subsidiary of PipeHawk, is pleased to announce that it has been awarded a further major contract with Dana UK Axle Ltd, a subsidiary of Dana Holding Corporation to deliver a turnkey system for the final assembly of vehicle axles at its Birmingham, UK facility for over £400,000. Following on from the award of the previous contract in December 2015, this new contract continues the development of the relationship between QM Systems and Dana UK Axle Ltd in providing state-of-the-art turnkey production and test solutions. The project is due for delivery by the end of Q2 2016.

Gordon Watt, Chairman of PipeHawk commented, "This is great news for QM Systems and marks the continued development of QM Systems’s unique business model in providing specialised turnkey manufacturing solutions to all industries."

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