Contract Extension

RNS Number : 1986X

Avingtrans PLC

11 August 2009

 

11 August 2009

Avingtrans plc

('Avingtrans' or 'The Company')

Contract Extension with Siemens

Avingtrans plc (AIM:AVG), the designer, manufacturer and supplier of critical components and associated services to the energy, medical, industrial and global aerospace sectors, is pleased to announce that its Energy and Medical division has secured a contract extension for the supply of Magnetic Resonance Imaging ('MRI') products to Siemens Healthcare out to October 2010 and represents an increase of up to 30% in the value of the Company's existing contract with Siemens Healthcare.

Commenting, Steve McQuillan, CEO of Avingtrans, said:

'The extension of our contract demonstrates the strong ongoing relationship we have with Siemens Healthcare which is a leading global provider in the medical imaging sector. Our work with Siemens spans more than two decades and we continue to work together bringing innovative design and manufacture of leading products into the MRI arena.'

www.avingtrans.plc.uk

Enquiries

:

Avingtrans plc, Steve McQuillan, CEO 

Tel: [phone] 

KBC Peel Hunt, Richard Kauffer

Tel: [phone]

Hansard Group, John Bick 

020 7245 1100

 

END

 

 

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