Contract Awards

RNS Number : 3668R

Avon Rubber PLC

25 October 2013

 



News Release

Strictly embargoed until 07:00 25 October 2013

AVON RUBBER p.l.c.

("Avon", the "Group" or the "Company")

Contract Awards

Following the acquisition of the business and assets of VR Technology Holdings ("VR"), a market leader in diving rebreather systems and dive computers, in April 2013, Avon is pleased to announce the award of two development contracts:-

·    A contract award with Defence Science and Technology Laboratory (DSTL), which develop new technologies for the UK MoD, for diving rebreather design work.

·    A contract award with Oceaneering, a large oil field services and products company, for a new generation of advanced deep-water data loggers.

Commenting, Peter Slabbert, Avon's Chief Executive said 'We acquired VR to broaden our reach in the global respiratory protection market. These contracts together with our own R&D investment in innovative new diving technologies and products will provide increased opportunities for the Group, in particular with navies around the world.'

For further enquiries, please contact:

Avon Rubber p.l.c.
Peter Slabbert, Chief Executive	01225 896 870
Andrew Lewis, Group Finance Director	01225 896 830
Sophie Williams, Group Public Relations Manager	01225 896 563
Weber Shandwick Financial
Nick Oborne	020 7067 0700
Stephanie Badjonat

NOTES TO EDITORS: Avon Rubber p.l.c. is a world leader in the design, test and manufacture of advanced Chemical, Biological, Radiological and Nuclear (CBRN) respiratory protection solutions to the worlds military, law enforcement, first responder, emergency services, fire and industrial markets. Avon has a unique capability in CBRN protection based on a range of advanced CBRN technologies in respirator design, filtration and compressed air breathing apparatus. This enables Avon to develop specialised solutions that take full account of user requirements. Avon also owns a world leading dairy business manufacturing liners and tubing for the automated milking process. For further information please visit the Group's website www.avon‐rubber.com

 

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