Completion of Acquisition

RNS Number : 0997K

Chemring Group PLC

15 December 2008

 



FOR IMMEDIATE RELEASE                                                                                    15 DECEMBER 2008

CHEMRING GROUP PLC COMPLETES ACQUISITION OF 

NON-INTRUSIVE INSPECTION TECHNOLOGY, INC.

Chemring Group PLC announces that it has successfully completed its acquisition of Non-Intrusive Inspection Technology, Inc. ('NIITEK'), having received the necessary regulatory approvals. The acquisition was first announced on 7 October 2008.

NIITEK, based in Virginia, USA, is a leading developer of robot and vehicle-mounted mine detection systems incorporating its advanced Ground Penetrating Radar (GPR) and metal detection technologies. 

For further information:

Dr David Price	Chief Executive, Chemring Group PLC	01489 881880
Paul Rayner	Finance Director, Chemring Group PLC	01489 881880
Rupert Pittman	Cardew Group	020 7930 0777

 

END

 

 

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