7 September 2010
Vislink plc
Order Wins and Supplier Agreement
Vislink plc ("The Group"), the global technology business specialising in secure communications products and services for the News & Entertainment, Law Enforcement & Public Safety, Marine & Energy markets, announced today that during the last month it has signed orders for several systems for the onshore installation of an export terminal in the Middle East. The order value is in total approximately £2 million. The customer is purchasing these systems from Vislink's Marine & Energy business, and marks a significant further step in building the company's presence in the Middle East.
The Group has also signed a master agreement with a major procurement agency in the Far East to be a key supplier; and expects to supply several systems in the course of the rest of this year, with an anticipated total value of approximately £1 million. The customer is purchasing these systems from Vislink's Law Enforcement & Public Safety business. This marks the further growth of the Group's law enforcement business as well as extending its presence in AsiaPac
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For further information, please contact:
Duncan Lewis, Chief Executive +44 (0) 14 88 68 55 00
James Trumper, Group Finance Director +44 (0) 14 88 68 55 00
Andrew Hayes, Hudson Sandler +44 (0) 20 77 96 41 33
About Vislink plc
The Vislink Group is strategically focussed on providing secure communication technologies to customers in its chosen markets. We specialise in wireless, video and IP technologies together with the supporting management systems. We have four international business units organised to serve its customers in News & Entertainment, Law Enforcement & Public Safety, Marine & Energy and the related Services markets. With offices in the UK, USA, Norway, Dubai, South Africa and Singapore we employ over 420 people worldwide and have net assets in excess of £50 million. Our products include the design and manufacture of microwave radio, satellite transmission, wireless camera and marine CCTV systems; our manufacturing operations are in the UK, Norway and the USA.