Vislink PLC
23 May 2007
Vislink plc
Annual General Meeting trading update
Wednesday 23rd May 2007
Vislink plc ('the Group'), the leading supplier of microwave radio and satellite
transmission products for the broadcast and security markets and CCTV systems
for the marine security market, will hold its Annual General Meeting later this
morning.
The Chief Executive, Ian Scott-Gall, will give a trading update to the meeting
including the following comments.
'The Group's first four month's trading is in line with expectations.
In the US MRC continues to benefit from a strong domestic market and has
introduced new microwave products which were well received at the recent
National Association of Broadcasters show culminating in a US$18 million
purchase order for the domestic market.
Link Research, the UK wireless camera business, is seeing excellent growth in
Asia, including the Chinese broadcast market as part of the build up for the
2008 Olympic Games. Link is also continuing to have success in Europe and have
won a contract to supply wireless camera radio systems for the European Touring
Car race series. Link is seeing significant sales of HD Wireless Camera products
both internationally and into the US domestic market through MRC.
Advent, the UK satellite business, has won a significant order for the supply of
satellite transmission products to a West African state broadcaster. MRC has won
a US$2.1 million contract for the supply of Advent satellite antennas into the
US Defence Law Enforcement Security market. The Group continues to pursue a
number of contracts in this market sector both in the US and internationally
which are expected to benefit the second half of the year.
Hernis, our specialist marine safety and security business has continued to see
a high level of demand in its offshore and marine markets and a strong order
intake.
In summary, the Group has made a good start to the year and the Board views the
rest of the year with confidence.'
-Ends-
For further information on Wednesday May 23rd 2007, please contact:
Vislink plc:
Ian Scott-Gall, Chief Executive, 01488 685500
James Trumper, Group Finance Director 01488 685500
Hudson Sandler:
James White 020 7796 4133
This information is provided by RNS
The company news service from the London Stock Exchange
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