Petards Group PLC
12 December 2006
Petards Group plc ('Petards' or 'the Company')
New Contract Awards
Petards, the AIM listed developer of advanced surveillance systems, announces
that it has been awarded significant orders to supply UVMSTM network video
recording systems to customers in the USA and in the UK for eyeTrainTM on-board
digital CCTV systems. Together these orders are worth approximately £1.2m.
The orders from the USA include a further casino development for Choctaw Nation,
who have already placed orders worth over $2m, and it is expected that this
further system will be delivered in the first quarter of 2007. In addition, the
Group has secured its first order for UVMSTM for a supply into the US rail
market.
In the UK Petards has been awarded a contract to supply its eyeTrainTM digital
CCTV systems to Porterbrook for use on its South West Trains Class 158 and 159
DMU Fleets. A total of 112 vehicles are to be fitted with internal and forward
facing cameras, as part of a franchise commitment to improve staff and passenger
safety. It is expected that deliveries of the eyeTrainTM systems will commence
in March 2007.
Petards Chief Executive Bill Conn said 'It is very pleasing to secure these
orders for supply to the transport and casino markets, both of which are sectors
that we consider to be important in our plans for the future growth of the
business. The orders from the US will provide us with important reference sites
in that market and by securing our first contract from Porterbrook we have
further strengthened our position in the UK rail CCTV market.'
For further information:
Petards Group plc
Andy Wonnacott, Finance Director 01932 788 288
www.petards.com
Parkgreen Communications 020 7493 3713
Ben Knowles 07900 346 978
Editor's notes:
Petards' UVMSTM software is a versatile and totally scaleable network management
tool for the recording, storage and instant retrieval of high volumes of digital
surveillance video. It features advanced recording, camera mapping & image
replay functions and will form the backbone for any new or existing CCTV system.
Its flexibility to grow with clients' security requirements ensures their CCTV
systems have the ability to expand in the future whilst working over a variety
of network protocols.
More information on the on-board digital CCTV systems can be found on:
http://www.petardsjoyce-loebl.net/en/Products/cctv.aspx
END
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