Screen PLC
19 March 2001
SCREEN PLC: PRODUCT LAUNCH AND OVERSEAS CONTRACT GAIN
First Order for New Motorcycle Video System from the Hong Kong Traffic Police
Screen Plc ('Screen'), the provider of advanced security and communications
systems, announces the launch of a new video recording product for police
motorcycles and its first major order from the Hong Kong Traffic Police to
equip their BMW motorcycles with this advanced compact system.
The initial order, worth approximately EUR 120,000 (GBP 75,000), represents
Screen's first major order for this new product application worldwide by any
motorcycle police force, and will be installed on approximately 10 per cent of
the Hong Kong Traffic Police's motorcycle fleet.
The new motorcycle video recording system features three component parts: a
digital micro head camera, a small digital VCR, and a waterproof monitor. The
system incorporates the latest multi-processor with computer controlled data
menu system, an advanced integrated compact design and is operated entirely by
a cable remote control placed near the steering grip. This lightweight,
compact and easy to use system can be fitted into any make of motorcycle.
This new product is particularly suited to areas with intense traffic
congestion, like Hong Kong, where police motorcycles are more maneuverable
than police cars. The technology is expected to assist in reducing levels of
dangerous driving, vehicle theft and other traffic offences, providing safer
roadways for public use. Screen expects additional demand from the Hong Kong
Traffic Police based on economic considerations.
This contract follows pilot orders for the product sold in prototype
quantities and other orders for Screen's in-car version of the product from
the Hong Kong Traffic Police. Further demonstrations are planned in the near
future in Macao and mainland China for the new motorcycle video system. Screen
has established a strong customer base for its existing in-car video system,
with almost every police force in England and Wales, and intends to market
this new product to its established customer base as well as marketing the
product internationally through its network of distributors in 38 countries.
Richard Hill, Group Business Development Director, said: 'We believe that this
product is technically more advanced than those of its competitors, which do
not use digital recording and is also keenly priced.'
He added: 'We intend to target police forces in every large city which suffers
from dense traffic problems, including the massive US market, which is
fragmented and where we are currently in discussions with potential partners
to pursue distribution to North American police forces.'
Owen Williams, Chairman of Screen, said: 'This innovative technology came from
our Danish subsidiary, Petards Mobile Intelligence A/S, and represents the
first new product announced since the acquisition of this business from the
Danish Company JAI A/S (announced in September 2000). This acquisition also
brought us an international sales network which would have taken years to
establish.'
He added: 'Screen remains at the forefront of the industry and continues to
offer highly advanced products to local government, Fire and Police
authorities. With UK Government commitment to public sector spending and
increased recognition for security systems and crime reduction technology our
outlook is unaffected by economic swings and the market remains strong. As an
innovator, Screen will continue to develop high quality in-house products for
the public safety markets.'
Contacts:
Screen Plc Binns & Co PR Ltd
Richard Hill, Group Business Development Director Peter Binns
Tel: 07767 342556 Paul McManus
Owen Williams, Chairman Tel: 020 7786 9600
Tel: 01628 820011
info@screenplc.com http://www.screenplc.com
19 March 2001
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.