Trading Update: Additional phosphour orders

RNS Number : 9345J

Spectra Systems Corporation

10 December 2018

 

10 December 2018

Spectra Systems Corporation ("Spectra")

Trading Update: Additional phosphour orders

This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.

Spectra Systems Corporation, a leader in machine-readable high speed banknote authentication, brand protection technologies, and gaming security software, is pleased to announce that it has received unexpected additional orders for its high performance phosphours used by a G7 central bank.  These additional end of year orders are expected to result in a significant increase in Spectra's profits above market expectations for 2018.

Dr. Nabil Lawandy, Chief Executive Officer, stated: "We are very pleased that we were able to provide a second positive trading update in 2018 further underpining our continued growth, particularly in the area of optical materials"

Enquiries:

Spectra Systems Corporation

Dr. Nabil Lawandy, Chief Executive Officer                                          Tel: [phone]

WH Ireland Limited

Chris Fielding (Managing Director, Corporate Finance)                       Tel: [phone]

 

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