Contract Award

RNS Number : 5897R

Digital Barriers plc

07 November 2011

 



7 November 2011

Digital Barriers plc

("Digital Barriers" or the "Company")

Contract award

The Board of Digital Barriers plc (AIM: DGB) (the "Board"), the specialist provider of advanced surveillance technologiesto the security and defence sectors, is pleased to announce the award of a contract by the UK Ministry of Defence. Valued at approximately £1.0m, the contract is for the provision of a range of Digital Barriers video surveillance products, including both fixed and mobile components. The contract duration is 5 months.

Colin Evans, Group Managing Director of Digital Barriers commented:

"I am delighted to announce the award of this contract. To have our surveillance technology selected by the UK Ministry of Defence is an important milestone in the development of our business. It validates our focus on acquiring and integrating the highest quality technologies over the past eighteen months, and leveraging our expertise in taking them to a broader market. This contract further strengthens our position in the UK and highlights our credentials internationally as a provider of world-class technology."

For further information please contact:

Digital Barriers plc	[phone]
Colin Evans, Group Managing Director
Investec Investment Banking	[phone]
Andrew Pinder
FTI Consulting	[phone]
Edward Bridges / Matt Dixon

About Digital Barriers:

Digital Barriers provides advanced surveillance technologies to the international homeland security and defence markets. Specialising in 'edge-intelligent' solutions that can be deployed across remote, hostile or complex operating environments, we work with governments, multinational corporations and system integrators in the defence, law enforcement, critical infrastructure, transportation and natural resources sectors.

www.digitalbarriers.com 

Disclaimer:

This announcement includes statements that are, or may be deemed to be, "forward-looking statements".  These forward-looking statements can be identified by the use of forward-looking terminology, including the terms "believes", "estimates", "plans", "projects", "anticipates", "expects", "intends", "may", "will", or "should" or, in each case, their negative or other variations or comparable terminology.  These forward-looking statements include matters that are not historical facts.  They appear in a number of places throughout this announcement and include statements regarding the Company's current intentions, beliefs or expectations concerning, among other things, the Company's results of operations, financial condition, liquidity, prospects, growth, strategies and the Company's markets.  By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances.  Actual results and developments could differ materially from those expressed or implied by the forward-looking statements.  Forward-looking statements may and often do differ materially from actual results.  Any forward-looking statements in this announcement are based on certain factors and assumptions, including the Company's current view with respect to future events and are subject to risks relating to future events and other risks, uncertainties and assumptions relating to the Company's operations, results of operations, growth strategy and liquidity.  Whilst the Company considers these assumptions to be reasonable based upon information currently available, they may prove to be incorrect.  Save as required by law or by the AIM Rules for Companies, the Company undertakes no obligation to publicly release the results of any revisions to any forward-looking statements in this announcement that may occur due to any change in the Company's expectations or to reflect events or circumstances after the date of this announcement.

 

END

 

 

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