Sarantel Group PLC
03 February 2006
Embargoed until 7:00 3 February 2006
Sarantel Group PLC
AGM Statement
At today's Annual General Meeting of Sarantel Group PLC ('Sarantel'), the Chief
Executive, David Wither, will make the following statement:
'Trading in the financial year to date is in line with
the management's expectations, with the exception of the satellite radio order
delay announced on 20 December 2005.
The company has shipped small numbers of units in relation to this order but
volume shipment dates remain to be confirmed.
Sarantel intends to provide a further trading update following the 31 March 2006
half year end.'
For further information please contact:
Sarantel Group PLC www.sarantel.com
David Wither, CEO/Sitkow Yeung, CFO 01933 670560
------------------
Arbuthnot 020 7012 2102
Richard Dunn
Smithfield 020 7360 4900
Sara Musgrave
Pictures are available for the media to view and download from www.vismedia.co.uk
---------------------------------------------------------------------------------
About Sarantel
Sarantel designs, manufactures and sells patented, ceramic, filtering antennas
for use in portable wireless devices such as PDAs, laptops and 3G mobile
devices. These antennas solve a performance impairment problem, that is faced by
conventional antennas, by reducing the amount of energy that is absorbed into
the body by approximately 90 per cent. The Sarantel technology therefore
provides a stronger and clearer signal to enable better product performance and
also more attractive product styling.
In April 2005, Sarantel announced an agreement with TomTom to supply its
GeoHelix GPS antenna for use in TomTom's newest navigation solutions, TomTom
MOBILE 5 for mobile phones and TomTom NAVIGATOR 5 for PDAs. The GPS receiver is
so sensitive it can be placed in a pocket or bag, without line of sight
required, ensuring reliable reception in urban areas or next to the body.
As well as GPS, Sarantel's antennas can service Wi-Fi, 3G, satellite radio, and
Bluetooth platforms that are expected to be a key element in the future success
of mobile network operators and device manufacturers.
This information is provided by RNS
The company news service from the London Stock Exchange
*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.