Sarantel Group PLC
21 July 2005
Embargoed until 7:00 21 July 2005
Sarantel Group PLC ('Sarantel')
Successful equipment commission
Sarantel, the leading manufacturer of revolutionary filtering antennas for
wireless devices, is pleased to announce that its leading-edge, bespoke
manufacturing equipment has been successfully commissioned and is in production.
The Company is confident that it now has a scalable production platform and
anticipates providing an update on trading following its year end.
For further information please contact:
Sarantel Group PLC www.sarantel.com
David Wither, CEO/Sitkow Yeung, CFO 01933 670560
Smithfield 07736 979 302
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. Its current focus is on producing antennas for the GPS market which
allow a clearer signal than conventional antennas whilst reducing the amount of
energy absorbed by the head by approximately 90 per cent. The antennas simplify
system design, thus allowing design standardisation and reduced time to market
and cost for manufacturers.
As well as GPS, Sarantel's antennas are designed to service Wi-Fi, 3G and
Bluetooth platforms which are expected to be a key element in the future success
of mobile network operators and device manufacturers. Sarantel's antennas can
significantly increase the range and effective bandwidth of Wi-Fi devices and
Sarantel is planning to commence high volume delivery of its antennas into the
satellite radio market within the next 12 months.
Sarantel listed on AIM, a market operated by the London Stock Exchange, on 2nd
March 2005 at an issue price of 82p. Sarantel is included in the IT Hardware
sector (93) within the Telecommunications equipment sub-sector (938) and has a
RIC code of SLG.L
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.