Sarantel Group PLC
05 April 2006
Embargoed until 7:00 5 April 2006
Sarantel Group PLC
Half Year Trading Update
Sarantel, the leading manufacturer and supplier of filtering antennas for mobile
and wireless devices, today provides a trading update for the six months ended
31 March 2006.
Revenues for the six months ended 31 March 2006 are expected to be not less than
£2m compared to £1m in the same period last year. During the first half, the
Group successfully ramped up production and in March commenced volume deliveries
of its satellite radio antennas for the North American market.
Sarantel intends to announce its results for the half year on 24 May 2006. There
will be a presentation to analysts on the day at 9.30am, held at Smithfield, 10
Aldersgate Street, London, EC1A 4HJ.
For further information please contact:
Sarantel Group PLC www.sarantel.com
David Wither, CEO 01933 670560
Sitkow Yeung, CFO
Arbuthnot 020 7012 2102
Richard Dunn
Smithfield 020 7360 4900
Sara Musgrave=
Tania Wild
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
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