Westminster Group PLC
03 September 2007
3rd September 2007
Westminster Group Plc: New contract win
Perimeter Protection Systems for Global Energy Company in Yemen
Westminster Group Plc ('Westminster' or 'the Company'), the AIM listed supplier
of system solutions and products to the security, defence, fire protection and
safety markets worldwide, announces a new contract award to supply their
specialist perimeter detection system across a multi site operation of a global
energy company operating in Yemen.
The contract valued at US$900,000 was awarded to Westminster following an
international tender process. The installation of specialist detection systems
will disrupt any attempted intrusion by climbing, cutting or lifting of the
perimeter fencing around the sites, each of which is several kilometres in
length.
Westminster's specialist perimeter detection system can be fitted to perimeter
fencing structures or covertly buried below the ground, providing very high
levels of detection whilst advanced filtering technology eliminates most causes
of false alerts.
The system is capable of monitoring tens or even hundreds of kilometres of
perimeter or border fencing without the need for any 'in field' electronics,
power supplies or analysers and yet can pinpoint the location of any incident to
within a few metres.
The contract, which will be managed in conjunction with the company's new Middle
East office, will commence immediately, with the installation expected to last
for several months.
Commenting on the latest contract awards, Peter Fowler, Chief Executive of
Westminster Group, said: 'I am delighted that our international division has
secured this important new contract, which will help secure our client's
personnel and infrastructure at key sites in this troubled part of the world.
The contract award demonstrates Westminster's growing international reputation
and, in this case particularly, was won as a result of our ability to respond
quickly to the client's needs. I am sure that this high profile project will
lead to further significant contract awards, both in perimeter security and in
the region'.
Enquiries:
Peter Fowler 01295 756 300
Chief Executive
Westminster Group Plc
Clive Carver 020 7600 1658
JM Finn & Co
Tom Cooper/Paul Vann 020 7256 9445
Winningtons Financial
Notes:
Westminster Group plc is a leader in the supply of system solutions and products
to the security, defence, fire protection and safety markets worldwide. It was
admitted to the Alternative Investment Market of the London Stock Exchange in
June 2007 at which time it raised approximately £2.5million net of expenses by
way of a Placing of 4,537,336 new Ordinary Shares at 67.5pence per share through
J M Finn & Co Ltd, the Company's nominated adviser and broker. Its market value
at flotation was £10million.
Westminster's principal activity is the design, supply and ongoing support of
advanced technology security solutions. These can range from product only
assignments, such as the supply of specialised scanners, to the design and
implementation of an integrated system solution such as a border detection and
surveillance system. The majority of its customer base, by value, comprises
governments and government agencies, non governmental organisations and blue
chip commercial organisations
This information is provided by RNS
The company news service from the London Stock Exchange
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