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TGL Transglobe Energy Corporation

295.00
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Transglobe Energy Corporation LSE:TGL London Ordinary Share CA8936621066 CMN SHS NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 295.00 280.00 310.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Touchstone Gold Limited GOS Systems to Upgrade Networks

26/01/2015 7:00am

RNS Non-Regulatory


TIDMTGL

Touchstone Gold Limited

26 January 2015

Touchstone Gold Limited (AIM: TGL) ("Touchstone" or the "Company")

GOS Systems to Upgrade Networks

London, 26 January 2015 - Touchstone, the AIM listed investment company is pleased to provide an update on GOS Systems ("GOS"), a UK security technology group recently acquired in accordance with Touchstone's investment policy.

Network Upgrade

GOS has begun implementing upgrades to enhance its core voice and data network in order to ensure that the networks can meet growing demand from existing and new customers. As well as installation of new equipment and technology, the upgrades will provide network resilience and a flexible solution for significant expansion of existing capacity. The upgrades will also facilitate full UK government accreditation for network security under CESG guidelines. Details of the upgrades are as follows:

   --     Replacement of all old SS7 gateway equipment; 
   --     Expansion of new multi-site redundancy database systems; and 
   --     Installation of additional mobile virtual network operator services into core network. 

These upgrades also enable GOS Systems to bring new services to its customers in a cost-efficient way.

Franz Forrester, Chief Operating Officer of Touchstone commented: "We are upgrading our networks to ensure that network demand from ever-increasing usage growth can be met. This investment will also allow GOS to maintain the highest quality of service and to make our network more cost-effective, to the benefit of our customers business."

About GOS Systems

-- GOS Systems is a UK security group providing a range of leading-edge tactical and strategic intelligence gathering and secure communication solutions for law enforcement, homeland security and government agencies around the world

-- GOS' intelligence gathering solutions provide real-time monitoring of cellular, voice, SMS, and IMSI and IMEI metadata.

-- GOS' safe communications solution offers secure mobile telephony services to ensure privacy and security for customers.

For more information, visit www.touchstonegold.com or www.gos-systems.com

For further information, please contact:

 
 Touchstone Gold Limited     Tel: +44 203 301 
  Trevor Wells                9337 
 
 finnCap Ltd                 Tel: +44 20 7220 
  Matthew Robinson /          0500 
  Simon Hicks 
 Peterhouse Corporate        Tel: +44 20 7469 
  Finance Limited             0936 
 Charles Goodfellow 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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