Starcom PLC Kylos Air Customer Approval (8031O)

TIDMSTAR

RNS Number : 8031O

Starcom PLC

10 November 2016

10 November 2016

Starcom Plc

("Starcom" or "the Company")

Kylos Air Customer Approval

Starcom (AIM: STAR), which specialises in the development of wireless solutions for the remote tracking, monitoring and protection of a variety of assets and people, is pleased to announce that global cargo transportation provider, Amerijet Airlines has approved the Company's Kylos Air GPS Tracking Device for Air Cargo ("Kylos Air") use aboard its aircraft.

Amerijet Airlines ("Amerijet"), based in Fort Lauderdale, Florida, is the wholly-owned subsidiary of Amerijet International, Inc. and has offices in 78 Countries and moves more than 136,000 metric tonnes of cargo per year.

Kylos Air allows for the tracking / close monitoring of high value air cargo (such as electronics equipment), temperature sensitive products (such as pharmaceuticals) and products which could be shock sensitive or where a constant record of the delivery chain is vital. The units switch into "Airplane Mode" while in the air, but communicate the moment the cargo exits the aircraft, helping minimise the time that the cargo is not being tracked.

Pamela Rollins, Senior VP Business Development, at Amerijet Airlines, commented, "We have identified the need for the latest in tracking technology to better serve our shipping clientele and Starcom provides this technology. Being able to know exactly where cargo is, and being able to track or monitor it on your smartphone, desktop or via your own tracking platform is critical to the next generation of services we intend to provide."

Avi Hartmann, CEO of Starcom, commented, "Amerijet's approval of the Kylos Air sets the stage for us to work closely with companies in industries such as Pharmaceutical, High Value and Electronics, whose products require constant monitoring.

"The approval represents the first step in our relationship with Amerijet and we hope that our collaboration will enable Starcom to access new customers in new markets in due course. The Company looks forward to providing shareholders with further updates as orders for Kylos Air are received following this initial approval."

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014.

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For further information, please contact:

 
 Starcom Plc 
 Michael Rosenberg, Chairman             07785 727 595 
                                       [phone] 
 Avi Hartmann, CEO                      [phone] 
 Northland Capital Partners 
  Limited                                020 3861 6625 
 Nominated Adviser and Broker 
  Edward Hutton / David Hignell 
  (Corporate Finance) 
 
  John Howes / Abigail Wayne 
  (Sales and Broking) 
 Peterhouse Corporate Finance 
  Limited 
  Joint Broker                           020 7469 0930 
 Lucy Williams / Charles Goodfellow 
  / Eran Zucker 
 Leander PR 
  Financial PR 
 Christian Taylor-Wilkinson              020 7520 9267 
                                         07795 168 157 
 
 

About Amerijet

Amerijet International, Inc. is full-service multi-modal transportation and logistics provider, offering US Domestic and International, scheduled all-cargo transport via land, sea, and air.

Amerijet operates Boeing 727-200, Boeing 767-200 and Boeing 767-300 aircraft from its primary international hub at Miami International Airport and connects over 30 major cities in the US with more than 625 destinations worldwide, providing global transportation solutions for customers throughout the Americas, Mexico, the Caribbean, Europe, Asia, and the Middle East.

For additional information, visit Amerijet on the web at https://www.amerijet.com.

This information is provided by RNS

The company news service from the London Stock Exchange

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November 10, 2016 02:00 ET (07:00 GMT)