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SRT Srt Marine Systems Plc

29.50
0.00 (0.00%)
18 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Srt Marine Systems Plc LSE:SRT London Ordinary Share GB00B0M8KM36 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 29.50 29.00 30.00 29.50 29.50 29.50 27,738 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Communications Services, Nec 30.51M 69k 0.0004 737.50 56.78M

SRT Marine Systems PLC AIS Identifier order for West Africa VMS Project (4766J)

12/09/2016 7:00am

UK Regulatory


Srt Marine Systems (LSE:SRT)
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TIDMSRT

RNS Number : 4766J

SRT Marine Systems PLC

12 September 2016

SRT MARINE SYSTEMS PLC

(AIM: SRT)

("SRT" or the "Company")

AIS Identifier order for West Africa Vessel Monitoring System Project

SRT is pleased to announce that it has received an order for 400 AIS Identifier VMS Transceiver kits which will be deployed in West Africa for the tracking and identification of small fishing vessels.

The Identifier VMS Transceiver kits will be deployed by authorities as part of a long term programme to track and identify small and medium size fishing boats and assist with the prevention of illegal and unregulated fishing.

The Identifier VMS Transceivers are supplied as complete, ready to install kits, and are enabled with SAT-Trak satellite AIS (S-AIS) detection optimisation technology which enables reliable tracking by AIS satellites when beyond coastal network range. This, and other functionality, was trialled and proven by the relevant authorities over an extended period during 2015 and 2016.

Simon Tucker, CEO of SRT, said: "AIS provides a reliable and cost effective system for the monitoring of fishing boats. For some time SRT has been the global leader in AIS technology development and today in the provision of VMS products and systems. The Identifier was trialled over an extended period in a very challenging environment and again, proved itself as the best option for AIS based VMS fishing vessel monitoring. We are delighted to receive this order into a market that we have been following and advising for some years and look forward to working with our partners and authorities to increase deployments significantly in the future."

ENDS

 
 Contacts: 
 SRT Marine Systems plc                 www.softwarerad.com 
                                       + 44 (0) 1761 409500 
 Simon Tucker (CEO)            simon.tucker@softwarerad.com 
 Louise Coates (Marketing             media@softwarerad.com 
  Manager) 
 WH Ireland Limited                    www.wh-ireland.co.uk 
 Tim Feather / Liam Gribben            +44 (0) 113 394 6600 
 
 

About SRT Marine Systems plc:

SRT develops, manufactures and supplies maritime tracking technology and turn-key system solutions to marine stakeholders across the globe. The Company's products and solutions are used by individual vessel owners, port authorities, maritime infrastructure owners, coast guards and national security agencies to enhance their maritime domain awareness. Applications include the tracking of commercial and leisure vessels; sustainable fishery; anti-collision; search and rescue; waterway management, port and coast security; pollution management; and environmental management.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

September 12, 2016 02:00 ET (06:00 GMT)

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