Orders for Fibre Optics systems in Asia

 

TIDMSEO 
 
 
Stanelco PLC 
09 December 2009 
 
? 
9th December 2009 
 
 
Stanelco plc ("the Company") 
 
 
RF Applications secures orders for Fibre Optics systems in Asia 
 
 
Stanelco plc is pleased to announce its RF Applications division has signed 
orders for GBP0.75m to supply several induction furnace systems and associated 
equipment to leading customers in Asia. 
 
 
This follows a reinvigoration of the RF Applications division, which reported 
annual sales to the year ended 31 December 2008 of GBP1.1m. Although not 
material to the Group's overall earnings, these orders underpin the continuing 
growth of the RF Applications division, and follow another order for furnace 
systems secured earlier this year. 
 
 
The orders will be delivered over the next six months and are further evidence 
of both the strength of the fibre optic cable market, particularly in Asia, and 
Stanelco's product capability in this area. 
 
 
Recently the RF Applications team has been strengthened through management and 
sales staff appointments, who are introducing new products, driving support 
services and filling the new sales pipeline. 
 
 
Paul Mines, Chief Executive of Stanelco, said: 
 
 
"These contracts are evidence we were right to invest in a number of product 
areas in our RF Applications division where we believe that competitive 
advantage can be achieved. This is reaping benefits and our customer base is 
widening. 
 
 
"We look forward to signing further excellent contracts like these, which 
provide revenue visibility, in the future." 
 
 
Ends 
 
 
Enquiries: 
 
 
 
 
+-----------------------------------------------+------------------------+ 
| Paul Mines, Chief Executive, Stanelco plc     | Tel: [phone]      | 
| Sue Bygrave, Group Finance Director, Stanelco | 867100                 | 
| plc                                           |                        | 
|                                               |                        | 
+-----------------------------------------------+------------------------+ 
| Jonathon Brill/Caroline Stewart,              | Tel: [phone]   | 
| Financial Dynamics                            | 3113                   | 
|                                               |                        | 
+-----------------------------------------------+------------------------+ 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 NRAUKUBRKURURRA