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Share Name | Share Symbol | Market | Type |
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Sipef | EU:SIP | Euronext | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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-1.40 | -2.62% | 52.00 | 52.00 | 52.20 | 53.20 | 52.00 | 53.00 | 859 | 14:57:20 |
FOR IMMEDIATE RELEASE 7 April 2003 Scipher announces new information display systems contract Scipher plc ("Scipher") the technology development and licensing company, today announces that its Secure Identification business has signed a major contract with Satellite Information Services Limited ("SIS"), to provide advanced multimedia delivery systems for SIS information display applications. The contract is valued at over £2.0 million and includes an initial payment to Scipher on signing. Under the contract, several hundred information systems will be deployed in betting shops throughout the UK. These systems will transform the way in which betting and racing information is presented to customers, delivering new levels of information performance. SIS is the leading UK provider of live pictures, commentary and betting information for racing and numbers games. SIS is a wholly-owned subsidiary of Satellite Information Services (Holdings) Limited, which is owned by Hilton Group 23%, Thales (formerly Racal) 23%, Alternateport (a subsidiary of United Business Media) 19%, William Hill Organization 19%, The Racecourse Association 10% and The Horserace Totalisator Board 6%. Enquiries: Scipher plc: Michael Kendon 020 8848 6444 Financial Dynamics: James Melville-Ross 020 7831 3113 Juliet Clarke 020 7831 3113 About TSSI www.tssi.co.uk Scipher's Secure Identification business, TSSI, is a specialist in the development and supply of automated authentication solutions for the protection of people, documents and products. TSSI's products include the Verid(tm) family of biometric fingerprint readers, Mandrake(tm) facial recognition, and secure magnetics products for the protection of plastic cards, documents and packaging against counterfeit or fraud. TSSI also undertakes the development of bespoke systems for data management and systems for the identification and management of people. About Scipher Scipher's extensive portfolio of advanced technology products and know-how covers the markets for Displays, Secure Identification, Communications, 3D Sound and Sensors. Almost two thirds of Scipher's revenues are earned outside the UK in over 50 countries. Scipher is backed by more than 70 years in advanced R&D, including developments of such historic importance as stereo recording, television broadcasting and the medical CT X-ray scanner, which in 1979 won a Nobel Prize for its inventor. In 2001, the MacRobert Award, the highest UK accolade for innovation, continued Scipher's record of achievement by recognising its outstanding 3D Sound technology. It was also awarded- in 1972 for the invention of the medical CT scanner by CRL, another Scipher unit. For more information on Scipher, visit www.scipher.com END
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