Contract Win

 

TIDMCINP 
 
RNS Number : 8094D 
Cinpart PLC 
09 December 2009 
 

9 December 2009 
 
 
CINPART PLC 
('Cinpart' or the 'Company') 
 
 
Derlite Contract with Burner Systems International 
 
 
 
 
Cinpart,   the   AIM-quoted   electrical   products   manufacturer   and 
supplier,   is  pleased   to  announce that Derlite Limited ("Derlite"), a 100 
per cent. owned subsidiary of the Company, has signed a supply contract with 
Burner Systems International ("BSI") to supply spark electrodes to BSI's 
manufacturing plants in USA, Mexico and France. BSI is already an important 
customer of Derlite and this contract secures a substantive proportion of 
Derlite sales for the next twelve months with the addition of BSI's France 
facility. The projected annual value for this contract is expected to be 
GBP560,000. 
 
 
Further  to  the  announcement  on  19  October  2009 the Company confirms that 
its nominated adviser is Merchant John East Securities Limited and that its 
joint brokers are Mirabaud Securities Limited and Rivington Street Corporate 
Finance Limited. 
 
 
 
 
-ENDS- 
 
 
Enquiries: 
 
 
+--------------------------------------+--------------------------------------+ 
| Cinpart Plc                          |                                      | 
+--------------------------------------+--------------------------------------+ 
| Kevin Baker, Chief Executive         |                  Tel: [phone]  | 
| Christopher Foster, Executive        |                   Tel: [phone] | 
| Director                             |                                      | 
|                                      |                                      | 
+--------------------------------------+--------------------------------------+ 
| Merchant John East Securities Limited (Nominated Adviser)                   | 
+-----------------------------------------------------------------------------+ 
| John East/Simon Clements             |                   Tel: [phone] | 
|                                      |                                      | 
+--------------------------------------+--------------------------------------+ 
| Mirabaud Securities LLP (Joint Broker)                                      | 
+-----------------------------------------------------------------------------+ 
| Rory Scott                           |                   Tel: [phone] | 
|                                      |                                      | 
+--------------------------------------+--------------------------------------+ 
| Rivington Street Corporate Finance Limited (Joint Broker)                   | 
+-----------------------------------------------------------------------------+ 
| Monisha Varadan                      |                   Tel: [phone] | 
|                                      |                                      | 
+--------------------------------------+--------------------------------------+ 
| Hansard Group (Public Relations)     |                                      | 
+--------------------------------------+--------------------------------------+ 
| Kirsty Corcoran/Justine James        |                   Tel: [phone] | 
|                                      |                                      | 
+--------------------------------------+--------------------------------------+ 
 
 
About Cinpart: 
Cinpart plc (AIM: CINP) is a holding company that owns 72.2 percent of Active 
Energy Limited. Active Energy manufactures and supplies the VoltageMaster, a 
device that can reduce electricity consumption in commercial buildings by up to 
20 percent. 
Other wholly owned subsidiaries in the Group include Derlite Co Limited; based 
in Thailand, this company is an international manufacturer of electrical and 
non-electrical components specializing in ignition systems for gas appliances 
and Gasignition Limited; a trading company supplying electrical components to 
small and medium-sized European gas appliance manufacturers. 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 CNTFSUFAASUSEIE