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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Dmatek Ld | LSE:DTK | London | Ordinary Share | IL0010830052 | ORD ILS0.01 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 210.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number : 9635W
Dmatek Ld
18 June 2008
18 June 2008
Dmatek: Contract Win in Singapore
Rewarded 5-year offender monitoring technology supply contract
Dmatek Ltd., the London listed provider of leading electronic monitoring technologies, today announces the renewal of its contract in
Singapore, to provide the Ministry of Home Affairs its home detention systems. The order, extended to Dmatek's wholly owned law enforcement
subsidiary Elmo-Tech Ltd., is expected to generate revenues of over $2.5m, the majority of which are expected over the coming 12 months. The
5-year contract further includes two yearly renewal options.
Elmo-Tech has been partnering with Certis CISCO Security of Singapore to provide home detention systems to the government since 2002.
Singapore prison population has seen substantial growth over the past decade, and currently stands at more than 16,000 individuals. To
date, thousands of monitored offenders in Singapore have successfully completed the national home detention scheme based on Elmo-Tech's
technology. The programme is reported to have a very high success rate of over 99%.
Dmatek's CEO, Yoav Reisman said, "We look forward to continuing our long-term partnership with Certis CISCO and its government
counterparts in Singapore. We will work to expand this successful collaboration to additional applications of the technology and continue
delivering on the customer's needs".
Media & Investor Enquiries:
Dmatek Ltd.
Idit Mor / Michal Marx mobile: 07834 126 742
ir@dmatek.com
Notes to Editors:
About Dmatek: Dmatek (LSE:DTK.L) is a leading provider of electronic monitoring technologies, specialising in human-related
applications. Dmatek's technological platform is based on a unique system architecture and operating methodology, which can be implemented
in many different commercial sectors. Current applications of the company's core technology are marketed by Dmatek's wholly owned
subsidiaries, Elmo-Tech Ltd., which addresses the global law enforcement field and HomeFree Systems, which operates in the emerging patient
and elderly market and currently focuses on Dementia patients. Dmatek's systems are used by private operators and government agencies in
over 25 countries worldwide.
www.dmatek.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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