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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Innovision Res. | LSE:INN | London | Ordinary Share | GB0030308448 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 34.75 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:7559Z Innovision Research&Technology PLC 09 August 2002 INNOVISION RESEARCH & TECHNOLOGY PLC Signing of new development contract Innovision Research and Technology ("Innovision R&T"), the electronics technology solutions provider, announces the signing of a significant new development contract with one of the leading European manufacturers of telecommunications equipment for Datalabel, its radio frequency identification ("RFID") tag solution. This new development agreement is the first DatalabelTM project in the telecoms arena and represents a significant step in introducing Innovision R&T's RFID tag solutions into another major market sector. The application, which is confidential, could ultimately involve the deployment of many millions of tags per annum. As with all of the current Datalabel consumer projects, the combination of security and increased functionality at an incredibly low unit cost, provides a compelling case for the incorporation of RFID technology into a wide variety of new and existing products. Marc Borrett, Managing Director of Innovision R&T, comments: "I am pleased to announce this latest contract win, which follows the four new contracts with market leaders we announced in June, and precedes the anticipated conversion of our two teaming agreements in the logistics and transport sectors into full licenses. All these projects continue to progress well and we have a number of exciting new opportunities emerging. "Enquiries for our technology remain at record levels, reinforcing our belief that we remain the lowest cost, custom-design, RFID solution provider, in the market place. I look forward to further significant commercial progress over the coming months." 9 August 2002 ENQUIRIES: Innovision Research & Technology plc Tel: 0118 936 6311 Marc Borrett, Managing Director This information is provided by RNS The company news service from the London Stock Exchange END CNTBRGDICGGGGDI
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