£7million, 6 Year Contract Win (5308A)

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RNS Number : 5308A

Quadnetics Group PLC

02 April 2012

For Immediate Release 2 April 2012

Quadnetics Group plc

("Quadnetics" and or the "Group")

GBP7million, 6 Year Contract Win

Nuclear Reactor Sites Throughout Britain

Quadnetics Group PLC, a leader in the design, integration and control of advanced surveillance technology, networked security systems and strategic security solutions, is pleased to announce a new contract win with an overall potential value of up to GBP7 million over a 6 year period.

The Group has been awarded a major contract by Magnox Limited for the service and maintenance of integrated security systems at the majority of their nuclear reactor sites throughout England, Wales and Scotland.

Quadnetics will provide and maintain a wide range of complex and integrated security systems at Magnox sites which are still generating electricity and also at those currently undergoing decommissioning.

John Shepherd, Chief Executive Officer of Quadnetics, commented:

"We are delighted to announce this major contract award which highlights the continuing success of our strategy of creating complex surveillance systems, increasingly differentiated to serve the needs of the specialist customer sectors we target - critical infrastructure, transport and hazardous areas."

For further information, please contact:

 
   Quadnetics Group plc                                              Tel: [phone] 
   John Shepherd, Chief Executive 
   Email: [e-mail] 
    http://.quadnetics.com 
  Westhouse Securities Limited                                                 Tel: [phone] 
  Tom Griffiths 
  Buchanan                                                                     Tel: [phone] 
  Tim Anderson/Sophie Cowles 
   Email:[e-mail] 
 
 

This information is provided by RNS

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