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SPSY Spectra Systems Corporation

221.00
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Spectra Systems Corporation LSE:SPSY London Ordinary Share COM SHS USD0.01 (UNRES)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 221.00 216.00 226.00 221.00 221.00 221.00 52,496 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Computer Programming Service 19.63M 6.15M 0.1364 19.06 117.15M

Spectra Systems Corporation Two Lottery Renewals (4689I)

14/12/2020 7:01am

UK Regulatory


Spectra Systems (LSE:SPSY)
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From May 2019 to May 2024

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TIDMSPSY TIDMSPSC

RNS Number : 4689I

Spectra Systems Corporation

14 December 2020

Spectra Systems Corporation

("Spectra")

Two Lottery Renewals

Spectra Systems Corporation, a leader in machine-readable high speed banknote authentication, brand protection technologies, and gaming security software, is pleased to announce that it has successfully renewed contracts with two USA state lottery customers, for nine and ten-year contracts, respectively. The aggregate value of the contracts is estimated at $1MM over the full term with additional potential from software work plans of up to $0.25MM.

Dr. Nabil Lawandy, Chief Executive Officer, stated: "Our renewal of such long-term contracts with these lottery customers underpins both the quality and stability of our software security business as well as that of the company as a whole."

Enquiries:

Spectra Systems Corporation

Dr. Nabil Lawandy, Chief Executive Officer Tel: +1 (0) 401 274 4700

WH Ireland Limited

Chris Fielding (Head of Corporate Finance) Tel: +44 (0) 20 7220 1650

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(END) Dow Jones Newswires

December 14, 2020 02:01 ET (07:01 GMT)

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