SRT Marine Systems PLC AIS OEM Partnership (0684T)
02 July 2018 - 4:00PM
UK Regulatory
TIDMSRT
RNS Number : 0684T
SRT Marine Systems PLC
02 July 2018
SRT MARINE SYSTEMS PLC
(AIM: SRT)
("SRT" or the "Company")
SRT & JRC SIGN AIS OEM PARTNERSHIP AGREEMENT
SRT Marine Systems plc ('SRT'), a global provider of maritime
management and surveillance systems and the leader in Automatic
Identification System (AIS) transceiver technology and product
solutions, announces that it has entered an OEM partnership
agreement with Japan Radio Corporation ('JRC') of Japan. Under the
agreement, SRT shall supply JRC will AIS product solutions
customised and branded to JRC requirements.
Simon Tucker, CEO of SRT Marine Systems, commented:
"We are delighted to have entered this long-term partnership
with one of the world's leading commercial marine electronics
companies famous for providing products of the highest quality and
performance standards to the global commercial vessel market. This
agreement was entered into following a long evaluation of our core
technology performance and product quality which proved our
significantly differentiated offer in the growing AIS market
segment. We look forward to working closely with our new OEM
partner to help them develop their AIS transceiver product segment
in the years to come."
The information communicated in this announcement is inside
information for the purposes of Article 7 of Regulation
596/2014.
For further information, please contact:
SRT Marine Systems plc www.srt-marine.com
+ 44 (0) 1761 409500
Simon Tucker (CEO) simon.tucker@srt-marine.com
Louise Coates (Marketing Manager) louise.coates@srt-marine.com
finnCap Ltd
Jonny Franklin-Adams / Anthony Adams (Corporate
Finance) +44 (0) 20 7220 0500
Tim Redfern / Richard Chambers (ECM)
About SRT Marine Systems plc:
SRT develops, manufactures and supplies maritime vessel tracking
technology and turn-key system solutions to marine stakeholders
across the globe with a particular expertise in AIS. The Company's
products and solutions are used by individual vessel owners, port
authorities, maritime infrastructure owners, coast guards and
national security agencies to enhance their maritime domain
awareness. Applications include the tracking of commercial and
leisure vessels; sustainable fishery; anti-collision; search and
rescue; waterway management, port and coast security; pollution
management; and environmental management.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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