Re Agreement
April 07 2004 - 3:01AM
UK Regulatory
RNS Number:4370X
Armour Group PLC
07 April 2004
ARMOUR GROUP PLC
SECURES $1.2 MILLION DUAL BAND ANTENNA SUPPLY AGREEMENT
Armour Group plc's ("Armour") Auto Electronics Division has secured a
significant new 2 year agreementfor its CTI antenna brand to supply a new
automotive dual band GPS/GSM antenna. The antenna, designed by the Auto
Electronics Division research and development team, can receive and transmit
both GPS and GSM signals simultaneously and will be supplied for use by original
equipment manufacturers in the automotive market. The agreement, which is worth
up to $1.2 million over 2 years, is the largest entered into by Armour for its
CTI antenna brand and equates, on an annualised basis, to approximately 15% of
the existing annual sales of the CTI brand. The first deliveries will be made in
May 2004.
Further details:
George Dexter, Armour Group plc Tel: 01892 502 700
John Harris
Trevor Bass WSSM Tel: 020 7067 0743
This information is provided by RNS
The company news service from the London Stock Exchange
END
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