Contract Win
January 10 2005 - 2:01AM
UK Regulatory
RNS Number:1630H
Belgravium Technologies PLC
10 January 2005
10 January 2005
BELGRAVIUM TECHNOLOGIES PLC
(AIM)
CONTRACT WIN
The Board of Belgravium Technologies plc ("Belgravium" or "the Company"),
designers and manufacturers of real-time data capture systems, are today pleased
to announce that the Company has won its biggest ever single order, delivery to
commence in early 2005.
Belgravium will be supplying 450 Atlanta terminals to Grattan for their
Parcelnet division, Proof of Delivery requirements. The Company believes that
the order is the largest contract to be awarded in this particular sector in
2004, and its predictions that the Atlanta terminal would assist growth have
thus proved to be correct. The Atlanta terminal, specifically designed for this
type of project, is creating great interest both at home and abroad. The
contract is worth in the region of #750,000 in the first year.
Commenting today, Chairman John Kembery said:
"We are thrilled to have won this extremely significant order for the Atlanta
terminal. We faced stiff competition from some of the largest companies in the
industry and managed to win the contract due to the advanced technical abilities
and rugged design of the equipment. The order will not impact upon the financial
results of 2004, which are in line with market expectation, but it does show a
good start for 2005 and may well lead to further developments in new market
sectors. We believe that Belgravium is in an extremely strong position to
continue winning business from it's competitors."
For further information please contact:
Buchanan Communications ltd Kelly-Ann French
Mob: 07958 972164
Belgravium Technologies plc John Kembery
Mob: 07770 731021
www.belgraviuminvestorrelations.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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