Contract Wins (3554D)
March 22 2011 - 3:00AM
UK Regulatory
TIDMCMG
RNS Number : 3554D
Croma Group PLC
22 March 2011
Croma Group PLC ("Croma" or "the Group")
New Contract Wins
Croma, the AIM listed asset protection, manned guarding, access
security, and avionics specialist, is delighted to announce three
new contract awards.
Photobase, Croma's access security and installation systems
subsidiary, has secured three new contracts for the Group's
proprietary FastVein(TM) technology, which provides a complete
biometric identification system. The FastVein(TM) technology is
currently in production and due to be launched in April 2011.
The details of these contracts are as follows:
- Photobase, in association with CSS Group, has been appointed
to distribute and provide frontline technical support for the
Hitachi H1 Finger Vein Scanner (the "H1 Scanner") in the United
States. Photobase is currently the sole distributor of the H1
Scanner in the UK. The H1 Scanner uses Photobase's proprietary
FastVein(TM) API and offers the ability to deploy multiple scanners
on a single system.
- Photobase has been appointed by HMP Wealstun to provide
Biometric Prisoner and Visitor systems for the prison, using
FastVein(TM) technology. FastVein(TM) will provide a complete
biometric identification system and will enable HMPS to interface
directly with the National Offender Management Information
System.
- Photobase has also been appointed to upgrade the existing
Prisoner ID Management system at HMP Northallerton to include
FastVein(TM) Biometrics. Arriving prisoners will have their
identities checked and instantly verified using FastVein(TM)
technology. This system has been rolled out at ten HM Prisons since
March 2010.
Commenting on the new contract awards Sebastian Morley, Chief
Executive of Croma, said:
"We are delighted with the appointment of Photobase by Hitachi
as its United States distributor. To be selected as Hitachi's
partner is a strong endorsement of the software we have developed
for this system and this new contract presents a significant
commercial opportunity to target the US market.
In addition, two more UK prisons have chosen our new finger vein
reader technology. This not only verifies our finger vein scanner
as the most sophisticated and robust biometric system in the
market, it also provides us with opportunities to upgrade incumbent
systems and target new commercial markets".
Croma Group PLC:
Sebastian Morley, CEO Tel: 07768 006909
Brewin Dolphin (NOMAD):
Sandy Fraser, Managing Director Tel: 0845 213 2072
- Corporate Finance
This information is provided by RNS
The company news service from the London Stock Exchange
END
CNTPGUGGWUPGPGG
Croma Grp (LSE:CMG)
Historical Stock Chart
From Jun 2024 to Jul 2024
Croma Grp (LSE:CMG)
Historical Stock Chart
From Jul 2023 to Jul 2024