Spectra Systems Corporation Trading Update (0628T)
March 18 2019 - 3:00AM
UK Regulatory
TIDMSPSY TIDMSPSC
RNS Number : 0628T
Spectra Systems Corporation
18 March 2019
The information contained within this announcement is deemed to
constitute inside information as stipulated under the Market Abuse
Regulation (EU) No. 596/2014. Upon the publication of this
announcement, this inside information is now considered to be in
the public domain.
Spectra Systems Corporation
("Spectra")
Trading Update
Spectra Systems Corporation, a leader in machine-readable
high-speed banknote authentication, brand protection technologies,
and gaming security software, today announces that it expects its
profits for the year ending 31 December 2019 to exceed market
expectations. The increased profits are related to a G7 central
bank research contract which will commence in Q2 of this year and
is expected to extend throughout 2020.
Dr. Nabil Lawandy, Chief Executive Officer, stated: "We are very
pleased that we are able to provide a positive trading update for
2019 which is reflective of an increasing product mix which allows
for sustained strong profitability."
Enquiries:
Spectra Systems Corporation
Dr. Nabil Lawandy, Chief Executive Officer Tel: +1 (0) 401 274
4700
WH Ireland Limited
Chris Fielding (Managing Director, Corporate Finance) Tel: +44 (0) 20 7220 1650
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END
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