Contract Award
December 03 2010 - 7:28AM
UK Regulatory
TIDMDGB
RNS Number : 3546X
Digital Barriers plc
03 December 2010
3 December 2010
Digital Barriers plc
("Digital Barriers" or the "Company")
Contract award
The Board of Digital Barriers plc (AIM: DGB) (the "Board"), the specialist
provider of products and services to the homeland security and specialist
defence markets, is pleased to announce the award of a contract for a government
customer in the Asia Pacific region. Valued at approximately GBP1.6 million, the
contract is for the development of advanced surveillance technology. The
contract duration is 30 months.
Colin Evans, Managing Director of Digital Barriers commented:
"I am delighted to announce the award of this contract. Taking our specialist
technologies and capabilities to fast growing regions such as Asia-Pacific is a
key part of our strategy, and this contract award supports our strong belief
that our capabilities will be valued with significant customer organisations
around the world."
For further information please contact:
+-----------------------------------+---------------+
| Digital Barriers plc | +44 (0)20 |
| | 7940 4740 |
+-----------------------------------+---------------+
| Tom Black, Executive Chairman | |
+-----------------------------------+---------------+
| Colin Evans, Managing Director | |
+-----------------------------------+---------------+
| | |
+-----------------------------------+---------------+
| Investec Investment Banking | +44 (0)20 |
| | 7597 5970 |
+-----------------------------------+---------------+
| Andrew Pinder | |
+-----------------------------------+---------------+
| | |
+-----------------------------------+---------------+
| Financial Dynamics | +44 (0)20 |
| | 7831 3113 |
+-----------------------------------+---------------+
| Edward Bridges | |
+-----------------------------------+---------------+
About Digital Barriers:
Founded by the leadership team behind Detica Group, Digital Barriers is focused
on the provision of specialist products and services to the homeland security
market where the threat of international and domestic terrorism represents a
compelling commercial opportunity. Over time, the Company aims to become a
mid-market specialist, working directly with end-customers and internationally
through key partner organisations, to provide focused, proportionate and
effective solutions for the protection of high-profile targets, crowded spaces
and the critical national infrastructure.
www.digitalbarriers.com
Disclaimer:
This announcement includes statements that are, or may be deemed to be,
"forward-looking statements". These forward-looking statements can be
identified by the use of forward-looking terminology, including the terms
"believes", "estimates", "plans", "projects", "anticipates", "expects",
"intends", "may", "will", or "should" or, in each case, their negative or other
variations or comparable terminology. These forward-looking statements include
matters that are not historical facts. They appear in a number of places
throughout this announcement and include statements regarding the Company's
current intentions, beliefs or expectations concerning, among other things, the
Company's results of operations, financial condition, liquidity, prospects,
growth, strategies and the Company's markets. By their nature, forward-looking
statements involve risk and uncertainty because they relate to future events and
circumstances. Actual results and developments could differ materially from
those expressed or implied by the forward-looking statements. Forward-looking
statements may and often do differ materially from actual results. Any
forward-looking statements in this announcement are based on certain factors and
assumptions, including the Company's current view with respect to future events
and are subject to risks relating to future events and other risks,
uncertainties and assumptions relating to the Company's operations, results of
operations, growth strategy and liquidity. Whilst the Company considers these
assumptions to be reasonable based upon information currently available, they
may prove to be incorrect. Save as required by law or by the AIM Rules for
Companies, the Company undertakes no obligation to publicly release the results
of any revisions to any forward-looking statements in this announcement that may
occur due to any change in the Company's expectations or to reflect events or
circumstances after the date of this announcement.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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