Re. Further Success
January 14 2008 - 2:00AM
UK Regulatory
RNS Number:6451L
Timestrip PLC
14 January 2008
TIME.L
Timestrip plc
("Timestrip")
Further success with global consumer product company
Timestrip plc is delighted to announce that it has received an order to supply
its unique Timestrip technology to another leading global consumer products
company.
The deal involves the integration of the Timestrip into a new mass-market
product that will be launched later this year in North America under one of the
company's household brand names.
Confidentiality restrictions prevent the disclosure of the nature of the product
or the identity of the customer until the product is officially launched;
however the deal is expected to generate revenues for Timestrip of at least
$100,000 during 2008 through the supply of products required for the initial
launch.
Reuben Isbitsky, Joint CEO, Timestrip plc, said:
"We are delighted to be introducing our unique technology to yet another global
consumer product company and look forward to disclosing more details closer to
the product launch. We are particularly encouraged that the customer selected
Timestrip after an extensive technology search and as a result of positive
consumer feedback."
For more information, please contact:
Paul Freedman, Joint CEO, Timestrip plc 01462 440 700
Shane Dolan, Biddicks 020 7448 1000
Fergus Marcroft, Evolution Securities 020 7071 4300
This information is provided by RNS
The company news service from the London Stock Exchange
END
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