TIDMAPC

APC Technology Group PLC

24 November 2017

24(th) November 2017

APC Technology Group PLC

("APC" or the "Group")

APC Technology Group expands time synchronisation

product range following new partnership signing

APC Technology Group PLC (AIM: APC), the design, specification and distributor of specialist technologies and electronic components, has signed an agreement to become the exclusive UK and Ireland distribution partner for Oregano Systems GmbH, the Austrian manufacturer of PTP switches and network interface cards.

The Oregano Systems products complement APC's existing time and frequency synchronisation technologies; enabling their specialist technical team, APC Time, to provide a more complete time stamping solution for customers within high frequency trading, broadcast, telecoms, IT and power sectors.

Established in 2001, Oregano Systems is a provider of proven, ready-to-use network devices to efficiently build an IEEE1588-2008 system. Their range includes network interface cards, single chip nodes, the PTP stack and transparent clocks. All products are compatible with APC's existing Meinberg range of grandmaster clocks and time servers.

Nikolaus Keroe, General Manager of Oregano Systems commented:

"I am excited to be partnering with APC. Through their existing customer base and proactive approach to promoting our products I am confident they can boost our market share in the UK, in line with Oregano's successes in other countries such as USA and Germany. APC's penetration in other vertical markets such as defence, healthcare and rail transport is also attractive to us. By leveraging APC's relationships in these markets Oregano's products can be promoted into the myriad of applications that we service."

More information on the Oregano Systems product range from APC Time can be found on apcplc.com

Enquiries

APC Technology Group PLC +44 (0) 330 313 3220

Richard Hodgson, Chief Executive www.apcplc.com

Michael Thompson, Finance Director

   Stockdale Securities Limited (Nominated Adviser and Broker)                +44 (0)20 7601 6100

Mark Brown / Antonio Bossi / Edward Thomas

This information is provided by RNS

The company news service from the London Stock Exchange

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November 24, 2017 02:00 ET (07:00 GMT)

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