£7million, 6 Year Contract Win (5308A)
April 02 2012 - 2:00AM
UK Regulatory
TIDMQDG
RNS Number : 5308A
Quadnetics Group PLC
02 April 2012
For Immediate Release 2 April 2012
Quadnetics Group plc
("Quadnetics" and or the "Group")
GBP7million, 6 Year Contract Win
Nuclear Reactor Sites Throughout Britain
Quadnetics Group PLC, a leader in the design, integration and
control of advanced surveillance technology, networked security
systems and strategic security solutions, is pleased to announce a
new contract win with an overall potential value of up to GBP7
million over a 6 year period.
The Group has been awarded a major contract by Magnox Limited
for the service and maintenance of integrated security systems at
the majority of their nuclear reactor sites throughout England,
Wales and Scotland.
Quadnetics will provide and maintain a wide range of complex and
integrated security systems at Magnox sites which are still
generating electricity and also at those currently undergoing
decommissioning.
John Shepherd, Chief Executive Officer of Quadnetics,
commented:
"We are delighted to announce this major contract award which
highlights the continuing success of our strategy of creating
complex surveillance systems, increasingly differentiated to serve
the needs of the specialist customer sectors we target - critical
infrastructure, transport and hazardous areas."
For further information, please contact:
Quadnetics Group plc Tel: +44 (0) 1527 850080
John Shepherd, Chief Executive
Email: john.shepherd@quadnetics.com
http://.quadnetics.com
Westhouse Securities Limited Tel: +44 (0) 207 601 6100
Tom Griffiths
Buchanan Tel: +44 (0) 207 466 5000
Tim Anderson/Sophie Cowles
Email:tima@buchanan.uk.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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