Petards

New Contract Awards

12 December 2006

Petards, the AIM listed developer of advanced surveillance systems, announces that it has been awarded significant orders to supply UVMS® network video recording systems to customers in the USA and in the UK for eyeTrain® on-board digital CCTV systems. Together these orders are worth approximately £1.2m.|

The orders from the USA include a further casino development for Choctaw Nation, who have already placed orders worth over $2m, and it is expected that this further system will be delivered in the first quarter of 2007. In addition, the Group has secured its first order for UVMS® for a supply into the US rail market.

In the UK Petards has been awarded a contract to supply its eyeTrain® digital CCTV systems to Porterbrook for use on its South West Trains Class 158 and 159 DMU Fleets.  A total of 112 vehicles are to be fitted with internal and forward facing cameras, as part of a franchise commitment to improve staff and passenger safety. It is expected that deliveries of the eyeTrain® systems will commence in March 2007.

Petards Chief Executive Bill Conn said "It is very pleasing to secure these orders for supply to the transport and casino markets, both of which are sectors that we consider to be important in our plans for the future growth of the business. The orders from the US will provide us with important reference sites in that market and by securing our first contract from Porterbrook we have further strengthened our position in the UK rail CCTV market."

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