STRATECH AWARDED ANOTHER SOLE SOURCE CONTRACT BY THIRD US GOVERNMENT AGENCY
• Stratech scores again in the U.S. with another SOLE SOURCE contract for its
Homeland Security Technologies
• iVACS ® selected for Headquarters of key Federal Agency
• Recognition of ecognition Stratech’s intelligent Vision technologies in addition to recent
Asia Pacific ICT Award
Singapore, November 17th, 2006 - Singapore Exchange Mainboard listed Stratech Systems Limited ("Stratech") announces today that it has been awarded another SOLE SOURCE contract by a third US Government Agency.
iVACS® (the Stratech intelligent Vehicle Access Control System) has been selected for the Headquarters of the key Federal Agency. "This, coupled with winning the recent Asia Pacific ICT Award for our intelligent Airfield/Runway Surveillance and FOD (Foreign Object and Debris) Detection System*, affirms our technology leardership in intelligent Vision," said Executive Chairman Dr. David K.M. Chew.
Besides various installations in the US and Singapore, Stratech Homeland Security Technologies are also in service in Europe, the Middle East, Australia and countries in Asia.
*Moving forward, we are committed to executing our strategy of working with mega systems integrations to market and deploy our innovations globally," added Dr. Chew.
This contract will have a significant impact on the Group's financials..
*Announcement of 8 November 2006
Stratech Systems Limited
Stratech Systems Limited is principally engaged in the design, development, integration, implementation, maintenance and project management of information technology and advanced technology systems. The Group delivers large-scale complex, real-time, mission critical systems in the areas of intelligent Vision, intelligent Transport Systems and e-Systems for governments and businesses.
Formed in 1989, the Group has established an impressive track record serving industries such as aerospace and defense, financial services, government, healthcare, homeland security and transportation (air, sea and land). The Group develops and implements advanced technology solutions that achieve significant business transformation and competitive advantage for its clients.
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