Biome Technologies lands equipment supply deal

24th Mar 2014 14:44

Biome Technologies's Stanelco Radio Frequency (RF) Technologies Division has signed a contract with a customer from a regulated industry sector in the UK to supply advanced analytical equipment based on its induction heating technology. The contract is expected to generate revenues of over £1.5m during a two-year period, with approximately one quarter of its value expected to be received during 2014. Paul Mines, Chief Executive, said: "This important contract enhances the order-book of our RF Technologies Division and underpins the group's revenue growth plans. It is encouraging to see the division broadening its applications base."NR