Software Radio Technology Gets New $480,000 AIS Class A Order

21st Jun 2010 08:58

LONDON (Dow Jones)--Software Radio Technology PLC (SRT.LN), which develops advanced radio communications technologies used to create enabling modules and OEM products, said Monday it has received a new order worth $480,000 for its recently launched AIS Class A transceiver, together with the required advanced order confirmation payment. MAIN FACTS: -Order is a follow-on order from the customer which has already taken delivery of units and will be fulfilled prior to Sep. 30. -Shares at 0755 GMT unchanged at 22.75 pence valuing the company at GBP22.32 million. -By Ian Walker, Dow Jones Newswires; 44-20-7842-9296; [email protected] (END) Dow Jones Newswires June 21, 2010 03:58 ET (07:58 GMT)