Software Radio Technology Receives $0.5M AIS Class A Order

2nd Jul 2010 07:14

LONDON (Dow Jones)--Software Radio Technology PLC (SRT.LN), a wireless digital technology product solution company said Friday that it has received a new order worth $500,000, together with the required initial payment, from an existing customer for its recently launched AIS Class A transceiver. MAIN FACTS: -The company said it's operations team is making strong progress in ramping up production with manufacturing partner to ensure it meet customers' needs. -Shares closed Wednesday at 17.75 pence. -By Razak Musah Baba, Dow Jones Newswires; 44-20-7842-9275; [email protected] (END) Dow Jones Newswires July 02, 2010 02:14 ET (06:14 GMT)