Starcom wins three-year contract extension
20th Jan 2016 12:07
(ShareCast News) - Starcom said it had won a three year extension to a contract with an unnamed international client for its Helios Hybrid tracking system. The company, which makes wireless remote tracking and monitoring products, said the extension will begin from the end of January this year. The
Read moreStarcom wins new tracking system contract
8th Sep 2015 10:33
(ShareCast News) - Starcom has secured a new contract for its Helios Hybrid tracking system following an international tender against a number of competitors. The company, which specialises in the development of wireless solutions for the remote tracking, monitoring and protection of a variety of as
Read moreStarcom names Ehud Shenig as new CFO
19th Jun 2015 09:40
Wireless services company Starcom said on Friday that it has appointed Ehud Shenig as chief financial officer with immediate effect. The company had originally appointed Ron Alroy as its new CFO. He had been due to replace Eitan Yanuv, who stepped down with effect from 15 June, but due to personal c
Read moreStarcom raises funds to cover cash problem, announces new CFO
1st Jun 2015 08:28
AIM-listed wireless technology company Starcom has raised £475,000 before expenses following a 4p-a-share placing. The proceeds will be used to solve its short-term cash problem and to provide additional working capital. As part of the placing, its chief executive officer (CEO) Avi Hartmann, chief
Read moreStarcom plunges as change in accounting policy means results will miss expectations
8th Apr 2015 09:46
Shares in Starcom fell over 8% on Wednesday, after the technology group warned that a change in accounting policy will lead to its annual results coming in below market expectations. The Jersey-based group said it will no longer recognise revenue in respect of "bill and hold" sale prior to the deliv
Read moreStarcom soars on German Porsche deal
29th Dec 2014 08:08
Shares in Starcom rose to the top of the tree on Monday on news that the AIM-listed company's vehicle tracking technology had been selected by a Porsche retail dealership in Germany, raising hopes of wider adoption. Starcom's Helios TT vehicle tracking system will be offered to customers of Porsche
Read moreCrimea crisis hits Starcom
21st Mar 2014 14:42
Starcom, which supplies wireless technology for remote tracking, said it has to defer the recognition of revenues on orders due to the affects the Crimea crisis has had on a distributor in Ukraine. The distributor, which entered into purchase orders in December 2013 to purchase 4,000 WatchLock unit
Read moreStarcom signs deal for distribution of WatchLock device
8th Oct 2013 12:53
Starcom, which specialises in the development of wireless solutions, has announced a non-exclusive distribution agreement with telecommunications distributor MAM Objects. The agreement, for the distribution of Starcom's WatchLock product, will see the device marketed and distributed throughout Cen
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