6th January 2011
Westminster Group Plc:
New Multi Million USD Contract Award
Mobile Surveillance Equipment
Westminster Group Plc ('Westminster' or 'the Group'), the AIM listed supplier of system solutions and products to the security, defence, fire protection and safety markets worldwide, is pleased to announce that it has secured a major several million dollar contract for the supply of mobile surveillance systems to a National Security Service.
The several million USD contract is the largest single contract award Westminster has secured to date and was achieved following a lengthy consultation process including operational assessment trials. The project will commence immediately with completion anticipated during the first half of 2011.
Due to the confidential nature of the contract further information is restricted
Commenting on the contract award Peter Fowler, Chief Executive of Westminster Group, said:
"I am delighted to be able to announce this latest contract award, which is one of several major contracts we have been negotiating for some time, and which we had anticipated securing during the latter half of 2010.
"I am particularly pleased to be able to announce this contract so early in 2011 which provides us with a very encouraging start to the new trading year and is an indication of the extensive potential we have been developing over the recent years.
"This is an important new governmental client to Westminster. We are already discussing further security solutions that Westminster can provide, for which they have already expressed interest, and the potential for further business is considerable.
"This demonstrates our ability to secure several million dollar contracts and our ability to provide, in conjunction with our agents, a wide range of security solutions to governments and major corporations around the World. The size and scope of this contract will provide a valuable reference point for our agents in our target markets"
Enquiries:
Peter Fowler 01295 756 300
Chief Executive - Westminster Group Plc
Nicholas Mearing-Smith 01295 756 300
Finance Director - Westminster Group Plc
Alex Clarkson 0161 831 1512
Nick Cowles
Zeus Capital Limited - Nominated Adviser
John Grant / Karen Kelly 020 7101 7070
XCAP Securities PLC - Broker
Tom Cooper/Paul Vann 0117 985 8989
Winningtons Financial 0797 122 1972
Notes:
Westminster Group plc is a leader in the supply of system solutions and products to the security, defence, fire protection and safety markets worldwide.
Westminster's principal activity is the design, supply and ongoing support of advanced technology security solutions, risk assessments and close protection services. These can range from product only assignments, such as the supply of specialised scanners, to the design and implementation of an integrated system solution such as a border detection and surveillance system. The majority of its customer base, by value, comprises governments and government agencies, non governmental organisations and blue chip commercial organisations.
For further information please visit www.wg-plc.com