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RNS Number : 8290I

FireAngel Safety Technology Group

29 November 2018

FireAngel Safety Technology Group plc

("FireAngel" or the "Company")

 

Contract win

 

FireAngel (AIM: FA.), one of Europe's leading developers and suppliers of home safety products, announces that it has signed a contract to supply Glasgow-based Queens Cross Housing Association with over 12,000 battery powered smoke and heat alarms.

 

The smoke alarms and heat alarms will be installed in over 3,500 properties across the city centre ahead of the Scottish Government's anticipated legislative changes, which are expected to be introduced in 2019. Under the new legislation, all homes will require sealed long-life battery or mains wired alarms that are interlinked, with one functioning smoke alarm in the room that is frequently used by the occupants in the daytime, one functioning smoke alarm in every circulation space on every floor, and one heat alarm in every kitchen. A carbon monoxide alarm will also need to be fitted in each room with a carbon-fuelled appliance or flue.

 

The Wi-Safe 2 wireless interlink alarms from FireAngel ensure that each property achieves constant compliance through the use of interlinked alarms installed in the kitchen, hallway and living room.

 

The alarms will be installed by Queens Cross Housing Association's maintenance team over an eighteen-month period, with additional FireAngel carbon monoxide alarms also being installed in properties where there is a carbon-fuelled appliance or flue present.

 

Jim Williams, Maintenance Manager at Queens Cross Housing Association, said: "We have used FireAngel's carbon monoxide alarms in the past, so we know the quality and durability of the brand well. Following the Government's legislative updates, it is vital that we ensure that we are providing every single tenant with the highest level of protection, which we can easily achieve with FireAngel's range of interlinked alarms."

 

Neil Smith, Group Chief Executive of FireAngel, commented: "We are delighted to be providing Queens Cross Housing Association with our range of interlinked alarms. Our Wi-Safe 2 alarms are designed to provide the highest level of protection at all times and ensure compliance with the imminent new legislative changes requiring interlinked alarms in all properties."

 

 

For further information, please contact:

 

FireAngel Safety Technology Group plc	02477 717 700
Graham Whitworth, Executive Chairman
Neil Smith, Group Chief Executive
Stockdale Securities Limited	020 7601 6100
Tom Griffiths
Vigo Communications	020 7390 0233
Jeremy Garcia / Fiona Henson / Charlie Neish

 

 

 

Notes to Editors

 

About FireAngel Safety Technology Group plc ("FireAngel")

 

FireAngel's mission is to protect, save and improve our customers' lives by making innovative, leading edge technology simple and accessible.  FireAngel is one of the market leaders in the European home safety products market and launched its own connected homes product proposition at the end of 2016.  

 

FireAngel's principal products are smoke alarms, CO alarms and accessories.  The Company has an extensive portfolio of patented intellectual property in Europe, the US and other selected territories.  Products are sold under FireAngel's leading brands of FireAngel, FireAngel Pro, AngelEye and FireAngel Connect.

 

For further product information, please visit: www.fireangeltech.com 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

 

END

 

 

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RNS Number : 9630H

EU Supply PLC

21 November 2018

 

RNS Reach

21 November 2018

EU Supply plc

("EU Supply", the "Company" or the "Group")

 

Contract Wins in Germany

 

EU Supply (LSE AIM: EUSP), the e-procurement software provider, is pleased to announce that it is continuing to gain sales traction in Germany. This follows further improvements of the Company's approach with sales agents in Germany and the recent appointment of an in-house application consultant.

 

As a result, EU Supply has signed two further contracts in Germany, one with a local authority and one with a procurement consultancy specialising in supporting local authorities in defined categories.

 

In addition, EU Supply has also agreed on a rapid piloting programme with one of the seven county councils ("Bezirks") in the State of Bavaria, using the CTMTM  platform for managing tenders in works categories. Implementation has already started.

 

Thomas Beergrehn, CEO of EU Supply, commented:

"I am pleased to see continued growth, particularly with new clients in Germany. Demand seems to be unrelated to the EU Directives. We continue to believe that there is further potential for strong growth with new clients going forwards."

 

FURTHER ENQUIRIES

EU Supply PLC Tel: 020 7127 4545 Thomas Beergrehn, CEO   Fredrik Wallmark, CFO       Stockdale Securities Tel: 020 7601 6100 Tom Griffiths, Ed Thomas

 

A copy of this announcement is available at www.eu-supply.com.

 

Notes to Editors

EU Supply is the UK holding company of the EU Supply Group, a Sweden-based e-commerce business, which has an established, market-leading, multilingual e-procurement platform for e-sourcing, e-tendering and contract management, tailored for the highly regulated European public sector market.

Since 2006, the Group has invested heavily in employing specialist programmers to add functionality, legal compliance as required and security features to its Complete Tender Management™ ("CTM™") platform to ensure that the Group is ideally placed to secure new contracts with EU Member States and their Contracting Authorities. The platform is available in 16 different languages.

The Directors believe that the Group's CTM™ platform is one of the easiest to use and most functionally advanced solutions available in the market. The CTM™ platform is used by over 8,000 European public sector bodies in 9 EU/EEC Member States and has National Procurement System status in four Member States (the UK, Ireland, Norway and Lithuania).

The Company's shares were admitted to trading on AIM in November 2013. In August and September 2015, the Company raised a total of £2.061m (before expenses) through a placing of new shares and the issue of first and second tranches of Convertible Loan Notes to institutional and other investors. On 25 May 2018, the Company announced that it had raised a further £600k (before expenses) through a placing and subscription of new shares.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

 

END

 

 

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RNS Number : 0395I

1PM PLC

21 November 2018

 

 

 

21 November 2018

1pm plc

 

Leasing Life Award

 

1pm voted UK SME Champion at The 2018 Leasing Life European Annual Conference and Awards

 

1pm plc, the AIM listed specialist finance provider, is pleased to announce that it has been voted SME Champion – UK by a Panel of Asset Finance Industry Experts at the prestigious 2018 Leasing Life European Annual Conference and Awards Ceremony, held last week in Tallinn, Estonia. The Conference and Awards Ceremony, now in its fifteenth year, recognises the achievements of the European Asset Finance industry in 2018 across a number of categories.

 

The SME Champion Award recognizes those UK-based asset finance lenders who directly engage in supporting the SME market as a whole. The judging Panel were seeking a business with a demonstrable interest in SME markets beyond the provision of finance, combined with clear endorsements from clients, consistent business growth and an ongoing commitment to the SME market, citing specific examples of creative funding solutions and addressing SME market demands in imaginative and innovative ways.

 

Ian Smith, CEO, commented:

 

"At 1pm, we pride ourselves on the strength of our client relationships, the quality and flexibility of our service and our longstanding support of the UK SME Sector. Our business model and suite of financial products have been specifically developed and significantly expanded over recent years to serve this market sector. We believe this award goes a long way to vindicating our strategy and we are delighted to receive it."

 

 

 

For further information, please contact:
1pm plc
Ian Smith, Chief Executive Officer	01225 474230
James Roberts, Chief Financial Officer	01225 474230
Walbrook PR	0207 933 8780
Paul Vann	07768 807631
	[email protected]

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

 

END

 

 

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RNS Number : 9670H

Plant Health Care PLC

21 November 2018

 

 

 

21 November 2018

PLANT HEALTH CARE plc

 

("Plant Health Care" or the "Company")

 

Plant Health Care ProAct® Wins Top Industry Award from Agrow 

 

Plant Health Care®, a leading provider of novel patent-protected biological products to global agriculture markets, is pleased to announce ProAct was named Best New Biological Product on 12th November in London at the Agrow Awards. 

 

Highlights:

–     ProAct (Harpin ab) has been recognised as Best New Biological Product at the Agrow Awards, a prestigious global industry event

–     Research has shown how ProAct works to improve citrus quality, leading to increased production of export quality fruit

–     Plant Health Care is leveraging these results to drive sales into citrus and other fruits into export fruit markets in the Americas and Africa

 

ProAct, which is based on Harpin ab, improves the quality of fruit, so that more are graded for export, thereby increasing returns to growers.  Research at Instituto Valenciano de Investigaciones Agrarias, in collaboration with Plant Health Care, showed that ProAct stimulates the mobilisation of calcium in the plant cell wall of citrus fruits, leading to a stronger peel, which is less susceptible to fruit splitting.  Moreover ProAct, as a biological product, is certified for residue free fruit and vegtables.

 

Angel Marin, General Manager of Plant Health Care España S.A., received the award on behalf of the Company.

 

Harpin ab, the active ingredient in ProAct, has been used on over 13 million acres on multiple crops.  Sales have been growing at over 20% a year for the past 5 years.

 

Chris Richards, Executive Chairman and Interim CEO of Plant Health Care noted: "This award is recognition that Plant Health Care, as a science-based company, can bring new benefits to growers with low toxicity, biological products.  We now plan to take these results from Spain into other key citrus growing areas, such as Florida, South Africa and North Africa."

For further information, please contact:

 

Plant Health Care plc

Chris Richards, Executive Chairman and Interim CEO                      Tel: +1 919 926 1600

Jeff Tweedy, COO

 

Arden Partners plc – Nomad and Broker
John Llewellyn-Lloyd / Dan Gee-Summons                                       Tel: +44 (0) 20 7614 5900

 

IFC Advisory – Financial PR

Graham Herring / Miles Nolan / Zach Cohen                                     Tel: +44 (0) 20 3934 6633

 

 

Company website: www.planthealthcare.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

 

END

 

 

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Neville Registrars is delighted to welcome ValiRx plc as the newest addition to its list of client companies.

ValiRx is a life science company, which focuses on clinical stage cancer therapeutic development.

Further information can be found on the Company's website: https://www.valirx.com/

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RNS Number : 6821H

EU Supply PLC

19 November 2018

 

19 November 2018

EU Supply plc

("EU Supply", the "Company" or the "Group")

 

Contract Win

 

EU Supply (LSE AIM: EUSP), the e-procurement software provider, is pleased to announce that it has received its sixth contract pursuant to the framework agreement entered into with an existing customer (the "Customer") for additional services to its CTMTM platform originally announced by the Company on 16 June 2017 (the "Agreement").

 

This contract comprises certain customer-paid enhancements, which are expected to generate revenue of approximately €190k during the remainder of this year.

 

 

FURTHER ENQUIRIES

EU Supply PLC Tel: 020 7127 4545 Thomas Beergrehn, CEO   Fredrik Wallmark, CFO       Stockdale Securities Tel: 020 7601 6100 Tom Griffiths, Ed Thomas

 

A copy of this announcement is available at www.eu-supply.com.

 

Notes to Editors

EU Supply is the UK holding company of the EU Supply Group, a Sweden-based e-commerce business, which has an established, market-leading, multilingual e-procurement platform for e-sourcing, e-tendering and contract management, tailored for the highly regulated European public sector market.

Since 2006, the Group has invested heavily in employing specialist programmers to add functionality, legal compliance as required and security features to its Complete Tender Management™ ("CTM™") platform to ensure that the Group is ideally placed to secure new contracts with EU Member States and their Contracting Authorities. The platform is available in 16 different languages.

The Directors believe that the Group's CTM™ platform is one of the easiest to use and most functionally advanced solutions available in the market. The CTM™ platform is used by over 8,000 European public sector bodies in 9 EU/EEC Member States and has National Procurement System status in four Member States (the UK, Ireland, Norway and Lithuania).

The Company's shares were admitted to trading on AIM in November 2013. In August and September 2015, the Company raised a total of £2.061m (before expenses) through a placing of new shares and the issue of first and second tranches of Convertible Loan Notes to institutional and other investors. On 25 May 2018, the Company announced that it had raised a further £600k (before expenses) through a placing and subscription of new shares.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

 

END

 

 

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RNS Number : 4700H

Character Group PLC

15 November 2018

 

 

The Character Group plc

("Group", "Character" or the "Company")

Designers, developers and international distributors of toys, games and giftware

 

 

CHARACTER TAKES TWO OF THE TOP TWELVE TOYS THIS CHRISTMAS UNVEILED AT DREAMTOYS 2018

 

 

LONDON: Thursday, 15 November 2018: The Board of Character (AIM: symbol: CCT.L) is very pleased to report that its principal trading subsidiary, Character Options Limited ("Character Options") has featured strongly in the prestigious best toys of the year wish list. 

 

Each year, the Toy Retailer Association (TRA) releases its "Dream Toys' dream dozen".  Based on the opinions of large chain retailers, small multiples and independent retailers across the UK, the informative listing is regarded as the most independent and authoritative prediction of the toys that will be the most sought after by children this Christmas. 

 

Within this year's "Dream Toys' dream dozen" released at the TRA's annual event in London yesterday Character Options once again was amongst the nine successful companies who have developed the in-demand toys.  Featuring in the top rankings for Character are the Laser X Twin Pack and Cra-Z-Slimy Creations Super Slime Studio. 

 

The Cra-Z-Slimy Creations Super Slime Studio (retailing at £29.99) has been a key creative play kit of the season and has set the trend for children to create their own slime at home.  For Laser X Twin Pack (retailing at £49.99) this is the second year running that it has made the top twelve toys.

 

Jon Diver, Character's Joint MD commented:

"We have great strength and depth across our brands, so we are all delighted that two of our novel lines have listed in the Dream Toys' dream dozen". Our highly experienced teams are dedicated to developing, marketing and distributing innovative and exciting toys that meet today's high expectations that both our customers and the consumer demand in terms of quality and value."

"We are also particularly proud that Character has listed at least one range each year since the TRA listing inception in 2010".

 

Jerry Healy, Group Marketing Director at Character added:

"The annual Dream Toys' dream dozen event is central in our marketing calendar and is a culmination of months of work in creating awareness for the Character Options toy lines. The two products that made the list are key items in our portfolio, so we were delighted to see them included."

 

"We are all very proud of our achievements – our market leading position in the UK ensures that we remain the partner of choice and this is being reflected in our portfolio as it continues to go from strength to strength and feature so favourably within our customers' marketing offering too."

 

 

In addition to the Dream Toys' list, 72 other toys and games were named as being ones to watch out for as the Christmas season ramps up.  10 of these are supplied by Character Options and include Wrapples from Little Live Pets, the Peppa Pig Mobile Medical Centre, Treasure X and the Batman Stretch toy. 

 

Product ranges can be viewed at www.character-online.co.uk.

 

ENQUIRIES
The Character Group plc Jon Diver, Joint Managing Director Kiran Shah, Joint Managing Director and Group Finance Director Jerry Healy, Group Marketing Director
Office:     +44 (0) 208 329 3377 Mobile:   +44 (0) 7831 802219 (JD) Mobile:  +44 (0) 7956 278522 (KS) Email: [email protected]   FTSE sector:  leisure: FTSE AIM All-share: symbol: CCT.L: Market cap: £106m
Panmure Gordon (Nominated Adviser and Joint Broker) Atholl Tweedie, Investment Banking Charles Leigh-Pemberton, Corporate Broking Tel: +44 (0) 20 7886 2500
Allenby Capital Limited (Joint Broker) Nick Athanas Tel:  +44 (0) 20 3328 5656
Evolution PR (Trade and consumer media) Michele Bates Tel: +44 (0) 01327 227010 Email: [email protected]
TooleyStreet Communications Limited (Investor and media relations) Fiona Tooley Tel:  +44 (0) 7785 703523 Email: [email protected]

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

 

END

 

 

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RNS Number : 4094H

LightwaveRF PLC

15 November 2018

 

RNS Reach

15 November 2018

LightwaveRF plc

(AIM: LWRF)

 

Distribution agreement with Dixons Carphone

 

 

LightwaveRF plc ("LightwaveRF", "Lightwave" or the "Company"), the leading smart home solutions provider, is pleased to announce a distribution agreement with Dixons Carphone to sell Lightwave products online through its electrical retailer, Currys.

 

Currys online, which targets customers both in the UK and internationally, is now selling Lightwave's Smart Socket, Smart Dimmer and Lighting Starter Kit from the Smart Series product range.

 

Additionally, Lightwave has been participating in a number of electronics trade shows. It most recently exhibited at the ElexShow on 1 and 2 November 2018 and it will also be showing at Lux Live, Europe's largest annual lighting exhibition which is taking place at London's ExCel until today. Furthermore, Lightwave will also be exhibiting at Live North on 22 November 2018 at Aintree Racecourse, Liverpool.

 

Jason Elliott, Chief Executive, commented:

 

"We are delighted to have signed an agreement with another high-profile retailer, adding to our existing partnerships with Apple and John Lewis. Thanks to our marketing and sales initiatives, we continue to make good progress in increasing our brand visibility and product availability. Having a presence at these electrical exhibitions is all about building further awareness through demonstrating the effectiveness of our products to a large audience of consumers and retailers."

 

 

For further information:

 

LightwaveRF plc Jason Elliott, CEO Kevin Edwards, CFO	www.lightwaveRF.com +44 (0) 121 250 3625
Stockdale Securities Limited Tom Griffiths/Edward Thomas	www.stockdalesecurities.com +44 (0) 20 7601 6100
Yellow Jersey PR Charles Goodwin/Katie Bairsto	www.yellowjerseypr.com +44 (0) 7747 788 221

 

 

 

 

 

About LightwaveRF

 

LightwaveRF plc is the UK's only fully integrated home automation company.

 

New customers typically buy a starter pack of Link Plus hub and smart dimmer which has Apple HomeKit compatibility, 2-way communication and built-in energy monitoring. Later adding other easy to install devices from the Lightwave range enables further in-home control, monitoring and automation of lighting, heating and power.

 

Devices may be operated manually, by smartphone or tablet-based apps and also through Google Assistant and Amazon Alexa voice control.

 

Leading tech industry publication 9to5 Mac describes Lightwave as "the best UK HomeKit solution for smart lighting".

                                                         

For further information and "Newsletter sign up", please visit:

www.lightwaverf.com/corporate/

                                                    

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

 

END

 

 

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RNS Number : 2566H

Plant Health Care PLC

14 November 2018

 

 

 

14 November 2018

PLANT HEALTH CARE plc

 

("Plant Health Care" or the "Company")

 

Positive Developments with Harpin ab in sugarcane in Brazil

 

Plant Health Care®, a leading provider of novel patent-protected biological products to global agriculture markets, is pleased to provide the following update on the launch of H2Copla (Harpin ab) in sugarcane in Brazil. 

 

Highlights:

–     H2Copla (Harpin ab) has been applied on some 20,000 hectares (Ha) of sugarcane since 'soft launch' in February 2018

–     Average yield increases in excess of 20% are driving strong demand; early adopters plan to switch entirely to H2Copla for the next season

–     Grower response to the results has been very positive

–     Sales by PHC to Coplacana are expected to reach $0.8m in 2018, pointing to strong growth in 2019

 

As previously announced, Brazil sugarcane, with 10 million Ha planted, is an important target for Plant Health Care.  The Company has been developing Harpin ab for use in this crop since 2016.  Coplacana, a very large co-operative and the leading distributor of inputs for sugarcane, was appointed as distributor to launch Harpin ab under the brand name H2Copla.  Following a 'soft launch' in February 2018, Coplacana has been carrying out extensive demonstration trials of the product; H2Copla has been applied on some 20,000 Ha to date by various growers.

 

Trials conducted on behalf of the Company in 2018 showed that single applications of a low dose (100 g per Ha), significantly increased the yield of sugarcane (10-29%).  Moreover, it is possible that the life of the crop may be extended from five to six years, resulting in a material cost reduction for the grower, especially when sugar prices are low. Grower response to the results has been very positive.

 

Furthermore Usina Açucareira Furlan S/A ('Furlan'), a large sugarcane producer located in the state of São Paulo, carried out field trials in 2018, as part of the soft launch by Coplacana, which delivered an average 23% yield increase from H2Copla applicatons. Furlan now plans to use H2Copla on their entire area next season.

 

Gilmar Rorigues de Morais, Agriculture Department Manager at Furlan, said "We are excited about the yield increases from this year's trials and plan to use H2Copla on all of our 20,000 Ha for the 2019 growing season."

 

Chris Richards, Executive Chairman and Interim CEO of Plant Health Care, noted: "Grower reaction to demonstration trials of H2Copla has been very positive.  Growers have already treated some 20,000 Ha of sugarcane with the product.  The indication that just one customer (Furlan) plans to use H2Copla on 20,000 Ha next year, points to significant revenue growth in 2019.  Demand for Harpin ab in Brazil is expected to reach at least $0.8m in 2018."

For further information, please contact:

 

Plant Health Care plc

Chris Richards, Executive Chairman and Interim CEO                     Tel: +1 919 926 1600

Jeff Tweedy, COO

 

Arden Partners plc – Nomad and Broker
John Llewellyn-Lloyd / Dan Gee-Summons                                       Tel: +44 (0) 20 7614 5900

 

IFC Advisory – Financial PR

Graham Herring / Miles Nolan / Zach Cohen                                      Tel: +44 (0) 20 3934 6633

 

 

Company website: www.planthealthcare.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

 

END

 

 

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RNS Number : 9732G

Transense Technologies PLC

12 November 2018

 

Transense Technologies plc

("Transense" or the "Company")

New Translogik iTrack Contract Win in new Territory

 

Transense Technologies plc, the provider of sensor systems for the industrial, mining and transportation markets, is pleased to announce that Translogik, its trading division providing tyre management solutions, has won a contract to supply 24 iTrack II mining tyre monitoring systems including the full suite of Data Analytics for large haul trucks at Southern Copper's Cuajone mine in Peru.

These systems are to be supplied on a subscription model basis. This method allows mining companies to benefit from the productivity gains and overhead savings provided by using the system without any of the associated capital cost while providing Transense with a recurring revenue stream.

Josue Vilchez, General Chief Mine Operation, said: "We have conducted extensive trials over the course of the last 18 months with all of the current market leading systems and we have concluded that iTrack is the best TPMS system in the mining environment available. We are very keen to start operations with iTrack II which will allow us to immediately benefit from the increase in production and health and safety that iTrack provides. The system will initially be installed on our Cat 797F Haul Truck fleet however, we expect iTrack will subsequently be rolled out to our extended fleet in Peru which amounts to a further 100 trucks."

 

Graham Storey, CEO of Transense, said: "This is further validation of the superior qualities of the iTrack system over and above any other system available in the market today. Southern Copper's decision to adopt the entire suite of Data Analytics is an indication of the increasing awareness of the value of the analytical data that our 24/7 Monitoring and Analytics centre in Chile produces which greatly enhances the overall value of the system."

 

For further information, please visit www.transense.co.uk or contact:

 

Transense Technologies plc Graham Storey, Chief Executive	Tel: +44 1869 238 380
finnCap (Nomad and Broker) Ed Frisby, Giles Rolls (Corporate Finance) Tim Redfern (Corporate Broking)	Tel: +44 20 7220 0500

  

Notes to editors:

About iTrack II

The iTrack II Mining system provides fast, accurate, reliable real-time data on the condition of the tyres, combined with live tracking of vehicle location and status. Our 24/7 Control Room monitors the pressures and temperatures live, and this information can, for example, be used to ensure tyres do not exceed critical heat thresholds, detect incorrect load distributions, predict suspension failures, eliminate manual tyre pressure checks and much more. All of these benefits increase health and safety as well as reducing maintenance and downtime, which maximises the hours a truck is working (On-Road Truck Working Hours), which directly correlates to an increase in production.

Existing iTrack users have reported increases in tyre life of up to 30% and fuel savings of up to 3%. Savings of this magnitude provide a rapid return on investment with the iTrack system paying for itself in a matter of months, and where the rental option is chosen the system will pay for itself from day one.

www.trans-logik.com/itrack-2/

 

About Southern Copper

SCC is one of the largest integrated copper producers in the world. They produce copper, molybdenum, zinc, lead, coal and silver. All their mining, smelting and refining facilities are located in Peru and Mexico and they conduct exploration activities in those countries and Chile. Since 1996, their common stock is listed on both the New York and Lima Stock Exchanges.

 

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

 

END

 

 

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