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Synectics plc
("Synectics" or the "Company")
Contract Award
Synectics plc (AIM: SNX), a leader in advanced security and surveillance systems, announces the award of a further contract, worth approximately £2.0 million, to supply specialist camera stations for Saudi Aramco's Zuluf development programme.
Further to its announcement on 13 April 2023 of the award of a £3.5 million contract for the Process CCTV system for the Zuluf development programme, the Company, along with its integration partner 3W Networks, has now been contracted to provide the related Security CCTV system.
A significant proportion of this additional contract is expected to be delivered by the end of the Company's financial year ended 30 November 2023, with the balance early in the following year.
For further information, please contact:
| Synectics plc Paul Webb, Chief Executive Officer Amanda Larnder, Chief Financial Officer |
| Tel: +44 (0) 114 280 2828 | |
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| email: info@synecticsplc.com |
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| Shore Capital |
| Tel: +44 (0) 20 7408 4090 | |
| Tom Griffiths / David Coaten |
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About Synectics plc
Synectics plc (AIM: SNX) is a leader in advanced security and surveillance systems that help protect people, property, communities, and assets around the world.
The Company's expertise is in providing solutions for specific markets where security and surveillance is critical to operations. These include gaming, oil and gas, public space, transport, and critical infrastructure.
Synectics has deep industry experience in these markets and works closely with customers to deliver solutions that are tailored to meet their needs. Technical excellence, combined with decades of experience and long-standing customer relationships, provides fundamental differentiation from mainstream suppliers and makes the company a stand-out in its field.
Find out more at www.synecticsplc.com
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