LONDON (ShareCast) - Software Radio Technology, a developer and provider of maritime identification and tracking technologies and products, has received an order for 500 Identifiers from its Indian customer, which are set to be delivered before the end of April this year.

The Identifiers are a customised version of SRT's standard Identifier product platform, and is for use on fishing vessels as part of India's general maritime domain awareness (MDA) investment programme.

In 2008, the Indian government decided to create a national automatic identification system (AIS) network along its 7,500km coastline as part of the MDA investment programme.

This was specified, tendered and installed within four years, giving India one of the world's most sophisticated AIS networks.

The next phase in this programme is to fit local boats with an AIS device and the order for 500 Identifiers marks the latest stage in Software Radio Technology's efforts to develop the most appropriate solution, before commencement of a national rollout.

Simon Tucker, Chief Executive Officer of Software Radio Technology, said: "With many hundreds of thousands of fishing vessels, India is an enormous market opportunity for SRT and we believe that our Identifier and Class B products provide ideal platforms which can be customised for specific requirements.

"Whilst small, this order is a major step forward in the India vessel tracking programme and we look forward to continuing our work with Elcome to provide India with a robust and reliable small vessel tracking solution that the authorities are confident can be rolled out nationally."

The share price rose 3.28% to 23.62p by 13:55.

NR

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