The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulation
(EU) No. 596/2014 ("MAR").
16 September 2019
PipeHawk plc
("PipeHawk" or the "Company")
Contract win
PipeHawk is pleased to announce that its subsidiary, QM Systems, has been
selected by a premium global automotive seating and electrical systems
supplier to deliver a new manufacturing facility for the manufacture of
premium automotive seats. The contract is valued at over £600,000 and is due
for delivery in Q1 2020.
Gordon Watt, Chairman of PipeHawk PLC, commented: “This is great news for
the Company, especially given that the project will deliver a version of one
of QM’s core manufacturing production products, its Q-MAC3. This is a fully
integrated and automated manufacturing system that has been developed by QM
Systems’ in-house team and is seeing a significant amount of interest
internationally. We are excited to be partnering with this global manufacturer
on this next exciting phase of our journey.”
More information on the Q-MAC range of products or any wider automation
requirement please contact the Company at Sales@qm-systems.com.
Enquiries:
PipeHawk Plc Gordon Watt (Chairman) Tel. No. 01252 338 959
Allenby Capital (Nomad and Broker) David Worlidge/Asha Chotai Tel. No. 020 3328 5656
Notes to Editors
For further information on the Company and its subsidiaries, please
visit: www.pipehawk.com.
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