Brief: Spectra Systems Executes Contract Amendment

Spectra Systems

15/08/2022 07:55

Aug 15 (Reuters) - Spectra Systems Corp  SPSY.L :
    * SPECTRA SYSTEMS SPECTRA SYSTEMS-SPSC  - NEW CENTRAL BANK
CONTRACT AMENDMENT
    * SIGNIFICANT PORTION OF PROFITS FROM THIS CONTRACT
AMENDMENT WILL
BE USED TOWARDS ADDITIONAL SALES AND MARKETING EFFORTS FOR OUR
MACHINE-READABLE SECURE POLYMER SUBSTRATE, FUSION
    *  ADDITIONAL CONTRACT WILL FURTHER INCREASE DEVELOPMENT
PHASE
REVENUE FROM $10.8 MLN TO $14.8 MLN 

Source text for Eikon:  ID:nRSO9387Va 
Further company coverage:  SPSY.L 

 ((Reuters.Briefs@thomsonreuters.com;))