REG - Westminster Group - US$4.4m Contract Award in Americas <Origin Href="QuoteRef">WSG.L</Origin>
RNS Number : 6739YWestminster Group PLC03 December 201403 December 2014
Westminster Group Plc:
US$4.4 million New Contract Award
Major Consultancy Project - The Americas
Westminster Group Plc ('Westminster' or the 'Group'), the AIM listed supplier of managed services and technology based security solutions to governments and government agencies, non-governmental organisations (NGO's) and blue chip commercial organisations worldwide, is pleased to announce that its Technology Division has secured a contract to undertake a major consultancy project for a government in the Americas.
Under Phase 1 of the project, which is valued at approximately US$4.4million, Westminster will carry out a comprehensive solutions based analysis of the country's borders, ports of entry and key infrastructure, and provide recommendations and proposals on long term solutions to improve national security to assist in the fight against terrorism, drugs and human trafficking.
Phase 2 of the project will be to create a 15 - 25 year national security enhancement programme, which is envisaged will commence after Phase 1 and will involve a planned roll out of both technology based enhancements and managed services solutions, as identified in the solutions based analysis report, and which would be developed under a separate cost agreement.
The project will commence immediately and Phase 1 is expected to be completed during 2015.
Commenting on the contract award Peter Fowler, Chief Executive of Westminster Group, said:
"I am delighted to announce this latest contract award to assist this important client improve its national security. The contract is significant not only through the solutions based analysis programme contained in the initial phase of the project but also in the potential to deliver long term security improvements under follow-on agreements.
"Our business development teams have been working with the client on the development of this programme throughout 2014 and the contract award is a testament both to the dedication of our staff and to our reputation in providing advanced security solutions to governments and clients world-wide. Furthermore this shows the value of the integration and mutual support between our Technology and Managed Services divisions. I would also like to pay tribute to the excellent support we continue to receive from UKTI and the UK overseas diplomatic missions."
For further information please contact:
Westminster Group plc.
Tel: 01295 756 300
Peter Fowler (Chief Executive)
Ian Selby (Chief Financial Officer)
Sir Malcolm Ross (Non-Executive Chairman)
Matt Wood (Non-Executive Director)
S. P. Angel Corporate Finance LLP (NOMAD and Broker)
Tel: 020 3470 0470
Stuart Gledhill/Katy Birkin
Winningtons Financial (Financial PR)
Tel: 020 3176 4722
Tom Cooper/Paul Vann
0797 122 1972
Notes:
Westminster Group plc is a leader in the supply of managed services and system solutions and products to the security, defence, fire protection and safety markets worldwide.
Westminster's principal activity is the design, supply and ongoing support of advanced technology security solutions, encompassing a wide range of surveillance, detection, tracking and interception technologies and the provision of long term managed services contracts such as facilities management and running of complete security services and solutions in airports, ports and other such facilities together with the provision of manned services, consultancy and training services. The majority of its customer base, by value, comprises governments and government agencies, non-governmental organisations (NGO's) and blue chip commercial organisations. For further information please visit www.wsg-corporate.com
This information is provided by RNSThe company news service from the London Stock ExchangeENDCNTUUOARSWAURUA
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