SIMTRONICS, ORDER IN HAND SIMTRONICS TO DELIVER GAS DETECTION SYSTEM FOR SUBMARINES IN FRANCE
Simtronics Group has through its French subsidiary received a first order of approx. NOK 2,4 million for generic studies and Letter of Intent from DCNS in France for delivery of gas analyzers and gas detectors for submarines to be made by DCNS.
The general contract, which is scheduled to be signed in September represents a value of approx. NOK 40 million. The contract duration will be 3 years, renewable.
In average, vessels such as submarines have a life expectancy of 33 years and the general contract will be renewed accordingly. In addition to supplying the physical products and spare parts, Simtronics will also provide studies, technical assistance and training.
For further information, please contact:
Rune Martini, CEO, Simtronics ASA
Phone +47 48 07 80 80
Claus Fossum, EVP & Head Detection systems division
Phone +47 91 78 36 43
Simtronics ASA (Oslo Stock Exchange: SIMTRO) works to prevent disasters from happening. The company is an international supplier of fire and gas safety systems, active fire fighting solutions and fire prevention systems. Simtronics' flame and gas detectors represent the most accurate, reliable and robust safety technology available. The Company's products, solutions and systems are used by the oil and gas industry as well as in shipping, petrochemical and other process industries and in mining. Simtronics has a well established market base in Europe with Norway, France, UK and Germany as the single most important markets. Simtronics' heritage goes back to 1948.