Friday, 12 February 2010

DATONG secures largest order in US in 18 months, sees recovery in Americas market

Designer and manufacturer of intelligence gathering equipment DATONG (AIM: DTE) has secured a US$1.2 million contract to supply tracking and location technology to the US defence sector, which is the largest order for the group in the US for more than 18 months.

DATONG said that the order, which was anticipated and reflected in the management’s expectations for the current financial period, represented an important step in the performance recovery for the Americas market.

“We are extremely pleased to announce this significant contract win which reaffirms customer confidence in our solutions for this market. The board takes renewed comfort in the strength of DATONG's relationships with its key customers in the US, and the indicative scale of the opportunities for the medium and longer term in the region,” said chief executive Dean Blood.

DATONG is headquartered in Leeds, UK, and employs 90 staff. The company has a wholly owned subsidiary in the US with a sales and service office in Chantilly, Virginia. Its products are sold internationally into more than 25 countries.  http://www.proactiveinvestors.co.uk/companies/news/13241/datong-secures-largest-order-in-us-in-18-months-sees-recovery-in-americas-market-13241.html

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