Stockholm, August 31, 2015
As published on August 13th, INVISIO (IVSO) has, through its partner Marlborough Communications Ltd. (MCL), been awarded a contract for supplying the UK MoD (Ministry of Defense) with a tactical hearing protection system for dismounted close combat users (or ‘THPS DCCU’). The contract has been awarded for four years, with the option to extend it for a further three years. The initial order is now received with a value of approximately SEK 130 million for INVISIO. Deliveries of the initial order are expected to commence in early 2016 and continue throughout the year.
INVISIO and MCL were awarded the contract to supply the UK MoD with the INVISIO S10 Hearing Protection System. The INVISIO S10 will be deployed across the British Army and further orders are expected over the life time of the contract to support the Royal Navy and Royal Air Force.
“We are of course very proud to have been awarded this contract together with MCL. We have worked tirelessly together over the last three years to create the best possible solution and win this important program that we believe, will serve as reference for other countries. The INVISIO S10 provides unrivalled hearing protection, situational awareness and crystal clear communications. We look forward to working with MCL and the UK MoD over the next four years to deliver this product to UK soldiers” comments Lars Højgård Hansen, CEO INVISIO.
The INVISIO S10 is a hearing protection and communication system for use on a single radio and consists of an in-ear hearing protection headset with a control unit housing the electronics for situational awareness and impulse noise protection. As part of the tender process the INVISIO S10 has undergone rigorous testing and user trials and is proven to best meet the MoD’s requirements for a simple yet advanced solution that fully addresses the key issues surrounding hearing protection, situational awareness, clear communications, ease of use and comfort.
INVISIO Communications AB (publ) discloses the information provided herein pursuant to the Securities Market
Act and/or the Financial Instruments Trading Act. The information was submitted for publication on August 31,
2015.
For additional information, please contact:
Lars Højgård Hansen, CEO INVISIO Communications
Mobile: + 45 53 72 7722
E-mail: lhh@invisio.com
About INVISIO Communications AB
INVISIO Communications AB is a public company listed on the NASDAQ Stockholm Exchange (ticker code: IVSO). INVISIO specializes in voice communications in difficult conditions. The company develops, manufactures, markets and sells communication solutions such as advanced headsets control units and accessories for use with two-way radio, primarily for professional users who often work in difficult environments. The customers are for example found in the military and military Special Forces, police and SWAT teams, emergency services, the security sector, and various industries throughout the world. Additional information is available on the company’s web site at www.invisio.com.
