General Announcement::Addvalue and Avionica formalise significant contract to develop satcom terminals for aviation market

Issuer & Securities

Issuer/ Manager
ADDVALUE TECHNOLOGIES LTD
Securities
ADDVALUE TECHNOLOGIES LTD - SG1I67883666 - A31
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
20-Feb-2019 17:17:01
Status
New
Announcement Sub Title
Addvalue and Avionica formalise significant contract to develop satcom terminals for aviation market
Announcement Reference
SG190220OTHRREKO
Submitted By (Co./ Ind. Name)
DR COLIN CHAN KUM LOK
Designation
CHAIRMAN AND CEO
Description (Please provide a detailed description of the event in the box below)
PRESS RELEASE

ADDVALUE MAKES A WATERSHED BREAKTHROUGH INTO THE EXCITING AND FAST GROWING AVIATION MARKET THROUGH A FORMALISED AGREEMENT WITH AVIONICA TO JOINTLY DEVELOP NEW GENERATION OF SATELLITE COMMUNICATION TERMINALS TO SUPPORT REAL-TIME FLIGHT DATA MANAGEMENT FOR THE WORLDWIDE AVIATION MARKET

Please refer to the attachment for details

Attachments

AVT-PR_Addvalue_Avionica_formalised_significant_design_agreement_200219.pdf
Total size =176K