SMN structural monitoring systems plc

Ann: SMS executes world first agreement with Delta Airlines, page-4

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    A major global carrier’s adoption and fleet-wide installation of CVM™ technology, would lead the global commercial aviation sector to full, widespread use of CVM™ products. Subsequent sales of CVM™-related equipment to the world’s remaining airline carrier fleets would be expected to generate revenues that are many multiples higher than those revenues generated with Delta - and this excludes the per annum revenue value that would be derived from annual, continuously renewable CVM™ technology licensing agreements. The commercial value of technology license agreements will ultimately peak at approximately $US10-15 million, on a per annum/per operator basis, for a typical Tier I airline operator.
 
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