ESK 0.00% 19.0¢ etherstack plc

Dec 12 (Reuters) - Etherstack PLC (ESK) : US$2.3 MILLION NORTH...

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    Dec 12 (Reuters) - Etherstack PLC (ESK) :

    • US$2.3 MILLION NORTH AMERICAN EQUIPMENT SALE
    • SUPPLY CONTRACT HAS AN INITIAL 6-YEAR TERM
    • MAJORITY OF BASELINE REVENUE FROM CONTRACT WILL BE RECOGNISED WITHIN NEXT 18 MONTHS
    • ETHERSTACK SIGNED A FOLLOW ON US$2.3M DEAL TO SUPPLY FURTHER DIGITAL RADIO COMMUNICATIONS TECHNOLOGY TO A DANIELS ELECTRONICS
    • SUPPLY CONTRACT HAS PROVISIONS EXPECTED TO GENERATE ETHERSTACK ADDITIONAL LICENSING AND SUPPORT REVENUES BEYOND BASELINE US$2.3 MILLION
 
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