ORPK Orpak Systems

    RNS Number : 2694H
  Orpak Systems Ltd
  03 November 2008
   

    3 November 2008

    Orpak Systems Ltd
    ("Orpak" or "the Company")

    Subsidiary of Orpak to equip a network of stations of global oil company in Turkey

    Orpak Systems Ltd, the leading provider of card-free secure fuel payment systems based on vehicle identification and end-to-end
solutions for the automation of fuel stations, announces that its subsidiary in Turkey, Turpak, has signed an umbrella agreement to equip
global oil company, LUKoil's network of stations in Turkey with tank automation, site automation, and C-store management system. 

    Currently, LUKoil has a network of 80 petrol stations and has recently acquired an additional network of 550 stations of Akpet, the
Turkish gas station operator. Under the terms of the agreement, Orpak will commence the supply, installation and commissioning of its
management system in 80 petrol stations, which is expected to be complete by middle of 2009. Orpak will be paid $1.5m in stages for
fulfilling the terms of the contract.

    Hayim Kohen, CEO of Orpak, said: "We are delighted to be awarded this contract by LUKoil. It demonstrates our strength in the region
where we already work with other global oil companies such as BP and Shell. It is an affirmation of our advanced technology and we look
forward to building a long relationship with them".   


    Enquiries


    Orpak Systems Ltd 
    Hayim Kohen, CEO                                +972 3 577 6868 
    Hemi Shtral, CFO 


    Libertas Capital 
    Sandy Jamieson                                      +44 20 7569 9650 


    Corfin Communications 
    Harry Chathli, Claire Norbury                 +44 20 7977 0020 


    Note to Editors: 

    Orpak develops, manufactures and markets end-to-end solutions for the automation of fuel stations and fleet management. Orpak is a
market leader in automated refueling systems that incorporate fuel payment based on vehicle identification. 

    Using advanced technologies to meet customer requirements, Orpak's solutions integrate forecourt automation and management,
convenience-store management systems, commercial and retail sales solutions, and fuel delivery systems. The Company's solutions are designed
to benefit customers through enabling fuel savings, preventing fuel fraud, maximizing loyalty programs and providing other advanced services
that increase profitability. 

    The Company's products have been delivered to more than 10,500 fuel stations and 2.1 million vehicles in 30 countries across the globe
and are distributed through an international network of subsidiaries and partners. 

    Orpak has been ISO-9001 certified since 1995, and the Company's products meet appropriate local safety standards and regulations in
markets in which it operates. 

    Orpak (AIM: ORPK) was admitted to AIM in December 2005. 











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