Verity Group PLC - Re License Agreement with TGI
30 Giugno 1998 - 9:46AM
UK Regulatory
RNS No 6358j
VERITY GROUP PLC
30th June 1998
VERITY GROUP PLC
NXT License Agreement with TGI
Following the announcement earlier today by TGI, NXT is
pleased to confirm that a licensing agreement has been signed
with TGI to use flat panel speaker technology in architectural
applications including airports, conference centres, hotels
and retail complexes.
The new products will be developed by Tannoy's in-house
research and development team and will be marketed under the
Tannoy brand which has a leading reputation in public address
supported by a well established world-wide distribution
network.
Progress at NXT was last reported on 8 May 1998 and it remains
the company's policy to issue periodic progress reports
regarding licensing agreements. The next report is expected
to be issued before the end of July 1998.
For further information, please contact:
Verity Group plc
Peter Thoms, Finance Director 01480 451 777
Ludgate Communications
Richard Hews/Flo Griffiths 0171 253 2252
END
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