PipeHawk Plc Contract Win
16 Settembre 2019 - 4:21PM
UK Regulatory
TIDMPIP
The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulation
(EU) No. 596/2014 ("MAR").
16 September 2019
PipeHawk plc
("PipeHawk" or the "Company")
Contract win
PipeHawk is pleased to announce that its subsidiary, QM Systems, has been
selected by a premium global automotive seating and electrical systems supplier
to deliver a new manufacturing facility for the manufacture of premium
automotive seats. The contract is valued at over GBP600,000 and is due for
delivery in Q1 2020.
Gordon Watt, Chairman of PipeHawk PLC, commented: "This is great news for the
Company, especially given that the project will deliver a version of one of
QM's core manufacturing production products, its Q-MAC3. This is a fully
integrated and automated manufacturing system that has been developed by QM
Systems' in-house team and is seeing a significant amount of interest
internationally. We are excited to be partnering with this global manufacturer
on this next exciting phase of our journey."
More information on the Q-MAC range of products or any wider automation
requirement please contact the Company at Sales@qm-systems.com.
Enquiries:
PipeHawk Plc Tel. No. 01252 338 959
Gordon Watt (Chairman)
Allenby Capital (Nomad and Broker) Tel. No. 020 3328 5656
David Worlidge/Asha Chotai
Notes to Editors
For further information on the Company and its subsidiaries, please visit:
www.pipehawk.com.
END
(END) Dow Jones Newswires
September 16, 2019 10:21 ET (14:21 GMT)
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