TIDMSPSY

Spectra Systems Corporation

02 October 2019

Spectra Systems Corporation

G7 Quality Control Equipment Service Contract

Spectra Systems Corporation, a leader in machine-readable high speed banknote authentication and brand protection technologies, and gaming security software, is pleased to announce that it has executed a new five year service contract with a minimum value of $0.4MM. The contract with a G7 central bank provides for routine maintenance and has additional fees for time and materials when required.

Dr. Nabil Lawandy, Chief Executive Officer, stated: "We are delighted that our long standing G7 customer has executed a renewal of a service contract, further underpinning the continued use of our materials in their banknotes. This five year contract layers on top of existing service contracts with a major worldwide printer of banknotes and additional service contracts with our G7 customer"

Enquiries:

Spectra Systems Corporation

Dr. Nabil Lawandy, Chief Executive Officer Tel: +1 (0) 401 274 4700

WH Ireland Limited

Chris Fielding, Managing Director, Corporate Finance Tel: +44 (0) 20 7220 1650

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October 02, 2019 02:00 ET (06:00 GMT)

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