11 May 2005 07:00
e2v technologies PLC11 May 2005 11 May 2005 e2v technologies plc Contract Win e2v technologies, a specialist developer and manufacturer of high-technologyelectronic components and sub-systems, is pleased to announce that it hasreceived a contract for US$5.7m (£3.0m) from US based Dentrix Dental Systems,part of the Henry Schein Inc. healthcare group, for high performance x-raydental sensors. This new contract is a follow on from the initial contractawarded in September 2003 and is effective from June 2005, when the currentcontract completes. e2v's range of x-ray dental sensors are enjoying strong demand, particularlyfrom the USA, but also in Europe, where the dental x-ray imaging market isseeing continued growth. The technology offers advantages over traditional filmbased systems including provision of data which is virtually real-time, lowerradiation exposure and improved data storage and transmission. At the time of the year end trading statement we said we had excellentengagement with key customers for some important programmes in the new financialyear. The securing of this contract helps to reinforce our confidence inexpectations for the current year. e2v technologies plans to publish preliminary results for the year ended 31March 2005 on 23 June 2005. Keith Attwood, CEO of e2v technologies commented. "This order secures our position as a leading supplier to the fast growingdental x-ray imaging market. This follow on contract is testimony to e2vtechnologies' technical expertise in this field and operational effectiveness,as well as the successful relationship the two companies have fostered overrecent years". For further information: e2v technologies plc Tel: 01245 493493Keith Attwood/Mike Hannantwww.e2v.com Gavin Anderson & Company Tel: 020 7554 1400Laura Hickman/Charlotte Stone/Keith Brookbank Notes to Editors •e2v is headquartered in Chelmsford and employs approximately 1,300 staff. •e2v has two product groups: electronic tubes and sensors. These are supplied as components or sub-systems into a diverse range of applications and customers and they typically constitute the enabling technology which is key to the performance of the Group's customers' products. The Group's business originally derived from technology developed during the Second World War for use in radar systems. •e2v operates two production facilities in the United Kingdom, in Chelmsford and Lincoln, and distributes its products to customers directly from the United Kingdom either through its own sales subsidiaries in North America, France and Germany or through a network of independent distributors. In the year ended 31 March 2004, 69% of the Group's products were exported from the United Kingdom to over 50 countries worldwide. •e2v technologies plc was admitted to the Official List of the UK Listing Authority on 23 July 2004. This information is provided by RNS The company news service from the London Stock Exchange