Grintek - Press Release
Grintek Limited
GRINTEK EXTENDS ITS REACH IN THE GLOBAL MARKET
Grintek is reaping the benefits of a cooperation agreement signed earlier
this year with Germany`s leading high technology company, EADS Ewation.
The Pretoria based company, Grintek Ewation, has announced an export order
worth more than R110 million for a specialised electronic intelligence
system.
Marketing director Tinus van Wyk says that this breakthrough order for a
European client is a direct result of the successful joint venture, and he
expects further success for Grintek Ewation in South East Asia for a number
of similar systems.
"The co-operation agreement exploited synergies in technical and marketing
expertise within the two companies and opened the doors to international
markets previously inaccessible to us. Our information intelligence system
solutions are seen internationally as key elements in the preservation of
security.
"Despite intense competition in this high technology field, we have
succeeded in achieving major export success, to the extent that currently
the bulk of our business is based offshore, " he says.
Grintek Ewation markets and develops products under the trademark MRCM. Its
products represent the full range of state-of-the-art SIGINT technologies
including power amplifiers in the HF and V/UHF ranges, as well as wideband
monitoring, direction finding and signal classification equipment based on
extremely fast data processing capabilities.
For further information contact:
Carel van der Merwe - Managing Director, Grintek Ewation
Tel (012) 421 6200
Fax (012) 349 1308
Email: gst@grintek.com
ABOUT GRINTEK LIMITED
Grintek Limited is a technology group listed on the JSE Securities Exchange,
which addresses selected niche markets within telecommunications, industrial
and defence electronics. Grintek employs some 1300 people, a large
percentage of whom are engineers and technicians.
Date: 21/05/2002 12:30:00 PM Produced by the SENS Department
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