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Article: SOFTWARE RADIO TECHNOLOGY PLC - TETRA Exclusivity Agreement.
- Article from:
- PR Newswire UK Disclose
- Article date:
- March 29, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SOFTWARE RADIO TECHNOLOGY PLC
TETRA EXCLUSIVITY AGREEMENT FOR SOUTH KOREA
The Directors of Software Radio Technology plc ("SRT" or the "Company") are
pleased to announce that SRT has signed an exclusivity agreement with its
existing customers, Unimo Technology Co. Ltd ("Unimo") and Mercury Corporation
("Mercury"), for the supply for SRT's TETRA handset technology to South Korea.
SRT signed a licence agreement with Unimo and Mercury for the development of a
TETRA handset in July 2005. Under the exclusivity agreement, Unimo and Mercury
will pay SRT an additional fixed fee, payable over the next 18 months, plus an
exclusivity ...