stratech systems limited MEDIA RELEASE For immediate release Stratech’s iFerret™ Clinches Landmark Deployment in Military Airfield Singapore, 30 September 2013 – Singapore Exchange Mainboard listed Stratech Systems Limited ("Stratech") is pleased to announce that its iFerret™ intelligent Airfield/Runway Surveillance and Foreign Object & Debris (FOD) Detection System has been selected for deployment by one of the world’s top Air Forces. This marks the first time that iFerret™ will be installed in an airbase. Approved by the US FAA (Federal Aviation Administration), iFerret™ is the world’s first intelligent Vision-based FOD detection system, providing real-time, automated FOD detection, location, classification and recording. It can be deployed in civil airports as well as military airbases, to help prevent potential aircraft damage and fatalities caused by FOD. In this deployment, iFerret™ will also offer additional features which will be useful for the airbase operators. Stratech Executive Chairman, Dr. David K.M. Chew, commented, “Airfield safety and security in an Air Force context is arguably even more critical than in civil aviation. Military aircraft typically cost millions of dollars to build and due to the way they operate, they are very susceptible to FOD damage. When we also consider the fact that many of these aircraft might be carrying large amounts of explosives during takeoff, the consequences of FOD incidents in a military airfield can be catastrophic.” The RADAS (Rapid Airfield Damage Assessment System) capability is one of the key additional features of this particular application of iFerret™. With this additional feature, iFerret™ will be able to rapidly detect, locate, categorise and measure the severity of damages and hazards on the runways and taxiways. It can even chart the damages resulting from an enemy attack, in the event one takes place, and provide a detailed report of the damages very swiftly, which will be useful in the context of Air Force operations. The iFerret™ hardware installed in this deployment will also be designed to withstand the relatively harsher working conditions in an airbase. Being an intelligent Vision-based system, iFerret operates with passive sensor technology, making it much more suitable for airbase deployment than other systems. iFerret™ does not require assisted illumination or produce emissions, unlike other conventional radar-based systems used for FOD detection. This is important because the system will not interfere with the other sophisticated equipment used in Air Force operations, and it also eliminates the risk of the system exposing the airbase’s location to the enemy. “This is a big win for iFerret™. We have now entered into a previously-untapped market. With this, we have demonstrated that safety and security is important for everyone, whether you are in a civil airport or a military airbase. Helping to ensure this safety and security is what iFerret™ does best, and we are very delighted to receive this endorsement from one of the most advanced and most-watched Air Forces in the world. These are exciting times for iFerret™. Do watch this space!” Dr. Chew added. Subject to accounting treatment and progress of work and, barring unforeseen circumstances, the Company estimates that this project may contribute up to $5 - 6 million to its revenue in the current financial year and if so, would have a material impact on its financial results. None of the
stratech systems limited directors or controlling shareholders of the Company has any interest, direct or indirect, in the abovementioned matter. ###
About Stratech Systems Limited (“Stratech�) Stratech Systems Limited ("Stratech") was listed on the mainboard of the Singapore Exchange in 2000. It is principally engaged in the design, development, integration, implementation, maintenance and project management of information technology and advanced technology systems. The Group delivers large-scale complex, real-time, mission-critical systems in the areas of intelligent Vision, intelligent Transport (Air, Land and Sea) Systems and e-Systems for governments and businesses. Founded in 1989, the Group has established an impressive track record serving industries such as aerospace and defence, financial services, government, healthcare, homeland security and transportation (air, land and sea). The Group develops and implements advanced technological solutions that achieve significant business transformation and competitive advantage for its clients. For more information, please visit www.stratechsystems.com.
Press Contact Stratech Systems Limited Mr Melvin Lin Tel: 6799-6650 Fax: 6323-2177 Email: Melvin_JW_Lin@stratechsystems.com