Stratech Partners Itochu to Penetrate Japan Market
Singapore, 26 January 2010 – Singapore Exchange Mainboard-listed Stratech Systems Limited (“Stratech” or “the Group”) today announced a strategic alliance with Itochu Singapore Pte. Ltd. (“Itochu”) to market Stratech’s iFerret™ intelligent Airfield/Runway Surveillance and Foreign Object and Debris (FOD) Detection System in Japan.
Under the agreement, Itochu will market, sell to and deploy, support iFerret™ at Japan Self Defense Force airbases as well as targeted commercial airports in Japan. Itochu is one of the largest global trading companies in Japan.
Besides operating as a FOD detection system, iFerret™ can be deployed at airbases to meet the military’s surveillance needs. Featuring its unique advanced intelligent Vision technology, iFerret™ is a pioneering system capable of Battle Damage Assessment (BDA) during war time for runway surface condition monitoring and to support rapid runway repair (RRR).
Regular human inspection or running of vehicles in a search pattern for hours along the runway is ineffective and dangerous during war time. iFerret™ utilises electro-optic sensors to automatically detect, locate, classify and record craters/unexploded ordnance in the airbase. The timely and accurate assessment of damage to the airfield/runway resulting from the application of military force is critical as it allows the re-planning of flight landing/take-off and the prioritization of runway repair.
“We are delighted to appoint Itochu as our value-added reseller for Stratech’s state-of-the-art iFerret™ system. Itochu’s strong foothold in Japan offers Stratech tremendous leverage in penetrating the market for Battle Damage Assessment and FOD Detection Systems,” said Dr. David K.M. Chew, Executive Chairman of Stratech.
iFerret™ is currently in operation at Singapore Changi Airport for FOD detection. Concurrently, iFerret™ is being piloted at Chicago O’Hare International Airport, the second busiest airport in the world, to monitor both the runway and taxiway.
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
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, sea and land). The Group develops and implements advanced technology solutions that achieve significant business transformation and competitive advantage for its clients.
In 2006, Stratech won the Research and Development prize for its intelligent Airfield/Runway Surveillance and Foreign Object and Debris (FOD) Detection System at the Asia Pacific ICT Awards. Stratech’s iFerret™ (the world’s first system to utilise intelligent Vision to detect and classify foreign objects, with the ability to pinpoint the location of the foreign objects) was awarded The Enterprise Challenge (TEC) initiative by the Prime Minister’s Office of Singapore in 2006.
For more information, please visit www.stratechsystems.com
Stratech Systems Limited