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Changi Airport to Deploy Breakthrough iFerret™ Runway Surveillance System
Singapore, 19 February, 2008 – Mainboard-listed Stratech Systems Limited (‘Stratech”) announces today that its iFerretTM runway surveillance system has been awarded its first contract by the Civil Aviation Authority of Singapore (“CAAS”).
CAAS will deploy iFerret™ along Runways 1 and 2 at Singapore’s Changi Airport. This deal, valued at over S$12 million, marks the first commercial application of the award-winning solution, which detects, identifies, tracks and displays foreign objects in real-time.
As part of this contract, Stratech will customise the system to Changi Airport’s requirements, which includes system maintenance and upgrades.
The contract is expected to have a positive impact on Stratech’s financials from calendar year 2008.
About Stratech Systems Limited (“Stratech”)
Stratech Systems Limited (“Stratech”) was listed on the Main Board 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.
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™ (a world’s first system to utilise intelligent Vision to detect and classify foreign object, 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.
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.
For more information, please visit www.stratechsystems.com