EUROTECH S.p.A : Parvus receives $3.2M follow-on order for L-3 ROVER Chassis / Power Supplies

Mon Nov 9, 2009 4:33am EST
 
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  AMARO, ITALY, Nov 09 (MARKET WIRE) -- 
Eurotech subsidiary Parvus Corporation announces a follow-on contract
with L-3 Communications (NYSE: LLL) for approximately $3.2M to supply
additional rugged electronics subsystems for the L-3 ROVER data link
system. Deliveries are expected during Q1 2010. The ROVER (Remote
Operations Video Enhanced Receiver) is widely used by US and NATO forces
to view real-time video from unmanned and manned aircraft for battlefield
situational awareness.

    Since 2005, Parvus has supplied L-3 with the rugged chassis and power
supply for the ROVER system. As announced earlier this year, L-3
recognizes Parvus as one of their preferred suppliers for its
professional customer support and product performance

    About Eurotech

    Eurotech (ETH.MI) is a global company based in Italy and with locations in
Europe, North America and Asia. The Eurotech group develops and markets
miniaturised computers for special uses (NanoPCs) and computers featuring
major computing capacity (HPCs - High-Performance Computers). With these
two product categories, Eurotech aims to become a leader in implementation
of the pervasive computing infrastructure commonly known as Cloud or Grid,
capable of enabling an entire range of activities and value-added services
in the transport, defence, industrial, medical and scientific-research
sectors.

    Parvus Corporation is a leading supplier of rugged COTS computing and IP
networking subsystems for Size, Weight, and Power (SWaP) constrained
military, aerospace, and homeland defense applications. Parvus' tactical
mission processors, network routers and Ethernet switch products provide
highly reliable command, control, computing and communication (C4)
capabilities for situational awareness and mobile data processing in
airborne, ground vehicle and naval installations.

    For more information, visit www.parvus.com.

    Company contacts:

    Investor relations

    Andrea Barbaro

    Tel. +39 0433 485411

    e-mail: andrea.barbaro@eurotech.com

    Corporate Press Office

    Cristiana della Zonca

    Tel. +39 0433 485411

    e-mail: cristiana.dellazonca@eurotech.com

    International Press Office

    Giovanni Sanfelice di Monteforte

    Barabino & Partners UK Plc.

    53, Davies Street - London W1 K5JH

    Tel.: +44 (0)20 71526425

    e-mail: G.Sanfelice@barabino.co.uk

    This information is provided by HUGIN

    



Copyright 2009, Market Wire, All rights reserved.

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