TIDMDTE

RNS Number : 4056T

Datong PLC

13 December 2012

 
 Press Release   13 December 2012

DATONG PLC

("DATONG" or "the Company")

Export licence update

DATONG PLC (DTE.L), a leading provider of covert intelligence gathering solutions, today provides the following update. On 28 September 2012, the Group announced that the 2012 financial results had been adversely impacted by delays in obtaining the relevant export licences for a contract within the ROW territory worth GBP0.8 million of revenue.

Those licences have now been received from the appropriate authorities and DATONG now expects to complete that order during the first half of the current financial year.

- Ends -

Enquiries:

 
 DATONG PLC                           Tel: +44 (0) 113 239 
                                                      5350 
 Mark Cook, Chief Executive Officer 
  Stephen Ayres, Finance Director

Nominated adviser and broker

 
 Canaccord Genuity               Tel: +44 (0) 207 523 
                                                 8000 
 Simon Bridges / Mark Whitmore

Media enquiries

 
 Abchurch Communications            Tel: +44 (0) 207 398 
                                                    7710 
 Joanne Shears / Quincy Allan 
  quincy.allan@abchurch-group.com

Notes to Editors

DATONG PLC provides a range of advanced high performance covert intelligence gathering solutions, supplying defence, homeland security and law enforcement agencies around the world. Intelligence strength continues to play an increasingly central role within governmental agencies and police forces, supporting the fight against terrorism and organised crime.

DATONG is headquartered in Leeds, United Kingdom and employs 85 staff. The Group has a wholly owned subsidiary in the United States, DATONG Electronics Inc., with a sales and service office in Chantilly, Virginia. DATONG's proprietary products (as well as Third Party products) are sold internationally into more than 37 countries using both the Group's direct sales force and a network of independent overseas distributors.

DATONG (DTE.L) listed on the AIM market in London in October 2005 and is included in the FTSE Electronic Equipment sector. Group revenue for the 12 months to 30 September 2012 was GBP9.69 million (2011: GBP11.75 million).

Further information on DATONG PLC can be found at www.datong.co.uk

This information is provided by RNS

The company news service from the London Stock Exchange

END

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