Eruma plc (‘Eruma’ or ‘the Company’) Contract Wins Totalling circa. £85,000

Latest News Tue, Mar 22, 2016 4:55 PM

Eruma plc, the AIM traded specialist provider of counter terrorism, intruder prevention products and intelligent lighting, is pleased to announce that it has won a number of contracts through its wholly owned subsidiary, Security Blinds Ltd („Security Blinds‟), totalling £85,000. Security Blinds has two key products, the Secur™ range of security blinds and the Anti Ram Raid Gate, offering high quality intruder and counter terrorism protection solutions to clients operating in both the public and commercial sectors.

Eruma has been awarded a contract to install Secur™ security blinds at a high protection facility for a new blue-chip financial services client in northern Europe. The contract is worth £47,400 and provides the Company with its first contract of this kind in northern Europe outside of the UK. This win follows a concerted campaign in the European security sector to demonstrate the quality of Eruma‟s products in counteracting threats from terrorism and intruders. It is the first of its kind in the region further to a referral based on the Company‟s reputation in the financial services sector.

Additionally, Eruma has been selected by a client operating in the construction industry to install its Anti Ram Raid gate at nine separate industrial units containing highly valuable goods across the UK. The total contract value for this single client throughout 2010 so far has been £35,500 and with over 300 units throughout the UK, this has the potential to be extended. Furthermore, there are a vast number of companies in the UK which use industrial unit facilities, some of which store assets which can be difficult to insure, thus creating a significant market for the Anti Ram Raid Gate. The Anti Ram Raid Gate, which can be rapidly deployed, provides customers with a reduced risk of thefts as well as reducing damage inflicted on the storage unit itself.

Eruma Chief Executive Wayne Money said, “Our technology is proven to provide critical facility protection and is suitable for corporations operating across a range of sectors. With this is mind, we have seen an escalation in sales both through new business wins and repeat orders for Security Blinds‟ products. Importantly, our products are simple to deploy, making our offering more attractive for customers looking to increase security across a number of locations in a short amount of time which, combined with our focus on developing client relationships, has led to multiple client contracts.”

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