Ava Risk Group Limited (ASX: AVA) (“Ava Risk Group” or “the Company”) is pleased to advise that it’s latest generation Aura Ai-X intrusion detection technology has been selected for three electricity substations on the East Coast of the United States. The contract, valued at over A$0.7 million, has been awarded by Johnson Controls Inc who are the system integrator for the substation projects and is for the immediate supply of detection equipment to the sites. There are no other conditions attached to the contract.
The contract demonstrates the ongoing demand for Ava Risk Group’s ‘Detect’ solutions from the US power sector as operators look to combat physical attacks on critical infrastructure and mitigate service disruption. It builds on the success the Company has achieved in recent years in providing intrusion detection technology to critical energy infrastructure in North America.
Ava Risk Group CEO, Mal Maginnis commented: “With increasing attacks on substations across the US, implementing security technology to protect infrastructure from vandalism, suspicious activity and physical attack has become a key priority for power authorities. We’re pleased that our intrusion detection technology has again been selected to protect these substations and are confident that our footprint in this market will continue to grow as new sites are added to the power grid.”
Approved for release by the Board of Directors.
For further information, please contact:
Investor Enquiries
Alexandra Abeyratne
Morrow Sodali
aabeyratne@morrowsodali.com
+61 438 380 057
About Ava Risk Group
Ava Risk Group is a global leader in providing technologies and services to protect critical and high value assets and infrastructure. It operates three business segments – Detect, Access and Illuminate. The Detect segment manufactures and markets ‘smart’ fibre optic sensing systems for security and condition monitoring for a range of applications including perimeters, pipelines, conveyors, power cables and data networks. Access is a specialist in the development, manufacture and supply of high security biometric readers, security access control and electronic locking products. Illumination specialises in the development and manufacture of illuminators, ANPR cameras and perimeter detectors. Ava Risk Group products and services are trusted by some of the most security conscious commercial, industrial, military and government clients in the world. www.avariskgroup.com