1 July 2009
New Contract
Brady plc ("Brady" or "the Company") is pleased to announce that a leading
global investment bank and member of London Precious Metals Clearing Limited
has signed a contract to use Brady's technology for precious metals inventory
management and connection to the clearing system.
This contract demonstrates Brady's ability to cross sell further applications
to its existing client base. The revenue from the contract is anticipated to be
recognised in the second half of this year and beyond.
For further information, please contact:
Brady
Gavin Lavelle, Chief Executive Officer Tel: 01223 479479
Tony Ratcliffe, Finance Director
Cenkos Securities
Ivonne Cantu / Alex Aylen Tel: 020 7397 8900