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

  //house-home.news-articles.net/content/2009/11/0 .. -order-for-l-3-rover-chassis-power-supplies.html
  Published in House and Home on Monday, November 9th 2009 at 2:06 GMT by Market Wire
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AMARO, ITALY--(Marketwire - November 9, 2009) - 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