SPSC Spectra Systems Corporation

TIDMSPSY TIDMSPSC

RNS Number : 7116L

Spectra Systems Corporation

04 August 2011

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, TO US PERSONS (AS DEFINED BELOW) OR IN OR INTO THE UNITED STATES (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA), CANADA, AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.

This press release is not an admission document. This press release does not constitute or form a part of, and should not be construed as, any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities in Spectra Systems Corporation nor shall it, or any part of it, or the fact of its distribution, form the basis of, or be relied on in connection with, any contract or investment decision in relation thereto. This press release does not constitute a recommendation regarding any securities.

This press release may not be published, distributed or transmitted, directly or indirectly, in or into the United States (including its territories and possessions, any State of the United States and the District of Columbia). This press release does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States.

 
     Press Release   4 August 2011 
 

Spectra Systems Corporation

("Spectra Systems" or the "Company")

Shareholder Notifications

Spectra Systems, a leading provider of advanced technology solutions for banknote and product authentication, announces, further to its announcement on 25 July 2011, that it is today sending to those parties who were Spectra Systems shareholders prior to the admission on AIM of the Company's common stock a letter informing such shareholders of the placing of 18,592,320 shares of the Company's common stock, the conversion of all of the Company's issued and outstanding preferred stock into common stock and the admission of all of its common stock to trading on AIM, each of which were completed by 25 July 2011.

A copy of the letter is now available on the Company's website at www.spsy.com.

- Ends -

For further information please contact:

 
     Spectra Systems Corporation 
     Dr. Nabil Lawandy, Chief Executive Officer       Tel: +44 (0) 20 7398 
                                                                      7709 
                                                              www.spsy.com 
 
 
     WH Ireland Limited 
     Chris Fielding (Head of Corporate Finance)        Tel: +44 (0) 20 7220 
                                                                       1650 
     Katy Mitchell (Director, Corporate Finance)        Tel: +44 (0)161 819 
                                                                       8875 
                                                       www.wh-ireland.co.uk 
 

Media enquiries:

 
     Abchurch Communications Limited 
     Henry Harrison-Topham / Oliver Hibberd         Tel: +44 (0) 20 7398 
                                                                    7714 
     oliver.hibberd@abchurch-group.com            www.abchurch-group.com 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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