Spectra Systems Corporation Central Bank testing Spectra's Aeris technology (2076K)
23 Junho 2014 - 3:00AM
UK Regulatory
TIDMSPSY TIDMSPSC
RNS Number : 2076K
Spectra Systems Corporation
23 June 2014
June 23, 2014
Spectra Systems Corporation
("Spectra Systems")
Spectra hosts officials from the Central Bank of Indonesia for a
preliminary round of testing of its Soiled Banknote Cleaning
Technology.
The Board is delighted to announce that representatives of
Central Bank of Indonesia will be at Spectra Systems on July 27(th)
and 28(th) to perform tests in conjunction with our staff to
evaluate the performance of the company's Aeris(TM) technology
which uses supercritical CO(2) to clean soiled banknotes.
This initial in-house collaborative testing will be invaluable
to the Company for determining the potential of this technology for
producing significant savings for the central Bank of Indonesia.
Spectra Systems is in the process of similar tests with other major
central banks including the Banco de Mexico and two G8 central
banks.
Nabil Lawandy, Spectra System's CEO, stated:
"We are honoured that members of the Central Bank of Indonesia
are visiting the Company to witness firsthand the cleaning of
banknotes being provided by the bank, at our facility. Indonesia,
with over 250 million people and 3.5% of the world's population,
provides us with a unique potential opportunity to employ our
technology on a large scale."
Enquiries:
Spectra Systems Corporation
Dr. Nabil Lawandy, Chief Executive Officer Tel: +1 (0) 401 274 4700
WH Ireland Limited
Chris Fielding (Head of Corporate Finance) Tel: +44 (0) 20 7220 1650
This information is provided by RNS
The company news service from the London Stock Exchange
END
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