LSE:UTN: Order from the Kingdom of Saudi Arabia


25 Jul 2013 07:00:18

Ultima Networks PLC

RNS Number : 0983K
Ultima Networks PLC
25 July 2013

For immediate release                                                                                       July 2013

Ultima Networks plc

("Ultima" or the "Company")

Order received from the Kingdom of Saudi Arabia for the supply of Containerised Hybrid Solar Power Solution


The Board of Ultima are pleased to announce that the Green Technology Division has received its first order for the supply of a Containerised Hybrid Solar Power Solution to The Kingdom of Saudi Arabia. The Hybrid Solar Power solution has been specially designed to deal with the Saudi Arabian desert conditions and tough environment. The order is a pilot project with installation taking place early September 2013. Should the solution meet the customer requirements, the division expects to receive further follow up business.

Humayun Mughal CEO of Ultima, said:

"We are very pleased to receive the first order for our specially designed Hybrid Solar Power Solution and look forward to the successful completion of the pilot project. The order creates an opportunity for the division to develop its business opportunities in this economically buoyant region." 


Ultima Networks plc                                                                               01279 821200

Prof. Humayun Mughal


Zeus Capital Limited (Nominated Adviser and Broker)

         0161 831 1512

Tim Metcalfe

Nick Cowles



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