ASV Announcement just released to the ASX... $500k order.Thats...

ASV Announcement just released to the ASX... $500k order.

Thats the largest order I can recall ever seeing... and the good thing is there could be more to come.

Here is the ann:

$500,000 Deal Concluded in the United Kingdom

Argus Solutions is pleased to announce a new order in excess of $500,000 worth of product
received from the government of Wales (Welsh Assembly). The order takes to almost $1million the value of systems sold to date by Argus within the United Kingdom market. Argus has further business under negotiation with the Welsh Assembly with this order being the largest single order received so far.

The sale confirms the merits of the Australian built biometric application and validates the clear business improvements and benefits which the product is able to deliver. This was an important contract for the company to secure insofar as the traditional lengthy sales cycle was significantly shortened. Argus expects this sort of contraction will continue to be the case as its software matures and the delivery of product is increasingly automated and conducted “on-line”.

The sale continues to underscore the strategy of pursuing international markets and specifically to build on the sales beachhead already established in the United Kingdom market where the company now has a range of strong reference sites. It will continue to build on these as it seeks to expand its export business.