£1.2 million contract award

PipeHawk is pleased to announce that QM Systems Limited ("QM"), a subsidiary of PipeHawk plc, has been awarded a contract with a major aluminium casting provider (the "Customer") to deliver a range of assembly and leak testing systems that will be utilised to assemble and test aluminium diecast components. The project will generate revenues of approximately £1.2 million and will take approximately 9 months to deliver.

Gordon Watt, Chairman of PipeHawk commented: "This contract award represents a brand-new client for QM, however a subsidiary of the Customer has been a long-standing partner for QM for many years. Over these years QM have delivered a significant number of similar systems to the Customer's subsidiary and continues to do so. We are excited to welcome this new Customer to QM's continually expanding partner base."