Largest Central Bank Consumables Order

Spectra Systems Corporation, a leader in machine-readable high speed banknote authentication, brand protection technologies and gaming security software, is pleased to announce that one of its long-time central bank customers for banknote security materials has placed a new order for the year ending 30 September 2024 as part of the five-year contract, which was entered into in 2019.

This consumables order is the largest in the Company's history and approximately 60 per cent. larger by value than the order for the year ended 30 September 2023.

• Nabil Lawandy, Chief Executive Officer, stated: "I am very pleased that we have received such a large order incorporating the 22 per cent. price increase which was agreed last year when we solved our customer's supply chain concerns. This order makes a meaningful contribution to achieving our expected profitability this and next year."

Nabil Lawandy, Chief Executive of the Company.