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SCOTTY expects to receive over #2 million (SCO)     

katcenka - 29 Nov 2005 15:59

People got in to early on this one, but now is the time to buy and at a cheap price too 1.75p, read the RNS

* Eurocopter flight trials successfully completed
* Additional German & US military purchases
* Additional working capital secured

SCOTTY Group plc, announces today that Eurocopter Deutschland ("Eurocopter"),
part of the European Aeronautic Defence and Space Company ("EADS"), has
confirmed that the official flight trials of its military helicopters which
contain SCOTTY's CH 53 SATCOM Mission equipment have passed successfully.

During the trials, the equipment was demonstrated to officials from the German
Army. SCOTTY has received positive feedback from the Ministry officials that
attended and can confirm that the project now enters a new phase in which every
effort is being made to speed up the procurement process necessary to finalise
the project and implement delivery.

In order to fund the additional working capital and costs incurred during the 6
week delay to the flight trials for the CH 53 programme, SCOTTY has secured a
convertible loan of #400,000 through a new facility provided by Headstart, with
the possibility for another #400,000 above that. SCOTTY's directors believe that
this facility could be repaid within the 60-day term of the loan if the delivery
programme with Eurocopter proceeds as they anticipate.

In addition to the Eurocopter project, SCOTTY expects to receive over #2 million
before the calendar year-end from the implementation and delivery of a number of
orders previously announced.

These also include the delivery of Euro720,000 worth of equipment including SCOTTY
Mobile Systems, SATCOM equipment and Telemedicine units to the German army in
this quarter. In addition, SCOTTY confirms that the US Army has deployed three
disaster co-ordination teams equipped with SCOTTY's video teleconferencing
equipment to the Gulf Coast states, which were affected by Hurricane Katrina.

Chief of Staff for the First U.S. Army, Col. James Hickey said: "Satellite
communications are often critical in a hurricane's aftermath. One of the things
we learned last year with the series of hurricanes that passed through Florida
was the need for satellite communications,"

"This storm will likely take out some key communications nodes, and cell phones
and landlines may not work for some time," he added.

katcenka - 07 Feb 2006 22:24 - 19 of 120

great news today... cant wait for the copters deal to be announced

Andy - 08 Feb 2006 08:11 - 20 of 120

katcenka,

That's 'IF' they are announced surely?


Andy - 08 Feb 2006 08:11 - 21 of 120

katcenka,

That's 'IF' they are announced surely?


Shedlike,

I agree, the Telehealth looks a decent prospect to me, and one that could actually financially benefit the people and healty sevices that take it up, whereas the military contracts seem to be taking forever.

Good luck, I hope they eventually announce those chopper orders.

Andy - 08 Feb 2006 08:11 - 22 of 120



Shedlike,

I agree, the Telehealth looks a decent prospect to me, and one that could actually financially benefit the people and healty sevices that take it up, whereas the military contracts seem to be taking forever.

Good luck, I hope they eventually announce those chopper orders.

katcenka - 24 Feb 2006 21:17 - 23 of 120

ah.....ha..... rumour mill, scotty has got the 48mil contract next week we are going to fly and fly high, will be number 1 riser on monday, then will move all this to MRP for the next bagging

AndrewThomson77 - 26 Feb 2006 11:34 - 24 of 120

I presume this value is a typo in the Independent?:

Small-cap traders were watching tiny Scotty Group, up 0.37p to 1.77p, as rumours that the company is about to sign a significant helicopter contract did the rounds. The company has a market capitalisation of 11m, and the contract is thought to be worth 48bn (32.5bn). Traders said the company's small market capitalisation is the result of a hangover from the dot.com bubble, when the company was known as Motion Media.

Andy - 26 Feb 2006 12:59 - 25 of 120

AT,

Looks about right to me, what value are you querying?

AndrewThomson77 - 26 Feb 2006 16:15 - 26 of 120

billion rather than million

Andy - 26 Feb 2006 16:43 - 27 of 120

AT,

Ok, if only, LOL!

The deal is in Euros, and over 4 years, if it is confrmed of course.

katcenka - 26 Feb 2006 18:26 - 28 of 120

anyone noticed SCO website is down today ;-)

us there news tomorrow... could be a swift lift back to 13p

robertalexander - 27 Feb 2006 08:37 - 29 of 120

i'm in, lets see where they go.[north hopefully]

danny52 - 27 Feb 2006 09:38 - 30 of 120

seems like a lot of people jumping ship

robertalexander - 27 Feb 2006 09:43 - 31 of 120

doh!

potatohead - 27 Feb 2006 13:07 - 32 of 120

GET IN NOW!!!! GET IN NOW!!!

TheMaster - 27 Feb 2006 13:34 - 33 of 120

Been in these since last year, heard the rumors at the weekend, but would you like to explain your above comment spudhead.

potatohead - 27 Feb 2006 13:38 - 34 of 120

Small-cap traders were watching tiny Scotty Group, up 0.37p to 1.77p, as rumours that the company is about to sign a significant helicopter contract did the rounds. The company has a market capitalisation of 11m, and the contract is thought to be worth 48bn (32.5bn). Traders said the company's small market capitalisation is the result of a hangover from the dot.com bubble, when the company was known as Motion Media.

potatohead - 28 Feb 2006 13:45 - 35 of 120

Lithuanian Border Guard orders Eurocopter EC 135 and EC 145
Monday, February 27, 2006 - Eurocopter

The Lithuanian Border Guard has placed an order for two EC 135 and one EC 145 light-twin engine helicopters to complement its fleet of two single-engine EC 120s which have been in service since 2003. The contract is worth 18 million. Lithuania thereby joins the large number of law enforcement and homeland security agencies in Europe already operating these helicopter types, and becomes fully compliant with European Commission and Schengen Agreement standards. The three new helicopters will be delivered by the end of 2006.

Lithuania has a border of about 650 kilometers with Belarus and a border of almost 300 kilometers with Russia. The Eurocopter helicopters are suitable for border patrol operations as well as police service and will be used according to the demands of the structural subdivisions under the Ministry of the Interior. The EC 135s will be deployed at the countrys eastern frontier with Belarus and used for overland patrol. The EC 145 will be deployed at the Baltic Sea and used for the Coast Guard as well as for the guard of the frontier of the Kaliningrad district (Russia). It will be operated according to the Kaliningrad District Transit Program.

The EC 135 and the EC 145 are the reference helicopters for law enforcement and homeland security agencies in Europe. Prestigeous customers already include the German Federal Police, the French SecuritCivile and Gendarmerie, the Spanish Guardia Civil, Irish Garda and Irish Air Corps, London Metropolitan Police Authority and other UK police forces, as well as police helicopter squadrons in Sweden, Norway, Germany, the Czech Republic, Romania and the United States.

Eurocopter has adapted its line of light twin-engine helicopters very specifically to meet the demands of law enforcement and homeland security agencies. While the EC 135 has established itself as the standard police helicopter all over Europe, the larger EC 145 is a perfect complement with its ability to rapidly deliver a number of officers or heavy equipment to the scene of an incident. This ability is particularly relevant in the new climate of extra vigilance against terrorism.

Eurocopters new generation of light twins is notable for their spacious and unobstructed cabins which are easily accessible through large side sliding doors and rear clamshell doors and can be easily reconfigured. A broad variety of mission equipment packages is certified and available, such as for surveillance, search and rescue, emergency medical services, quick reaction missions, firefighting, training or passenger transportation.

The helicopters have night-vision goggle compatible, digital cockpits, and can be fitted with FLIR (Forward Looking Infrared), search light, rescue hoist and cargo hook, as the customer specifies. Besides, both the EC 135 and the EC 145 have the lowest noise emission is their respective classes, a fact well appreciated by operators who regularly fly over urban and built-up areas, or undertake surveillance and night missions and wish to remain undetected

Eurocopter is a wholly-owned subsidiary of EADS. EADS is a global leader in aerospace, defence and related services. In 2004, EADS generated revenues of 31.8 billion and employed a workforce of about 110,000. The EADS Group includes the aircraft manufacturer Airbus, the world's largest helicopter supplier Eurocopter and the joint venture MBDA, the international leader in missile systems. EADS is the major partner in the Eurofighter consortium, is the prime contractor for the Ariane launcher, develops the A400M military transport aircraft and is the largest industrial partner for the European satellite navigation system Galileo.




robertalexander - 28 Feb 2006 20:32 - 36 of 120

spud,
any thoughts on why sp down after news of this order.[re yr last]

AT77,

is this the contract you were hearing rumours about [and if so do you think sp went south as contract not as big as rumoured?][re yr 24/35 post]

Big Ted - 28 Feb 2006 20:58 - 37 of 120

Haven't seen that news elsewhere, but if that contract is for 18m euros, (12.5m) then how much is it worth to scotty to supply satelitte coms for them...? should we be expecting an RNS...?

Andy - 28 Feb 2006 22:34 - 38 of 120

Big ted,

An RNS has been expected for some considerable time!

And desite the deliberately misleading posts above, the POSSIBLE contract is for 48 MILLION Euros, Not 48 billion that is being misquoted above.
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