- Delivers access to WESCO’s extensive North American distribution network
- Third distribution agreement for FFT’s Secure Point Platform following Anixter International and Minipa
- Opportunity to extend agreement to additional FFT security solutions and geographies
Future Fibre Technologies Limited (FFT) (ASX: FFT), a global leader in fibre optic perimeter intrusion detection systems, has finalised an order valued at US$462K (A$560K).
Future Fibre Technologies Limited (FFT) (ASX: FFT), a global leader in fibre optic perimeter intrusion detection systems, has finalised an order valued at US$900K (A$1.176K).
- Revenue of $6.4M – up on immediate prior half (2HFY16: $5.7M)
- EBITDA loss of $3.0M for the half year
- Cash position of $9.8M at 31 December 2016 – no debt, strong balance sheet
- 1HFY17 operating costs in line with growth strategy
- Significant new orders received late 1HFY17/early 2HFY17
- Delivers immediate access to Minipa’s extensive distribution network
- Second distribution agreement for FFT’s Secure Point Platform
Future Fibre Technologies Limited (ASX:FFT) (“FFT” or the “Company”), a global leader in fibre optic perimeter intrusion detection systems, today announced the successful results of its recent Research & Development (R&D) efforts with the commercial release of Aura Ai-2 – a new product platform featuring extended detection range, enhanced intrusion location accuracy, and cut resilient capabilities.
Future Fibre Technologies Limited (ASX:FFT) (“FFT” or the “Company)” provides the following financial guidance in respect to its 2017 financial year ending 30 June 2017, along with an outlook statement.
Future Fibre Technologies Limited (FFT or the Company) wishes to advise that in accordance with ASX Listing Rule 3.16.3, that effective today, Ernst & Young has been appointed as auditor for the Company.