FFT Announces further perimeter security wins in the Oil & Gas Sector totalling A$725k

Future Fibre Technologies Limited (ASX: FFT), a global leader in fibre optic intrusion detection systems, today announced two further wins in the Oil and Gas sector in the North American and Middle East markets. Orders valued at A$725k are for immediate delivery.

Commenting on the announcement, FFT Group Chief Executive Chris Fergus said, “These additional wins further strengthen FFT’s position as a market leader in the Oil & Gas sector, leveraging our range of optical fibre perimeter security products and our deep sector knowledge. We are pleased to be trusted by the major international oil companies and these wins reflect on FFT’s ability to service clients on a global basis.

 With growing global investment in this sector, we continue to actively pursue additional Oil & Gas opportunities, utilising our extensive experience and growing portfolio of case studies.”

About FFT Group

FFT Group is a market leader of risk management services and technologies, trusted by some of the most security conscious commercial, industrial, military and government clients in the world.

The Group features a range of complementary solutions including intrusion detection for perimeters, pipelines and data networks, biometric and card access control, a range of high security locks as well as the secure international logistics and storage of high value assets. Through decades of innovation, the FFT Group continues to build upon a comprehensive portfolio of premium services and technologies for the most complex and demanding markets.

Our business truly serves a global market, with our knowledgeable team spread across six continents, providing market and industry expertise directly to customers. With more than 5,000 sites protected, the FFT Group is proven to deliver first class services and technologies that surpass the expectations of our partners and end users.

For further information contact: Katie Paynter +61 417 057 243