- Current FFT technology end user upgrading and extending security sites
- Agreement to supply latest generation FFT products over five years
Future Fibre Technologies Limited (ASX: FFT), a global leader in fibre optic intrusion detection systems, today announced that Singapore based CA Integration has awarded FFT a five year agreement to supply FFT’s fence based intrusion detection products for a major base replacement and upgrade program.
Commenting on the agreement, CA Integration Managing Director Jimmy Chua said, “FFT’s continued focus on superior system performance and customer satisfaction is second to none in the industry. Having witnessed FFT’s proven track record in supplying systems that operate in some of the harshest outdoor environments around the globe, along with their current performance with the same customer across multiple existing sites, resulted in CA Integration exclusively bidding FFT’s solution to the end client.”
FFT CEO Rob Broomfield added, “FFT is proud that another one of its end users has chosen to expand their use of FFT’s leading perimeter intrusion detection products, further cementing our land and expand strategy. During the last financial year, more than 50% of FFT’s revenue was derived from existing end users of FFT products extending their coverage to new sites. increasing their coverage at new sites. FFT is not only focused on growing our global footprint by securing new customers, but is also winning additional business from its existing customer base, who are enhancing their security at additional sites or upgrading previous generation FFT systems deployed over the past 10 years.”
Based on the proposed upgrade schedule, FFT expects the abovementioned agreement to deliver revenue of more than A$500K during the current and next financial years – with additional revenue generated over the remaining period of the contract.
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About CA Integration
CA Integration is a privately held Singapore based Military & Government focussed system integration business.
FFT is a leading developer and manufacturer of fibre optic perimeter intrusion detection security systems. Deployed by some of the most security conscious industrial, military and government organisations in the world, FFT’s advanced security systems:
- detect and locate perimeter intrusions;
- identify third-party interference on oil and gas pipelines; and
- protect sensitive data network communications cables.
With hundreds of installations, and more than 1,000 systems deployed in more than 57 countries, FFT has established a solid reputation for delivering highly intelligent, reliable, and award winning intrusion detection solutions. www.fftsecurity.com