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September 2007

ST Electronics Awarded $7.8m Contract From Singapore Police Force
For Forward Command Vehicles

Singapore, 6 September 2007 — Singapore Technologies Electronics Limited (ST Electronics), has been awarded a $7.8m contract by the Singapore Police Force (SPF) to provide customised Forward Command Vehicles (FCV) with state-of-the-art communication and electronics systems. The contract was awarded to ST Electronics wholly-owned subsidiary, ST­ Electronics (Info-Comm Systems) Pte Ltd.

This contract award is not expected to have any material impact on the consolidated net tangible assets per share and earnings per share of ST Engineering for the current financial year.

The contract, which commenced in July 2007, will have ST Electronics deliver the FCVs over a period of 20 months. ST Electronics won this contract against competition from international and local players. It will design, build, integrate, test, commission, maintain and support the FCVs that will be customised with comprehensive communication and electronics systems. The customised systems will provide the SPF with capabilities to enhance coordination of emergency response to critical situations.

To meet the SPF’s stringent operational requirements, the FCV is designed to provide quick deployment, mobility, maintainability, reliability and expansion flexibility. Its superior ability to monitor and control incidents or complex operations makes it a suitable solution for mission planning and incident management.

This contract has reinforced our position as a leading solutions provider for Forward Command Vehicles equipped with comprehensive C4I (Command, Control, Communications, Computer and Intelligence) capability. We will continue to build on our strength in research and development to pioneer innovative solutions that provide real-world benefits for our customers. As a global infocomm solutions provider, we are delighted that SPF has chosen ST Electronics despite competition from international and local players. This will enhance our strong foothold in the market and earn us worldwide recognition for our homeland security products and services.

LAU Thiam Beng,
President, ST Electronics (Info-Comm Systems)

ST Electronics’ expertise in customising Forward Command Vehicles with comprehensive communication and electronics systems is evidenced by its supplying these systems to the local as well as overseas homeland security agencies.  Some of these agencies include the Singapore Civil Defence Force and the Taiwan National Fire Agency (NFA).  In 2006, the FCV was deployed to speed up rescue work during the typhoon incidents in Taiwan and it greatly enhanced communications between public safety agencies, thus improving NFA’s operational effectiveness in managing the large-scale disaster.

ST Electronics (Info-Comm Systems) is a wholly-owned subsidiary of Singapore Technologies Electronics Limited. It is a leading solutions house in the Asia Pacific region for infocommunications, advanced electronics and intelligent transportation businesses. From design and development to production, system integration, maintenance and enhancement, it has become a one-stop solutions house and a strong partner for its commercial, government, defence and homeland security customers worldwide. Its core business areas include emergency response and integrated security & surveillance systems, e-Government infocommunication and enterprise solutions, intelligent traffic and advanced fleet management systems, infocomm security products and solutions, and managed operations services. Please visit www.stee.stengg.com.

ST Electronics, the electronics arm of ST Engineering, delivers innovative system solutions to government, commercial, defence, and industrial customers worldwide. It specialises in the design, development and integration of advanced electronics and communications systems, such as broadband radio frequency and satellite communication, e-Government solutions, information communications technologies and IT, rail and traffic management, real-time command & control, training and simulation, intelligent building management, and information security and mobile commerce solutions. Please visit www.stee.stengg.com.

ST Engineering is an integrated engineering group providing solutions and services in the aerospace, electronics, land systems and marine sectors.  Headquartered in Singapore, the Group reported revenues of $4.49b in FY2006.  With a market capitalisation of over $10b, it ranks among the largest companies listed on the Singapore Exchange.  ST Engineering has more than 18,000 employees worldwide, and over 100 subsidiaries and associated companies in 20 countries and 35 cities. Please visit www.stengg.com.

Media contact:

Magdalen Loh
AVP / Head, Corporate Communications
Singapore Technologies Electronics Limited
Tel: (65) 6413 1788 / 9822 3321
Fax: (65) 6484 8840
Email: magloh@stee.stengg.com

 
 
     
   
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