DAEDALUS ANNOUNCES NEW CONTRACT AWARDS
DAEDALUS ANNOUNCES NEW CONTRACT AWARDS ANN ARBOR, Mich., Nov. 6 /PRNewswire/ -- Daedalus Enterprises, Inc.
(NASDAQ: DDEI) has announced the award of contracts for delivery of airborne remote sensing systems and related ground equipment to three international customers.
Total value of the three contracts is approximately $3.9 million and all deliveries will be made within the next 12 months. These new contracts have raised the company's backlog of orders to a record level. The company also expects the award of a significant system development contract from another international customer within the next several months. Daedalus Enterprises, Inc. is a leading developer and manufacturer of remote sensing instruments used for environmental measurements and monitoring. The company's stock is traded in the over-the-counter market. -0- 11/6/91 /CONTACT: Vincent J. Killewald or Thomas R. Ory of Daedalus, 313-769-5649/ CO: Daedalus Enterprises, Inc. ST: Michigan IN: SU: CON ML -- DE020 -- 1803 11/06/91 14:31 EST
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|Date:||Nov 6, 1991|
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