Sales agreement (5615U)

TIDMNTX

RNS Number : 5615U

NXT PLC

18 October 2010

NXT plc

RNS - 18th October 2010

NXT closes first sales agreement for BMR and Audium USB speaker component platform

Today NXT plc, developer of products utilising its bending wave technology, has signed a contract with US-based Trilinq Corporation to supply its Audium audio amplifier chip together with BMR speakers for high audio output hi-fi USB speakers. Trilinq will manufacture the compact full audio range stereo speakers in substantial volume for a number of brands worldwide. Coming only 6 months after NXT's acquisition of the Audium IP this agreement delivers commercial results and demonstrates the impact of the company's new direction.

For further information, please contact:

 
NXT PLC                           +44 (0) 1223 
                                       597 840 
-----------------------------  --------------- 
James Lewis, Chief Executive 
 Officer 
-----------------------------  --------------- 
Kate Barnes, Finance Director 
-----------------------------  --------------- 
 
Singer Capital Markets         +44 (0) 20 3205 
                                          7500 
-----------------------------  --------------- 
Shaun Dobson 
-----------------------------  --------------- 
Claes Spang 
-----------------------------  --------------- 
 
Allerton Communications        +44 (0) 20 3137 
                                          2500 
-----------------------------  --------------- 
Peter Curtain 
-----------------------------  ---------------

This information is provided by RNS

The company news service from the London Stock Exchange

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