Ava Risk Group Limited (ASX: AVA) (“Ava” or “the Company”) is pleased to advise that it has secured a contract with Honeywell Middle East Company Ltd-AD for the supply of its market leading fibre sensing technology to the Abu Dhabi National Oil Company (“ADNOC”).

The contract, valued at A$1.1 million, provides for the deployment of the Company’s Aura Ai-X Distributed Acoustic Sensing technology to monitor and identify risks to critical infrastructure across a major oil and gas field operated by ADNOC. Delivery will occur in the current quarter and there are no conditions precedent.
This contract builds upon a long and trusted relationship with Honeywell in support of ADNOC, which has previously deployed the Company’s technology across multiple sites in the Middle East.

Commenting on the contract award, Ava Group CEO Mal Maginnis said: “We are delighted to continue our long-standing relationship with Honeywell, a major infrastructure partner across the Middle East, Australia, USA and Asia. Partnering with major system integrators is a key growth driver for Ava. This contract further validates our position as the preferred technology provider for critical infrastructure protection in the oil and gas sector and demonstrates trust in our ability to deliver reliable solutions that protect vital national assets.”

ENDS

For further information, please contact:
Investor Enquiries
Alexandra Abeyratne
Sodali & Co
alexandra.abeyratne@sodali.com
+61 438 380 057

About Ava Risk Group
Ava Risk Group is a global leader in providing technologies and services to protect critical and high value assets and infrastructure. It operates three business segments – Detect, Access and Illuminate. The Detect segment manufactures and markets ‘smart’ fibre optic sensing systems for security and condition monitoring for a range of applications including perimeters, pipelines, conveyors, power cables and data networks. Access is a specialist in the development, manufacture and supply of high security biometric readers, security access control and electronic locking products. Illumination specialises in the development and manufacture of illuminators, ANPR cameras and perimeter detectors. Ava Risk Group products and services are trusted by some of the most security conscious commercial, industrial, military and government clients in the world. www.avariskgroup.com