Dmatek Continues to Strengthen US Presence with Two Key Contracts 

New long-term law enforcement contracts valued at $22-26 million

Dmatek Ltd. ("Dmatek"), the London-listed provider of leading electronic monitoring technologies, today announces two key state-level contract wins in the US. Accumulated revenue from both lease contracts are estimated at between $22 million to $26 million to be received over a period of up to 5 years. The agreements were concluded by Dmatek's wholly owned subsidiaries, which operate in the corrections and law enforcement market.

The new contracts require the provision of RF presence monitoring systems, 2-piece GPS tracking units and 1-piece, wearable tracking devices. The growing tendency of correctional administrations to use a variety of offender monitoring applications strengthens Dmatek's market position as the provider of the widest available range of offender monitoring tools globally. 

Gradual implementation in the coming months will cover over 4,000 offenders and parolees. The programs are designed to enhance the supervision of certain target groups of offenders and also parolees who are known to be at a high risk of re-offending due to the violent nature of their crimes. 

Yoav Reisman, Dmatek's CEO commented, "The two contracts are significant, in sheer size and in their positive effect on further growth plans and I am very glad we were able to meet the programs stringent technology requirements. We plan to extend these projects all the required resources and support to make them a model success." Reisman added: "Our enhanced operational scale enables us to take advantage of more business opportunities that are available in the market. These wins are an important stride in the successful execution of our steadfast strategy committed to business growth".  

Dmatek published interim results last month, showing 29% growth in revenue, and steep increases in profit lines and cash generation.

Media & Investor Enquiries:  

Dmatek Ltd.         

Idit Mor / Michal Marx mobile: +972 54 2555860

idit@dmatek.com    michalm@dmatek.com

Notes to Editors:

About Dmatek: Dmatek is a leading provider of remote people monitoring technologies. Current applications of the company's technology solutions are marketed by Dmatek's wholly owned subsidiaries - Elmo-Tech Ltd., and Pro Tech Inc. which address the global law enforcement and corrections industry and HomeFree Systems, which operates in the emerging elderly monitoring market. Dmatek's systems are used by private operators and government agencies in over 25 countries worldwide. Dmatek is traded on the London Stock Exchange (LSE: DTK.L).

http://www.dmatek.com/

• News Channel