Ultra Electronics Airport Systems News - May 2009

Ultra announces the acquisition of Tisys SA (‘Tisys’), a specialist airport IT systems business based in Annecy, France. Tisys employs ten staff and has focused on supplying systems to smaller airports throughout Francophone countries. Tisys will be absorbed into Ultra’s existing Airport Systems business in the Information & Power Systems division.

Synergies will be derived from exploiting the Tisys range of IT solutions in Ultra’s existing markets around the world and Ultra’s range of solutions within Francophone countries. The Airport Systems business has operations in the UK, the USA, China, South Africa, Australia, New Zealand and Ireland. The Tisys product range includes software suites for revenue management and invoicing, flight information management and display, resource management and departure control.

Douglas Caster, Chief Executive, commented:

“I am pleased to have acquired the Tisys business. It is complementary to our existing Airport Systems operation and will broaden the Group’s range of specialist capabilities in the airport IT systems market.”

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Enquiries:

Ultra Electronics Holdings plc

Douglas Caster, Chief Executive
Paul Dean, Group Finance Director

020 8813 4321
information(at)ultra-electronics.com
www.ultra-electronics.com