11 July 2011
Abchurch wins IPO of Spectra Systems Corporation
Abchurch has won the IPO and financial PR remit for Spectra Systems Corporation, a leading provider of advanced technology solutions for banknote and product authentication. Abchurch Communications has been appointed to provide financial PR support as Spectra Systems announces its intention to seek admission of its shares to trading on the AIM market of the London Stock Exchange. Dealings are expected to commence on AIM in July 2011.
Headquartered in Providence, Rhode Island in the United States, Spectra Systems invents, develops, manufactures and markets advanced technology-based products used primarily to authenticate and process banknotes. Founded in 1996 by its Chief Executive Officer, Dr. Nabil Lawandy, the Company has focused on the commercialisation of technologically advanced security products, both covert and public, for banknotes and other documents. Spectra Systems provides an integrated solution, in that it supplies engineered consumable materials for authentication and processing purposes, as well as hardware and software systems which verify the presence of the authentication and processing materials.
Abchurch is considered one of the UK’s leading providers of financial public relations advice surrounding IPOs on the London Stock Exchange, having advised on 67 successful listings over a five year period.
Henry Harrison-Topham, Managing Director of Abchurch, commented: “Abchurch has a strong reputation in IPOs and we are delighted to be working alongside WH Ireland on the flotation of Spectra Systems. The security technology market is growing considerably and Spectra Systems’ products are at the forefront of this market. We look forward to working on the PR and investor relations programme for Spectra Systems throughout the IPO process as well as in the aftermarket.”
The account will be run by Henry Harrison-Topham, Managing Director, supported by Joanne Shears, Director and Oliver Hibberd, Account Executive.
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Media Enquiries:
Henry Harrison-Topham
henry.ht@abchurch-group.com
Tel: +44 (0)20 7398 7702