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| Exchange Disseminated Time | MIC Electronics Ltd has informed BSE regarding a Press Release dated June 09, 2010 titled "MIC Electronics Limited bags order for supply of LED Screens for CommonWealth Games 2010"
Press Release:
"MIC Electronics Ltd announced its selection as supplier of LED displays to the Jawaharlal Nehru Stadium & the Srifort Stadium for the Common Wealth Games 2010 which are to be held from the October 03, 2010 to the October 14, 2010 at New Delhi. The Jawaharlal Nehru Stadium will be the venue for the opening and closing ceremonies of the games.
The contract was awarded to MIC Electronics by Pico, one of the world's leading experienced marketing service providers, which is the went management company for the Common Wealth Games 2010.
The LED display screens, which boost of Nichia LEDs, are the flagship products of MIC Electronics. They have proven themselves to be world class products and are in use in several parts of the world.
"We are very happy to be associated with the Common Wealth Games 2010" said Dr. M V Ramana Rao, Chairman and Managing Director, MIC Electronics, "It is a very prestigious event and this is the first time our screens will be viewed by the international media.''
A total of 19 LED screens will be installed at the stadiums, 12 of which will be of 600 sqft area. The remaining 7 will have a smaller area of 150 sqft each.
Under the contract, MIC will install about 8000 sqft of Indoor as well as Outdoor Screens at the two stadiums. The Rental income from these screens will be Rs. 8.56 Crore." |
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