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ERA a.s.

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OMNIPOL a.s. Acquires ERA a.s.

One of the Czech Republicís leading trading companies acquires ERA a.s. - the manufacturer of unique aircraft surveillance technology for passive surveillance of aviation, surface installations and naval vessels.

Prague, Czech Republic, December 14, 2011 --( OMNIPOL a.s. and ERA a.s., a former subsidiary of SRA International, Inc. announced today OMNIPOL's success over other strong bidders in a tender to acquire ERA a.s.. As a result OMNIPOL has purchased 100% of the shares of ERA a.s. and thus acquired complete control over its future development.

OMNIPOL, a Prague-based company, has traditionally focused on civil and military monitoring equipment and reconnaissance technology. Now OMNIPOL has strengthened its market offerings with the acquisition of the world’s premier provider of civil and military aircraft multilateration based surveillance technology and manufactured by ERA a.s., Pardubice, Czech Republic. ERA a.s. provides global deliveries of passive and active multilateration solutions designed for airport surface and en route aircraft tracking. ERA's military division specialises in the manufacture of mobile and stationary systems for the passive tracking of aircraft, as well as naval and ground targets that could pose a threat to sovereign airspace, naval and ground installations.

Michal Hon, Chairman of the Board and General Director of OMNIPOL said: “The main purpose of this acquisition is to ensure that ERA's manufacturing and its unique, state-of-the-art technology are returned to Czech hands and under the full control of Czech legislation. The future of solutions deployed with the Czech Army and with our customers around the world will be secure with a full upgrade and maintenance service. We are also pleased that the results of ERA's strong economic performance will remain within the Czech Republic. The acquisition of this key technology significantly contributes toward OMNIPOL's vision to become the world's leading provider of civil and military surveillance systems.”

Vladislav Hofman, CEO of ERA a.s., added: “This strategic partnership strengthens ERA’s position in the global market and increases its role among the Aircraft Navigation Service Providers (ANSP) and providers of military surveillance systems. We are pleased and excited to become a part of the OMNIPOL family of companies.”

Contact Information
ERA a.s.
Andrea Jilkova
+420 467 004 253

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