Eurotech: 10M USD Contract to Supply Embedded Computers For Automated Fare Collection Systems

AMARO, Italy, July 13, 2010 - Eurotech, a leading supplier of embedded technologies,
products and systems, today announces a 10 million USD contract to supply
embedded computers to Cubic Transportation, the world's leading turnkey
solution provider of automated fare collection systems for public transport.
Destined for use in the smart card ticketing system on the transport system
of a major European capital, the contract will see 20,000+ units installed in
buses and station gates throughout the network. Each unit will interface
directly to a smart card reader and relay both passenger and journey
information into the fare collection system

"Transportation is proving to be a rewarding market for Eurotech,"
says Roberto Siagri, President and CEO of Eurotech. "The order book
is growing and I'm very pleased about how things are moving forward: after
the 7.5 million USD contract that was announced in March, this is the second
multi-million contract win this year, and I'm confident there's more to
come."

"The successful introduction of this single board computer
demonstrates not only Eurotech's technical capabilities in embedded
solutions, but also is testament to our ability to build design partnerships
with our clients and find pragmatic solutions to the challenges that
companies face during such projects," explains Frank Cutri, Eurotech's
European Managing Director. "Cubic's requirements needed a combination of
hardware, software and domain expertise, backed by the stability of a global
Group and the service of a local organisation, and Eurotech was able to
demonstrate capability in all of these areas."

ABOUT EUROTECH

Eurotech (ETH.MI) is a global leader in the design,
development and production of application-ready embedded computers and
systems. Eurotech architects systems that help companies bring their products
to market quickly through the latest technologies with low-power consumption,
multiple connectivity options and robust functionality. Eurotech specializes
in helping customers connect their applications to the latest available
wireless, mobile and pervasive technologies. Learn more about Eurotech at
www.eurotech.com.

    Company contacts:
    Investor relations
    Andrea Barbaro
    Tel. +39-0433-485411
    e-mail: andrea.barbaro@eurotech.com

    Corporate Press Office
    Cristiana della Zonca
    Tel. +39-0433-485411
    e-mail: cristiana.dellazonca@eurotech.com

    International Press Office
    Giovanni Sanfelice di Monteforte
    Barabino & Partners UK Plc.
    53, Davies Street - London W1 K5JH
    Tel.: +44-(0)20-71526425
    e-mail: G.Sanfelice@barabino.co.uk

Company contacts: Investor relations, Andrea Barbaro, Tel. +39-0433-485411,
e-mail: andrea.barbaro at eurotech.com; Corporate Press Office,
Cristiana della Zonca, Tel. +39-0433-485411, e-mail: cristiana.dellazonca at eurotech.com;
International Press Office, Giovanni Sanfelice di Monteforte, Barabino & Partners UK Plc.
53, Davies Street - London W1 K5JH, Tel.: +44-(0)20-71526425,
e-mail: G.Sanfelice at barabino.co.uk