Reliance High Tech reports

Reliance High Tech has reported a 28 per cent rise in profits, up to £1,002,000 on a turnover of £26.5m. Gross margins were up 2.7pc and with a cash position of £3.2m net assets were up 28pc year on year.
The company says that its core markets are continuing to grow and its strategy of developing new, specialist solutions allowed it to win significant contracts in public space security, defence and the higher education sectors. At the same time its focus on strong execution and