INN Innovision Res.

    RNS Number : 5952G
  Innovision Research&Technology PLC
  24 October 2008
   
    Innovision Research & Technology Plc
    ("Innovision" or the "Company")

    Order for Mass Transit Tickets

    The Company is pleased to announce the initial order of 1.5 million Jewel� tickets for use in mass transit systems across a number of
European cities. The Company expects further orders over the coming months with an estimated annual run rate of 10 million units in these
cities. Importantly this represents the first volume order where the Company is supplying the complete ticket rather than purely the Jewel�
chip for inclusion into a ticket and as such represents a move up the value chain for this type of opportunity.



    Further enquiries:

 Innovision Research & Technology plc   01285 888200
 David Wollen, Chief Executive Officer
 Brian McKenzie, Finance Director

 KBC Peel Hunt Ltd (Nominated Adviser & Broker)  0207 418 8900
 David Anderson
 Oliver Scott


This information is provided by RNS
The company news service from the London Stock Exchange
 
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