Journeo PLC Purchase orders received (9296A)
January 27 2020 - 1:00AM
UK Regulatory
TIDMJNEO
RNS Number : 9296A
Journeo PLC
27 January 2020
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) No 596/2014 ("MAR").
27 January 2020
Journeo plc
("Journeo" or "the Group")
City of Edinburgh Bus Station Purchase Order
Journeo plc (AIM: JNEO), the information systems and transport
technical services group is pleased to announce it has received the
first tranche of purchase orders under a contract valued GBP4.8m
with The City of Edinburgh Council, awarded and announced in
December 2019.
The purchase orders valued at GBP0.8m are for the supply of
integrated real-time passenger information systems and software for
Edinburgh bus station and include a comprehensive 5-year services
and support package.
Edinburgh Bus station is a critical component within the City of
Edinburgh and wider regional public transport infrastructure, with
an estimated 6 million passengers passing through per year and over
240,000 bus arrivals and departures.
Russ Singleton, Chief Executive Officer, said: "We are delighted
that The City of Edinburgh Council selected our Passenger
Information software, systems and services for this vital public
transport hub as part of a wider upgrade and regeneration of its
public information systems estate ".
A digital copy of this announcement will be available on the
Groups' website: www.journeo.com
For further information, please contact:
Journeo plc
Russ Singleton/ Nick Lowe +44 (0) 844 871 7990
WH Ireland - Nominated Adviser and Broker
Mike Coe/ Chris Savidge +44 (0) 117 945 3470
Communications Portfolio
Ariane Comstive +44 (0) 7785 922 354
Notes to editors:
Journeo plc, formerly 21st Century Technology plc, is the
specialist provider of advanced information systems and transit
related technical services to towns, cities, and local authorities.
The Company works with many of the UK's largest multinational
public transport operators, supporting them towards the creation of
smarter-cities.
The business comprises two segments:
-- Fleet Systems solutions, including CCTV video surveillance to
improve passenger & driver safety, vehicle and driver
performance monitoring, real-time on-board IT subsystems management
and automatic passenger counting; and
-- Passenger Systems solutions, including design, manufacture,
installation and management of all the hardware and software for
electronic passenger information systems, smart-ticketing and
wayfinding.
In the last few years, the Company has invested heavily in
research and development, enabling it to design and supply the very
best solutions in order to meet customers' complex requirements and
the demands of modern public transport. With an Internet of Things
(IoT) approach and open standards, together with field-proven and
reliable engineering, Journeo is able to offer flexible and
scalable products and services that can integrate with existing
technology while preparing for future advancements.
- Ends -
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END
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