Last checked at 17 Dec 2014 07:00
17th December 2014
21st CenturyTechnology plc
("21st Century", "the Company"or "the Group")
Contract Award
21st Century Technology plc (AIM: C21), thespecialist service providers of CCTV and monitoring systemsto the fleet and network operators in the bus and rail industries, today announces that it has been awarded a three year contract worth 15.8M SEK (approximately £1.35m) by one of the largest passenger transport operators inSweden to supporton-vehicle mobile surveillance, safety and communication systems across their fleet in Stockholm.
In parallel with the above, the Framework Agreement with the same client for the supply, installation and maintenance of systemshas been extended by three years to be co-terminus at December 2017.
Commenting on the contract win21st Century's Chief Executive, Russ Singleton, said: "We are delighted that our Swedish based team have once again been selected to continueour relationship with this major client and look forward to supporting them on over 720 Stockholm buses in the coming years. This latest win brings the value of contract renewals secured in Sweden in the last quarter of 2014 to approximately £2.45m and is a testament to the high service levels we deliver and the strong relationships we are forming with our customers. "
Enquiries:
21 Century Technology plc | Russ Singleton/Glenn Robinson | Tel: 0844 871 7990 |
finnCap Limited | ||
Nominated Adviser | Julian Blunt/Henrik Persson | Tel: 0207 220 0500 |
Corporate Broking
Media enquiries | Rhys Williams/Malar Velaigam |
|
Communications Portfolio | Ariane Comstive/Helen Carpanini | Tel: 07785 922354 |
Notes to editors:
21st CenturyTechnology plc's (AIM: C21) principalactivities are the provision of CCTV and monitoring
systems to the fleet and networkoperators in the bus and rail industries. The Group'sbusiness model
is in transition; from providing individual solutions for the supply and installation of CCTV, telematics
and monitoring systems, towards highly integrated on-board technologies with connected & web based back-office software management applications.
The Group is currently preferred suppliers of mobile CCTV to two of the UK's largestbus operators; Arriva
UK Bus & First Group UK Bus. It also provides installation, maintenance & support servicesto Keolis and Arriva
in Stockholm, Sweden and is deployinga novel passenger comfort-oriented driver behaviour system to Keolis throughout France.
In the rail sector,21st Century has also recently gained new customers; including GB Rail Freight and one of the UK's leading train operating companies.
These strengthening client relationships demonstrate the growingadoption of the 21st Century's systems in
the bus and rail market, supporting the Group's multi-modal approach to servicingfleet customers throughout the UK and intoContinental Europe.
The Group was admitted totrading on AIM in 2005.