Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksJourneo Regulatory News (JNEO)

Share Price Information for Journeo (JNEO)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 252.50
Bid: 251.00
Ask: 254.00
Change: 0.00 (0.00%)
Spread: 3.00 (1.195%)
Open: 252.50
High: 253.00
Low: 251.00
Prev. Close: 252.50
JNEO Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Exclusive distribution agreement

2 Nov 2018 07:00

RNS Number : 1089G
21st Century Technology PLC
02 November 2018
 

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

 

21st Century Technology plc

 

("21st Century" or the "Group")

 

 

Exclusive distribution agreement for SMARTVISION: mirrorless rear-view camera monitoring system

 

  

21st Century Technology plc (AIM: C21), the specialist provider of tailored solutions to the transport community, solving complex operational requirements both on and off vehicle, is pleased to announce a strategically important and exclusive distribution agreement with Safety Tech, a subsidiary of Vision Systems France, for the SMARTVISION 'mirrorless' Camera Monitoring System (CMS) for Bus and Coach operators and Original Equipment Manufacturers (OEMs) throughout the UK. In addition, under the agreement, the Group's subsidiary 21st Century AB in Stockholm has exclusivity to supply SMARTVISION directly to the Bus and Coach operators throughout Sweden.

The CMS comprises a number of high-definition digital cameras and monitors that replace traditional wing mirrors that improve visibility, reduce the risk of accidents and lower lifetime running costs of the vehicle.

The SMARTVISION CMS is the only one of its kind approved by the Vehicle Certification Agency (VCA) in the UK and is currently available as OEM. The certification required for retro-fit programmes is currently being pursued.

 

The SMARTVISION CMS is an important step towards the Transport for London (TfL) VISION ZERO commitment to eliminate death and serious injury involving buses. By 2020 it is anticipated that CMS will become compulsory on many TfL vehicles, with other regions to follow suit. It is already being offered as an option on new vehicles from UK manufacturers, enabling operators to get a head-start on making their vehicles safer for passengers, the public and drivers alike

 

About SMARTVISION CMS

Vehicles are fitted with rugged enclosures that each contain two High Definition (HD) cameras showing Class II (Standard) and Class IV (Wide-angle) view on driver screens that are mounted internally within the cab area.

By using digital cameras in place of mirrors, the CMS not only removes the lateral blind spots, it also automatically adjusts to reduce glare and improves the visibility at night and in wet conditions. The cameras also re-focus to adapt to rain drops or dirt on the lenses and an optional camera heater module keeps them clear of ice or fog.

Importantly, the system greatly reduces the risk of collisions with other road users, pedestrians, street furniture and trees. Furthermore, because the cameras are much smaller than traditional wing mirrors, the CMS reduces drag and even improves fuel efficiency.

Russ Singleton, Chief Executive Officer of 21st Century, said: "We have been working with Safety Tech, on this strategically important and revolutionary new safety solution for over two years and we are delighted today to be announcing a 3-year exclusive distribution agreement for the UK and Sweden. It is a major step forward for C21 in helping PTEs and operators improve public transport safety and fulfilling H&S policy. As part of our agreement we will also be providing design services to the vehicle manufacturers to ensure the system is correctly installed for every vehicle type."

 

 A digital copy of this announcement will be available on the Group's website: www.21stplc.com

 

Enquiries:

 

21st Century Technology plc

Russ Singleton - CEO

Tel: 0844 871 7990

finnCap

Nominated Adviser

Julian Blunt/Scott Mathieson

Tel: 0207 220 0500

Media enquiries

Communications Portfolio

Ariane Comstive

Tel: 07785 922 354

 

 

Notes to editors:

 

'Connected Systems for Connected Journeys'

 

21st Century Technology is the specialist provider of tailored solutions to the transport community, solving complex operational requirements both on and off the vehicle. Comprised of a Fleet Systems division and a Passenger Systems division, 21st Century Technology provides integrated solutions both on and off the vehicle to deliver 'connected systems for connected journeys'.

 

Fleet Systems: include CCTV video surveillance; to improve passenger & driver safety, vehicle & driver performance monitoring, real-time on-board IT subsystems management and automatic passenger counting.

 

Passenger Systems: include the design & manufacture of all the necessary hardware and software for electronic passenger information systems, off-vehicle smart ticketing and way-finding.

 

With over 20 years' experience in the transport industry, 21st Century Technology specialises in providing innovative, cost-effective technology lead solutions to improve the passenger experience and provide operational benefits to fleet and network operators.

 

Further information on the company is available on www.21stplc.com or search for 21st Century Technology on LinkedIn and @21stCenturyLtd on Twitter.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
CNTBBBRTMBBMBRP
Date   Source Headline
23rd Jul 20207:00 amRNSReceipt of Purchase Orders and Trading Update
29th Apr 20202:31 pmRNSResult of AGM
15th Apr 20203:21 pmRNSHolding(s) in Company
14th Apr 202011:22 amRNSHolding(s) in Company
3rd Apr 202012:15 pmRNSIssue of Equity
2nd Apr 202012:07 pmRNSGrant of Options and Director/PDMR Shareholding
2nd Apr 20207:00 amRNSFinal Results
27th Feb 20207:00 amRNSTransforming Cities Fund Order
27th Jan 20207:00 amRNSPurchase orders received
7th Jan 20204:15 pmRNSDirector/PDMR Shareholding
3rd Jan 20209:59 amRNSHolding(s) in Company
17th Dec 20193:07 pmRNSHolding(s) in Company
17th Dec 20199:42 amRNSHolding(s) in Company
17th Dec 20198:58 amRNSHolding(s) in Company
10th Dec 20194:39 pmRNSDirector/PDMR Shareholding
10th Dec 201912:39 pmRNSResult of Equity Issue
10th Dec 20197:01 amRNSIssue of Equity
10th Dec 20197:00 amRNSTrading Statement
2nd Dec 201911:33 amRNSResult of Meeting
13th Nov 20197:00 amRNSProposed Share Reorganisation, Change of Name, GM
28th Oct 20197:00 amRNSChange of Adviser
8th Oct 20197:00 amRNSNotification of Contract Award Recommendation
16th Sep 20197:00 amRNSInterim Results
2nd Sep 20197:00 amRNSContract Award
24th Jul 20192:00 pmRNSHolding(s) in Company
22nd Jul 20197:00 amRNSNew Contract Awards with WMCA
22nd May 20197:00 amRNS3-year contract renewal with Arriva UK Bus
24th Apr 20195:20 pmRNSResult of AGM
26th Mar 20197:00 amRNSFinal Results
24th Dec 20187:00 amRNSTrading update and extension of loan note
2nd Nov 20187:00 amRNSExclusive distribution agreement
3rd Sep 20187:00 amRNSInterim Results
21st May 201812:02 pmRNSHolding(s) in Company
25th Apr 201810:47 amRNSResult of AGM & Corporate Presentation
28th Mar 20187:00 amRNSFinal Results
19th Mar 201812:26 pmRNSHolding(s) in Company
16th Mar 20181:30 pmRNSRe: Contract
15th Feb 20187:00 amRNSHolding(s) in Company
21st Dec 20174:00 pmRNSTrading Update and Invoice Discounting Facility
11th Oct 20178:32 amRNSHolding(s) in Company
4th Oct 20177:00 amRNSContract Win
31st Aug 20177:00 amRNSHalf-year Report
7th Aug 20177:00 amRNSContract Win
20th Jun 201712:05 pmRNSResult of AGM
9th Jun 201711:00 amRNSHolding(s) in Company
26th May 20178:50 amRNSPosting of Annual Report & Notice of AGM
26th May 20177:00 amRNSFinal Results
15th May 20177:00 amRNSDirectorate Change
15th May 20177:00 amRNSContract Win
21st Dec 20163:22 pmRNSForm 8.3 - Sky Plc

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.