Last checked at 27 Jan 2020 07:00
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 £4.8m with The City of Edinburgh Council, awarded and announced in December 2019.
The purchase orders valued at £0.8m 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
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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.
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