Journeo PLC Contract Award (5887U)
06 Diciembre 2021 - 1:00AM
UK Regulatory
TIDMJNEO
RNS Number : 5887U
Journeo PLC
06 December 2021
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) No 596/2014 ("MAR").
06 December 2021
Journeo plc
("Journeo", "Company" or "the Group")
Public transport information systems contract award
Journeo plc (AIM: JNEO), the information systems and transport
technical services group, is pleased to announce a contract for the
supply of its advanced displays technology and software, further
expanding into key transport corridors within North Wales, where
real time passenger information was not previously present.
The award valued at GBP0.8m includes the provision of scheduled
and real time passenger information systems for long and
geographically diverse routes. The breadth of display technologies,
stretching from ultra-low power ePaper displays suitable for rural
locations where authorities cannot deliver power to the display
location, to full-colour LED displays suitable for high-traffic
transport corridors, will be managed using the company's content
management software.
Russ Singleton, Chief Executive of Journeo plc, commented,
"Driving multiple display technologies directly from our powerful
core technology and cloud-based software is giving customers
greater flexibility as they scale their information estates, ready
to meet the commitments they are making in their Bus Service
Improvement Plans and Enhanced Partnerships".
A digital copy of this announcement will be available on the
Group's 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/ Sarah Mather +44 (0) 207 220 1666
Notes to editors:
Journeo plc is an information systems and technical services
business focussed on public transport and related infrastructure
within towns, cities, airports, and local authorities. The Company
works extensively with local government departments, combined
authorities, and many of the largest multinational transport
operators, supporting them as systems converge towards a more
efficient and sustainable smarter-cities future.
The business currently comprises two segments:
-- Fleet operator solutions: CCTV video surveillance to improve
passenger & driver safety, telematics for vehicle and driver
performance monitoring, real-time communications for remote
condition monitoring and automatic passenger counting.
-- Passenger transport infrastructure solutions: design,
manufacture, installation, and management of hardware and software
for electronic public transport information systems, in and around
towns, cities, ferry terminals and airports which includes
smart-ticketing and wayfinding.
In the last few years, the Company has invested over GBP5m in
research and development, enabling it to design and supply advanced
solutions for 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, 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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