Journeo PLC Software as a Service contract (3262T)
24 Noviembre 2021 - 12:59AM
UK Regulatory
TIDMJNEO
RNS Number : 3262T
Journeo PLC
24 November 2021
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) No 596/2014 ("MAR").
24 November 2021
Journeo plc
("Journeo", "Company" or "the Group")
Software as a Service contract
Journeo plc (AIM: JNEO), the information systems and transport
technical services group, is pleased to announce a three-year
Software as a Service (SaaS) contract for CCTV technology
management with Arriva UK Bus.
The value of the contract over the three-year period is GBP1.3m
and includes engineering, software licenses and technical support
services across the Arriva UK fleet of 4,700 buses. The contract
also includes a customer option of extending the software licenses
by a further two years at additional cost.
Work has already commenced, and a number of buses previously
equipped with Journeo's IoT hardware under a separate framework
agreement will be included within the new SaaS contract, such that
Arriva's entire UK bus fleet are connected and supported.
Journeo's cloud-based solution provides authorised users with
authenticated, high-security access to video and associated data
from any of their UK bus fleet vehicles using local Wi-Fi or the
Journeo Edge's 4G modem.
In addition to securely managing the data, Journeo's cloud
services also provide a secure transfer between other systems used
by Arriva to manage incidents across their network, including the
real-time status of on-board technology using Journeo's remote
condition monitoring application.
Russ Singleton, Chief Executive Officer of Journeo, said: " We
have been working with Arriva in the UK since 2002 and Sweden since
2010 and are naturally delighted that they have chosen the Journeo
cloud-based video management solution for their entire UK bus
fleet. As the Arriva buses come on-line during 2022, we will have
over 10,000 buses, coaches, trains and fuel tankers connected to
our powerful cloud-based SaaS applications".
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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November 24, 2021 01:59 ET (06:59 GMT)
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