17 Dec 2014 07:00
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17th December 2014
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21st CenturyTechnologyΒ plc
("21st Century", "theΒ Company"orΒ "theΒ Group")
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ContractΒ Award
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21st Century TechnologyΒ plc (AIM:Β C21),Β thespecialist service providers ofΒ CCTVΒ and monitoringΒ systemstoΒ theΒ fleet and networkΒ operators inΒ theΒ busΒ and rail industries,Β today announces that it has been awarded a threeΒ year contractΒ worth 15.8M SEKΒ (approximatelyΒ Β£1.35m)Β byΒ oneΒ ofΒ theΒ largestΒ passenger transportΒ operatorsΒ inSwedenΒ to supporton-vehicleΒ mobile surveillance,Β safetyΒ andΒ communicationΒ systems acrossΒ their fleetΒ in Stockholm.
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In parallel withΒ the above, theΒ Framework Agreement with the same client for the supply, installationΒ and maintenanceΒ ofΒ systemshas been extendedΒ byΒ threeΒ yearsΒ toΒ beΒ co-terminus at DecemberΒ 2017.
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Commenting onΒ theΒ contractΒ win21stΒ Century'sΒ ChiefΒ Executive,Β Russ Singleton, said: "We areΒ delighted thatΒ our SwedishΒ based teamΒ have once again been selected toΒ continueour relationship withΒ thisΒ major clientΒ and lookΒ forward to supporting them onΒ over 720 StockholmΒ busesΒ in the comingΒ years. This latest win brings the value of contract renewals secured in Sweden in the last quarter of 2014 to approximately Β£2.45m and is a testament to the high service levels we deliver and the strong relationships we are forming with our customers. "
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Enquiries:
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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 Β Media enquiries | Rhys Williams/Malar Velaigam | Β |
Communications Portfolio | Ariane Comstive/Helen Carpanini | Tel: 07785 922354 |
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Notes to editors:
21stΒ CenturyTechnologyΒ plc'sΒ (AIM:Β C21)Β principalactivitiesΒ areΒ theΒ provisionΒ ofΒ CCTVΒ andΒ monitoringΒ
systemsΒ toΒ theΒ fleetΒ andΒ networkoperatorsΒ inΒ theΒ busΒ andΒ railΒ industries.Β TheΒ Group'sbusinessΒ modelΒ
isΒ inΒ transition;Β fromΒ providingΒ individualΒ solutionsΒ forΒ theΒ supplyΒ andΒ installationΒ ofΒ CCTV,Β telematicsΒ
andΒ monitoringΒ systems,Β towardsΒ highlyΒ integratedΒ on-boardΒ technologiesΒ withΒ connectedΒ &Β web based back-office softwareΒ managementΒ applications.
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TheΒ GroupΒ isΒ currentlyΒ preferredΒ suppliersΒ ofΒ mobileΒ CCTVΒ toΒ twoΒ ofΒ theΒ UK'sΒ largestbusΒ operators;Β ArrivaΒ
UKΒ BusΒ &Β FirstΒ GroupΒ UKΒ Bus.Β ItΒ alsoΒ providesΒ installation,Β maintenanceΒ &Β supportΒ servicestoΒ KeolisΒ andΒ ArrivaΒ
inΒ Stockholm,Β SwedenΒ andΒ isΒ deployingaΒ novelΒ passengerΒ comfort-orientedΒ driverΒ behaviourΒ systemΒ to KeolisΒ throughoutΒ France.
InΒ theΒ railΒ sector,21stΒ CenturyΒ hasΒ alsoΒ recentlyΒ gainedΒ newΒ customers;Β includingΒ GBΒ RailΒ FreightΒ andΒ oneΒ of the UK's leading train operatingΒ companies.
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TheseΒ strengtheningΒ clientΒ relationshipsΒ demonstrateΒ theΒ growingadoptionΒ ofΒ theΒ 21stΒ Century'sΒ systemsΒ inΒ
theΒ busΒ andΒ railΒ market,Β supportingΒ theΒ Group'sΒ multi-modalΒ approachΒ toΒ servicingfleetΒ customers throughout theΒ UK and intoContinentalΒ Europe.
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The Group wasΒ admittedΒ totrading onΒ AIM inΒ 2005.
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