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Trading Update

1 Jun 2011 07:00

RNS Number : 5934H
21st Century Technology PLC
01 June 2011
 



1 June 2011

 

21st Century Technology plc

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

 

AGM Trading Update

 

21st Century, the supplier and installation service provider of public transport CCTV and vehicle monitoring systems is holding its Annual General Meeting today at 10.30 am at The National Control Centre, Drake Road, Mitcham, Surrey, CR4 4HQ.

 

Chairman, Jan Holmstrom, will make the following statement:

"The Group is trading in line with management expectations for the year. We continue to maintain strong positions in our on-bus CCTV systems and EcoManager businesses in the UK and we have a number of new leads which give us confidence that we can enhance our market penetration in mainland Europe. We are making good progress in delivering the first of the two Keolis Sverige AB CCTV supply and installation contracts which we announced on 31 January 2011. The combined value of these contracts is £7.2m. Additionally, we have established a subsidiary company in Stockholm, 21st C. Sverige AB, and employed a dedicated team to exploit further opportunities in Scandinavia.

In my Chairman's Statement which accompanied the 2010 Annual Report, I highlighted that the Group's freehold head office premises is being marketed for sale. To date we have received expressions of interest from several parties and we hope to be able to make a further announcement on this in due course."

Enquiries:

 

21 Century Technology plc

Wilson Jennings

Tel: 020 8710 4016

www.21stplc.com

Finance Director

Daniel Stewart & Company plc

Paul Shackleton/

Noelle Greenaway

Tel: 020 7776 6550

(Nomad & Broker)

MHP Communications

Barnaby Fry/Vicky Watkins

Tel: 020 3128 8100

 

 

Notes to editors:

 21st Century Technology plc is the preferred supplier of on-board CCTV systems for Arriva UK Bus and the Go-Ahead Group in the UK and an approved supplier to FirstGroup UK Bus. 21st Century is also the preferred supplier of station platform CCTV systems for the three major UK rail franchises operated by Govia (the joint venture between Go-Ahead and Keolis).

The company has pioneered the use of WiFi with on-board CCTV systems and Transport for London commissioned the company to undertake a trial of 'LiveView' - a system which transmits live CCTV pictures from on board the bus to a public transport and police control centre. 21st Century was also the first company to successfully launch Automatic Video Downloads and a bus CCTV monitoring system (HeartbeatTM) which allow the CCTV manager to remotely download CCTV footage from the bus to his computer and check that all the CCTV systems fitted to his buses are fully operational, without leaving his desk. The company's overhead camera passenger counting device, known as PAS - Passenger Analysis System, links to the ticket machine and enables bus operators to analyse specific bus route ticket sales and passenger numbers.

21st Century's EcoManager product has made a significant contribution to sales since its launch in July 2008. The EcoManager black-box system is aimed at reducing fuel and maintenance costs, reducing emissions and improving safety for bus operators by monitoring individual driving styles against fuel consumption. Following a successful trial, in April 2009 Arriva UK committed to install the device on all their new buses and to retrofit a large proportion of their existing fleet. In November 2009 Arriva North West and Merseytravel won the industry recognised Alexander Dennis Award for Innovation following their installation of the EcoManager system which yielded fuel savings of up to 12%, associated CO2 emission reductions and a 62% reduction in accidents. This was followed in 2010 with a driver safety award for EcoManager presented by the road safety charity, Brake.

For further information go to www.getecomanager.com.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
AGMUAOVRASAVOAR
Date   Source Headline
26th May 20262:10 pmRNSHolding(s) in Company
7th May 20261:19 pmRNSHolding(s) in Company
7th May 20267:00 amRNSUS$1.2 million Purchase Order
28th Apr 202611:54 amRNSResult of AGM
23rd Apr 20267:00 amRNS£1.0m Infrastructure Protection Contracts
13th Apr 20267:00 amRNS£1.7m Purchase Orders for Information Systems
31st Mar 20267:00 amRNS£2.4m Contract Awards – Infrastructure Protection
24th Mar 20267:00 amRNSFinal Results
19th Mar 20267:00 amRNSNotice of Results and Investor Presentation
16th Mar 20267:00 amRNS-RContract award in Denmark
16th Mar 20267:00 amRNS-RContract award in Denmark
21st Jan 20267:00 amRNSTrading Update
12th Jan 20267:00 amRNSPurchase Orders
8th Dec 20257:00 amRNS£2.3m Purchase Orders – Infrastructure Protection
1st Dec 20254:25 pmRNSOption Exercise, Issue of Equity & PDMR Dealings
29th Oct 20257:00 amRNS$5m purchase orders for New York Subway
15th Oct 20254:02 pmRNSOption Exercise, Issue of Equity & PDMR Dealings
10th Oct 20259:45 amRNSHolding(s) in Company
30th Sep 20257:00 amRNSPurchase Orders
25th Sep 20257:00 amRNSHalf-year Report
18th Sep 20257:00 amRNSPurchase Order
8th Sep 20257:00 amRNS-RNotice of Results & Investor Presentation
8th Sep 20257:00 amRNSFramework Agreement
2nd Sep 20257:00 amRNSAcquisition of Crime and Fire Defence Systems
1st Sep 20257:00 amRNS£3.5m Framework Agreement
27th Aug 20257:00 amRNS£1m Purchase Orders and airport systems extension
29th Jul 20257:00 amRNSTrading Update
16th Jul 20257:00 amRNS-RContract award in Denmark
10th Jul 20252:28 pmRNSHolding(s) in Company
19th Jun 20257:00 amRNSPurchase Order
5th Jun 20252:09 pmRNSDirector/PDMR Shareholding
29th May 20257:00 amRNS£4.2m Rail Systems Purchase Order
14th May 20257:00 amRNS£10m Framework Agreement
23rd Apr 202512:30 pmRNSResult of AGM
16th Apr 20257:00 amRNSPurchase Order
26th Mar 20259:54 amRNSDirector/PDMR Shareholding
25th Mar 20257:00 amRNSFinal Results
21st Mar 20253:08 pmRNSHolding(s) in Company
20th Mar 20257:00 amRNSNotice of Results & Investor Presentation via IMC
18th Feb 202510:55 amRNSHolding(s) in Company
31st Jan 202511:09 amRNSHolding(s) in Company
29th Jan 20254:52 pmRNSIssue of Equity
29th Jan 202511:33 amRNSHolding(s) in Company
23rd Jan 202510:55 amRNSHolding(s) in Company
23rd Jan 20257:00 amRNSIssue of Equity and PDMR Dealings
20th Jan 20257:00 amRNSPurchase Order
14th Jan 20257:00 amRNSTrading Update
10th Jan 202511:16 amRNSHolding(s) in Company
7th Jan 20257:00 amRNSContract Award
17th Dec 20241:13 pmRNSHolding(s) in Company

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