Petards Regulatory News (PEG)

25 Jul 2007 13:13

Petards Group PLC25 July 2007 Petards Group plc ("Petards" or "the Company") Contract award Petards, the AIM listed developer of advanced surveillance systems, announcesthat it has been awarded a contract by Bombardier Transportation to supply andinstall Petards eyeTrainTM on-board digital CCTV systems for Class 465 and 466 "Networker" trains. The contract, which is worth in excess of £2m, is for the supply andinstallation of eyeTrainTM systems that are to be fitted to 286 vehicles ownedby Angel Trains. Deliveries are expected to commence towards the end of 2007and will continue throughout 2008. In addition Petards will be fitting its newhigh definition mega-pixel cameras that integrate into the eyeTrainTM recordingsystem. These cameras are used to capture the view from the driver's cab toassist in the investigation of trackside incidents. Petards Chief Executive Bill Conn said "We are delighted to have secured thiscontract which again demonstrates the value of our broad based supply,installation and service capability. It also reinforces eyeTrain's strongposition in the market place and Petards commitment to continually develop theproduct as a platform to provide solutions sought by our customers, such as theintegration of forward facing cameras". For further information: Petards Group plc Parkgreen CommunicationsAndy Wonnacott, Finance Director Paul McManusTel: 01932 788 288 Tel: 020 7479 7933 or Mob: 07980 541 893www.petards.com paul.mcmanus@parkgreenmedia.com Editor's Notes: About Petards Petards has been providing on-board CCTV systems to the rail industry for nearlyten years. Its latest generation of on-board CCTV system, eyeTrainTM waslaunched in 2006, is rail-proven and fully digital, with superb image qualityand terabyte storage capacity. It captures video from the seating and doorwayareas of passenger vehicles to clearly identify any offenders. eyeTrainTM alsolinks to other train sub-systems that can include automatic passenger counting,alarms, entertainment, public address and information systems. High definitionmega-pixel cameras can be added to capture the view from the driver's window - avital piece of evidence for investigations into trackside incidents. About Bombardier Transportation Bombardier Transportation has its global headquarters in Berlin, Germany with apresence in over 60 countries. It has an installed base of over 100,000 vehiclesworldwide. The Group offers the broadest product portfolio and is recognized asthe leader in the global rail sector. About Bombardier A world-leading manufacturer of innovative transportation solutions, fromregional aircraft and business jets to rail transportation equipment, systemsand services, Bombardier Inc. is a global corporation headquartered in Canada.Its revenues for the fiscal year ended Jan. 31, 2007, were $14.8 billion US, andits shares are traded on the Toronto Stock Exchange (BBD). News and informationare available at www.bombardier.com. This information is provided by RNS The company news service from the London Stock Exchange