Petards Regulatory News (PEG)

15 Dec 2009 07:00



Petards Group plc ("Petards")

Contract win from Bombardier Transportation

Petards, the AIM quoted developer of advanced security and surveillance systems, announces that it has secured orders to supply Bombardier Transportation ("Bombardier") with Petards eyeTrain® on-board digital CCTV systems for new BOMBARDIER ELECTROSTAR Electrical Multiple Unit (EMU) trains.

Petards eyeTrain® has been selected by Bombardier to be fitted to the 30 new four-car BOMBARDIER ELECTROSTAR EMU trains that they are building which will operate on the Stansted Express services between Stansted Airport and London city. The new trains are part of the UK's Department for Transport campaign to ease over-crowding on the rail network in the south of England. The value of the orders total over £1.5m and deliveries are expected to commence mid 2010 and to be completed during 2011.

Commenting on the orders, Petards Chief Executive Bill Conn said "We are extremely pleased to have secured this work and are looking forward to helping Bombardier deliver a world class solution on this prestigious project. 

While we have worked with Bombardier on many previous occasions, these orders are particularly pleasing as this is the first time that we will have provided equipment to them on new build trains rather than on refurbishment projects which have dominated the UK market in recent years."

For further information:

Editor's Notes:

About Petards

Petards has been providing on-board CCTV systems to the rail industry for a decade. Its latest generation of on-board CCTV system, eyeTrain®, is rail-proven and fully digital, with superb image quality and terabyte storage capacity. It captures video from the seating and doorway areas of passenger vehicles to clearly identify any offenders. eyeTrain® also links to other train sub-systems that can include automatic passenger counting, alarms, entertainment, public address and information systems. Forward facing cameras can be added to capture the view from the driver's window - a vital piece of evidence for investigations into trackside incidents. News and information are available at www.petards.com.

About Bombardier Transportation

Bombardier Transportation has its global headquarters in Berlin, Germany with a presence in over 60 countries. It has an installed base of over 100,000 vehicles worldwide. The Group offers the broadest product portfolio and is recognized as the leader in the global rail sector.

About Bombardier

A world-leading manufacturer of innovative transportation solutions, from commercial aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2009, were $19.7 billion US, and its shares are traded on the Toronto Stock Exchange (BBD). Bombardier is listed as an index component to the Dow Jones Sustainability World and North America indexes. News and information are available at www.bombardier.com.

BOMBARDIER and ELECTROSTAR are trademarks of Bombardier Inc. or its subsidiaries.