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Contract Win

26 Mar 2018 07:00

RNS Number : 8347I
Synectics PLC
26 March 2018
 

 

 

26 March 2018

 

 

 

Synectics plc

(the "Company")

 

Synectics wins contract for European metro trains

 

Synectics plc (AIM:SNX), a leader in the design, integration, control and management of advanced surveillance technology and networked security systems, announces it is to supply networked video recording solutions for a fleet of new metro trains set to service a major German city, with an initial contract value in excess of €1 million. This win furthers the Company's strategy of extending its strong footprint in the UK bus market into light rail and internationally.

 

The state-of-the-art fleet is being introduced in the German city between 2018 and 2021 to replace and supplement existing vehicles on one of Europe's busiest and rapidly expanding metro systems. Specified by Siemens on behalf of the metro system operator, each train will feature the latest evolution of Synectics' robust on-vehicle recording system, featuring built-in diagnostics to quickly identify and alert the operator of any potential issues.

 

Paul Webb, Chief Executive of Synectics, said: "The transport market is increasingly seeking technology to provide integrated security and surveillance solutions that deliver longevity. This contract reflects our commitment to developing tailored solutions that will evolve to meet changing needs, with a system that is enabled to support analytics and telematics integration."

 

 

For further information, please contact:

Synectics plc

Paul Webb, Chief Executive

Tel: +44 (0) 1527 850 080

www.synecticsplc.com

 

Mike Stilwell, Finance Director

email: info@synecticsplc.com

 

 

Stockdale Securities

Tom Griffiths / Henry Willcocks

 

Tel: +44 (0) 20 7601 6100

 

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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Date   Source Headline
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15th Sep 20057:04 amRNSFinal Results
8th Sep 20054:10 pmRNSNotice of Results
5th Aug 200511:18 amRNSDirectorate Change
24th Jun 20058:54 amRNSAllotment of shares
21st Jun 200511:22 amRNSAllotment of Shares
23rd May 20054:19 pmRNSHolding in Company
17th May 20054:28 pmRNSDirector Shareholding
16th May 200511:42 amRNSIssue of Shares
4th May 20059:00 amRNSHoldings in Company
3rd May 20052:42 pmRNSDirector Shareholding
22nd Apr 200512:55 pmRNSAcquisition
11th Feb 20054:55 pmRNSHolding in Company
7th Feb 20052:14 pmRNSHolding(s) in Company
31st Jan 20057:01 amRNSInterim Results
24th Jan 20055:21 pmRNSNotice of Results
7th Jan 20054:13 pmRNSDirectorate Change

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