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PTO Powershares Ibbotson Alternative Completion Portfolio

0.00
0.00 (0.00%)
Name Symbol Market Type
Powershares Ibbotson Alternative Completion Portfolio AMEX:PTO AMEX Fund
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 0 -

Re Contract

26/09/2003 8:00am

UK Regulatory


RNS Number:1899Q
Photo-Scan PLC
26 September 2003



PHOTO-SCAN SIGNS MAJOR AGREEMENT TO SUPPLY SECURITY AND INFORMATION SYSTEMS ON
LONDON'S BUSES

Photo-Scan plc, the security and surveillance systems specialist, has signed a
long term partnership agreement with Crystal Eyes Ltd. to supply, install and
maintain security and information systems for buses in London and in other major
cities.

Under the agreement, both companies will work together over the next five years
to win orders for a minimum of 6,000 new installed systems on buses.  This could
generate revenues in excess of #40 million for Photo-Scan.

Over the last two years the mobile information and security systems have already
been successfully installed and operated on a number of buses in London. The
system includes closed-circuit television (CCTV) monitoring on the buses
themselves, together with global positioning system (GPS) tracking that is
capable of providing journey times and destination information to passengers on
the bus and those waiting at bus stops.

Bus drivers are able to monitor the passenger areas of their vehicles and the
bus operators can track the progress of their vehicles along their routes.
Television screens on the buses are used to provide passenger information,
entertainment and advertising whilst CCTV footage from inside the buses is
downloaded and stored in case any incidents need to be investigated
subsequently.

Crystal Eyes is a private company formed to develop the systems capable of
providing comprehensive information and security for bus operators. Under the
terms of the agreement, Photo-Scan will be the exclusive supplier for the
installation and maintenance of these systems over the next five years.  This
agreement represents the type of long term partnership sought by Photo-Scan as
part of its new business strategy announced earlier this year.


For further information

Peter Hawksworth                           John Rudofsky
Photo-Scan plc                             Helsen Communications
Tel: 01932 898500                          Tel: 020 8786 6699

Barrie Newton
Rowan Dartington & Co Ltd.
Tel: 0117 933 0011



                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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