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C21 21st Century Technology Plc

4.25
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
21st Century Technology Plc LSE:C21 London Ordinary Share GB0008866310 ORD 6.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 4.25 4.00 4.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

21st Century Technology PLC 3-year contract renewal with Arriva UK Bus (7677Z)

22/05/2019 7:00am

UK Regulatory


21st Century Technology (LSE:C21)
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TIDMC21

RNS Number : 7677Z

21st Century Technology PLC

22 May 2019

22 May 2019

21st Century Technology plc

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

3-year contract renewal with Arriva UK Bus

21st Century Technology plc (AIM: C21), the specialist provider of integrated systems and software to the passenger transport markets, solving complex operational requirements 'on-board' vehicles and the associated 'in-street' information delivery infrastructure, is pleased to announce a 3-year contract extension to an existing framework agreement with Arriva UK Bus ("Arriva") through to April 2022, with the option of an additional 1-year extension through to April 2023 at the discretion of Arriva.

Under the terms of the framework agreement, 21(st) Century will continue to provide high definition CCTV systems and nationwide engineering support, along with technical design, new technology evaluation and project management services.

About Arriva

Arriva UK Bus has a fleet of over 5,200 buses and is the UK's third largest bus operator outside of London, with over 15% market share. In London, 1,600 buses provide approximately 17% of the capital's bus services and 3,600 buses provide vital regional bus services. The safety critical CCTV and associated on-board IT systems provided by 21(st) Century assist Arriva in protecting passengers, drivers and members of the public whilst enhancing the passenger travel experience.

Arriva UK Bus is part of the Arriva Group, owned by Deutsche Bahn, which has transport operations across 14 European countries. 21(st) Century have been providers of on-board CCTV and related IT technologies to Arriva UK Bus since 2002 and have continued to maintain and support their systems throughout. High levels of performance and reliability are achieved through an on-line web service and call-centre, coordinating a network of engineering teams working nationwide in depots across the UK.

Russ Singleton, Chief Executive Officer of 21(st) Century, said: "We are delighted that Arriva UK Bus has chosen 21(st) Century to continue to supply and support their safety critical on-board CCTV and associated IT systems by extending our relationship through this framework contract renewal. We continue to invest in the development of innovative technologies, services and software as part of our drive to continuously improve systems reliability and performance, at the same time as reducing whole life-cycle costs for all our customers."

A digital copy of this announcement will be available on the Group's website: www.21stplc.com

Enquiries:

 
21st Century Technology        Russ Singleton/Nick Lowe            Tel: 0844 871 7990 
 plc 
finnCap 
Nominated Adviser              Scott Mathieson/Edward Whiley       Tel: 0207 220 0500 
Media enquiries 
Communications Portfolio       Ariane Comstive                     Tel: 07785 922 
                                                                    354 
 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 ("MAR").

Notes to editors:

'Connected Systems for Connected Journeys'

21st Century Technology is the specialist provider of integrated systems and software to the transport community, solving complex operational requirements 'on-board' vehicles and the associated 'in-street' information delivery infrastructure. Comprising a Fleet Systems division and a Passenger Systems division, 21st Century's innovative IoT solutions are 'connecting systems for connected journeys'.

Fleet Systems solutions include CCTV video surveillance to improve passenger & driver safety, vehicle & driver performance monitoring, real-time on-board IT subsystems management and automatic passenger counting.

Passenger Systems solutions include design, manufacture, installation and management of all the hardware and software for electronic passenger information systems, smart-ticketing and wayfinding.

With over 20 years' experience in the passenger transport industry, 21st Century specialises in creating innovative, cost-effective technology-led solutions to safely enhance the passenger travel experience whilst delivering real operational benefits to vehicle manufacturers, fleet operators, transport networks and local authorities.

Further information on the company is available on www.21stplc.com or search for 21st Century Technology on LinkedIn and @21stCenturyLtd on Twitter.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

May 22, 2019 02:00 ET (06:00 GMT)

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