21st Century Technology PLC Re: Contract (0217I)

TIDMC21

RNS Number : 0217I

21st Century Technology PLC

16 March 2018

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

16 March 2018

21st Century Technology plc

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

Major technology upgrade award for GBP0.4m on-board systems

21(st) Century Technology plc (AIM: C21), the specialist provider of tailored solutions to the transport community, solving complex operational requirements both on and off vehicle, is pleased to announce a contract award worth approx. GBP0.4m for the provision of high definition on-board visual systems technology from a large public transport operator as part of a major upgrade to their bus fleet. In addition, it is anticipated that associated engineering and technical services will increase the total value of this work to GBP0.6m which is scheduled to complete during 2018.

21(st) Century has been providing technical support and engineering services to this operator since 2015 and under this contract will provide the latest open-platform, standards-based, on-board IT equipment along with high-performance camera systems to deliver a seamless integration and upgrade path whilst meeting the challenging requirements of public transport operation.

Russ Singleton, Chief Executive Officer, said: "I am delighted this world-class, multi-modal operator has chosen us to provide the next generation on-board IT and vision systems as they commence a major technology upgrade to their fleets. We have placed a dedicated engineering team locally, supported by our nationwide customer services, R&D and software developers who are all committed to providing first-class customer service experience. As a result, whether on bus, coach or trains or the associated passenger information systems in the towns & cities, we have the resources and capabilities to deliver a fast, efficient and high-quality service".

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

Enquiries:

 
21st Century Technology       Russ Singleton/Nick       Tel: [phone] 
 plc                           Lowe                      7990 
finnCap 
Nominated Adviser             Julian Blunt/Scott        Tel: [phone] 
                               Mathieson                 0500 
Media enquiries 
Communications                Ariane Comstive /         Tel: 07785 
 Portfolio                     Helen Carpanini           922 354/ 
                                                         0207 536 2007 
 

Notes to editors:

'Connected Systems for Connected Journeys'

21st Century Technology is the specialist provider of tailored solutions to the transport community, solving complex operational requirements both on and off the vehicle. Comprised of a Fleet Systems division and a Passenger Systems division, 21st Century Technology provides integrated solutions both on and off the vehicle to deliver 'connected systems for connected journeys'.

Fleet Systems: 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: include the design & manufacture of all the necessary hardware and software for electronic passenger information systems, off-vehicle smart ticketing and way-finding.

With over 20 years' experience in the transport industry, 21st Century Technology specialises in providing innovative, cost-effective technology lead solutions to improve the passenger experience and provide operational benefits to fleet and network operators.

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 company news service from the London Stock Exchange

END

CNTEADDKFAPPEFF

(END) Dow Jones Newswires

March 16, 2018 09:30 ET (13:30 GMT)