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APN Appian

0.85
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Appian LSE:APN London Ordinary Share GB0009613786 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.85 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Maltese Congestion Charge System Accreditation

13/06/2008 7:01am

RNS Non-Regulatory


    
  Appian Technology PLC
  13 June 2008
   

    Appian Technology plc / Ticker: APN / Market: AIM / Sector: Technology
    13 June 2008
    Appian Technology plc ('Appian' or 'the Company')

    Maltese Congestion Charge System Accredited by European Local Transport Information Service

    Appian Technology plc, the AIM listed provider of Automatic Number Plate Recognition systems ('ANPR') and traffic management products
and solutions, is pleased to announce that the Controlled Vehicular Access ('CVA') system in Valletta, Malta, in which Appian has a 30%
interest, was voted best case study of 2007 by the European Local Transport Information Service (www.eltis.org).  The scheme has generated
interest in other European countries where policymakers are evaluating the possibility of introducing similar systems in major towns and
cities. The scheme is also being presented at the European Local and Regional Government Finance Conference meeting in Rome. 

    The CVA system, launched in Valletta in May 2007, uses Appian's Talon ANPR system and Cobra cameras to take photos of vehicles as they
enter and exit a charging zone so that vehicle owners get billed according to the duration of their stay. With an estimated 80,000 vehicles
accessing Valletta, spending an average of 2.5 hours a day in the city, the CVA system creates more short-term parking by making it
expensive for long-stay parking and offers a free Park and Ride service as an alternative.  Residents have unrestricted access. 


    Appian Chairman Pat Ryan said, *We are delighted to be intimately involved in this very successful scheme, which has been recognised for
its outstanding ability to dramatically help traffic congestion problems in Valletta. The 10-year contract to run the congestion charging
scheme in Malta is only in its first year. With considerable interest being generated across Europe, the consortium which runs the scheme
and in which Appian holds a 30% interest, proposes to roll out this initiative on a worldwide basis.*



    * * ENDS * *

    For further information visit www.appian-tech.com or contact:
    Pat Ryan               Appian Technology plc              Tel: 01628 554 754
    Hugo de Salis        St. Brides Media & Finance      Tel: 020 7236 1177
    Tom Griffiths         Arbuthnot Securities                  Tel: 020 7012 2000    

    Notes to Editors:

    Appian Technology plc is a leading provider of Automated Number Plate Recognition (ANPR) based enforcement, crime reduction, counter
terrorism and traffic management systems and products. It provides products to a diverse growing global market, helping both governments,
local authorities, national and international police forces and commercial organisations in all aspects of security, surveillance and
traffic management.

    Appian's key products include the world leading Talon ANPR solution as well as the recently launched Cobra and Stinger range of ANPR
products.  The Cobra ANPR camera has the unique capability of reading vehicle license plates at a range of 45 metres whilst the Stinger ANPR
camera can be used on both mobile and road side applications. The Company has an active R&D department, which continues to develop and
customise new products for international markets.

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