JOURNEO PLC

Management Reports • Oct 8, 2014

National Storage Mechanism | Additional information

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RNS Number : 7349T

21st Century Technology PLC

08 October 2014

8 October 2014

21st Century Technology plc

("21stCentury", "the Company" or "the Group")

Contract Award

21st Century Technology plc (AIM: C21), the specialist service providers of CCTV and monitoring systems to the fleet and network operators in the bus and rail industries, today announces that it has been awarded a four year contract worth 12.6m SEK (approximately £1.1m) by one of the largest passenger transport operators in Sweden to support on-vehicle mobile surveillance, safety and communication systems across their fleet in Stockholm.

In parallel with the above, the Framework Agreement for the supply, installation and maintenance of systems has been extended by two and a half years to be co-terminus at August 2018.

Commenting on the contract win 21st Century's Chief Executive, Russ Singleton, said: "We are delighted that our Swedish based team have been selected to continue our relationship with this major client and look forward to supporting them on over 850 Stockholm buses in the coming years."

Enquiries:

21 Century Technology plc	Russ Singleton/Glenn Robinson	Tel: 0844 871 7990
finnCap Limited
Nominated Adviser	Julian Blunt/Henrik Persson	Tel: 0207 220 0500
Corporate Broking Media enquiries	Malar Velaigam
Communications Portfolio	Ariane Comstive/Helen Carpanini	Tel: 07785 922354

Notes to editors:

21st Century Technology plc's (AIM: C21) principal activities are the provision of CCTV and monitoring systems to the fleet and network operators in the bus and rail industries. The Group's business model is in transition; from providing individual solutions for the supply and installation of CCTV, telematics and monitoring systems, towards highly integrated on-board technologies with connected & web based back-office software management applications.

The Group is currently preferred suppliers of mobile CCTV to two of the UK's largest bus operators; Arriva UK Bus & First Group UK Bus. It also provides installation, maintenance & support services to Keolis and Arriva in Stockholm, Sweden and is deploying a novel passenger comfort-oriented driver behaviour system to Keolis throughout France.

In the rail sector, 21st Century has also recently gained new customers; including GB Rail Freight and one of the UK's leading train operating companies.

These strengthening client relationships demonstrate the growing adoption of the 21st Century's systems in the bus and rail market, supporting the Group's multi-modal approach to servicing fleet customers throughout the UK and into Continental Europe.

The Group was admitted to trading on AIM in 2005.  

This information is provided by RNS

The company news service from the London Stock Exchange

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