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DTI GROUP LTD — Capital/Financing Update 2020
Apr 14, 2020
64790_rns_2020-04-14_83e1e454-1127-40bc-801b-a6659fdc1ba9.pdf
Capital/Financing Update
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ASX announcement
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14 April 2020
Contract Award
DTI Group Ltd (ASX: DTI) (DTI) is pleased to announce the successful significant contract award by Alstom India Limited for the design, manufacture and supply of a public address, closed circuit television and information system (PACIS) in support of the Sydney Metro Southwest rail project.
The contract covers the equipment, software and project support associated with the delivery of the initial 23 x 6 car base option to be delivered within the next 18 months, and the option of an additional 14 x 6 car extension.
The expected revenue to be derived over the next 18 months is in excess of AUD$11 million.
For further information please contact Matthew Strack, Chief Executive Officer: [email protected]
This ASX announcement has been approved for release by Greg Purdy – Chairman.
About DTI Group
DTI develops and provides world-leading surveillance, video analytics, and passenger information systems technology and services to the mobile transit industry worldwide.
DTI’s clients include transit agencies, vehicle operators, vehicle manufacturers, and law enforcement agencies which utilise our range of professional products and services that encompass on-board recording equipment, passenger information equipment, fleet management systems, back-end mass storage and retrieval facilities and end-to-end managed services.
DTI is a recognized supplier to the mass transit surveillance market. Core technology development and system design activities are undertaken from the Company’s headquarters in Perth, Australia.
DTI Group | ABN 15 069 791 091
31 Affleck Rd | Perth Airport WA 6105 T +61 8 9479 1195 | F +61 8 9479 1190