The
information contained within this announcement is deemed by the
Company to constitute inside information as stipulated under the UK
version of the EU Market Abuse Regulation (2014/596) which is part
of UK law by virtue of the European Union (Withdrawal) Act 2018, as
amended and supplemented from time to time.
20 January 2025
Journeo plc
("Journeo", or the
"Company")
£1.1 m purchase order from Cardiff
Council
Journeo plc (AIM: JNEO), a leading
provider of information systems and technical services to transport
operators and local authorities is pleased to announce
a £1.1m purchase order for the provision, installation and
maintenance of high-definition real time passenger information
displays from Cardiff Council.
This purchase order builds upon the £1m award
to replace legacy 3-line LED displays announced 28 March
2023.
This new purchase order will see Journeo
replace the remaining legacy displays within the City of Cardiff
with Journeo's latest Thin Film Transistor (TFT) LCD displays,
bringing enhanced levels of real time departure, disruption and
supplementary information to bus passengers in Wales. The new
displays will connect to the Welsh Bus Data Content Management
System (WBDCMS), a nationwide platform to manage the content of
transport displays, also managed by Journeo.
Russ Singleton commented, "We are delighted
that we are able to further enhance the level of real time
transport information for residents and visitors to the capital of
Wales. Our latest open architecture displays perform
seamlessly with the nationwide content management platform to
provide users with the information they need to choose public
transport with confidence, in both Welsh and English languages."
A digital copy of this announcement will be
available on the Group's website: www.journeo.com.
For further information, please
contact:
Journeo plc
Russ Singleton/ Nick Lowe
|
+44 (0) 203 651 9166
|
Cavendish Capital Markets
Limited - Nominated Adviser and
Broker
Katy Birkin/ Callum Davidson
|
+44 (0) 207 220 0500
|
Notes to editors:
Journeo plc is a leading Intelligent Transport
Systems provider, delivering solutions in towns, cities, airports,
and the public transport networks that connect them. The Company
works extensively with local and combined authorities, Network Rail
and many of the largest multinational transport operators,
supporting them as systems converge towards a more efficient and
sustainable future.
The business has five operating
companies:
·
Journeo Fleet Systems: CCTV video surveillance to improve
passenger & driver safety, telematics for vehicle and driver
performance monitoring, real-time communications for remote
condition monitoring and automatic passenger counting.
· Journeo
Passenger Systems: design, manufacture, installation, and
management of hardware and software for electronic public transport
information systems, in and around towns, cities, ferry terminals
and airports which includes smart-ticketing and
wayfinding.
·
Infotec: design, advanced manufacture, installation and
software management of information displays hardware for rail
applications in stations, on-platform and on-vehicle.
·
Journeo AS (based in Aarhus, Denmark): full-service provider
of Intelligent Transport Systems ("ITS") with customers in Denmark,
Sweden and Iceland.
·
Journeo AB (based in Stockholm, Sweden): technical services
provider to public transport customers in Sweden.
In the last 4 years, the Company has invested
over £6 million in research and development, enabling it to design
and supply powerful innovative solutions for customers' complex
requirements and the demands of modern public transport. With an
Internet of Things ("IoT") approach and open standards, together
with field-proven and reliable engineering, Journeo is able to
offer flexible, scalable products and services that can integrate
with existing technology while preparing for future
advancements.