16th Sep 2013 07:00
16 September 2013
21st Century Technology plc
("21st Century" or "the Company" or "the Group")
21st Century Selected by GB Rail Freight for £0.4m Contract
Supplying on board forward facing CCTV cameras for one of the UK's leading rail freight companies
21st Century, the supplier and installation service provider of public transport CCTV and vehicle monitoring systems, today announces that it has been awarded a contract worth £0.4m by GB Railfeight to install forward facing CCTV cameras for deployment in drivers' cabs in 50 of its Class 66 trains.
GB Railfreight, which is owned by Eurotunnel, is one of the UK's leading rail freight companies. It operates around 650 trains a week in the UK and is the main transporter of coal on the rail network and the only rail freight company with regular contracts to move biomass. Its wide ranging business portfolio also includes intermodal traffic including steel, infrastructure materials, rail industry services, construction material, petrochemicals and metals.
The majority of the contract is expected to be delivered in the current year with the remainder in the first quarter of 2014.
Commenting on the contract win 21st Century's Chief Executive, Wilson Jennings, said: "We are particularly pleased to have been awarded this business on the back of our successful contract to install forward facing CCTV across the CrossCountry franchise last year. Forward facing CCTV is proving to be an invaluable tool in investigating signalling issues, level crossing, on-track and track side incidents including theft, vandalism and graffiti. Having established a good working relationship with Network Rail as well as several train operating companies, we are hopeful that we can win further new business in the rail sector which complements our existing activities in the on bus CCTV market."
Ends
Enquiries:
21 Century Technology plc |
Wilson Jennings |
Tel: 0203 651 9172 |
www.21stplc.com | CEO | |
finnCap Limited | Tel: 0207 220 0500 | |
Nominated Adviser | Matt Goode/Henrik Persson | |
Corporate Broking | Tom Jenkins/Simon Starr | |
MHP Communications | Barnaby Fry/Vicky Watkins | Tel: 020 3128 8100 |
Notes to editors:
21st Century Technology plc (AIM: C21), a leading supplier of public transport CCTV and other monitoring systems, was admitted to trading on AIM, a market operated by the London Stock Exchange, in 2005.
21st Century is the preferred supplier of on-board CCTV systems for Arriva UK Bus, FirstGroup UK Bus and Keolis Sverige AB in Stockholm.
The Company has pioneered the use of WiFi with on-board CCTV systems and Transport for London commissioned the Company to undertake a trial of 'LiveView' - a system which transmits live CCTV pictures from on board the bus to a public transport and police control centre. 21st Century was also the first company to successfully launch Automatic Video Downloads and a bus CCTV monitoring system (HeartbeatTM) which allow the CCTV manager to remotely download CCTV footage from the bus to his computer and check that all the CCTV systems fitted to his buses are fully operational, without leaving his desk. The company's passenger counting systems utilise active infrared sensors at every exit/entry point or overhead cameras linked to the ticket machine to enable bus operators to analyse specific bus route ticket sales and passenger numbers.
21st Century's EcoManager product has made a significant contribution to sales since its launch in July 2008. The EcoManager black-box system is aimed at reducing fuel and maintenance costs, reducing emissions and improving safety for bus operators by monitoring individual driving styles. Following a successful trial in 2009, Arriva UK committed to install the device on all their new buses and to retrofit a large proportion of their existing fleet. Later that year Arriva North West and Merseytravel won the industry recognised Alexander Dennis Award for Innovation following their installation of the EcoManager system which yielded fuel savings of up to 12%, associated CO2 emission reductions and a 62% reduction in accidents. This was followed in 2010 with a driver safety award for EcoManager presented by the road safety charity, Brake and in 2011; Arriva Wirral was presented with the Environmental Award by Wirral Investment Network in recognition of the environmental benefits achieved by the company as a result of the installation of EcoManager to its fleet of buses. For further information go to www.getecomanager.com.
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