4th Jan 2006 10:48
UniVision Engineering Ltd04 January 2006 For release 4 January 2006 UniVision Engineering Ltd ("UniVision" or "the Group) Extension to MTR Maintenance Contract UniVision, the AIM listed Hong Kong based designer and installer of digitalsurveillance and integrated security systems, is pleased to announce anextension to its current maintenance contract with Hong Kong's metro operator,the MTR Corporation. UniVision will continue to provide maintenance support for the MTR's CCTVsystems, passenger information display and the public address systems. Thecontract is for a period of three years and is expected to contribute £1.5million in revenues over that period. The contract is open to further three yearextension. The MTR transports 2.5 million passengers on a normal weekday and is a key partof Hong Kong's public transport network. Stephen Koo, Executive Chairman of UniVision, commented, "This contractextension is particularly pleasing as it serves as testament to the quality ofthe service we provide our customers. MTR is a high profile example of the workundertaken by our company and this 3 year deal provides further visibility inour business." -ends- For further information visit www.uvel.com or contact Univision Engineering Limited +852 2389 3256Stephen Koo, ChairmanJohnny Tang, Finance Director Tavistock Communications 020 7920 3150Christian Taylor - WilkinsonMatt Ridsdale Notes to Editors: About UniVision EngineeringUniVision was incorporated in Hong Kong in 1979 and is now established in HongKong, Macau and China. The Group designs, sources and sells its own brand-nameproducts and OEM products including, Microprocessor CCTV Control Systems, VideoDistribution Amplifiers, Fibre Optic Transmission Systems and Smart Card AccessSystems. UniVision currently offers hybrid security systems and has a portfolio ofcutting edge digital technology used by its blue chip client base and the HongKong Government. UniVision is included in the Hong Kong Government's list of"Approved Suppliers and Installation of Video Electronics Equipment". To date the Group has completed high profile projects for clients including HongKong International Airport, Tsing Ma Bridge Crossing, Mass Transit Railway,Shanghai Plaza 66 and Sydney CityRail Network selling its products through itsdistribution channels in China, Taiwan and other Asian countries. The Group listed on AIM, part of the London Stock Exchange, in December 2005. About MTR CorporationEstablished in 1975, the MTR currently operates a railway network of 91.0kilometres, which includes over 120.6 km of tunnels (some route sections haveseveral tunnels). With 53 stations and carrying an average of 2.5 millionpassengers on a weekday, the MTR has been confirmed by recent benchmarkingstudies as one of the world's finest railways for safety, reliability, customerservice and cost efficiency. It provides 19 hours of passenger service daily from 6 am to 1 am, and duringthe morning peak hours, an 8-car train with a capacity for 2,500 passengers willrun at 2.1 minute intervals, carrying 70,000 passengers per hour per direction. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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