23rd Nov 2006 07:02
Telent PLC23 November 2006 Press enquiries:National & Financial Press tel+44 (0) 207 8364352; email: [email protected] Press tel: +44 (0)7809 221 012; email: [email protected] Investor and Analyst enquiries:tel: +44 (0) 207 8364352; email: [email protected] telent wins Highways Agency communications contract London - 21 November 2006 - telent plc (LSE: TLNT) has been awarded a five-yearcontract by the Highways Agency for the maintenance management, renewal andimprovement of roadside communications networks in the North-West of England.The Technology Managing Agent/Contractor (TechMAC) contract will cover themotorway and part of the trunk road network across Cheshire, Lancashire,Cumbria, Merseyside and Manchester. telent has booked an initial firm order ofapproximately £12 million in relation to this TechMAC contract and expects toreceive further variations throughout the 5 year duration. telent has partnered with Atkins in an unincorporated joint venture known as RTS(Roadside Technology Services) to deliver the contract. This is the secondcontract awarded to the partnership: in April 2004 telent and Atkins tookresponsibility for the West Midlands TechMAC. "We have been extremely impressed with telent's performance," said a ServiceManager at the Highways Agency. "telent's commitment to providing a first classservice has already resulted in significant cost savings through increasedefficiency in all of our Highways Agency contracts; we are confident that theseresults will be further improved in the North West TechMAC The North-West TechMAC will be managed from the Highways Agency Manchesteroffice, with RTS operating from their base in Chorley, Lancashire. The NorthWest is the first RCC centric TechMAC contract and is therefore a flagship forthe Highways Agency. "The award of the North-West TechMAC is a great endorsement of the faith thatthe Highways Agency has in telent and Atkins trading as RTS," said Mark Plato,Chief Executive Officer of telent. "The departure from remedial fault reportingand repair to a performance related contract is proving highly successful withinour West Midlands TechMAC and we will be migrating and further developing thissuccessful formula to the North-West. It is a considerable responsibility forus to manage the maintenance of approximately 25% of the Highways Agency'stechnology assets within this region and 40% nationally. This illustrates howcustomers can have confidence in outsourcing their technology and communicationsrequirements to telent who will work with the best partners, such as Atkins, toprovide the best solutions." RTS will commence operation of the North-West TechMAC contract from 4th December2006. -end- About telent plc: telent plc supplies a broad range of telecommunication and IT network servicesto enterprises, equipment vendors, public sector organisations and networkoperators in the UK, Ireland and Germany, leveraging its accumulated knowledgeof customers' networks, its expert field force, its scale and reputation forquality. The company is listed on the London Stock Exchange under the symbol TLNT.Additional information about telent plc can be found at http://www.telent.com/. Copyright (c) 2006 telent plc. All rights reserved. All brands or product namesare trademarks of their respective holders. About Atkins Atkins (www.atkinsglobal.com) plans, designs and enables the delivery of complexcapital programmes for clients in the public and private sectors across theglobe. Atkins is the largest multidisciplinary consultancy in Europe; thelargest engineering consultancy in the UK; and the world's third largest designfirm. It is possible that this announcement could or may contain forward-lookingstatements that are based on current expectations or beliefs, as well asassumptions about future events. These forward-looking statements can beidentified by the fact that they do not relate only to historical or currentfacts. Forward-looking statements often use words such as anticipate, target,expect, estimate, intend, plan, goal, believe, will, may, should, would, couldor other words of similar meaning. Undue reliance should not be placed on anysuch statements because, by their very nature, they are subject to known andunknown risks and uncertainties and can be affected by other factors that couldcause actual results, and telent's plans and objectives, to differ materiallyfrom those expressed or implied in the forward-looking statements. There are several factors which could cause actual results to differ materiallyfrom those expressed or implied in forward looking statements. Among the factorsthat could cause actual results to differ materially from those described in theforward-looking statements are delays in obtaining, or adverse conditionscontained in regulatory approvals, competition and industry restructuring,changes in economic conditions, currency fluctuations, changes in interest andtax rates, changes in energy market prices, changes in laws, regulations orregulatory policies, developments in legal or public policy doctrines,technological developments, the failure to retain key management, or the keytiming and success of future acquisition opportunities. telent undertakes no obligation to revise or update any forward lookingstatement contained within this announcement, regardless of whether thosestatements are affected as a result of new information, future events orotherwise, save as required by law and regulations. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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