REG - Cohort PLC - Contract Announcement

CohortAnnouncement

08/10/2018 07:05

RNS Number : 2037D
Cohort PLC
08 October 2018
 


8 October 2018
 
Cohort plc
("Cohort" or "the Group")
 
Contract Announcement
 
SEA awarded £3m Network Rail enforcement system contracts
 
Cohort, the independent technology group, is pleased to announce that its subsidiary SEA has been awarded contracts worth more than £3m by Network Rail to supply and install its Metro Red Light enforcement system at selected level crossing sites.
 
Metro Red Light has been developed by SEA to support Network Rail's drive to improve safety at level crossings. The system uses video analytics to detect and capture evidential images and video of any vehicle which crosses a level crossing while the red lights are activated. The system has been proven at a number of sites where it has successfully reduced offending.
 
Under these contracts SEA will deliver and install over 30 systems at selected level crossings.
 
Andy Thomis, Chief Executive of Cohort, said:
"The Metro Red Light system is the latest member of SEA's successful Roadflow family and it builds on our experience of delivering over 750 traffic enforcement systems in the UK and overseas.  This contract award, together with other recent wins, enhances the visibility of future Group revenue."
 
Ends
 
For further information, please contact:













Cohort plc


0118 909 0390




Andy Thomis, Chief Executive








Simon Walther, Finance Director


















Investec Bank Plc


020 7597 5970




Keith Anderson / Daniel Adams


















MHP Communications


020 3128 8771




Reg Hoare / Ollie Hoare







 
NOTES TO EDITORS
Cohort plc (www.cohortplc.com) is the parent company of four innovative, agile and responsive businesses based in the UK and Portugal, providing a wide range of services and products for domestic and export customers in defence and related markets.
 
MASS is a specialist defence and technology business, focused on electronic warfare, information systems and cyber security.  Acquired by Cohort in August 2006. www.mass.co.uk
 
MCL - an expert in sourcing, design and integration of communications and surveillance technology, as well as support and training for UK end users including the MOD and other government agencies. MCL has been part of the Group since July 2014. www.marlboroughcomms.com
 
SEA is an advanced electronic systems and software house operating in the defence, transport and offshore energy markets. Acquired by Cohort in October 2007.
www.sea.co.uk
 
EID designs and manufactures advanced communications systems for the defence and security markets. Cohort acquired a majority stake in June 2016.  www.eid.pt
 
Cohort (AIM: CHRT) was admitted to London's Alternative Investment Market in March 2006. It has its headquarters in Berkshire and employs in total around 800 core staff there and at its other operating company sites in Bristol, Cambridgeshire, Devon, Lincolnshire, Somerset, Surrey, Scotland and Portugal.




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