REG - Journeo PLC - Contract Award

JourneoAnnouncement

07/01/2025 07:00

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RNS Number : 3163S  Journeo PLC  07 January 2025

The information contained within this announcement is deemed by the Company to
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time.

7 January 2025

Journeo plc

("Journeo", or the "Company")

 

 £1.4m contract award from Stoke City 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 £1.4m contract award for the supply and support of real time
passenger information technology and software from Stoke City Council as part
of its £10m Bus Service Improvement Plan, funded by the Department for
Transport.

The contract extends the provision of digital access to scheduled and real
time departure information across the city's transport network and includes
delivery, installation and maintenance of Journeo's latest double-sided Thin
Film Transistor (TFT) displays to key transport corridors within the region,
to further support the promotion of public transport services.

The TFT displays will include discreet, pinhole CCTV to protect the assets and
improve safety for lone passengers, and those travelling at night.

Journeo will also be supplying innovative infrastructure-free real time
information QR codes, which enable passengers with an internet connected
device to scan a code to receive the latest dynamic scheduled and real time
passenger information.

Russ Singleton commented, "We are delighted to continue our relationship with
Stoke City Council.  Not only will residents and visitors to key transport
corridors benefit from the enhanced experience of safe public transport
coupled with real time departure information, our innovative solutions are
helping our customers better understand where to target future investment to
get the most value."

A digital copy of this announcement will be available on the Group's website:
www.journeo.com (http://www.journeo.com/) .

 

For further information, please contact:

 Journeo plc                                                       +44 (0) 203 651 9166

Russ Singleton/ Nick Lowe
 Cavendish Capital Markets Limited - Nominated Adviser and Broker  +44 (0) 207 220 0500

Katy Birkin/ Callum Davidson

 

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.

 

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