REG - Journeo PLC - Purchase Order

JourneoAnnouncement

19/06/2025 07:00

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RNS Number : 4757N  Journeo PLC  19 June 2025

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19 June 2025

Journeo plc

("Journeo", or the "Company")

 

 $2.7m purchase order for New York Subway platform display systems

Journeo plc (AIM: JNEO), a leading provider of information systems and
technical services to transport operators and local authorities is pleased to
announce its subsidiary Infotec has received a $2.7 million purchase order
from Outfront Media Group ("OFM") to supply display systems for the New York
City Metropolitan Transportation Authority ("MTA").

The MTA is North America's largest transportation network, comprising 472
stations, 665 miles of track and has an  annual ridership of over 2 billion
throughout New York City, Long Island, southeastern New York State, and
Connecticut.

OFM are listed on the New York Stock Exchange (NYSE: OUT) and are one of
America's most innovative media companies with high profile capabilities
throughout the New York City subway and many other subway and rail stations
across the USA.

The purchase order is for the manufacture and supply of double sided and
single sided high-definition, wide aspect ratio passenger information
displays, using core Journeo technology, for installation on station
platforms. Project management will be provided by OFM to oversee the
installation of these displays across MTA stations. Installation is due to
commence in the fourth quarter of this year and continue throughout H1 2026.

Russ Singleton commented, "I am delighted with the growing relationship
between OFM, the MTA and Journeo.  This award builds upon our previous
success with on-train display solutions in New York and marks the first
purchase order for the supply of our innovative station platform displays in
the United States. Our ability to meet OFMs and MTAs unique needs for agile
and secure systems for critical transport infrastructure demonstrates the
continued support we are able to provide to our clients overseas, alongside
those in the UK.

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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