This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 ("MAR").
22 July 2019
21st Century Technology plc
("21st Century" or "the Group")
Enhanced Infrastructure Framework Agreement contract awards with
West Midlands Combined Authority (WMCA)
Contract awards: Birmingham City Centre and Sprint Bus Rapid Transit Corridors
21st Century Technology plc (AIM: C21), the specialist provider of integrated systems and software to the passenger transport markets,is pleased to announce it has secured contract awards with West Midlands Combined Authority (WMCA), valued at approximately £0.8m.
The awards include works to enhance existing passenger information displays throughout Birmingham City centre, valued at £0.3m within the current year, and the installation of new passenger information displays and public Wi-Fi for the first of the new Sprint Bus Rapid Transit (BRT) corridors valued at £0.5m commencing in 2020.
In the current financial year, 21st Century will deliver upgraded technology to Birmingham City Centre passenger information totems, replacing orange-LED displays with new, multi-colour LEDs; believed to be the first of their kind deployed in the UK transport market.
The award also includes the provision of 21st Century's integrated technology to the first tranche of the new contemporary design bus shelters, being deployed throughout the West Midlands, specifically for the Sprint BRT corridors; enhancing transport infrastructure in the region. As part of the works, which are due to commence in H1 2020, 21st Century will be installing advanced displays and communications technologies. The framework allows WMCA to select from a number of additional options for application in the shelters, which would see the value increase.
The Sprint project is being managed by Transport for West Midlands (TfWM), the public body responsible for coordinating transport services on behalf of WMCA. The SPRINT network will eventually be made up of seven routes, the first tranche covering three routes.
Russ Singleton, Chief Executive Officer, said: "We are absolutely delighted to be working so closely with TfWM and WMCA to deliver pioneering projects as Birmingham prepares itself for the world's focus during the 2022 Commonwealth Games. The projects awarded to us are built around technologies developed by 21st Century and give the authority the option to deploy a number of our new and innovative systems that could help revolutionise accessibility and promote the Sprint services, encouraging the use of passenger transport throughout the West Midlands region".
A digital copy of this announcement will be available on the Groups website: www.21stplc.com
Tel: 0844871 7990
Tel: 0207220 0500
Tel: 07785 922 354
21st Century Technology is the specialist provider of integrated systems and software to the transport community, solving complex operational requirements 'on-board' vehicles and the associated 'in-street' information delivery infrastructure. Comprising a Fleet Systems division and a Passenger Systems division, 21st Century's innovative IoT solutions are 'connecting systems for connected journeys'.
FleetSystems solutions include CCTV video surveillance to improve passenger & driver safety, vehicle & driver performance monitoring, real-time on-board IT subsystems management and automatic passenger counting.
PassengerSystems solutions include design, manufacture, installation and management of all the hardware and software for electronic passenger information systems, smart-ticketing and wayfinding.
With over 20 years' experience in the passenger transport industry, 21st Century specialises in creating innovative, cost-effective technology-led solutions to safely enhance the passenger travel experience whilst delivering real operational benefits to vehicle manufacturers, fleet operators, transport networks and local authorities.
Further information on the company is available on www.21stplc.com or search for 21st Century Technology on LinkedIn and @21stCenturyLtd on Twitter.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
Create your account: sign up and get ahead on news and events
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...