By Duncan Ferris
Date: Friday 16 Mar 2018
LONDON (ShareCast) - (ShareCast News) - Transport solutions specialist 21st Century Tech announced a contract worth £0.4m to supply high definition on board visual systems to a major public transport operator on Friday.
The contract will represent a considerable upgrade for the transport operator and is anticipated to include engineering and technical services relating to the purchase which could bring the total value of the contract to £0.6m.
Russ Singleton, chief executive of 21st Century Tech, said: "I am delighted this world-class, multi-modal operator has chosen us to provide the next generation on-board IT and vision systems as they commence a major technology upgrade to their fleets. We have placed a dedicated engineering team locally, supported by our nationwide customer services, R&D and software developers who are all committed to providing first-class customer service experience."
21st Century Tech provides services including CCTV video surveillance, vehicle & driver performance monitoring, real-time on-board IT subsystems management and automatic passenger counting as part of its fleet systems operations as well as electronic passenger information systems, off-vehicle smart ticketing and way-finding.
"Whether on bus, coach or trains or the associated passenger information systems in the towns & cities, we have the resources and capabilities to deliver a fast, efficient and high-quality service," said Singleton.
As of 1434 GMT, 21st Century Tech's shares were up 10% at 2.75p.
Email this article to a friend
or share it with one of these popular networks:
Currency | UK Pounds |
Share Price | 272.50p |
Change Today | 2.50p |
% Change | 0.93 % |
52 Week High | 294.00p |
52 Week Low | 161.00p |
Volume | 40,621 |
Shares Issued | 16.47m |
Market Cap | £44.89m |
RiskGrade | 359 |
Value |
---|
Price Trend |
---|
Income |
---|
Growth |
---|
No dividends found |
Time | Volume / Share Price |
16:28 | 8,000 @ 270.00p |
15:02 | 1,500 @ 272.80p |
15:01 | 250 @ 270.25p |
14:43 | 3,679 @ 271.80p |
13:49 | 27 @ 272.95p |
You are here: research