Cohort PLC Contract Announcement (2037D)
08 October 2018 - 5:00PM
UK Regulatory
TIDMCHRT
RNS Number : 2037D
Cohort PLC
08 October 2018
8 October 2018
Cohort plc
("Cohort" or "the Group")
Contract Announcement
SEA awarded GBP3m 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
GBP3m 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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END
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