Contract Win
21 January 2010 - 9:36PM
UK Regulatory
TIDMQDG
RNS Number : 9120F
Quadnetics Group PLC
21 January 2010
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| For immediate release | 21 January 2010 |
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QUADNETICS GROUP
("QUADNETICS")
CONTRACT WIN FROM STAGECOACH
Quadnetics Group plc (AIM: QDG), a leader in the design, integration and control
of advanced CCTV and networked video systems, announces that it has won a new
GBP3.7 million contract with Stagecoach to supply and install CCTV on buses.
The three year contract between Look CCTV, part of Quadnetics' Mobile Systems
division and Stagecoach will ensure all new buses ordered by Stagecoach up to
the end of 2012 are fitted with state of the art digital CCTV systems to help
combat crime and fraudulent insurance claims.
Stagecoach, which operates 7,000 buses across the UK, already makes extensive
use of LOOK CCTV technology throughout its fleet. Under the new contract,
hundreds of new Stagecoach buses a year will be fitted with LOOK systems, which
will be covered by a six-year warranty.
Digital CCTV systems provide bus and coach operators with a powerful tool to
combat crime on buses and reduce fraudulent insurance claims.
The LOOK system includes wireless network applications to streamline CCTV
maintenance and provide high capacity data logging for video and audio
recording.
Les Warneford, Managing Director of Stagecoach UK Bus, said: "The safety and
security of our customers and our people is fundamental to our business, and
public transport is the safest way to travel.
"We have worked with LOOK for a number of years and they are a valued technology
and service provider. Their systems have a proven track record of making our
passengers feel safe, cutting crime and anti-social behaviour and helping track
down offenders."
LOOK CCTV is the UK's leading supplier and maintainer of digital CCTV systems to
bus and coach operators with over 18,000 systems installed.
Commenting on the contract win, John Shepherd, Chief Executive of Quadnetics
said "I am delighted that our innovative team at Look CCTV has been able to
secure this significant contract with Stagecoach. The mobile CCTV market is a
major focus for our R&D investment and growth plans."
For further information please contact:
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| Quadnetics Group plc | Tel: 01527 850080 |
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| John Shepherd, Chief Executive | |
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| e-mail:john.shepherd@quadnetics.com | |
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| | |
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| Buchanan Communications Limited | Tel: 020 7466 5000 |
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| Tim Anderson/James Strong | |
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| | |
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| Brewin Dolphin Investment Banking | Tel: 0845 213 4726 |
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| Neil Baldwin | |
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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