Contract Win

RNS Number : 9212D

Croma Security Solutions Group PLC

23 May 2012

 



Croma Security Solutions Group plc

("CSS" or the "Company")

Contract Win

Croma Security Solutions Group plc, the AIM listed total security services provider, is pleased to announce that it has secured a contract with the UK's leading traffic management company, Colas, to provide incident reporting, CCTV and early warning for impact protection vehicles.

The contract provides the Company with a £70,000 initial order which may increase to £750,000 over the next two years, and represents the beginning of the Company's wider strategic attempt to develop its market share in the traffic management arena.

Sebastian Morley, Chairman of CSS, comments:

"We are delighted to announce this contract win with Colas for highly innovative design that improves highway safety and traffic monitoring. This win highlights the Company's ability to design and commercialise complex and bespoke security and surveillance systems."

Commenting on the CSS service, Dennis Gregg of Colas (NE) said:

"We have asked CSS to provide us with a solution to a range of operational requirements for our business. In the first instance CSS have provided us with a highly technical system which is a major step forward in road safety. The applications throughout the industry are huge and we are very excited to partner with CSS on this project. We hope that the industry will adopt many of the innovations that CSS is designing to our specifications." 

For further information visit www.cssgroupplc.com or contact:

Croma Security Solutions Group plc
Sebastian Morley, Chairman	Tel: [phone]
N+1 Brewin (NOMAD)
Sandy Fraser	Tel: [phone]
Robert Beenstock	Tel: [phone]

 

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