Purchase Order

Journeo PLC

20 January 2025

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the UK version of the EU Market Abuse Regulation (2014/596) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended and supplemented from time to time.

20 January 2025

Journeo plc

("Journeo", or the "Company")

 £1.1 m purchase order from Cardiff Council

Journeo plc (AIM: JNEO), a leading provider of information systems and technical services to transport operators and local authorities is pleased to announce a £1.1m purchase order for the provision, installation and maintenance of high-definition real time passenger information displays from Cardiff Council.

This purchase order builds upon the £1m award to replace legacy 3-line LED displays announced 28 March 2023.

This new purchase order will see Journeo replace the remaining legacy displays within the City of Cardiff with Journeo's latest Thin Film Transistor (TFT) LCD displays, bringing enhanced levels of real time departure, disruption and supplementary information to bus passengers in Wales.  The new displays will connect to the Welsh Bus Data Content Management System (WBDCMS), a nationwide platform to manage the content of transport displays, also managed by Journeo.

Russ Singleton commented, "We are delighted that we are able to further enhance the level of real time transport information for residents and visitors to the capital of Wales.  Our latest open architecture displays perform seamlessly with the nationwide content management platform to provide users with the information they need to choose public transport with confidence, in both Welsh and English languages."    

A digital copy of this announcement will be available on the Group's website: www.journeo.com.

For further information, please contact:

Journeo plc Russ Singleton/ Nick Lowe	[phone]
Cavendish Capital Markets Limited - Nominated Adviser and Broker Katy Birkin/ Callum Davidson	[phone]

Notes to editors:

Journeo plc is a leading Intelligent Transport Systems provider, delivering solutions in towns, cities, airports, and the public transport networks that connect them. The Company works extensively with local and combined authorities, Network Rail and many of the largest multinational transport operators, supporting them as systems converge towards a more efficient and sustainable future.

The business has five operating companies:

·    Journeo Fleet Systems: CCTV video surveillance to improve passenger & driver safety, telematics for vehicle and driver performance monitoring, real-time communications for remote condition monitoring and automatic passenger counting.

·   Journeo Passenger Systems: design, manufacture, installation, and management of hardware and software for electronic public transport information systems, in and around towns, cities, ferry terminals and airports which includes smart-ticketing and wayfinding.

·    Infotec: design, advanced manufacture, installation and software management of information displays hardware for rail applications in stations, on-platform and on-vehicle.

·    Journeo AS (based in Aarhus, Denmark): full-service provider of Intelligent Transport Systems ("ITS") with customers in Denmark, Sweden and Iceland.

·    Journeo AB (based in Stockholm, Sweden): technical services provider to public transport customers in Sweden.

In the last 4 years, the Company has invested over £6 million in research and development, enabling it to design and supply powerful innovative solutions for customers' complex requirements and the demands of modern public transport. With an Internet of Things ("IoT") approach and open standards, together with field-proven and reliable engineering, Journeo is able to offer flexible, scalable products and services that can integrate with existing technology while preparing for future advancements.

 

END