Petards Group PLC
25 July 2007
Petards Group plc ('Petards' or 'the Company')
Contract award
Petards, the AIM listed developer of advanced surveillance systems, announces
that it has been awarded a contract by Bombardier Transportation to supply and
install Petards eyeTrainTM on-board digital CCTV systems for Class 465 and 466 '
Networker' trains.
The contract, which is worth in excess of £2m, is for the supply and
installation of eyeTrainTM systems that are to be fitted to 286 vehicles owned
by Angel Trains. Deliveries are expected to commence towards the end of 2007
and will continue throughout 2008. In addition Petards will be fitting its new
high definition mega-pixel cameras that integrate into the eyeTrainTM recording
system. These cameras are used to capture the view from the driver's cab to
assist in the investigation of trackside incidents.
Petards Chief Executive Bill Conn said 'We are delighted to have secured this
contract which again demonstrates the value of our broad based supply,
installation and service capability. It also reinforces eyeTrain's strong
position in the market place and Petards commitment to continually develop the
product as a platform to provide solutions sought by our customers, such as the
integration of forward facing cameras'.
For further information:
Petards Group plc Parkgreen Communications
Andy Wonnacott, Finance Director Paul McManus
Tel: 01932 788 288 Tel: 020 7479 7933 or Mob: 07980 541 893
www.petards.com paul.mcmanus@parkgreenmedia.com
Editor's Notes:
About Petards
Petards has been providing on-board CCTV systems to the rail industry for nearly
ten years. Its latest generation of on-board CCTV system, eyeTrainTM was
launched in 2006, is rail-proven and fully digital, with superb image quality
and terabyte storage capacity. It captures video from the seating and doorway
areas of passenger vehicles to clearly identify any offenders. eyeTrainTM also
links to other train sub-systems that can include automatic passenger counting,
alarms, entertainment, public address and information systems. High definition
mega-pixel cameras can be added to capture the view from the driver's window - a
vital piece of evidence for investigations into trackside incidents.
About Bombardier Transportation
Bombardier Transportation has its global headquarters in Berlin, Germany with a
presence in over 60 countries. It has an installed base of over 100,000 vehicles
worldwide. The Group offers the broadest product portfolio and is recognized as
the leader in the global rail sector.
About Bombardier
A world-leading manufacturer of innovative transportation solutions, from
regional aircraft and business jets to rail transportation equipment, systems
and services, Bombardier Inc. is a global corporation headquartered in Canada.
Its revenues for the fiscal year ended Jan. 31, 2007, were $14.8 billion US, and
its shares are traded on the Toronto Stock Exchange (BBD). News and information
are available at www.bombardier.com.
This information is provided by RNS
The company news service from the London Stock Exchange AR
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