Contract Win

RNS Number : 9120F

Quadnetics Group PLC

21 January 2010

 



For immediate release

21 January 2010

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 £3.7 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:

Quadnetics Group plc	Tel: [phone]
John Shepherd, Chief Executive
e-mail:[e-mail]
Buchanan Communications Limited	Tel: [phone]
Tim Anderson/James Strong
Brewin Dolphin Investment Banking	Tel: [phone]
Neil Baldwin

 

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