Contract Win

RNS Number : 4891F

Synectics PLC

17 November 2020

 

17 November 2020

Synectics plc

("Synectics" or the "Company" or the "Group")

Contract Win

Synectics plc (AIM: SNX), a leader in the design, integration and support of advanced security and surveillance systems, is pleased to announce that it has signed a €1.3m contract with Irish Rail (Iarnród Éireann) to upgrade all MkIV InterCity rolling stock on the Dublin to Cork Intercity route to an IP-based video surveillance solution, following a competitive bid process. 

The contract will see Synectics develop and install an innovative, safety-critical IP video surveillance system that enables full connectivity from trains to the engineering depot and other operational locations. Installation is expected to commence in September 2021, to be followed by an additional support contract to provide a five-year in-territory maintenance programme.

Paul Webb, Chief Executive of Synectics, commented:  "We are delighted that Irish Rail has chosen our IP video technology to upgrade the surveillance and security provision on one of their premier InterCity routes. This contract represents the first step into on-vehicle heavy-rail solutions for our Synectics Security business, building on their experience and strong track record across light-rail, underground and tram markets.

"Irish Rail is our second public transport win in Ireland over the last few months and reflects our growing reputation for smart technology developments that meet next-generation operator requirements.  Our solutions open up new opportunities for rail operators to transition their video management capability to the cloud to improve passenger safety, security, and to drive operational effectiveness."

/Ends

About Synectics plc

Synectics (AIM: SNX) is a leader in the design, integration and support of advanced security and surveillance systems that enable clients around the world to protect their people, communities, and assets.

Founded over 30 years ago, Synectics has deep industry experience across gaming, energy, urban transport, public space and critical infrastructure projects. The group's expert engineering teams work in partnership with customers to create integrated product and technology solutions, proven in the most complex and demanding operating environments.

Find out more at www.synecticsplc.com

For further information, please contact:

Synectics plc	Tel: [phone]
Paul Webb, Chief Executive
David Coghlan, Chairman David Bedford, Finance Director
email: [e-mail]	www.synecticsplc.com
Shore Capital	Tel: [phone]
Tom Griffiths / Henry Willcocks / David Coaten

 

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