For immediate release |
27 September 2013 |
Synectics plc
("the Company" or "the Group")
Major Contract Win
Synectics plc (AIM: SNX), a leader in the design, integration, control and management of advanced surveillance technology and networked security systems, is pleased to announce a major new contract with the international public transport company, Go-Ahead Group, one of the UK's top five bus operators.
The contract is anticipated to be worth over £5m, and is for an initial period of three years, with the potential to be extended to 2018.
Synectics will supply, install, maintain and support CCTV systems on Go-Ahead's fleet of 4,600 buses. In addition, Synectics will develop an integrated software solution to combine Go-Ahead's on-vehicle CCTV with other critical business systems which will help to reduce costs, improve efficiency and make surveillance footage easier to access and utilise.
John Shepherd, CEO of Synectics, commented: "This strategically-driven partnership will enable Go-Ahead's comprehensive CCTV equipment to deliver added business benefits. We will be using the latest technology and a specialist security control-hub to streamline the process and integrate CCTV security systems with other business critical processes. We are looking forward to working with Go-Ahead on this exciting project, over the next three years and beyond."
For further information, please contact:
Synectics plc |
Tel: +44 (0) 1527 850080 |
John Shepherd, Chief Executive |
www.synecticsplc.com |
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Westhouse Securities Limited |
Tel: +44 (0) 207 601 6100 |
Tom Griffiths |
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Buchanan |
Tel: +44 (0) 207 466 5000 |
Mark Court / Fiona Henson / Sophie Cowles |
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email: markc@buchanan.uk.com / fionah@buchanan.uk.com / Sophiec@buchanan.uk.com |