Contract Win

RNS Number : 3868G

UniVision Engineering Ltd

22 October 2008

 



UniVision Engineering Ltd

('UniVision' or 'the Group)

Contract with Mass Transit Railway (MTR) 

UniVision, the AIM listed Hong Kong based designer and installer of digital surveillance and integrated security systems, is pleased to announce that it has entered into a contract with  MTRCorporation Limited (“MTR”), the sole owner and operator of the mass transit railway in Hong Kong, to provide maintenance services to MTR’s network of CCTV systems, public address systems and passenger information display systems. The contract has a fixed value of HK$28.9m (approx. £2.15m) over a three year period, commencing on 1 January 2009.

 

The Group will provide these services on six railway lines in Hong Kong, as well as their related depots and ancillary buildings.

 

Stephen Koo, Chairman of UniVision commented, “I am delighted that our quality of service and reputation within the surveillance market has enabled us to win such a significant client. Whilst trading in the current environment remains tough, this contract clearly demonstrates that our service meets the strictest performance criteria to ensure safe, continuous and efficient operation of the systems in question.”

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For further information visit www.uvel.com or contact

Univision Engineering Limited                                                                         [phone]

Stephen Koo, Chairman        

Chun Hung Wong, CEO

HB Corporate Imran Ahmad/Rory Creedon	[phone]
Threadneedle Communications Graham Herring/Josh Royston	[phone]

Notes to Editors:

About UniVision Engineering

UniVision was incorporated in Hong Kong in 1979 and is now established in Hong Kong, Macau and China. The Group designs, sources and sells its own brand-name products and OEM products including, Microprocessor CCTV Control Systems, Video Distribution Amplifiers, Fibre Optic Transmission Systems and Smart Card Access Systems. 

UniVision currently offers hybrid security systems and has a portfolio of cutting edge digital technology used by its blue chip client base and the Hong Kong Government. UniVision is included in the Hong Kong Government's list of 'Approved Suppliers and Installation of Video Electronics Equipment'.

To date the Group has completed high profile projects for clients including Hong Kong International Airport, Tsing Ma Bridge Crossing, Mass Transit Railway, Shanghai Plaza 66 and Sydney CityRail Network selling its products through its distribution channels in China, Taiwan and other Asian countries.

The Group listed on AIM, part of the London Stock Exchange, in December 2005.

 

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