Contract awards


 

TIDMPEG 
 
RNS Number : 1688R 
Petards Group PLC 
27 April 2009 
 

 
 
 
Petards Group plc ("Petards" or "the Company") 
 
 
Contract awards 
 
 
 
 
Petards, the AIM quoted developer of advanced security and surveillance systems, 
announces that it has been awarded two major contracts to supply and install 
Petards new generation of eyeTrain  on-board digital CCTV systems on locomotives 
and passenger vehicles. 
 
 
The first from a UK train operating company, which is worth in excess of GBP3m, 
is for the supply and installation of eyeTrain  systems to over 390 passenger 
vehicles and includes forward facing cameras on two classes of locomotives. 
Deliveries are expected to commence in the second half of 2009 and to be 
completed by the end of 2010. 
 
 
The second contract placed by Hyundai Rotem of Korea, is for the supply of 
eyeTrain  systems for 90 new Matangi EMU cars that they are supplying to Greater 
Wellington Railways. Forward facing cameras will also be fitted to these cars. 
The contract value is GBP0.8m and deliveries are expected to commence in the 
second half of 2009 and to be completed by the middle of 2010. 
 
 
Commenting on the awards, Petards Chief Executive Bill Conn said "These 
contracts have been secured from important players in both the UK and worldwide 
transport sectors and we are delighted to have the opportunity to work with both 
of them. These are significant contracts for us and their award demonstrates the 
strong position that Petards holds within the rail industry and that customers 
value both the flexibility and rail-proven nature of our eyeTrain  product." 
 
 
 
 
For further information: 
 
 
+------------------------------------+------------------------------------+ 
| Petards Group plc                  | www.petards.com                    | 
+------------------------------------+------------------------------------+ 
| Bill Conn, Chief Executive         | Tel: 0191 420 3000                 | 
+------------------------------------+------------------------------------+ 
|                                    |                                    | 
+------------------------------------+------------------------------------+ 
| Collins Stewart Europe Limited     |                                    | 
+------------------------------------+------------------------------------+ 
| Stewart Wallace                    | Tel: 020 7523 8350                 | 
+------------------------------------+------------------------------------+ 
|                                    |                                    | 
+------------------------------------+------------------------------------+ 
| Walbrook PR Limited                | Tel: 020 7933 8787                 | 
+------------------------------------+------------------------------------+ 
| Paul McManus                       | Mob: 07980 541 893                 | 
+------------------------------------+------------------------------------+ 
|                                    | paul.mcmanus@walbrookpr.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, eyeTrain  was launched 
at InnoTrans 2008, 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. eyeTrain  also 
links to other train sub-systems that can include automatic passenger counting, 
alarms, entertainment, public address and information systems. Forward facing 
cameras can be added to capture the view from the driver's window - a vital 
piece of evidence for investigations into trackside incidents. 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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