Contract Wins

RNS Number : 1177C

Synectics PLC

11 April 2017

 

11 April 2017

Synectics plc

("Synectics" or the "Company")

Synectics secures further major gaming and transport contracts

Synectics plc (AIM: SNX), a leader in the design, integration, control and management of advanced surveillance technology and networked security systems, today announces three significant contract wins which support market expectations for 2017, comprising a multi-million dollar international casino project, an expansion to the system deployed at Jakarta Airport and a renewed three-year contract with leading UK bus operator, Stagecoach.

Synectics has secured a multi-million dollar contract to supply an integrated video and security management solution, based around its open architecture command and control software Synergy 3, to a major Philippines casino.  The system will record and monitor over 5,000 cameras across five adjacent properties which include several new hotel casinos as well as a retrofit of an existing casino resort.  The video and security management system will provide integration to access control, point of sale and the gaming operator's custom casino management system for a comprehensive command and control solution.

The win builds on Synectics' ever-growing project portfolio in the region with world-class gaming clients in Macau, Singapore, Korea and Manila's Entertainment City already using Synectics' enterprise-class solutions, and is expected to be delivered in 2017.

Following the successful deployment in 2015 of its Synergy 3 command and control system at Jakarta Airport, the busiest airport in the Southern hemisphere, Synectics has been contracted to extend the system into the new Airport Operational Command Centre recently announced by the airport operator, Angkasa Pura II.  Initially deployed in the airport's new Terminal 3, the Synergy system had already been extended to cover the customs area, and this new award takes the system to the heart of the airport complex.

Leading UK bus operator, Stagecoach, has signed a renewed multi-million pound, three-year contract with Synectics to deliver on-vehicle CCTV systems for all new vehicles, as well as continuing support for their entire fleet.  This takes the partnership between Stagecoach and Synectics to over 15 years.

Synectics has been working closely with Stagecoach over the last year to understand and shape the operator's operational requirements and technical solutions.  The result is a platform that can deliver an enhanced remote monitoring solution across Stagecoach's entire fleet of vehicles.

Sam Greer, Stagecoach UK bus engineering director, commented:

"We have worked with Synectics for many years, and have become increasingly impressed by their ability to deliver the solutions we need now, and in the future.  Importantly, these systems are helping to improve the security and safety of our passengers."

The Company's strategic growth in the transport sector, both in terms of on-vehicle and infrastructure solutions, is further supported by a series of recent contract awards in the UK and Europe.

These new contracts include a fleet-wide surveillance upgrade project with Rail for London trams, an extended contract with a Passenger Transport Executive in the North-East of England to provide on-board surveillance solutions for its light rail and tram services and a passenger safety system for German railway company Deutsche Bahn, the world's second-largest transport company.

Commenting on the contract wins, Paul Webb, Chief Executive of Synectics, said:

"I am very pleased with this latest large-scale casino win, which further reinforces our position as the leading provider of gaming surveillance solutions in the Asia-Pacific region.

The contract wins announced today also demonstrate the encouraging progress we are making in applying our proven sector-focussed model to the Transport & Infrastructure market, which is a key strategic objective for the business."

Ends

For further information, please contact:

Synectics plc

Paul Webb, Chief Executive

Mike Stilwell, Finance Director

Email: [e-mail]

Tel: [phone]

www.synecticsplc.com Stockdale Securities
Tom Griffiths / Henry Willcocks
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For further media information, please contact:

Claire Evans

Intelligent Conversation

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