EUR4 million Berlin Transport Contract Extension

RNS Number : 8227K

Synectics PLC

30 June 2014

 



For Immediate Release	30 June 2014

Synectics plc

("the Company" or "the Group")

€4 million Berlin Transport Contract Extension

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 the extension of two major contracts for its European transport operation, Indanet, to provide maintenance services for CCTV and information infrastructure to Berlin's main public transport operator, BVG. The total value of the two, four-year contracts is €4 million.

Munich-based Indanet has provided integrated security solutions for the BVG network, the largest contiguous urban transport network in Germany, since 1995.  The two renewed contracts cover the maintenance of BVG's emergency and information system and the central control station for the handling of emergency calls. Both relate to the security of the subway network, which delivers 936 million passenger rides a year.

John Shepherd, Chief Executive of Synectics, said:"The renewal of these two significant contracts demonstrates the Group's ability to win, keep and grow large-scale projects of critical public importance.  In addition to these contract wins, Indanet is also in discussion about new opportunities with BVG."

For further information, please contact:

Synectics plc	Tel: [phone]
John Shepherd, Chief Executive	www.synecticsplc.com
email: [e-mail]
Westhouse Securities Limited	Tel: [phone]
Tom Griffiths

Media enquiries:

Buchanan	Tel: [phone]
Mark Court / Fiona Henson / Sophie Cowles
email: [e-mail]

 

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