£5 million Framework Agreement

Journeo plc (AIM: JNEO), a leading provider of information systems and technical services to transport operators and local authorities is pleased to announce the award of a new Framework Agreement ("Agreement") with a Northern Transport Partnership ("Partnership"), following a competitive tender process.

The Agreement which is expected to generate £5m in revenues through to January 2028, continues a long-standing relationship with the Partnership and provides for the supply and support of Journeo's advanced real-time passenger information systems in their network.

The revenues under the Agreement are included in management's expectations of performance for the current financial year and add to the Company's strong order book, providing further future revenue visibility.

Journeo will supply its latest high-definition TfT, ultra-bright LED and low power e-ink solutions. Communications will be driven by the latest open-standards between on-street infrastructure and back-office content management software provided by the cloud-based Journeo Portal.

Russ Singleton, Chief Executive of Journeo plc, commented: "We are delighted to continue this relationship with the Partnership, installing our latest technology to enhance the passenger travel experience. This latest agreement follows a highly successful year in 2023 of contract awards and purchase orders which together have built a strong order book. With each new contract we are demonstrating our innovative approach and technical expertise, which in turn is creating new opportunities and building momentum in the business."

A digital copy of this announcement will be available on the Group's website: www.journeo.com.