Purchase Orders

Journeo plc (AIM: JNEO), a leading provider of information systems and technical services to transport operators and local authorities is pleased to announce that, further to its announcements on 11 March and 26 March it has received further purchase orders to supply and install the first tranche of safety systems on RATP buses within the Transport for London (TfL) fleet.

The £1.7m award, to be paid in 9 tranches, is to upgrade over 200 buses and installations will be carried out over the course of the remainder of the year and during the first quarter of 2025. Journeo will provide service and support for these systems for the remainder of the vehicles' operating life in London of between 4 and 5 years.

Journeo will replace the external vehicle wing-mirrors with the UN R46 approved Journeo CMS which utilises an ultra-low profile camera module mounted externally at high level on each side of the vehicle and the installation of high-definition monitors inside the vehicle.

The revenues are included in management's expectations of performance and add to the Company's strong order intake providing further future revenue visibility.

Russ Singleton: "I am delighted that RATP have selected our high-performance bus safety systems. This award is a further validation of Journeo's CMS which is increasingly being adopted by safety conscious public transport authorities and fleet operators throughout the UK where we have installed around 4,000 systems, including approximately 1,500 in London."

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