Purchase Order
Infotec subsidiary receives $2.5m purchase order from Outfront Media for 600 displays for New York subway cars.
- Purchase order value $2.5m
- Number of displays approximately 600
- Subway cars with previous Infotec displays 535
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Journeo plc (AIM: JNEO), a leading provider of information systems and technical services to transport operators and local authorities is pleased to announce its subsidiary, Infotec has received a $2.5million purchase order from Outfront Media Group ("OFM") to supply displays for the New York City Metropolitan Transportation Authority ("MTA").
The MTA is North America's largest transportation network, serving a population of 15.3 million people across a 5,000-square-mile travel area surrounding New York City, Long Island, southeastern New York State, and Connecticut. The MTA network comprises the largest bus fleet and more subway and commuter rail cars than all other U.S. transit systems combined.
The purchase order is for the supply of approximately 600 high-definition optically bonded displays in two special configurations. The displays are due to be manufactured during the course of this year and will be used by OFM for further installations and as hot-swap replacements on the 535 subway cars previously installed with Infotec displays.
The two form factors are critical to OFM and the MTA for communicating travel information and promotional material. Wide aspect ratio displays are mounted at high level, close to the ceiling for showing advertising and other information about MTA services, and square aspect ratio displays mounted on the car walls, adjacent to the doors to show high quality video advertising, travel and other promotional information.
OFM are listed on the New York Stock Exchange (NYSE:OUT) and are one of America's most innovative media companies, with 2,300 employees and revenues of $1.8billion. They are known for their innovative approach to blending digital technology with traditional advertising formats. Their campaigns often include high-visibility locations in urban areas, transportation hubs, and retail districts, targeting a broad audience with impactful advertising messages.
Russ Singleton commented, "We have a dedicated team providing support to OFM and their end customer the MTA and are delighted to continue to build on this relationship as we provide more of our high-performance optically bonded display systems for deployment on the New York City subway network".
A digital copy of this announcement will be available on the Group's website: www.journeo.com.
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