£4.2m Rail Systems Purchase Order

Journeo plc (AIM: JNEO), a leading provider of information systems and technical services to transport operators and local authorities is pleased to announce a £4.2 million purchase order from Alstom SA, a major supplier within the rail industry, to design and supply CCTV and Automatic Passenger Counting (APC) systems to enhance safety, security and operational efficiency on CrossCountry's Voyager fleets.

The purchase order forms part of a major refurbishment programme being caried out by Alstom for 70 Voyager trains and encompasses 312 cars, comprising 136 Voyager (Class 220) and 176 Super Voyager (Class 221) vehicles respectively.

Alstom has 37 locations, 6,000 employees and is the UK and Ireland's leading supplier of new trains and train services, and a leading signalling and rail infrastructure provider. Alstom have built or are building approximately 40% of the UK mainline train fleet, as well as the entire fleets in service with London Underground and Dublin Luas. Half of all UK rail journeys are made on an Alstom train.

Journeo have already commenced design and initial equipment supply and will support Alstom during the installation phase being carried out at their Derby Litchurch Lane facility which is due for completion in 2027. It is expected that the majority of the revenue from this purchase order will be recognised during FY26 and FY27.

Journeo anticipates that approximately £2 million additional revenue will be generated over five years for SaaS subscriptions and associated support services as the fleet of Voyager trains return to service

Russ Singleton commented, "We are delighted to be working with Alstom at their historic Litchurch Lane facility in Derby as an integral part of this important refurbishment programme of the CrossCountry Voyager fleet. The application of Journeo's technology to help prolong the life of existing rolling stock, alongside its implementation on new trains, demonstrates the flexibility of our solutions and how their use can support sustainable rejuvenation of fleets. The installations are underpinned by Journeo's core IP, enabling the operator to manage operation-critical data, such as occupancy data and securely captured and stored high-definition CCTV evidence through the SaaS Journeo Portal."

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