Purchase Orders
Journeo plc has secured new purchase orders totaling £1.3 million for its on-board bus safety systems and cloud-based SaaS services for Metroline Manchester, which will equip new Wrightbus Electroliner vehicles with digital CCTV and wing mirror technology. The orders include Journeo Edge gateways for secure connectivity to the Journeo Portal, enabling remote video evidence access and system health monitoring. The majority of hardware installation revenue is anticipated in the current financial year, with recurring software revenues extending beyond 2027.
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Journeo plc (AIM: JNEO), a leading provider of intelligent systems for transport networks and critical national infrastructure, is pleased to announce that it has received purchase orders totalling £1.3m for the provision of its on-board bus safety systems and high-security cloud-based SaaS services for Metroline Manchester.
Journeo will provide its latest digital CCTV systems, together with its digital wing mirror technology (Journeo CMS), for installation on new Wrightbus Electroliner vehicles entering service within Metroline Manchester's fleet later this year.
Each vehicle will be equipped with a Journeo Edge gateway, providing secure connectivity to cloud-based services through the Journeo Portal. This technology-agnostic platform enables authorised users to remotely access and securely share video evidence for incident investigation, while also providing engineering teams with system health monitoring and diagnostic capabilities to support fleet availability.
Metroline Manchester, part of ComfortDelGro, operates more than 400 buses across four Transport for Greater Manchester ("TfGM") Bee Network franchises.
The majority of the hardware installation revenue is expected to be recognised during the current financial year, with recurring software licence and support revenues extending through 2027 and beyond.
Russ Singleton, Chief Executive Officer of Journeo plc, commented:
"We are delighted that Metroline Manchester has once again selected Journeo's technology and services for its growing fleet. These orders demonstrate the continued demand for integrated safety, connectivity and remote management solutions that help operators improve passenger and driver safety, while enabling faster and more effective incident response."
A digital copy of this announcement will be available on the Group's website: www.journeo.com.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.