RNS: Contract Win
Tuesday, 17 November 2020
Synectics plc (AIM: SNX), a leader in the design, integration and support of advanced security and surveillance systems, is pleased to announce that it has signed a €1.3m contract with Irish Rail (Iarnród Éireann) to upgrade all MkIV InterCity rolling stock on the Dublin to Cork Intercity route to an IP-based video surveillance solution, following a competitive bid process.
The contract will see Synectics develop and install an innovative, safety-critical IP video surveillance system that enables full connectivity from trains to the engineering depot and other operational locations. Installation is expected to commence in September 2021, to be followed by an additional support contract to provide a five-year in-territory maintenance programme.
Paul Webb, Chief Executive of Synectics, commented: “We are delighted that Irish Rail has chosen our IP video technology to upgrade the surveillance and security provision on one of their premier InterCity routes. This contract represents the first step into on-vehicle heavy-rail solutions for our Synectics Security business, building on their experience and strong track record across light-rail, underground and tram markets.
“Irish Rail is our second public transport win in Ireland over the last few months and reflects our growing reputation for smart technology developments that meet next-generation operator requirements. Our solutions open up new opportunities for rail operators to transition their video management capability to the cloud to improve passenger safety, security, and to drive operational effectiveness.”
For further information, please contact:
Paul Webb, Chief Executive
David Coghlan, Chairman
David Bedford, Finance Director
Tel: +44 (0) 114 280 2828
Tom Griffiths / Henry Willcocks / David Coaten
Tel: +44 (0) 20 7408 4050
Tel: +44 (0) 161 694 3979