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| Subject: Sweden system rollout September 2002 full implementation Jan 2003 | |
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Author: anonymous |
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Date Posted: 11:49:47 10/22/02 Tue ERG LIMITED 2001-06-27 ASX-SIGNAL-G HOMEX - Perth +++++++++++++++++++++++++ The ERG Group today announced that it has won a major $40 million contract to install and operate an integrated smart card fare collection system on the public transport system of Gothenburg, Sweden's second largest city. The contract was awarded by Vasttrafik AB, which is responsible for public transport in the county of Vastra Gotaland. Vastra Gotaland comprises 49 local authorities, including Gothenburg, with a total population of 1.5 million. The Vasttrafik System manages 600,000 trips each day on 1,500 buses, 220 trams, 50 trains and 32 ferries. The new ERG system will enable cardholders to use their cards on all forms of transport including buses, trains, trams and ferries. It is expected that 500,000 multi-application contact/contactless smart cards will be issued in the first three years of operation and that more than one million cards will be issued as the system expands. Under the contract, ERG will deliver a system based on its proven, highly automated central system and data processing network. The system will also be designed to enable further smart card applications to be added to the initial transit application as the contract includes an option for the Proton e-cash system. Proton is already licensed to a number of Swedish banks. Additional applications expected to be added include payments for parking, taxi and small value purchases such as food and drink. The system will incorporate a range of equipment including ERG-developed ticket processors, contactless smart card validators and portable sales, validation and inspection devices. State-of-the-art global positioning system equipment will track vehicle positions for the automatic calculation of fares based on distance. A GSM interface on the ticke t processors for automated date transfer irrespective of the vehicle's location will also be included. A trial of the contactless system will be conducted on bus, train and tram modes in February 2002. System rollout is scheduled for September 2002 with full implementation to be completed by January 2003. The operating contract runs for an initial period of three years and includes maintenance, smart card issuance and central system services. Commuters will be able to purch ase and load value on their cards at third party networks (such as banks). Opportunities to expand the number and types of outlets where value can be added to the cards to include grocery stores, and via the telephone or Internet, will also be developed. ERG's Chief Executive, Peter Fogarty, said the Company was extremely pleased to have been chosen to implement the system. "ERG has supplied magnetic ticketing equipment and smart card systems in Sweden for more than 15 years and we are looking forward to working together to showcase our advanced smart card technology with our valued customer in Gothenburg. "The award of this contract to ERG, which follows an extensive evaluation process, further increases our recurring revenue from long-term projects and the footprint our systems have across Europe." Mr Leif Blomqvist, Chairman of the Board from Vasttrafik, said: "I am very pleased that our passengers will have a common system where it will be easy and simple to travel with the same ticket all over Vastra Gotaland." ERG is currently involved in the installation of a number of smart card-based AFC systems in European cities such as Bordeaux, Cardiff, Grenoble, Manchester, Oslo and Rome. The Group has won contracts totalling approximately A$100million since January 2001. BACKGROUND INFORMATION ERG GROUP For more information about ERG Group please visit our website at www.erggroup.com or contact Melissa Frost on +61 8 9273 1879 or email mfrost@erggroup.com. VASTTRAFIK AG Vasttrafik AB was founded in 1999 and is the county authority responsible for public transport in the Vastra Gotaland region which includes the city of Gothenburg as well as three former counties in Western Sweden. Public transport is provided by five major and several smaller operators and includes buses and trams in the city of Gothenburg, regional buses, ferries and trains. For more information about Vasttrafik please contact Ms Gunilla Wicktor, Communications Manager on +46 708 560 166, or Lena Joven, Project Information Manager on +46 733 200 905 or visit www.vasttrafik.se. GOTHENBURG Gothenburg is the principal port and second largest city of Sweden. Gothenburg has a population of over 450,000. [ Next Thread | Previous Thread | Next Message | Previous Message ] |