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Subject: ERG SIGNS CONTRACT FOR MAJOR WASHINGTON DC, MARYLAND & NORTH VIRGINIA


Author:
2003-06-25 (ERG originally announced on 20/1/03) It has now been signed
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Date Posted: Wednesday, June 25, 08:14:23am
In reply to: Thursday, June 5, 2003; Page B01Washington Post 's message, "Bus, commuter rail and subway systems across Maryland, Virginia and the District have agreed to install fareboxes that will accept the SmarTrip card" on Monday, June 09, 08:33:57am

ERG LIMITED 2003-06-25 ASX-SIGNAL-G

HOMEX - Perth

+++++++++++++++++++++++++
ERG SIGNS CONTRACT FOR MAJOR WASHINGTON DC, MARYLAND & NORTH VIRGINIA
TRANSIT FARE COLLECTION PROJECT

ERG Group has signed a contract with the Washington Metropolitan Area
Transit Authority (WMATA) to install and operate a new Regional
Customer Service Centre for their smart card based fare collection
system, known as SmarTrip(R). ERG previously announced it had been
selected for the project on 20 January 2003.

The project calls for ERG to establish and operate a smart card
customer service centre, to manage card distribution and to clear and
settle smart card transactions across 17 transit agencies in Northern
Virginia, Maryland and the Washington DC area. Once installed, ERG
will operate the system for a period of five years, with two
subsequent one-year options. The initialfive-year contract term,
worth approximately US$20 million, comprises the supply, installation
and operation of the system. ERG is expected to manage a card base
exceeding 1 million smart cards within the initial term of the
contract.

ERG will be responsible for the management of smart cards and
operation of the data processing system incorporating clearing,
settlement and financial management. ERG will use its existing
central computer processing system installed in the San Francisco Bay
Area to perform these functions and will interface with existing
installed hardware such as gates and readers. The established Bay
Area facility has been designed to process smart card transactions
from multiple North American cities.

Work is expected to commence on the project within the next 30 days.

Northrop Grumman IT will be responsible for the distribution of smart
cards and operation of the customer service centre in the Washington
DC area as a subcontractor to ERG.

"It has been very pleasing to move quickly through the contract
negotiation process and we now look forward to working with our
customer to install and operate our state-of-the-art system," said
Michael Nash, President and General Manager of ERG's operations in
the Americas.

"Washington DC is strategically a very important city in the growing
US market for smart card based fare collection systems. Along with
our partner Northrop Grumman IT, we have firmly established our
position in the North American market and we expect to play a
significant role in this region as more and more cities invest in
smart card based systems for their fare collection."

"ERG's capacity for interoperability and openness of its system, as
well as our proven track record in Asia-Pacific, Europe and other
parts of North America, are extremely important factors in the eyes
of our customers."

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Subject Author Date
SAN DIEGO, Aug 25, 2003 (BUSINESS WIRE) -- Cubicupgrade the Washington Metropolitan Area Transit AuthorityMonday, August 25, 12:49:34pm


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