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Subject: ERG confirms $100m Sydney contract At 10.55 people should have read this story correctly


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At 1055 AEST, ERG shares were halted at 82c.
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Date Posted: 25/01/03 1:55:03am

ERG confirms $100m Sydney contract
13-August-2001
Ticketing company ERG Ltd (ERG) today confirmed that Integrated Transit Solutions Ltd has been selected as preferred tenderer for the NSW Department of Transport Sydney Integrated Ticketing System project.

Integrated Transit Solutions is the joint venture vehicle formed by ERG and Motorola to bid for the contract.

The Sydney system will allow passengers to use one smart card to travel on all public transport including railways, buses and ferries.

The NSW Government and Transport Solutions Ltd (ITS) will now negotiate the final contract terms with a final contract scheduled by December 31, 2001. Under the draft contract, ITS would supply equipment and software for the Sydney system.

ITS will use ERG's multi application smart card solution as the core operating system.

At 1055 AEST, ERG shares were halted at 82c.

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Replies:
Subject Author Date
Re: ERG confirms $100m Sydney contract At 10.55 people should have read this story correctly/longer term double bottom with the 8/8/03 (NT)105.5--upper figure. 26/9/03----29/9/0329/09/03 9:59:15am
I did a succesful daytrade on it--even Deviloz commended me at the time for it--which is unusual for him. (NT)13-August-200129/09/03 10:02:52am
13-August-2001--82c---8th of August 2003---82c vwap 86.2 (NT)ERG shares were halted at 82c.30/09/03 3:14:35am


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