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Eurotech Won 10M USD Contract to Supply Embedded Computers for Automated Fare Collection Systems - 18-months contract to supply embedded computers to Cubic Transportation
Eurotech Won 10M USD Contract to Supply Embedded Computers for Automated Fare Collection Systems

 

PRZOOM - /newswire/ - Amaro, Italy, 2010/07/12 - 18-months contract to supply embedded computers to Cubic Transportation.

   
 
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Contract announced today, regarding the supply of embedded computers to Cubic Transportation, Eurotech specifies that the duration of the contract is 18 months

Eurotech, a leading supplier of embedded technologies, products and systems, today announces a 10 million USD contract to supply embedded computers to Cubic Transportation, the world's leading turnkey solution provider of automated fare collection systems for public transport. Destined for use in the smart card ticketing system on the transport system of a major European capital, the contract will see 20,000+ units installed in buses and station gates throughout the network. Each unit will interface directly to a smart card reader and relay both passenger and journey information into the fare collection system.

“Transportation is proving to be a rewarding market for Eurotech” says Roberto Siagri, President and CEO of Eurotech. “The order book is growing and I’m very pleased about how things are moving forward: after the 7.5 million USD contract that was announced in March, this is the second multi-million contract win this year, and I’m confident there’s more to come.”

“The successful introduction of this single board computer demonstrates not only Eurotech’s technical capabilities in embedded solutions, but also is testament to our ability to build design partnerships with our clients and find pragmatic solutions to the challenges that companies face during such projects” explains Frank Cutri, Eurotech’s European Managing Director. ”Cubic’s requirements needed a combination of hardware, software and domain expertise, backed by the stability of a global Group and the service of a local organisation, and Eurotech was able to demonstrate capability in all of these areas.”

About Eurotech

Eurotech (eurotech.com) is a leading international group active in the research, development and marketing of miniaturised computers (NanoPCs) and in high performance computers (HPC).

 
 
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Agency / Source: Eurotech Group / Eurotech S.p.A.

 
 

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Eurotech Won 10M USD Contract to Supply Embedded Computers for Automated Fare Collection Systems

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Contact: Cristiana della Zonca - Eurotech.com 
+39 0433 485411 cristiana.dellazonca[.]eurotech.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Eurotech Group / Eurotech S.p.A. securities in any jurisdiction including any other companies listed or named in this release.

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