Connexionz signs up another US contract
Christchurch-based electronic bus information firm Connexionz has signed up another United States contract, continuing the expansion of a customer base on the west coast of the US.
The latest contract, worth US$760,000 ($916,100), is for a realtime passenger information system for the Kings County Area Public Transit Agency in California.
Kings County Area Public Transit Agency is based in Hanford, a commercial centre in the south central San Joaquin Valley.
Connexionz's systems allow bus passengers to track bus progress along routes, including through smartphone applications.
The Kings County agency operates a fleet of 21 fixed-route buses and 12 "dial-a-ride" vehicles for a population of about 150,000.
The vehicle information system will also have automated voice announcements for "next stop" information and automated passenger counting to help the agency to determine which stops are most heavily used and to enable schedules and routes to be better designed.
"We are pleased to have now secured our fifth customer in California," Connexionz chief executive Roger Carruthers said today.
"Last year we secured our first customer in California's neighbouring state, Oregon.
"We are now establishing a strong foothold in our target market and are building a portfolio of strong reference sites to present to prospective customers," he added.
Connexionz was proceeding with work on a contract, awarded in January 2012, with the city of Pasadena. It had delivered eight of the 13 project milestones required under this project.
Connexionz has systems installed and operating in the United States, Australia and New Zealand.
Connexionz reported in July last year a pretax profit for the year to March 2013 of $185,523 compared with a loss of $217,456 in the previous year. It said it had a solid order book for the 2014 financial year and that it expected to report a profit for the 2014 year and beyond.