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LONDON - Synectics plc (AIM:SNX) has signed a five-year extension to its existing framework agreement with Stagecoach, one of the UK’s largest bus operators, according to a press release statement issued Monday.
Under the agreement, Ocular Integration, Synectics’ wholly owned systems integration business, will continue to supply and install CCTV systems integrated with Synectics’ Cloud Transport Services on Stagecoach’s fleet of new, factory-built buses.
The technology provides capabilities for passenger safety, incident management, and operational efficiency, while enabling connected fleet operations and collaborative investigations.
Ocular Integration has been working with Stagecoach since 2003. The renewed agreement continues a partnership that has spanned over two decades.
Amanda Larnder, Synectics’ Chief Executive Officer, said: "We’re extremely proud to extend our longstanding relationship with Stagecoach."
Synectics plc describes itself as a provider of advanced security and surveillance solutions. The financial terms of the agreement were not disclosed in the announcement.
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