| Danish Transport Company selects FARA for multiple upgrades |
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| Friday, 18 December 2009 14:44 | |||
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FARA ASA, the leading supplier of IT solutions to the public transport sector in the Nordic countries, has today received an order from Nordjyllands Trafikselskab, which operates in the North Denmark Region. The initial agreed project comprises upgrades of the Real Time Information (RTI) and Infotainment systems onboard buses operating in this northern region of Denmark. The initial contract is valued at approximately MNOK 5. The parties have also agreed on an outline for several related project phases with a calculated additional value of MNOK 5 which are expected to be finally determined during first quarter 2010. The expected projects could cover as much as 300 FARA VPC's including hardware units and licences in addition to services and configuration related to the installations. "Today's agreement covers upgrades of the existing RTI and Infotainment systems representing a continuation of the cooperation between Nordjyllands Trafikselskab and FARA. The initial project covers hardware as well as FARA's module based technology introducing new and required features for the drivers and passengers to be delivered first half year 2010" says Øivind Kirksæter, CEO of FARA ASA. Headquartered in Aalborg, Nordjyllands Trafikselskab operates throughout the North Denmark Region which is one of five regions in Denmark. The region covers 11 municipalities and has a population of almost 600 000 people. "Nordjyllands Trafikselskab place these upgrade orders following a successful pilot installation of FARA's solutions for Real Time Information and Infotainment. It is of great value that our customers get to know our technology and solutions well before choosing their partner for the future. At the same time, we register that our increased focus on sales and customer contact is paying off as the customers are overall satisfied with the functionality following implementation of FARA's solutions" says Ørjan Kirkefjord, CFO of FARA ASA. For more information, please contact:
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