Cohort PLC - SEA awarded contracts

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Tue Jan 15, 2008 2:00am EST

RNS Number:7425L
Cohort PLC
15 January 2008


15 January 2008


                                   COHORT PLC

             SEA awarded over £5.5M TfL and Network Rail contracts


Cohort plc, a leading independent technical services business, is pleased to
announce that its subsidiary company, SEA Group, has been awarded contracts from
Transport for London (TfL) and Network Rail with a combined value in excess of
£5.5 million.


TfL's 4-year Framework contract (initially valued at over £3.5M) is for the
design, development, roll-out and operation of a new Digital Traffic Enforcement
System (DTES). DTES will replace TfL's current analogue traffic enforcement
system and reduce the cost of collecting, processing and storing evidence of bus
lane, parking and red route infringements, whilst improving the quality and
reliability of future enforcement operations. With the introduction of the
Traffic Management Act (2004) concerning the decriminalisation of moving traffic
offences, (due to become law in Spring 2008), there is the potential for
deployment of the DTES technology by other Local Authorities around the country.


The Network Rail contracts (circa £2M) are for a Signal Sighting Asset Data
Store (SSADS) and the automation of Signallers Forms (SF). SSADS will enable
Network Rail to improve the management of signal assets condition assessments
and the planning of signalling renewals. SF will provide Network Rail with a
more effective means of capturing, storing and disseminating information between
Signallers and other Operational third parties. Both contracts will run for a
period of 12 months.


Nick Prest CBE, Chairman of Cohort plc, commented: "This is a good start to
2008. We are delighted to have been awarded these important contracts from two
such prestigious clients. They consolidate our position and provide an excellent
basis for further opportunities and developments within the Transport market."


For further information, please contact


Cohort plc                               01491 843150

Stanley Carter, Chief Executive

Simon Walther, Finance Director


Investec                                 020 7597 5970

Michael Ansell


Hogarth Partnership Limited              020 7357 9477

Julian Walker, Andrew Jaques, Vicky Watkins



NOTES TO EDITORS


Cohort plc (www.cohortplc.com)


Cohort is a defence technical services group. It operates through three
wholly-owned subsidiaries, MASS Consultants ("MASS"), Systems Consultants
Services ("SCS") and SEA Group ("SEA") , all of which are leading independent
service providers, working for defence (air, land and sea), wider government and
industry clients.


  • MASS (www.mass.co.uk) was acquired by Cohort in August 2006 for an
    initial consideration of £12.5m and is an independent UK Systems House
    focused on the defence and aerospace markets. MASS offers specialist skills
    in four main business areas: Managed Services, Electronic Warfare, Secure
    Communications and Information Systems.

  • SCS (www.scs-ltd.co.uk), Cohort's original operating company, provides
    independent consultancy support, which combines technical expertise with
    practical experience and domain knowledge, primarily but not exclusively to
    the defence sector.

  • SEA (www.sea.co.uk) is an independent systems engineering and software
    company operating primarily in the defence sector, but with three other
    divisions focused on the space, transport and offshore arenas. SEA was
    acquired by Cohort on 31 October 2007 for an initial consideration of
    £20.7m.


Cohort was specifically established to capitalise on consolidation and organic
growth opportunities in the defence technical services market and was admitted
to trading on AIM on 8 March 2006.


                      This information is provided by RNS
            The company news service from the London Stock Exchange

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