DGAP-News Funkwerk AG wins landmark contract for Alister interlocking system
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DGAP-News: Funkwerk AG / Key word(s): Contract
Funkwerk AG wins landmark contract for Alister interlocking system
06.02.2012 / 10:00
Funkwerk AG wins landmark contract for Alister interlocking system
- Breakthrough for use in public transport
- Contract valued in mid-single digit millions
- Market for electronic interlocking systems has great growth potential
Kölleda, February 06, 2012 - After substantial restructuring measures over
the last few months, Funkwerk AG has now taken a decisive step in setting
the future course of its operations. In a landmark contract for one of the
company´s primary core products, the efficient Alister interlocking system,
Deutsche Bahn AG has commissioned Funkwerk under the existing module
agreement to modernise the signalling equipment on the Bremen - Bremerhaven
section. The interlocking systems are scheduled for operation in October
2013. The order volume ranges in the mid-single digit millions.
The development of the Alister platform for electronic interlocking systems
has repositioned Funkwerk AG in the signalling equipment market. Contrary
to previous solutions, the system produced by the company´s Traffic &
Control Communication (TCC) segment is based on standard industrial
components, can be individually adapted and has a discretionary safety
standard. This trendsetting concept minimises the costs for the user.
Alister has already proven successful for many years in the cargo sector.
The latest rail contract has given Funkwerk a breakthrough in the important
public transport sector (ESTW-R) and opened up a market that holds
significant growth potential - the European railway infrastructure is
largely outdated and in dire need of modernisation. In Germany alone, some
31,000 units have now reached their age limit.
For further information contact:
Funkwerk AG
Im Funkwerk 5
99625 Kölleda/Thuringia
Germany
Jörg Reichenbach
Investor Relations
Phone: 0 36 35/6 00 -3 46
Fax: 0 36 35/6 00 -5 07
reichenbach@funkwerk.com
End of Corporate News
06.02.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: Funkwerk AG
Im Funkwerk 5
99625 Kölleda
Germany
Phone: +49 (0)3635 600 0
Fax: +49 (0)3635 600 507
E-mail: info@funkwerk.com
Internet: www.funkwerk.com
ISIN: DE0005753149
WKN: 575314
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
155179 06.02.2012
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