1 June 2009
TG21 PLC
('TG21' or 'the Company')
CHANGE OF NAME AND WEBSITE
TG21, the vehicle installation service provider supplying public transport CCTV and other monitoring systems, is pleased to announce that, pursuant to the announcement released on 16 April 2009 and following approval of the relevant resolution at an Annual General Meeting of the Company held on 26 May 2009, the Company's name will change to 21st Century Technology plc with effect from 8:00 a.m. today, Monday 1 June 2009.
The Company's ISIN will remain as GB0008866310 and the EPIC will trade on AIM as C21.L.
The Company's new website address is www.21stplc.com
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Further enquiries: |
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21st Century Technology plc |
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Wilson Jennings, Finance Director |
Tel: 020 8710 4016 |
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Daniel Stewart & Company PLC |
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Graham Webster/Tessa Smith |
Tel: 020 7776 6550 |
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Hogarth Partnership Limited |
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Barnaby Fry/Vicky Watkins |
Tel: 020 7357 9477 |
Notes to Editor:
Launched in 1993, the company began as Toad plc and was focused on the distribution of in-car entertainment systems and vehicle security products. Under the stewardship of Chairman Peter Ward, former Chairman and CEO of Rolls Royce Motors and Cunard Line, who joined the board at the end of 2001, TG21's strategy has been to reposition itself away from its legacy businesses into markets with better growth potential while leveraging its core strengths - nationwide field force of vehicle electrical engineers, call centre and distribution facilities.
In line with this strategy, in 2005 the company took a controlling stake in 21st Century Crime Prevention Services Ltd ('21st Century'), the preferred supplier of on-board CCTV systems for Arriva UK Bus. 21st Century has pioneered the use of WiFi with on-board CCTV systems and was the first company to successfully launch automatic video downloads and a bus CCTV monitoring system (HeartbeatTM).
21st Century's new EcoManager product has also contributed significantly to the recent increase in revenue in the Group's Public Transport Solutions division. The EcoManager system, which incorporates a passenger counting facility, is aimed at reducing fuel costs, improving safety and enhancing revenues for bus operators by monitoring driving styles against fuel consumption.
This information is provided by RNS