Yorkshire company captures Asian market
Dienstag, 8 Dezember 2009
Leeds-based firm Coe, which supplies advanced CCTV to monitor traffic in cities such as London, has won a number of significant contracts such as Seoul Metro – a system boasting more than 8,000 cameras.
Coe has more than 10,000 installations worldwide across traffic and transport, heavy industrial and urban surveillance sectors. These include the London Congestion Charge network, underground and high-speed rail systems worldwide including the UK, Singapore, France, Spain, Germany, Hong Kong and Delhi, airports across Germany, Hong Kong and South East Asia and road systems worldwide.
Recent wins in the Asian market have seen orders rise by more than 35% and include the upgrade of transmission equipment on East/West and North/South rail lines for Singapore MRT to add around 4,000 cameras to the existing network. Gunsan Port signals Coe's second major port win in Asia following its success at the Port of Singapore based on its IP digital video technology.
The company has also been busy launching new technology such as I-Vue Cameras, a range of IP/Analogue cameras providing a choice of compression options, high performance quality and built in motion detection.
Ian Jefferson, Coe's chief executive, said: "There are two key achievements which stand out for me this year.
"The first one is the group turnaround. Achieving a profit in a very difficult economic climate is a tremendous result and a testament to the talented group of people we have at Coe."
He continued: "The second is the Seoul Metro contract win. This contract, which is worth in excess of £1m, was through a new partner in a new territory and demonstrates the competitiveness of our solution and the quality of partners we are attracting."
Mr Jefferson said that Coe would now be stepping up its business development activity as it looked to replicate its success worldwide.