Consortium of Datamatics & Mikroelektronika Wins Automatic Fare Collection (AFC) Contract for Lucknow Metro Phase 1A Project

Lucknow, India, May 08, 2016 --(PR.com)-- A Consortium of Datamatics Global Services Limited (DGSL) and Mikroelektronika have won the contract to provide Automatic Fare Collection (AFC) system for the North –South corridor (Phase 1A) of the Lucknow Metro Rail Project. The contract has been awarded to the Consortium at approximately Rs 64 crores to execute the automated fare collection systems for this prestigious Metro project of the Government.

The contract between the Consortium and Lucknow Metros Rail Corporation (LMRC) was signed on the 3rd May in the presence of Shri Kumar Keshav, Managing Director - LMRC; Shri Rahul Kanodia, Vice Chairman & CEO - DGSL; Shri Jindrich Nadvornik, CEO - Mikroelektronika and other top officials from LMRC, DGSL and Mikroelektronika.

On the occasion, Shri Kumar Keshav, Managing Director - LMRC, said “This signing of contract for providing the Automatic Fare Collection System for Lucknow Metro has now taken us much closer towards implementation of system contracts. Lucknow Metro is determined to provide a world class modern Metro to the people of Lucknow. We are putting our best efforts to commission the project by December, 2016,” he added.

Shri Rahul Kanodia, Vice Chairman & CEO, Datamatics, said “It’s a proud moment for Datamatics to be given the opportunity to contribute to our country’s vision of creating smart cities and superior transport facilities. An effective public transit system is intrinsic to the concepts and vision of a smart city. And the key to the implementation of these concepts are proper integration and digital transformation of the components that make up an intelligent transportation system. Datamatics has been a technology partner to several global transit systems worldwide for two decades. We shall leverage our technical expertise in designing and implementing Mass Rapid Transit Systems (MRTS) to deliver world-class AFC system for Lucknow metro rail project.”

As part of this contract, Datamatics and Mikroelektronika will be jointly responsible for the design, manufacture, supply, installation, testing and commissioning of the Automatic Fare Collection (AFC) System covering 22 metro stations in the first phase of this project. Datamatics and Mikroelektronika will implement state of art next generation contact less smart card based ticketing solution. Additionally, Datamatics and Mikroelektronika will also provide training for operations and maintenance personnel involved.

About Datamatics Global Services
Datamatics, a trusted partner to several Fortune 500 Companies is a global provider of Information Technology (IT), Engineering solutions (ES) and Business Process Outsourcing (BPO) services. The company provides business aligned next generation solutions to a wide range of industry verticals that help enterprises across the world overcome their business challenges and achieve operational efficiencies.

Datamatics Engineering solutions
Datamatics provides comprehensive engineering, mobility and analytics solutions to its clients in the Mass transport, Retail, Banking and payments Industry. Our innovative and flexible engagement models give our clients advantages in cost management, improved service quality and reduced time-to-market.

Datamatics: Transport offerings portfolio
Service Automation System Design, Development, Implementation and Maintenance: AFC System, Intelligent Transport systems, Tolling, Parking System etc.
Device engineering: Payment Terminals, Self Service Terminals, Video Terminals, TVM’s, TOM’s, AVM’s, ATM’s, POS, Validators, Gates, Readers.
Management framework: Remote Device Management, Configuration Management, Fault Management, Transaction Management
Front end and Back end: UI/UX, Tariff Management, Fare Collection Accounting, Payment & banking system and Central clearing house server (CCHS) integration
Mobility: Smart payments, Service management app,
Business Insight: Business Intelligence & Analytics.

To know more about Datamatics offerings for the Transport vertical, please visit www.datamatics.com/industries/transport.

Safe Harbour
Some of the statements in this update that are not historical facts are forward-looking statements. These forward-looking statements include our financial and growth projections as well as statements concerning our plans, strategies, intentions and beliefs concerning our business and the markets in which we operate. These statements are based on information currently available to us, and we assume no obligation to update these statements as circumstances change. There are risks and uncertainties that could cause actual events to differ materially from these forward-looking statements. These risks Include, but are not limited to, the level of market demand for our services, the highly-competitive market for the types of services that we offer, market conditions that could cause our customers to reduce their spending for our services, our ability to create, acquire and build new businesses and to grow our existing businesses, our ability to attract and retain qualified personnel, currency fluctuations and market conditions in India and elsewhere around the world, and other risks not specifically mentioned herein but those that are common to industry.

For media queries, please contact:
Varad Kamini
Vice President – Marketing and Communications
Datamatics Global Services Limited
varad.kamini@datamatics.com
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Datamatics Global Services Limited
Varad Kamini Arora
02261020801
www.datamatics.com/
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