Innofactor Plc Stock Exchange Release November 26, 2015, at 15:30 Finnish time
Helsinki City Transport selected Innofactor as the provider of the system that provides situational information on the Metro’s total security. The purchase price (excluding VAT) given by the customer of the procurement for the four year contract period is EUR 2,909,500. The system delivery is planned to be implemented during 2016 and 2017. The delivery includes the planning, realization and implementation of the system, operating, support and maintenance services for it, plus further development of the system. The framework arrangement to be established will be valid at the most for 15 years and the total value of overall contract period, given by Innofactor Software in accordance with the tender, will be EUR 7,025,500.
The purpose of the system is to improve control of complex situations that are critical as regards security. The situational information system is to fulfill the authorities’ requirements concerning the control of situational information. Situational information received from devices and hardware can be used to form a general view and to recognize threats to security. The system will also make it possible to train for efficient and correct actions in extreme special situations. The solution will be implemented as customized software by using the latest and best known implementation technologies offered by Microsoft ASP.Net. The selected technology will ensure the cost-effectiveness of the system during the development and maintenance, and a long lifespan of the system. The deal strengthens Innofactor's position in furthering the digitizing of the public sector and in providing systems that improve security and in the field of IoT (Internet of Things).
The Metro of Helsinki City Transport takes care of the metro traffic. Almost 65 million people are transported annually, and the Metro connects the center of Helsinki and the eastern parts of the city. The Helsinki Metro will experience the biggest changes in its history since the traffic started in 1982 as it expands to Espoo by means of the West Metro. This change will set great challenges to the people responsible for Metro security. In a short time, a totally new and different extension of the metro line and new systems affecting the security will be added under their control. The need for uniform situational information and operation are emphasized as the Metro is expanded and new actors are participating in the operation. The purpose of the situational information system for total security is to support the control and management of the total security of the metro traffic, so that current and future traffic will be safe.
The decision will be enforceable after the appeal period according to the law on public procurement has ended. The City board has also still the right to refer the matter for consideration according to the local government Act.
ESPOO, November 26, 2015
INNOFACTOR PLC
Sami Ensio, CEO
Additional information:
Sami Ensio, CEO
Innofactor Plc
Tel: +358 50 584 2029
Innofactor Innofactor is one of the leading Nordic IT solution providers focused on Microsoft platforms. Innofactor delivers business critical solutions and maintenance services as a system integrator and develops its own software products and services. Innofactor’s own product development is focused on Microsoft’s Windows Azure-based cloud solutions. Innofactor's customers include approximately 1,000 private and public sector organizations in Finland, Denmark, Sweden, and elsewhere in Europe. The company has over 400 motivated and skilled employees in several locations in Finland, Denmark and Sweden. From 2010 to 2014, Innofactor's annual net sales growth has been 45% on average. Microsoft has named Innofactor Plc as the Finnish Partner of the Year in 2015. Innofactor was also selected into the Microsoft’s international finals in two categories. The Innofactor Plc share is listed in the technology section of the main list of NASDAQ OMX Helsinki Oy. www.innofactor.com
