30 May 2008

Connexionz Limited (NZAX:CNX) announced today that it has secured an NZD 3.6m (USD 2.9m) contract, which includes a three-year maintenance component, for the supply of their Real Time Passenger Information (RTPI) system for the City of Santa Clarita, California.

Jeff O’Keefe, the City Transit Manager for Santa Clarita said "We are pleased to be partnering with Connexionz on this very exciting and important project.."

Connexionz will now have seven systems operating in the US however up until now most have been located on the East Coast. “We are extremely pleased to have achieved this sale as it will become an important reference site for future prospects on the West Coast where there are high levels of interest in RTPI” Boyce said.

This is also the first system won using the NZ Export Credit Office (NZECO) performance bond guarantee programme. Under the programme, Connexionz’s performance bond is guaranteed by the NZECO. The NZECO is a branch of NZ Treasury. Connexionz’s acceptance into the programme attests to the company’s strong track record in reliably delivering its systems to time and budget.

“We are building momentum in the US market whilst at the same time receiving enquiries from cities in New Zealand, the UK, Eastern Europe, South America and Malaysia. Our marketing efforts have been particularly focused on the US and we are pleased to see this significant reward in recognition of that investment”.

This news follows hard on the heels of the successful deployment of a RTPI system for the City of Charlottesville, which was completed earlier in the month. Santa Clarita is the fourth largest city in Los Angeles County, California, United States. As of the 2007 California Department of Finance estimate, the city population was 177,158. Including unincorporated areas of the Santa Clarita Valley, the population is estimated at over 200,000. It is located about 56 km (35 miles) northwest of downtown Los Angeles.

Connexionz produces real time passenger information systems for public transport. These systems allow passengers to receive up to the minute arrival times at bus stops, allow bus operators to manage their fleets and local government officials to administer their public transport systems. Its systems now operate in the US, UK, Australia and New Zealand. The seven systems in the US include: the City of Charlottesville, the University of Virginia, Arlington County, Virginia; the University of Maryland; Santa Clarita, and Corvallis, California; and Portland, Oregon.

If you have any further questions please feel free to contact the Chairman, Craig Boyce, Ph 029 534 5508.