Grey Island's NextBus Announces Contract Modification

Follow us on Twitter

Grey Island Systems International, Inc.'s,, (TSX-V: GIS) wholly owned subsidiary NextBus Inc. announced that it received a contract modification from San Francisco Municipal Transportation Agency (SFMTA) that increases the total project value by $933,996 to $12,386,607.

The amount includes the addition of 360 Passenger Information Display Signs, 7 Platform Signs and 50 "Push-To-Talk" Assemblies. In addition, the modification extends NextBus real-time passenger information web hosted services for 1,170 vehicles and the new total of 841 NextBus signs.

"SFMTA is North America's leading public transit agency featuring innovative, fleet-wide Real-Time Passenger Information" noted Lillian Chan, COO of NextBus, Inc. "We are pleased to extend the value of the NextBus service for all SFMTA riders." John Eaton, Chief Financial Officer of NextBus added: "San Francisco transit riders overwhelmingly report that NextBus improves their commute experience."

"Elevated gas prices, a need for clean and green transportation, and the cost of maintaining road and hi-way infrastructure are key factors which are driving increased funding for technologies that improve the effeciency and effectiveness of public transit." said Owen Moore, President Grey Island. -- www.cnxmarketlink.com

Related Articles

View Related News

Receive HULIQ News in Email:

Subscribe in a reader