9/10/03---wonder woman, page-5

a sparkling penny major--pcl--ww The first major contract PCL will implement is the GMPTE Concessionary Fare Scheme which is set to be the first large scale roll-out of smart card in the UK. GMPTE's original plan entered into in 1993 with a subsidiary of PCL was delayed due to the intervening privatisation of the bus transport network in Manchester. The contract, worth approximately A45 million over 8 years will see ERG enter a broader alliance with Stagecoach which will eventuate in PCL providing smart card technology across the Stagecoach network in the UK. ERG will derive revenue and profit from licence fees, software maintenance, equipment supply and its ongoing participation and sell down of equity.alliance with Sema Group plc September 99 PCL for Proton World multi-application smart card technology licence for the UK.The Venus contactless interface compliant ISO 7816EMV compatibleSan Francisco, Rome and Manchester."In this regard it is worth noting that the Group has recently finalised or been awarded contracts in Washington DC, Sydney and Seattle and is continuing delivery of operations in Gothenburg, Manchester, Melbourne, Oslo, Rome and San Francisco. The collective revenue from these projects over the life of those contracts is over $1 billion."--