ERG LIMITED 2002-09-12 ASX-SIGNAL-GHOMEX -...

ERG LIMITED 2002-09-12 ASX-SIGNAL-G

HOMEX - Perth

+++++++++++++++++++++++++
ERG Group today announced it has been awarded the contract to install
a smart card based fare collection system for the Las Vegas Monorail
Project. The contract has been awarded by Bombardier Transportation,
a unit of Bombardier Inc, a Canadian based diversified manufacturing
and service company.

The Las Vegas monorail system is scheduled to be opened to the public
in early 2004 and is expected to carry 19 million passengers in its
first year of operation. The monorail will service 60,000 hotel rooms
and the world's largest convention centre. There will be seven new
stations built in the first phase of the project and a further five
stations will be included in an extension to be built in the near
future.

The system will cater for contactless smart cards as well as magnetic
tickets for single journeys. In conjunction with the ticketing
system, ERG has been contracted to install its central computer
processing system. The total system will be capable of expansion into
multiple applications for smart cards including electronic purse for
casinos, security access and loyalty schemes. The monorail smart card
scheme will also be able to be integrated with other transport modes
such as the city's bus network at a future date.

The Las Vegas project is the fifth city in North America that has
chosen the ERG smart card technology for public transport after San
Francisco, Ventura County (outside Los Angeles), Seattle and Toronto.

Mr Mike Nash, President of ERG's North American Operations said:
"This contract is further evidence of ERG's strong presence in the
North American market. Las Vegas will join our projects in San
Francisco, Toronto and Ventura County in Los Angeles as live
demonstrations of the value of our technology."

BACKGROUND INFORMATION

ERG GROUP

The ERG Group is a world leader in the development and supply of
integrated fare management and software systems for the transit
industry, and for its smart card systems and services. The Group
includes Belgian-based Proton World, specialising in high security,
payment and identity smart card systems. ERG has 17 offices across 13
countries and employs approximately 880 people. ERG's customer list
includes automated fare collection projects in more than 200 cities
and in excess of 50 banks through Proton's licence agreements.
Throughout the world, the Group has more than 50 million smart cards
in circulation. ERG is an Australian-based company, listed on the
Australian Stock Exchange.