October 26, 2010

NextBus wins Triad Transit System contract

NextBus Inc., a California-based subsidiary of WebTech Wireless Inc. , was awarded a $1.65 million Real Time Passenger Information System contract by Triad Transit Systems, a group of North Carolina-based fleets.

NextBus® GPS Automatic Vehicle Locator units will be deployed on 164 buses across 72 routes within the Triad Transit Systems. As part of the five-year contract, the company will receive approximately $770,000 in revenue in the first year, which includes hardware, setup and service, and approximately $221,000, primarily as service revenue, for each of the remaining four years. The contract has an additional one-year option to extend services.

Under the contract, NextBus will use its patented technology to process data obtained from buses in the Triad Transit Systems to provide real-time, predictive, up-to-the minute information arrival times to users, not just the posted schedule times. Bus arrival information will be available to passengers through a series of 39 newly installed LED signs along the routes, a phone- and website-based traveller information service, the nextbus.com website, as well as cellular and smartphone text messaging.

The company will also provide Triad's fleet managers with a set of monitoring and reporting tools to improve fleet operations and enhance customer service. The Triad Transit Systems is comprised of Greensboro Transit Authority, Piedmont Authority for Regional Transportation, High Point Transit Authority and Winston-Salem Transit Authority in North Carolina.

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