Keolis approves its first delivery of GEPS®
Nasdaq First North listed H&D Wireless AB, has previously announced the agreement from Keolis, a major bus and transport company to streamline operations at its bus depots. H&D Wireless has now successfully completed the installation of GEPS® for Yard Management, using its real-time positioning solution (RTLS), at the Hornsberg and Bromma depots in Stockholm. Now Keolis has approved the delivery for GEPS®, launching the start of commercial operations.
The project was expanded from the original plan of covering just one to two depots, after a fire broke out at the Keolis Hornsberg site in December 2018 reducing its capacity. The system has been installed at both the main Hornsberg and auxiliary Bromma depots. GEPS for Yard management will be used to streamline the bus depot operations and facilitate maintenance planning and repair to save staff time and increase visibility. H& D Wireless was responsible for conceptualization, development, installation, configuration, optimization, addition of WiFi / Internet access. After system and field testing of GEPS by H&D Wireless, Keolis has now approved delivery, which means start of commercial cloud service.
The contract for the Hornsberg depot is for two years and corresponds to a deal value of SEK 1.2 million. In the agreement, Keolis has also issued an intent to extend the contract to all five depots in Stockholm area after further evaluation.
- Jan Kilström, CEO Keolis Sverige AB said, "We have high expectations for the H&D Wireless solution. The staff at Hornsberg depot can already see clear improvements in their operations after they have gained access to GEPS®. The system visualizes and streamlines the handling of how we find buses at the depot, which was a task that until now had been handled completely manually with a lot of extra work, risk of delays and potential misunderstandings. We are enhancing our operations to deliver the best possible service and in the long run, win more tenders in a fiercely competition marketplace. Assuming the commercial service of GEPS® runs well, we can now proceed with planning the roll-out to other depots according to the Dec'2018 LOI.".
Stockholm 21th August 2019.
This information is such that H&D Wireless AB is obliged to disclose in accordance with the EU Market Abuse Regulation. The information was submitted, through the contact person below, for publication 12:00 CET on August 21th, 2019.
For further information please contact:
Pär Bergsten, CEO & Founder
Switchboard: + 46-8-55118460
Email: [email protected]
Web: www.hd-wireless.com
About H&D Wireless:
H&D Wireless is a leading Swedish provider of Internet of Things (IoT) technology and Real-Time Location Services (RTLS) to enterprise and manufacturing customers with its Griffin® and GEPS® cloud platforms. H & D Wireless was founded in 2009 with over 1 million wireless products delivered so far for IoT and M2M applications worldwide. The company develops and delivers solutions that digitize and visualize physical processes, identifying among other things, the handling of assets, materials, tools and machines with its proprietary GEPS™ (Griffin Enterprise Positioning Services) suite of products. H&D Wireless shares have been listed on Nasdaq First North in Stockholm since December 2017 with FNCA Sweden AB, Tel: +46(0)8-528 00 399 as Certified Advisor. Web: www.fnca.se
About Keolis:
Keolis is one of Europe's leading public transportion companies with operations in 16 countries on four continents. Keolis business concept is to create value for riders, the community and the owners through locally adapted and sustainable city traffic. Keolis Sweden is located in Stockholm, Gothenburg, Jönköping, Dalarna, Östergötland, Värmland and Örebro counties. Sales in 2017, SEK 4.7 billion in Sweden. Web: www.keolis.se
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