Optare PLC METRODECKER LAUNCH
May 23 2014 - 8:00AM
RNS Non-Regulatory
TIDMOPE
Optare PLC
23 May 2014
Optare plc
("Optare" or the "Company")
OPTARE UNVEILS THE METRODECKER AT LONDON'S TRANSPORT MUSEUM
On 21(st) May, 2014 Optare Plc launched the MetroDecker, its new
double decker bus at the Transport Museum in Covent Garden, London.
The launch was led by the Minister of State for Transport, Baroness
Kramer, Cabinet Office Minister Oliver Letwin and Ministers of
State at the Department for Energy and Climate Change Gregory
Barker and Baroness Verma, Nirj Deva, MEP for South of England, and
London's Deputy Mayor for Transport Isabel Dedring. Leading members
of the business community local and international media and
representatives from the diplomatic community also attended the
launch.
The new MetroDecker shares a common platform with its single
deck siblings and has been designed with the dual purpose of
improved fuel economy and increased customer comfort.
The MetroDecker is the second of a series of products
specifically developed for the London market the first being the
MetroCity. Speaking at the occasion, Mr. G. P. Hinduja, Co-Chairman
of the Hinduja Group said, "We are extremely proud that Optare is
transforming itself in to a truly international company, with the
able support of Ashok Leyland, our group flagship that carries over
100 million people on its buses everyday. In the first phase, Ashok
Leyland invested heavily in upgrading Optare's capabilities by
consolidating production in an all-new manufacturing facility in
Leeds. As part of the second phase, Ashok Leyland is supporting the
development of a new series of products that will open more markets
for Optare - the MetroDecker is a critical product in this new
series. We will continue to invest in and make Optare a premium
urban bus brand globally."
Enrico Vassallo, CEO of Optarepraised the Metro Decker Bus as it
represented an evolution of Optare design and quality standards'
and excellence.
For further information please contact:
Optare plc Tel: 08434 873 200
Garry Booth
Cenkos Securities plc Tel: +44 (0) 20 7397 8900
Stephen Keys/Camilla Hume
This information is provided by RNS
The company news service from the London Stock Exchange
END
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