111:
286:
ticketing system in
Victoria in 2005 and sub-contracted the installation and repair of myki equipment to ERG, in an A$ 106 million contract. However, ERG refused to release myki equipment to Kamco claiming "unpaid bills worth $ 1.8 million". Kamco repudiated the contract in June 2009, arguing a
37:
325:
because of the cost of liquidation. The debt arose from borrowing to finance the litigation with the NSW government, referred to below, and its settlement. Administrators were appointed on 29 December 2017, and the company was declared liquidated on 22 February 2018.
191:
were switched on. This covered a fleet of around 1,600 buses and comprised the second stage of converting all of Sydney's government-run public transport services to electronic ticketing. Different suppliers were used for each mode of transport, with
165:, Canada. That same year Energy Research Group (ERG) was listed on the stock exchange. ERG was a venture capital-backed company, researching various technologies including an electronic sign board and a manufacturing process for surfboards.
317:
Videlli retained a minor shareholding in Vix
Technology, finally sold to Vix Holdings Ltd for $ 5 million in 2013. The one ordinary share had previously been reported in financial statements as having no value.
175:
In 1989, ERG acquired
Radiolab, which specialised in pagers and base stations, to become ERG's telecommunications and manufacturing division. ERG also acquired a 70% interest in Prodata Electronics, Belgium.
271:
The case was settled in
February 2012, with the government keeping the $ 27 million security deposit and Videlli paying a further $ 5 million in settlement. Both sides bore their own legal expenses.
934:
258:
system. The contract was terminated by the New South Wales government on 23 January 2008, and the government announced their intention to recover the project costs of $ 90 million from ERG.
246:
cancelled the Tcard project, with lawsuits in both directions. The government sued ERG for $ 77 million; ERG counter-sued for $ 215 million. The claim was settled in
February 2012.
634:
881:
261:
ERG claimed that the PTTC "had itself materially contributed to the delays associated with the project and ... failed to act reasonably and in good faith", and lodged a
343:
959:
939:
522:
238:
In
February 2003 ERG's subsidiary Integrated Transit Solutions won the tender to design, build and operate the Sydney integrated ticketing project, or
954:
949:
882:"Videlli Limited 009 112 725 | Voluntary Administration | Meeting | WA | Published : 08/02/2018 | ASIC Notice Details"
467:
172:, resulting in the world's first use of smart cards for passengers by a public transit organisation. In 1988 ERG acquired the balance of AES.
488:
944:
505:
307:, and paid out its debts. The sale left ERG with its claim against the NSW Government arising from the Tcard contract as its sole asset.
161:-based engineering company, began developing an automated fare collection (AFC) system. In 1984 AES won a contract for an AFC system in
321:
As at 30 June 2014, Videlli had no assets and had a debt of $ 21 million to Vix
Treasury. The company was inactive, but chose not to
662:
303:
project, ERG was left with large accumulated costs arising from the project. On 31 December 2008, ERG sold its operating assets to
645:
541:
581:
761:
700:
310:
ERG changed its name to
Videlli with effect on 11 March 2009 as part of its restructure. Videlli was delisted from the
386:
17:
311:
138:
825:
389:
243:
200:
installing railway station equipment. The ticket data format was standardised to be common across all modes.
197:
445:
463:
254:
ERG had a contract with the New South Wales Public
Transport Ticketing Corporation (PTTC) to develop the
864:
169:
838:
288:
134:
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184:
110:
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168:
In 1987, ERG acquired a controlling interest in AES. The first project the new ERG won was in
804:
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for a $ 30 million loss it claimed from the repudiation, and Kamco launched a counter-claim.
180:
365:
8:
145:
in 2008, before ERG changed its name to
Videlli and was delisted. Its head office was in
141:
in 1985. Due to the large level of losses run up, ERG sold all the operating assets to
782:
403:
903:
635:"Press release: CLEANING UP LABOR'S MESS: LONG-RUNNING TCARD LEGAL DISPUTE SETTLED"
232:
47:
739:
559:
492:
418:
304:
287:
change in ERG's company structure broke their agreement. ERG sued Kamco in the
142:
928:
224:
137:
systems for transit systems. Founded in 1984 as ERG, it was listed on the
262:
208:
36:
268:
The NSW government was allowed to withhold some evidence in the case.
322:
228:
216:
193:
146:
90:
344:"ERG Australia Ltd acquires Prodata Electronics from Electrorail SA"
204:
705:
162:
935:
Companies formerly listed on the Australian Securities Exchange
904:"Videlli Limited (In Liquidation) - Declaration by Liquidators"
212:
188:
115:
300:
279:
255:
239:
158:
523:"NSW taxpayers 'spared $ 200m loss' as Tcard trial aborted"
283:
220:
101:
506:"Court orders government to hand over Tcard documents"
179:
On 31 August 1992 the ERG Datafare 2000/Prodata based
157:
In 1978, Associated Electronic Services Ltd (AES), a
265:
in May 2008 to recover over $ 215 million in costs.
464:""Media Release – Single Ticket System For Sydney""
839:"Financial Report For the Year Ended 30 June 2013"
560:"ERG Lodges Tcard $ 200m Defence and Counterclaim"
196:/Abberfield installing ferry wharf equipment and
926:
777:
775:
805:"Videlli Limited - Company Profile and Status"
346:. Thomson Financial Mergers & Acquisitions
536:
534:
211:technology, and won substantial contracts in
865:"Annual General Meeting, Chairman's Address"
772:
366:"ERG buys Motorola's share of joint venture"
282:won the contract for the development of the
183:systems fitted to all buses operated by the
960:Technology companies disestablished in 2018
632:
133:) was an Australian company that developed
698:
582:"Smartcard court case could catch cabinet"
531:
35:
940:Defunct technology companies of Australia
675:
955:Technology companies established in 1984
950:Australian companies established in 1984
762:"New owner cashes in on ERG's potential"
633:Berejiklian, Gladys (17 February 2012).
416:ERG Group wins major overseas contracts
299:After the NSW government terminated the
109:
274:
14:
927:
759:
470:from the original on 18 December 2003
845:. Videlli Limited. 26 September 2013
701:"Company behind myki sued for $ 30m"
203:In 1997 ERG formed an alliance with
945:2018 disestablishments in Australia
663:"Tcard battle settled out of court"
235:was formed. Ecard was established.
24:
25:
971:
760:Kruger, Colin (1 November 2009).
719:
249:
722:"ERG sues myki vendor for $ 30m"
678:"ERG sues myki vendor for $ 30m"
644:. NSW Government. Archived from
242:as it became known. In 2008 the
896:
884:. Insolvencynotices.asic.gov.au
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857:
831:
819:
797:
753:
732:
713:
699:Clay Lucas (22 February 2010).
692:
669:
655:
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609:Settlement of T-Card Litigation
600:
574:
552:
516:
499:
446:"ERG LAUNCHES ECARD SMART CARD"
431:Australians win Hong Kong work
676:Ben Grubb (22 February 2010).
542:"Dumped Tcard firm fires back"
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456:
438:
425:
410:
401:ERG Wins Big Ticket Contracts
395:
387:Bay Area signs smart card deal
380:
358:
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312:Australian Securities Exchange
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139:Australian Securities Exchange
13:
1:
826:Important Company Information
489:"NSW ends TRG Tcard contract"
390:Railway Gazette International
329:
244:Government of New South Wales
665:. Fairfax. 18 February 2012.
198:Cubic Transportation Systems
7:
114:ERG smart card reader on a
10:
976:
152:
766:The Sydney Morning Herald
135:automated fare collection
97:
85:
77:
69:
61:
53:
43:
34:
783:"Videlli Limited (VID)"
289:Victorian Supreme Court
185:State Transit Authority
207:, primarily for their
119:
102:http://www.videlli.com
586:Sydney Morning Herald
546:Sydney Morning Herald
526:Sydney Morning Herald
510:Sydney Morning Herald
435:February 2000 page 45
127:Energy Research Group
113:
740:"Restructure Update"
450:www.telecompaper.com
368:. IDG Communications
275:Myki project dispute
422:August 1999 page 12
231:. An alliance with
31:
909:. 22 February 2018
615:, 21 February 2012
548:. 24 January 2008.
407:July 1999 page 166
120:
29:
642:Transport for NSW
588:. 8 December 2010
433:Transit Australia
404:Transit Australia
314:on 30 June 2009.
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16:(Redirected from
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651:on 26 June 2017.
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496:9 November 2007
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181:magnetic-stripe
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123:Videlli Limited
104:www.videlli.com
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30:Videlli Limited
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18:Videlli Limited
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680:. ZDNet.com.au
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493:The Australian
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419:Railway Digest
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305:Vix Technology
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250:Tcard lawsuits
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143:Vix Technology
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785:. Investogain
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562:. Videlli Ltd
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911:. Retrieved
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886:. Retrieved
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847:. Retrieved
842:
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821:
809:. Retrieved
799:
787:. Retrieved
765:
755:
743:. Retrieved
734:
725:
720:Grubb, Ben.
715:
704:
694:
682:. Retrieved
671:
657:
646:the original
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628:
617:, retrieved
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602:
590:. Retrieved
585:
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564:. Retrieved
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545:
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508:
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491:
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472:. Retrieved
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432:
427:
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397:
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372:16 September
370:. Retrieved
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350:16 September
348:. Retrieved
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237:
202:
178:
174:
167:
156:
149:, Victoria.
130:
126:
122:
121:
86:Headquarters
44:Company type
26:
843:Videlli.com
745:30 November
592:30 November
566:30 November
513:9 June 2010
474:18 December
392:1 July 1999
295:Liquidation
263:countersuit
54:Predecessor
929:Categories
811:1 December
807:. deListed
330:References
209:smart card
125:(formerly
888:4 October
323:liquidate
229:Singapore
217:Hong Kong
194:Thorn EMI
147:Melbourne
91:Melbourne
57:ERG Group
468:Archived
205:Motorola
81:Delisted
828:Videlli
706:The Age
684:10 July
163:Toronto
153:History
131:ERG Ltd
98:Website
70:Defunct
62:Founded
48:Private
849:5 July
619:7 June
213:Berlin
189:Sydney
170:Darwin
116:Moscow
913:6 May
907:(PDF)
868:(PDF)
789:6 May
726:ZDNet
649:(PDF)
638:(PDF)
613:(PDF)
301:Tcard
280:Kamco
256:Tcard
240:Tcard
159:Perth
915:2020
890:2019
851:2017
813:2011
791:2020
747:2011
686:2014
621:2012
594:2011
568:2011
476:2003
374:2008
352:2008
284:myki
227:and
221:Rome
78:Fate
73:2009
65:1984
187:in
129:or
118:bus
931::
841:.
774:^
764:.
724:.
703:.
640:.
584:.
544:.
533:^
466:.
448:.
223:,
219:,
215:,
917:.
892:.
870:.
853:.
815:.
793:.
768:.
749:.
728:.
709:.
688:.
596:.
570:.
478:.
452:.
376:.
354:.
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
