Harmon Industries Wins $2.4 Million Australian Freight Railroad Contract

BLUE SPRINGS, Mo. (Monday, April 10, 1995) -- Harmon Industries Inc., a leading supplier of signal and control equipment for railroad and mass transit systems throughout North America and the world announced today it was awarded a $2.4 million (U.S. dollars) train control contract with the BHP Iron Ore (BHPIO) railroad in Western Australia. Work began in early April and the targeted completion date is April 1996.

Harmon will upgrade the existing wayside signaling system and design and furnish an advanced cab signaling system to increase the operating efficiency of the BHPIO railroad. The upgraded wayside signal system is based on Harmon's Electrocode-4 microprocessor track circuits and the ElectroLogic solid-state vital interlockings. Advanced cab signaling includes Harmon's location-enhanced Ultra Cab II on-board cab signaling system, which will provide target speed information to on-board train engineers as well as automatic train protection (ATP), including controlled braking.

"This contract reaffirms Harmon's commitment to expand our presence in the international train control market," said Björn Olsson, Harmon's president and chief executive officer. "It's an important contract because we will utilize advanced microprocessor technologies on one of the world's premier heavy haul railroads."

Harmon Industries, Inc. is a leading supplier of signal and train control products to freight and transit systems throughout North America and the world. The company is traded in the over-the-counter market and is quoted on the NASDAQ National Market System under the symbol HRMN. For further information, please contact Charles M. Foudree, Executive Vice President-Finance, Harmon Industries Inc., 1300 Jefferson Court, Blue Springs, MO 64015. The telephone number is (816) 229-3345.

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