Vienna/Jönköping, August 10, 2012 – Kapsch TrafficCom AG (ISIN AT000KAPSCH9), listed on the Vienna Stock Exchange in the prime market segment, informs that its Swedish subsidiary Kapsch TrafficCom ,AB has received a first order for the delivery of on-board units (OBUs) from Brazil.
According to André Laux, CEO of Kapsch TrafficCom AB, "this is a very pleasant event as it is our first OBU order in one of the world’s most rapidly growing intelligent transportation systems (ITS) markets. It is a result of years of endeavor and underlines our long term commitment to be part of the converging Brazilian ITS market with the upcoming SINIAV project nearest in mind."
SINIAV (Sistema Nacional de Identificação Automática de Veículos) is organized by the Ministry of the Cities (MC) and the National Traffic Committee (CONTRAN) in Brazil and foresees the mandatory electronic registration for all vehicles in the country, including passenger cars, trucks and motorbikes. For additional information, visit siniav.net.
Kapsch TrafficCom is a provider of high-performance intelligent transportation systems (ITS) in the application fields of toll collection, urban access management and traffic safety and security. Kapsch TrafficCom covers the entire value creation chain of its customers as a one-stop shop by providing products and components as well as subsystems as open market products, by integrating them into turnkey systems or by developing end-to-end solutions, including services for the technical and commercial operations of systems. Within its current core business of electronic toll collection (ETC), Kapsch TrafficCom designs, builds and operates ETC systems, in particular for multi-lane free-flow traffic. With 280 references in 41 countries on all five continents and with almost 70 million on-board units delivered and about 18,000 lanes equipped, Kapsch TrafficCom has positioned itself among the internationally recognized suppliers of electronic toll collection worldwide. Kapsch TrafficCom is headquartered in Vienna, Austria, and has subsidiaries and representative offices in 30 countries.
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For more information:
Kapsch TrafficCom AG
Am Europlatz 2, 1120 Vienna, Austria
Phone: +43 50811 1120