Vienna/Sydney, August 28, 2012 – Kapsch TrafficCom AG (ISIN AT000KAPSCH9), listed on the Vienna Stock Exchange in the prime market segment, informs that its subsidiary Kapsch TrafficCom Australia Pty Ltd has been contracted by Interlink Roads to supply a new open road tolling system to support capacity enhancement upgrades to the M5 South West Motorway. The total contract value for the implementation of the system reaches approximately AUD 10 million (about EUR 8.5 million).
The NSW (New South Wales) Government and Interlink Roads jointly recognised the need for capacity enhancements to the M5 South West Motorway and developed a program to widen the existing M5 South West Motorway to provide three lanes in each direction between Camden Valley Way and King Georges Road. The existing tolling system will be replaced by a new system that supports an open road configuration that allows free flowing traffic across the three lanes in each direction on the mainline motorway section and six additional tolling points on the nearby on and off ramps to capture feeder traffic. The existing system being replaced is a dual-lane constrained configuration, where vehicles are constrained to their lane by physical barriers.
The new tolling system will be contracted directly to Interlink Roads, whereas the civil works will be separately contracted. A D&C consortium consisting of Abigroup and SKM has developed the concept design for the civil works.
"An efficient tolling system is so fundamental to a successful tolling operation that we have contracted this work directly" stated Rex Wright, CEO of Interlink Roads. “We are confident that we have engaged the right supplier with a proven track record of delivering accurate and reliable systems both in Australia and internationally”.
"An existing operator of a successful motorway is well informed of what is required to operate and of what the market has to offer." says Georg Kapsch CEO of Kapsch TrafficCom Group. "We are delighted to see that our long term investments, in the accuracy and reliability of our systems in conjunction with our focus on forging lasting relationships with our customers, are being recognized through the award of this contract."
The new tolling system will comprise replacement roadside equipment plus a new back-office system that will incorporates Kapsch’s image processing capability to provide higher levels of accuracy and automation on image based transactions.
The new Tolling System is scheduled to be delivered in October 2013.
About Interlink Roads. Interlink Roads Limited is the operator of the M5 South West Motorway, a privately constructed toll road operated by Interlink Roads under a concession from the New South Wales (NSW) State Government. It was opened in August 1992 and is currently scheduled to be transferred back to the NSW Government in December 2026 upon completion of the M5 west widening project. The M5 South West Motorway is a 21-kilometer motorway and is a significant component of the Sydney Orbital Road Network.
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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