Landscape orientation is not supported!
Please turn your device to portrait mode.

We use cookies on our website to ensure that we give you the best experience and to improve our website constantly, for statistical analyses and to adapt the content to your needs. To learn more about how we use cookies and how you can change your settings please click here! If you continue your session on kapsch.net, you consent to the use of cookies.
Loading

Press release

3/2/2012 - Investor News, Customers & References

Kapsch TrafficCom with EUR 25 million contract award in France

Kapsch TrafficCom AG reports a contract award in France worth more than EUR 25 million.

Vienna, 2 March, 2012. - Kapsch TrafficCom AG (ISIN AT000KAPSCH9), listed on the Vienna Stock Exchange in the prime market segment, reports a contract award in France worth more than EUR 25 million.

Kapsch TrafficCom has concluded an agreement with Axxès, a leading French toll service provider, for the supply of on-board units (OBUs) and central solutions for the charging system based on the Global Navigation Satellite System (GNSS) technology, in view of the operations of the French truck taxation project called Ecotaxe, and with possible future extensions to other European Electronic Toll Service (EETS) domains. The total contract value is above EUR 25 million.

"This is the largest win in the Global Navigation Satellite System (GNSS) technology in the history of Kapsch TrafficCom," says André Laux, member of the Executive Board of Kapsch TrafficCom AG. "This initial contract award also secures a significant contribution of Kapsch TrafficCom to the Ecotaxe project," Laux adds.


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.

 

Tags
internationality, TrafficCom, major projects, on-board units, France, toll system, EETS

Press contact:

Marcus Handl
Investor Relations
Kapsch TrafficCom AG
Am Europlatz 2, 1120 Vienna, Austria
Phone: +43 50811 1120
E-mail: ir.kapschtraffic@kapsch.net

Download: