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Press release

10/3/2018

Kapsch TrafficCom strengthens footprint in Latin America.

Three Urban Traffic Management Contracts in Argentina, Panama and Peru.

Vienna/Buenos Aires, October 3, 2018 – Kapsch TrafficCom has been awarded three major contract wins in Latin America to provide advanced traffic management systems to Buenos Aires (Argentina), Lima (Peru) and the Panama City (Panama). The new contracts sum up to an accumulated value of approx. EUR 15 million. The Austrian headquartered mobility expert thus strengthens both its local footprint in the Latin American region as well as its expertise in managing dense traffic environments in major cities around the globe. All contracts are covered by Kapsch’s EcoTrafiXTM urban traffic management software. However, requirements differ in terms of size, scope of work and aim thus proving the adaptability and scalability of Kapsch’s urban traffic management software as well as expertise. "Our steadily growing presence in Latin America is a strong proof of the viability of our growth strategy", explains André F. Laux, COO Kapsch TrafficCom. "The increasing demand shows that the topic of Smart Urban Mobility is becoming more and more important worldwide and that we are well ahead with our offer through both solution competence and implementation strength."

In Buenos Aires, EcoTrafiXTM will be used as lead mobility dashboard system integrating existing urban traffic control and management systems and aims for better coordination between agencies as well as better access to transportation information enabling high quality decisions and planning for the city mobility strategy. Around three million citizens of Buenos Aires and nine million from surrounding areas will benefit from the intelligent traffic management system that will control more than 3800 intersections integrating four different technologies, protocols and vendors, 60 variable message signs, 150 CCTV cameras, and different traffic sensing technologies. The system will also integrate information from public services like trains, buses, subway and shared bicycles. The project will be rounded off with the integration of existing third-party ITS (Intelligent Transportation Systems) and urban traffic control systems enabling a multi-agency coordination for events management. Information of the police, fire brigades, ambulances or citizen travel information and more can be included in the future.

In Lima, Kapsch is responsible for engineering, implementation, installation, centralization and maintenance of almost 300 intersections. The contract was awarded by the Metropolitan Municipality of Lima. EcoTrafiXTM will be used to control more than 5,000 traffic lights, 128 CCTV cameras, 860 vehicle detection devices, 90 kilometers of optical fiber, 63 bluetooth detection system sensors and 15 variable message signs. The system will deliver also advanced functions such as origin-destiny-matrix to better monitor movements and flows of vehicles and improve traffic conditions. All will be controlled via a new videowall and server equipment for the main traffic control center. This new contract strengthens Kapsch’s position in the Andean region and Central America, where urban traffic management systems by Kapsch are used in the main cities throughout the Latin America (e.g. Rio de Janeiro (BR), Santo Domingo (RD), Quito (EC), and others).

In Panama, Kapsch was commissioned by the Transit and Land Transportation Authority to implement a preventive and corrective maintenance of the traffic lights centralization system of the City of Panama. The system was initially installed in 2006 based on the solutions EcoTrafiXTM Expert and EcoTrafiXTM Controller. The contract has a duration over the next 18 months.


Kapsch TrafficCom is a provider of intelligent transportation systems in the fields of tolling, traffic management, smart urban mobility, traffic safety and security, and connected vehicles. As a one-stop solutions provider, Kapsch TrafficCom offers end-to-end solutions covering the entire value creation chain of its customers, from components and design to the implementation and operation of systems. The mobility solutions supplied by Kapsch TrafficCom help make road traffic safer and more reliable, efficient, and comfortable in urban areas and on highways alike while helping to reduce pollution.

Kapsch TrafficCom is an internationally renowned provider of intelligent transportation systems thanks to the many projects it has brought to successful fruition in more than 50 countries around the globe. As part of the Kapsch Group, Kapsch TrafficCom has subsidiaries and branches in more than 30 countries. It has been listed in the Prime Market of the Vienna Stock Exchange since 2007 (ticker symbol: KTCG). Kapsch TrafficCom currently has more than 5,200 employees, and generated revenue of approximately EUR 693.3 million in fiscal year 2017/18.

 

Press contact:

Alf Netek
Chief Marketing Officer & Press Officer
Kapsch Aktiengesellschaft
Am Europlatz 2, 1120 Vienna, Austria
P +43 50 811 1700
alf.netek@kapsch.net
Alexandra Vieh
Head of Marketing and PR, Global
Kapsch TrafficCom AG
Am Europlatz 2, 1120 Vienna, Austria
P +43 50811 1728
alexandra.vieh@kapsch.net

Investor contact:

Hans Lang
Investor Relations Officer
Kapsch TrafficCom AG
Am Europlatz 2, 1120 Vienna, Austria
P +43 50 811 1122
ir.kapschtraffic@kapsch.net