EANS-Adhoc: Kapsch TrafficCom selected by the E-ZPass Group in the United States as Vendor for New 10 Year Technology and Services Contracts
22.07.2011 – 11:04
-------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- 22.07.2011 Vienna, July 22, 2011. Kapsch TrafficCom AG (ISIN AT000KAPSCH9), listed on the Vienna Stock Exchange in the prime market segment, states that the E-ZPass Group, a coalition of 24 toll agencies in 14 U.S. States, published the following release in the afternoon of July 21, 2011 local time regarding its U.S. subsidiary Kapsch TrafficCom IVHS: E-ZPass Announces Selection of Technology Vendor for New Contract Electronic toll system will provide devices, readers and equipment without disruption to 21 million customers Wilmington, DE - The E-ZPass Group, a coalition of 24 toll agencies in 14 states that operates the largest interoperable toll collection system in the world, announced today that it has selected a vendor to provide transponders, readers, ancillary equipment and services to support the continued operations of the E-ZPass electronic toll collection system in a new agreement. Following a comprehensive competitive procurement process, Kapsch TrafficCom IVHS, Inc. has been selected as the vendor for the new ten-year technology and services contracts to be awarded by each of the E-ZPass Group member agencies, subject to individual agency approval processes. "E-ZPass is the world leader in toll interoperability. Our customers have come to expect the enhanced travelling experience our interoperable system provides. They will be well-served by the new contract, as the more than 21 million transponders in use throughout the 14-state E-ZPass region will remain fully compatible with the new equipment procured in the future," said PJ Wilkins, Executive Director of the E-ZPass Group. Wilkins added that E-ZPass users will not need to take any action as the E-ZPass Group transitions to the new technology contract. Kapsch TrafficCom IVHS, Inc. was selected for contract award after responding to a request for proposal where they received the overall highest score and had the lowest cost during the evaluation process. Evaluation elements included technical and non-technical criteria, as well as estimates for operating and transition costs. E-ZPass Group Chairman Donald Bell said that the selection of Kapsch TrafficCom IVHS, Inc. as the technology vendor assures continued high accuracy rates at the industry´s most competitive prices. end of ad-hoc-announcement ================================================================================ Kapsch TrafficCom is an international supplier of superior Intelligent Transportation Systems (ITS). Its principle business is the development and supply of electronic toll collection systems, in particular for the multi-lane free-flow of traffic, and the technical and commercial operation of such systems. Kapsch TrafficCom also supplies traffic management systems, urban traffic solutions and selected ITS and telematic applications. With 260 references in 41 countries in all 5 continents, and with almost 44 million on-board units delivered and more than 18,000 lanes equipped, Kapsch TrafficCom has positioned itself among the inter nationally recognized suppliers of electronic toll collection systems. Kapsch TrafficCom is headquartered in Vienna, Austria, and has subsidiaries and representative offices in 25 countries. Disclaimer The information contained in this announcement serves information purposes and does not constitute an offer to sell nor a solicitation to buy or subscribe for any securities of Kapsch TrafficCom AG. This ad-hoc release and the information it contains are not for publication in the United States of America (U.S.A.) and may not be distributed to U.S. persons (as defined in Regulation S of the U.S. Securities Act (Securities Act) of 1933, as amended) or to publications with a general circulation in the United States. This stock exchange announcement does not constitute an offer for the sale of securities or solicitation of an offer to purchase securities in the United States. The securities of Kapsch TrafficCom AG have not been registered under the provisions of the Securities Act and may not be offered, sold or delivered to U.S. persons without prior registration under or exemption from the registration requirements. This ad-hoc release is exclusively addressed to persons (i) outside the United Kingdom, or (ii) who are investment professionals for the purposes of article 19(5) U.K. Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the Order), as amended, or (iii) who are included under article 49(2)(a)(d) of the Order (high net worth companies, unincorporated associations, etc.). All such persons are hereinafter referred to as Relevant Persons. No person who is not a Relevant Person may take action on the basis of this press release or the information contained herein or rely thereon. Investment or investment activities in connection with this press release are only available to Relevant Persons, and investment business will only be transacted with Relevant Persons. Further inquiry note: Marcus Handl Investor Relations Kapsch TrafficCom AG Tel: +43 (0) 50 811 1120 Am Europlatz 2, A-1120 Vienna, Austria E-mail: ir.kapschtraffic@kapsch.net www.kapschtraffic.com end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: Kapsch TrafficCom AG Am Europlatz 2 A-1121 Wien phone: +43 1 50811 1122 FAX: +43 1 50811 99 1122 mail: ir.kapschtraffic@kapsch.net WWW: www.kapschtraffic.com sector: Technology ISIN: AT000KAPSCH9 indexes: Prime Market stockmarkets: official market: Wien language: English