EANS-Adhoc: Kapsch TrafficCom wins major contract in Russia
29.12.2011 – 17:47
-------------------------------------------------------------------------------- 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. -------------------------------------------------------------------------------- Contracts 29.12.2011 Vienna, December 29, 2011. Kapsch TrafficCom AG (ISIN AT000KAPSCH9), listed on the Vienna Stock Exchange in the prime market segment, reports that the Russian Highway company Avtodor published the following press release today (the following is an unauthorised excerpt in English of the Russian source text): "PRESS RELEASE issued by The Russian Highway company Avtodor Moscow, DECEMBER 29, 2011 [The supervisory board of Avtodor has approved long-term operation contract The supervisory board of State Company "Avtodor" has approved the long-term operation contract for repair, maintenance and toll-based operation of a segment of the M4 «Don» Highway with OOO United Toll Systems (UTS). The subject of the contract is the operation of the km 225.6 - km 633.0 segment of the M4 «Don» Highway. The 10-year contract will be structured with a 3-year extension option. A key responsibility of UTS will be implementation of an Intelligent Transportation System (ITS) on the km 225.6 - km 633.0 section - advanced and highly efficient traffic management technologies developed based on the best Russian and international expertise and the latest achievements in IT and telecommunication technologies. A combination of traffic information support and traffic management systems, ITS will significantly enhance traffic safety and traffic control in the area, including through rapid accident response capability. The concept of the operation contract envisioning installation of traffic control infrastructure, maintenance and operation, including toll collection per se, is new to the Russian market. Such contracts will facilitate further development of the national road network and offer users world-class toll highway service and finally ensure integration of Russian toll roads into a European toll roads system. The 1,500 km-long M4 «Don» Federal Highway links Moscow with Novorossiysk via Voronezh, Rostov-on-Don and Krasnodar. The length of the highway toll segments is expected to total 662.9 km (40% of the highway).]" The original release by the Russian Highway company Avtodor is available at the website of the authority under http://www.russianhighways.ru/news/757-nablyudatelnyj-sovet-avtodora-odobril-zaklyuchenie-dolgosrochnogo-operatorskogo-kontrakta-s-ooo-obedinennye-sistemy-sbora-platy-osp.html. end of ad-hoc-announcement ================================================================================ Kapsch TrafficCom is an international supplier of superior intelligent transportation systems (ITS) and primarily supplies electronic toll collection systems. With its end-to-end solution portfolio, Kapsch TrafficCom covers the entire value creation chain of its customers, from products and systems to integration and operations, as a one-stop shop. Kapsch TrafficCom also offers solutions for urban access management as well as for traffic safety and security. Add-on applications to these solutions, such as traffic data collection, complement the offering. With references in 41 countries in all 5 continents, Kapsch TrafficCom has positioned itself among the internationally recognized suppliers of intelligent transportation systems. Kapsch TrafficCom AG is headquartered in Vienna, Austria, and represented in 25 countries. United Toll Systems. ООО United Toll Systems is a joint venture, created by OAO Mostotrest and OOO Kapsch TrafficCom Russia in order to implement toll road operation projects, and to develop and introduce optimal technological solutions with intelligent traffic management systems. OAO Mostotrest is the controlling shareholder in a joint venture with share of 51%. Kapsch TrafficCom Russia holds 33.3 % of the Joint Venture. Mostotrest (including Corporation Engtransstroy and Transstroymekhanisatsiya) is the largest diversified infrastructure and bridge-building company in Russia. Mostotrest core competences include construction and renovation of automobile, railway and urban bridges, automobile roads and other transport infrastructure. The company was established in 1930 as a developer of complex and oversized bridges, and has built and renovated more than 7,500 infrastructure projects (bridges, flyovers, tunnels and interchanges) to date. Mostotrest is currently implementing major infrastructure development projects across Russia, including transport infrastructure for the 2014 Sochi Olympics. For more detailed information, please visit www.mostotrest.ru. 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