Kapsch TrafficCom Awarded Five-Year, $30 Million Contract by Cantoll

MCLEAN, Va., June 18, 2013 /PRNewswire/ -- Kapsch TrafficCom North America (Kapsch), a subsidiary of Kapsch TrafficCom AG, today announced it has been awarded a five-year contract by Canadian Tolling Company International Inc. (Cantoll) to supply the next generation technology of its TDMA V6 Interior Transponder for 407 ETR, located in the Greater Toronto Area (GTA) of Ontario Canada. The total contract value over the five-year term is estimated at $30 million, and Kapsch, through its Kapsch TrafficCom Canada, Inc. affiliate, is expected to begin delivery of the new transponders in Q3 2014.

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"We look forward to continuing our sixteen-year partnership with the 407 ETR and providing the next generation of transponder technology benefitting the 407 ETR's growing community already exceeding seven million customers," said Chris Murray, President and CEO, Kapsch TrafficCom North America. "Kapsch has enabled many landmark ITS deployments around the globe and we are proud to include the world's first all-electronic toll road in our ITS portfolio."

"ITS Canada is thrilled to note that a local supplier and longstanding member of ITS Canada, Kapsch TrafficCom, has once again been successful in providing transponder design and supply to another of ITS Canada's members, 407 ETR, the world's first all-electronic toll highway, in operation since 1997," said Carl Kuhnke, Executive Director, ITS Canada. "These organizations are working hard to ease what is now the fourth most congested traffic region in all of North America."

About Highway 407 ETR
407 ETR is the world's first all-electronic, barrier-free toll road located in the Canadian province of Ontario. Commonly referred to as Highway 407, the road runs east and west just north of Toronto, from Burlington (in the west) to Pickering (in the east) for a total of 108 kilometers. Since its opening in 1997, 407 ETR continues to fulfill its mission of relieving congestion on Greater Toronto Area highways. For more information, visit: www.407etr.com.

About Kapsch TrafficCom
Kapsch TrafficCom is a leading global provider of high-performance intelligent transportation systems (ITS) and offers solutions across our customers' entire value chain – from single products and components, to fully integrated turnkey systems and solutions in the applications of electronic toll collection, commercial vehicle operations, and highway traffic management. Kapsch TrafficCom has the knowledge, experience and proven track record to successfully design, build, and operate ETC systems and has implemented 20 complete systems around the world. With 280 references in 41 countries and more than 70 million on-board units delivered and nearly 18,000 lanes equipped, Kapsch TrafficCom services a significant share of the ITS global marketplace. In North America, the company operates offices in Virginia, Texas, Maryland, Pennsylvania, New York, Ontario, and Mexico. For more information, visit http://www.kapsch.net.

For more information, please contact:
Cari Dellinger
Manager, Marketing and Communications
Kapsch TrafficCom North America
Tel: +1 703-885-1976, ext. 2057
E-mail: [email protected]

SOURCE Kapsch TrafficCom North America

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