Kapsch to deliver on-board units to Norway for the first time

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Vienna/Oslo, December 16, 2013 – Kapsch TrafficCom will supply on-board units (OBUs) for Norway’s electronic toll collection, AutoPASS, starting in 2014. The Norwegian Public Road Administration, who is responsible for the Norwegian public road network, is currently adapting the standards for on-board units to the European Norm EN15509 and will replace the native AutoPASS OBUs that are presently used. Together with Norbit, Kapsch is one of two companies that successfully demonstrated its experience and technology in the tender.

Starting in the first quarter of 2014, Kapsch will deliver the first batch of its on-board units and the total quantity is to be delivered over the next four years. The precise extent of the share Kapsch will have in the delivery will be determined in consecutive tenders under the life time of the frame contract. “We are particularly pleased about this first order from Norway”, declares André Laux, Executive Board Member of Kapsch TrafficCom. “Norway is an important strategic market to us. The trust shown by the Norwegian Road Administration underlines our excellence in the development and production of OBUs.” The OBUs designated for AutoPASS are produced by Kapsch’s own subsidiary, Kapsch Components, which is located in Vienna.

Kapsch TrafficCom is a provider of intelligent transportation systems (ITS) in the application fields of road user charging, urban access and parking, road safety enforcement, commercial vehicle operations, electronic vehicle registration, traffic management and V2X cooperative systems. Kapsch TrafficCom covers with end-to-end solutions the entire value creation chain of its customers as a one-stop shop, from components and subsystems to their integration and operation. The solutions of Kapsch TrafficCom help to provide funding for infrastructure projects, to increase traffic safety, to optimize traffic flow, and to reduce environmental pollution from traffic. The core business is to design, build and operate electronic toll collection systems for multi-lane free-flow traffic. References in 43 countries on all continents make Kapsch TrafficCom a recognized supplier of electronic toll collection worldwide. As part of the Kapsch Group, a family-owned Austrian technology group founded in 1892, Kapsch TrafficCom, headquartered in Vienna, Austria, has subsidiaries and representative offices in 33 countries, has been listed on the Vienna Stock Exchange (KTCG) since 2007, and generated with more than 3,000 employees revenues of EUR 488.9 million in fiscal year 2012/13.

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on-board units, Norway

Press contact:

Katharina Riedl
Kapsch AG
Am Europlatz 2, 1120 Vienna, Austria
Phone +43 50811 1705
E-mail katharina.riedl@kapsch.net

Investor contact:

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


News Source : Kapsch to deliver on-board units to Norway for the first time

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