This is the text of a news release from Kapsch.
Kapsch TrafficCom secures contract for next generation Integrated Transportation Management System in Massachusetts, USA
Vienna/Boston, June 28, 2016 — Kapsch TrafficCom North America, a subsidiary of Kapsch TrafficCom AG (ISIN AT000KAPSCH9), listed on the Vienna Stock Exchange in the prime market segment, announces that it has secured a four year, 10.4 million Euro (11.5 million USD) contract to upgrade and modernize the Integrated Transportation Management System (ITMS) at the Highway Operations Center (HOC) of the Massachusetts Department of Transportation (MassDOT). The new system will manage all of the Department’s state-wide roadway network and the Boston Metropolitan Highway System tunnel complex and facilities.
The next generation ITMS, based on Kapsch’s DYNAC® software suite, will efficiently manage all aspects of the HOC operations by converging nearly 50 independent traffic and facility management data systems into a single platform. HOC operators will manage open highways, tunnel traffic, and critical life safety systems including fire detection, ventilation, emergency exits, and passenger information dissemination from a fully integrated user environment. The new system will improve operational efficiency and information accuracy, facilitate consistent workflows, enhance environmental monitoring and reporting capabilities, and provide state-wide and regional total situational awareness. DYNAC® will enable rapid, consistent, and appropriate response to traffic incidents and tunnel life safety events by generating and executing real-time response plans to help HOC operators expertly manage time sensitive, critical situations.
Improved operational efficiency for 4,800 kilometres of roadways
MassDOT operates over 4,800 kilometres of roadways, 5,000 bridges and the Metropolitan Highway System which consists of the Thomas P. O’Neill Jr. Tunnel carrying I-93 through downtown Boston; the Prudential Tunnel carrying I-90 under Back Bay; the Ted Williams Tunnel carrying I-90 to Logan International Airport; and the Sumner, Callahan, and CANA tunnels that connect I-93 to major routes in Boston.
The project will upgrade software and peripheral hardware to improve operational efficiency, enable the use of the latest advances in traffic management technology, and allow for the retirement of legacy software and hardware. This new system will also replace and/or integrate with existing systems to support a number of traffic incident management functions performed on state-wide roadways and facilities from a single operating platform.
Kapsch TrafficCom is a provider of intelligent transportation systems (ITS) in the segments of toll collection, traffic management, safety and security, smart urban mobility and connected cars. The end-to-end solutions of Kapsch TrafficCom cover the entire value creation chain of its customers as a one-stop shop, from components and design to the installation and operation of systems. The core business comprises the development, installation and operation of electronic toll collection and traffic management systems.
References in 44 countries on all continents have made Kapsch TrafficCom a globally recognized ITS provider. As part of the Kapsch Group, an Austrian family-owned technology group founded in 1892, Kapsch TrafficCom is headquartered in Vienna, Austria, and has subsidiaries and branches in 30 countries. It has been listed since 2007 on the Vienna Stock Exchange (KTCG) and generated revenues of EUR 526 million in the fiscal year 2015/16 with over 3,700 employees.
For more information: www.kapsch.net and www.kapschtraffic.com.
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Investor Relations Officer
Kapsch TrafficCom AG
Am Europlatz 2, 1120 Vienna, Austria
Phone: +43 50 811 1120