EANS-Adhoc: Kapsch TrafficCom AG
The Polish Directorate for National Roads and
Highways (GDDKiA) declares the Kapsch consortium as winner of the tender for a
tolling system
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.
03.10.2010
Vienna, October 3, 2010. Kapsch TrafficCom AG (ISIN AT000KAPSCH9), listed on the Vienna Stock Exchange in the prime market segment, reports that the Polish Directorate for National Roads and Highways (GDDKiA) published the following release in the late evening of October 1, 2010 (the following is an unauthorised excerpt in English of the Polish source text):
"MEDIA RELEASE issued by The Polish Directorate for National Roads and Highways (GDDKiA) OCTOBER 1, 2010 Kapsch consortium is winner of the tender
GDDKiA has decided today, October 1, 2010, upon the tender for the installation and operation of an Electronic Toll Collection (ETC) system. The winner of the tender is the Kapsch consortium. GDDKiA intends to sign the contract in the course of the month of October. The Kapsch consortium is obliged to implement the ETC system by July 1, 2011. Based on the current assumptions and on the toll road network as defined in the edict of the council of ministers on May 7, 2010, toll revenues of PLN19.5 billion are expected during the contract period 2011 to 2018. Accordingly, the ETC system shall be implemented on a total of 2,000 kilometres of highways, 5,000 kilometres of motorways and 600 kilometres of lower class roads. [ ] The Kapsch consortium offered a system based on Dedicated Short-Range Communication (DSRC) technology for a price of PLN 4.9 billion whereas the competitor - the MyToll consortium - offered a system based on Global Navigation Satellite System (GNSS) technology for a price of PLN 6.5 billion. The ETC system will be introduced for all trucks and buses above 3.5 tons which will not further be obliged to buy vignettes for the future use of the highways. Passenger car vehicles may register in the ETC system on a voluntary basis. The toll tariffs and the technical details will be determined at a later date."
The original release by the Polish Directorate for National Roads and Highways (GDDKiA) is available at the website of the authority under http://www.gddkia.gov.pl/article/informacje/aktualnosci.
Kapsch TrafficCom is an international supplier of superior intelligent transportation systems (ITS). Its principle business is the development and supply of electronic toll collection (ETC) systems, in particular for the multi-lane free-flow (MLFF) of the traffic, and the technical and commercial operation of such systems. Kapsch TrafficCom also supplies traffic management systems, with a focus on road safety and traffic control, and electronic access systems and parking management. With approximately 240 references in 39 countries on all 5 continents, and with more than 18 million on-board units (OBUs) delivered and nearly 13,000 lanes equipped, Kapsch TrafficCom has positioned itself among the leading suppliers of ETC systems worldwide. Kapsch TrafficCom is headquartered in Vienna, Austria, and has subsidiaries and representative offices in 25 countries.
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This ad-hoc release constitutes neither an offer to sell nor a solicitation to buy any securities.
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
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securities or solicitation of an offer to purchase securities in the
U.S.A. 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
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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.end of announcement euro adhoc
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
Branche: Technology
ISIN: AT000KAPSCH9
WKN:
Index: Prime Market
Börsen: Wien / official market