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Kapsch TrafficCom AG / Kapsch TrafficCom awarded contract for nationwide tolling system in Bulgaria

Published: October 10, 2017; 11:31 · (FriedlNews)

Kapsch TrafficCom, a listed company, has been awarded the contract to implement a nationwide tolling system in Bulgaria for trucks over 3.5 tons, including technical configuration and provision of technical support.

Corporate news transmitted by euro adhoc with the aim of a Europewide distribution. The issuer is responsible for the content of this announcement.

Government Contracts/Contracts

Vienna - October 10, 2017 - Kapsch TrafficCom, a listed company, has been
awarded the contract to implement a nationwide tolling system in Bulgaria for
trucks over 3.5 tons, including technical configuration and provision of
technical support. The contract also extends to introduction of an electronic
vignette for passenger cars. The project will run for 19 months and comprises
the delivery and setup of 500 terminals for registering and issuing electronic
vignettes, 100 enforcement vehicles, 100 weigh-in-motion facilities, and 100
tolling gantries as well as a data center and a back office. Kapsch TrafficCom
has seven months in which to complete the infrastructure.

For the Bulgarian contract, Kapsch TrafficCom will be implementing the company's
proprietary, satellite-supported vehicle identification and toll collection
system. The system makes use of on-board tracking devices which employ satellite
technology to determine the position of the trucks and automatically collect the
tolls.

The advantage of this solution lies in its flexibility, which allows tolls to be
calculated on the basis of distance driven, vehicle weight, road category, time
of day, and current traffic situation. Tolls will be collected on all class I,
II, and III roads, i.e. on all paved roads. That encompasses 16,000 to 18,000
kilometers, or approximately 80% of the road network. "Bulgaria is a key market
for us in an extremely promising regional environment," according to André Laux,
COO of Kapsch TrafficCom. "We are quite pleased to be able to commence
implementation after a very time-intensive bidding phase," he adds.

Kapsch TrafficCom fulfilled 100% of the technical criteria for award of the
contract, and also proved to be the lowest-priced bidder with a project volume
of just under EUR 75 million. Bulgaria is the sixth European country in which
Kapsch TrafficCom has been given responsibility for implementing a nationwide
toll collection system, after Austria, Switzerland, Poland, the Czech Republic,
and Belarus.

Kapsch TrafficCom is a provider of intelligent transportation systems in the
fields of tolling, traffic management, smart urban mobility, traffic safety and
security, and connected vehicles. As a one-stop solutions provider, Kapsch
TrafficCom offers end-to-end solutions covering the entire value creation chain
of its customers, from components and design to the implementation and operation
of systems. The mobility solutions supplied by Kapsch TrafficCom help make road
traffic safer and more reliable, efficient, and comfortable in urban areas and
on highways alike while helping to reduce pollution.

Kapsch TrafficCom is an internationally renowned provider of intelligent
transportation systems thanks to the many projects it has brought to successful
fruition in more than 50 countries around the globe. The family-owned company is
headquartered in Vienna, Austria and in 2017 celebrated 125 years of
successfully developing and implementing new technologies for the benefit of its
customers. As part of the Kapsch Group, Kapsch TrafficCom has subsidiaries and
branches in more than 30 countries. It has been listed in the Prime Market of
the Vienna Stock Exchange since 2007 (ticker symbol: KTCG). Kapsch TrafficCom
currently has more than 4,800 employees, and generated revenue of approximately
EUR 648 million in fiscal year 2016/17.

For more information, please visit us at www.kapsch.net [http://www.kapsch.net/
] and www.kapschtraffic.com [http://www.kapschtraffic.com/].
Follow us on Twitter: twitter.com/kapschnet [http://twitter.com/kapschnet].

Further inquiry note:
Press Contact:
Alf Netek
Chief Marketing Officer & Communications
Kapsch AG
Am Europlatz 2, 1120 Vienna, Austria
Phone: +43 50811 1700
E-mail: alf.netek@kapsch.net

Investor Contact:
Hans Lang
Investor Relations Officer
Kapsch TrafficCom AG
Am Europlatz 2, 1120 Vienna, Austria
Phone: +43 50 811 1122
E-mail: ir.kapschtraffic@kapsch.net

end of announcement euro adhoc
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issuer: Kapsch TrafficCom AG
Am Europlatz 2
A-1120 Wien
phone: +43 1 50811 1122
FAX: +43 1 50811 99 1122
mail: ir.kapschtraffic@kapsch.net
WWW: www.kapschtraffic.com
ISIN: AT000KAPSCH9, AT0000A0KQ52
indexes:
stockmarkets: Wien
language: English

Digital press kit: http://www.ots.at/pressemappe/411/aom

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