Telvent to Upgrade and Expand Pocahontas 895 Electronic Toll Collection System
Improvements to increase toll operations reliability and smooth flow
ROCKVILLE, MD, Nov. 11 - Intelligent Transportation Society of
America member Telvent (NASDAQ: TLVT), the IT company for a
sustainable and secure world, announced today that it won a
contract from Transurban 895 LLC to upgrade and expand the
Pocahontas 895 Electronic Toll Collection system in Virginia
(United States).
Telvent will implement some of its Telvent
SmartMobility™ management solutions for highways and tolls to
enhance long-term reliability and convenience for Pocahontas 895
customers. This will also further enhance the efficiency and
accuracy of toll operations, reducing travel time and minimizing
drivers' and workers' inconvenience. The contract involves the
upgrade of the existing E-ZPass electronic toll collection system
including hardware and software, and the implementation of a new
E-ZPass Open Road Toll (ORT) System. Telvent will also expand the
current tolling system to include the new Airport Connector Road.
In addition, Telvent will implement its Telvent
SmartMobility™ Remote Operations and Maintenance System
(ROMS) and its Telvent SmartMobility™ TollPro back office
violations processing system.
Telvent´s Chairman and CEO, Manuel Sanchez, stated, "Our
solutions allow us to help Transurban 895LLC to manage its toll
operations more accurately. This project, through our SmartMobility
strategy, will allow drivers to travel at free flow speeds,
reducing traffic jams and GHG emissions; and, further improving the
quality of life and health of our planet."
This contract allows Telvent to strengthen its position in the
US toll market as a technological leader in Electronic Toll
Collection Systems. The Company has also been awarded contracts by
the Central Texas Regional Mobility Authority (CTRMA) for the
development, implementation, and maintenance services of its Open
Road Tolling system Greenfield project, and by MTA Bridges &
Tunnels for the Software and Hardware Maintenance Enhancements and
Upgrades of the MTA B&T E-ZPass system.
About Telvent
Telvent (NASDAQ: TLVT) is a global IT solutions and business
information services provider dedicated to helping improve
efficiency and reliability of the world's leading companies.
Telvent serves markets critical to the sustainability of the
planet, including the energy, transportation, agriculture, and
environmental sectors. ( www.telvent.com)
About Transurban 895 LLC
Transurban is a leading developer and operator of advanced
electronic toll roads with interests in seven key toll roads and
around 5 million customers in Australia and the U.S. The company
has more than 10 years of experience developing and operating
complex toll road infrastructure, including Pocahontas 895 in
Richmond, Va., and the Capital Beltway HOT lanes project in
northern Virginia. Transurban's U.S. offices are located in New
York, Alexandria, Va., and Atlanta, Ga. Transurban also has offices
in Melbourne and Sydney, Australia.
Investor Relations Contact:
Barbara Zubiria
Tel. + (1) 301 354 4680
Email:
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Communications Contact:
Patricia Malo de Molina
Tel. +34 954 93 71 11
Email:
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