Kapsch TrafficCom AG listed on the Vienna Stock Exchange in the prime market segment informs that its Swedish subsidiary Kapsch TrafficCom AB has received a first order for the delivery of on-board units (OBUs) from Brazil.

According to André Laux CEO of Kapsch TrafficCom AB “this is a very pleasant event as it is our first OBU order in one of the world’s most rapidly growing intelligent transportation systems (ITS) markets. It is a result of years of endeavor and underlines our long term commitment to be part of the converging Brazilian ITS market with the upcoming SINIAV project nearest in mind.”

For more information contact Marcus Handl.

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Original Publication Date: Mon 13 Aug 2012