euro adhoc: IVU Traffic Technologies AG
other
IVU receives large order in
Colombia
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Global Expansion
11.09.2008
IVU receives large order in Colombia
Cali is first customer in Latin America
Construction of a new public transport system using information technology supplied by IVU Traffic Technologies AG
IVU Traffic Technologies AG has its first customer in Latin America: Santiago de Cali, the second largest city in Colombia with a population of around 2.5 million, is completely rebuilding its public transport system. The necessary IT systems for the new urban transport system, called MIO, will be supplied largely by IVU: the software for planning, dispatching and operations for a fleet of 1000 buses that will be outfitted with on-board computers, as well as the systems for passenger information on the buses and at the bus stops. The implementation of the system is planned to be finished by the end of 2009. The roughly 17 million-euro contract signifies a major growth for IVU into new markets.
The goals of MIO are less congestion, shorter travel times, better traffic routing and attractive prices in the public transportation system. The number of traffic deaths will be reduced and air pollution will be minimized. The responsible agency, METRO CALI S.A., has assigned the contract for the new transportation system's technological platform to a consortium; and one partner is the Berlin software company IVU Traffic Technologies AG.
With this contract, IVU has achieved entrance into the Latin American market.
Contact: Renate Bader Head of Corporate Communications IVU Traffic Technologies AG Bundesallee 88, 12161 Berlin, Germany Phone: +49.30.85906-800 E-Mail: renate.bader@ivu.de
end of announcement euro adhoc --------------------------------------------------------------------------------
Further inquiry note:
Renate Bader
Leiterin Unternehmenskommunikation
Telefon: +49(0)30 859 06 800
E-Mail: rba@ivu.de
Branche: Computing & Information Technology
ISIN: DE0007448508
WKN: 744850
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
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Original content of: IVU Traffic Technologies AG, transmitted by news aktuell