"The reinstatement is a vital milestone on our road to success," said RTSI President & CEO Michael Finn. "The actions we have taken over the last four years have been recognized by our customers, government officials and other experts. Equipped with their trust and our innovative public safety technology, we will pursue contracts in Chicago and continue our efforts throughout the Americas."
Redflex is a public safety company, partnering with hundreds of state and municipal governments to save lives and reduce the costs associated with dangerous driving behaviors. In addition to photo traffic enforcement systems, the Company's advanced technology includes automatic license plate recognition, ticketless parking solutions and software to track unpaid tickets.
Redflex is financially stable, with over 150 existing contracts in communities across the Americas. Customers continue to express confidence in the Company's operations and products, signing new contracts and renewing expiring agreements. The Company, which has been expanding its offerings in North America, South America and the Caribbean, intends to continue serving customers and developing new technologies to save lives and improve road safety.
RTSI is a wholly owned subsidiary of Redflex Holdings Group, which operates on five continents and in sixteen countries.
About REDFLEX Traffic Systems, Inc.
Headquartered in Glendale, Arizona, RTSI makes and operates technology to deter red light running, speeding, passing stopped school buses, crossing railroad tracks while the alarm is active, running stop signs, unauthorized vehicles driving and stopping in bus lanes, speeding in highway work zones, stopping in an intersection during a red light and traveling in a crosswalk when a pedestrian is present. In addition, RTSI has technology to help prevent right angle crashes by red light runners before they ever occur, and to stop wrong-way drivers and alert other motorists when wrong-way drivers are headed their way. RTSI's suite of municipal services includes license plate tracking, ticketless parking solutions and software to help municipalities track and collect unpaid city fines and fees.
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SOURCE Redflex Traffic Systems, Inc.