Kapsch TrafficCom IVHS to Open New North American Corporate Head Office in Tysons Corner, VA

TYSONS CORNER, Va., March 5, 2012 /PRNewswire/ -- Kapsch TrafficCom IVHS Inc., a subsidiary of Kapsch TrafficCom AG, announced today the opening of the new Kapsch TrafficCom IVHS North American corporate head office in Tysons Corner, Virginia.

(Logo: http://photos.prnewswire.com/prnh/20111201/LA15520LOGO)

"Today is a historic day for Kapsch TrafficCom IVHS," said Chris Murray, president, Kapsch TrafficCom IVHS.  "We opened our doors to our new corporate head office - symbolizing a company that is growing, moving forward and further solidifying its place in the North America marketplace."

The new corporate head office is located in the heart of Tysons Corner, part of the Washington Metropolitan Area located in Northern Virginia.  Tysons Corner lies between the community of McLean and the town of Vienna along the Capital Beltway (I-495).  The building was chosen for its ability to provide a local presence and easy access for customers through two international airports as well as proximity to the nation's capital.

"We have accomplished many great things in the past few years including the acquisition of Mark IV IVHS and the successful extension of our ongoing supplier agreement to the E-ZPass Group," continued Mr. Murray. "This new working environment is the perfect fit for our corporate head office as we continue to grow and expand our offerings to the North American Electronic Toll Collection and Intelligent Transportation Systems markets."

For more information on Kapsch TrafficCom IVHS, visit www.kapsch.us.

Kapsch TrafficCom is an international supplier of superior Intelligent Transportation Systems (ITS). Its principle business is the development and supply of electronic toll collection systems, in particular for the multi-lane free-flow of traffic, and the technical and commercial operation of such systems. Kapsch TrafficCom also supplies traffic management systems, urban traffic solutions and selected ITS and telematic applications. With 260 references in 41 countries in all 5 continents, and with almost 44 million on-board units delivered and more than 18,000 lanes equipped, Kapsch TrafficCom has positioned itself among the inter nationally recognized suppliers of electronic toll collection systems. Kapsch TrafficCom is headquartered in Vienna, Austria, and has subsidiaries and representative offices in 25 countries.

SOURCE Kapsch TrafficCom IVHS Inc.