Kapsch TrafficCom Strengthens Sales Management Team with Appointment of ITS Industry Leader, Averkamp

STERLING, Va., Dec. 1, 2011 /PRNewswire/ -- Kapsch TrafficCom IVHS Inc., a subsidiary of Kapsch TrafficCom AG, announced today the appointment of Joseph Averkamp as Senior Vice President, Sales and Business Development.

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

In this newly designated role, Mr. Averkamp will head the North American sales and business development teams and hold responsibility for the execution of the Company's sales strategy. Mr. Averkamp joins Kapsch with over 20 years of experience leading successful business development organizations in the ITS and telecommunications industries. His experience includes the Ford Motor Company, Motorola, Sprint-Nextel, Telvent Transportation, ACS Xerox and most recently Booz Allen Hamilton. Mr. Averkamp holds an MBA from the University of Chicago, a B.S. in Electrical Engineering and Mathematics from the University of Wisconsin-Platteville and is a certified Project Management Professional.

Chris Murray, president and CEO of Kapsch TrafficCom IVHS, said he was delighted to welcome Averkamp to the business. "Joe is a very accomplished executive with the strong sales, operational and strategic experience we need as we continue to grow our business into the future and create a world-class sales and business development organization," said Murray.  "Joe's knowledge and expertise will add to the depth and strength of our management team and will enhance our ability to continue to deliver innovative ITS solutions and shape the organization to continue to meet the needs of our customers."

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.