Telvent Awarded With a New Contract for Traffic Management in China

/ Source: GlobeNewswire

ROCKVILLE, Md., Jan. 18, 2011 (GLOBE NEWSWIRE) -- Telvent (Nasdaq:TLVT), the leading real-time IT solutions and information provider for a sustainable world, announced today the award of a contract from the Beijing Traffic Police to help to expand Beijing's urban traffic management system. The company will implement its Telvent SmartMobilityTM Traffic technology on more than 200 traffic junctions, which will enable Beijing authorities to improve traffic flow, increase drivers' safety and reduce air pollution.

Due to this project, the citizens of Beijing will enjoy shorter travel times throughout the city, as well as a reduction in delays and backups due to traffic congestion. Traffic flow and drivers' safety within the city will be improved and traffic operators will benefit from being able to use installations that help to operate and manage urban mobility efficiently, reducing their citizen response time. Furthermore, all of these enhancements will reduce both the emission of contaminating agents and noise pollution, allowing Beijing to move forward in its efforts to create a sustainable city.

Telvent will install its solution Telvent SmartMobilityTM Traffic, which allows centralization of traffic and enforcement management to enable traffic operators to control traffic in real time and be prepared to respond quickly and effectively to any emergency situation occurring within the infrastructure. This will lead to a substantial improvement in incident response times and more efficient management of maintenance plans, which, in turn, will lead to a decrease in accident rates and an increase in users' safety. Specifically, the following systems will be implemented and integrated on the control center: advanced traffic management system, red light and speed enforcement system, closed-circuit television (CCTV) surveillance, communications network, etc.

Ignacio Gonzalez, Telvent's CEO, stated, "China is a very important market for Telvent. This agreement demonstrates our active involvement in the Chinese traffic sector and helps Beijing's Local Authorities in its commitment to optimize urban mobility with the aim of creating a more pleasant and secure environment for citizens and improving their quality of life."

This contract added to the newly awarded contracts to supply urban mobility management systems on Fushun, Bayannur, Urumqi, Dongsheng and Nanning, improving and consolidating its position as a technological leader the Chinese traffic sector. The company has been active in China since 1990, and has participated with great success in a variety of mobility management undertakings in other Chinese cities, including Beijing, Wuhan, Changchun, Zhengzhou, Shenzhen, Guangzhou, Nanning and Tianjin.

About Telvent

Telvent (Nasdaq:TLVT) is a global IT solutions and business information services provider dedicated to helping improve efficiency, safety and security for the world's leading companies. Telvent serves markets that are critical to the sustainability of the planet, including the energy, transportation, agricultural and environmental sectors. ()

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