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EANS-Adhoc: Kapsch TrafficCom expands the Executive Board

Geschrieben am 17-03-2010


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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
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17.03.2010

Vienna, 17 March 2010 - Kapsch TrafficCom AG (ISIN AT000KAPSCH9),
listed in the prime market segment of the Vienna Stock Exchange,
appoints André Laux as third member to the Executive Board in
addition to Georg Kapsch (CEO) and Erwin Toplak (COO) with effect
from 1 April 2010.

André Laux has been the CEO of Kapsch TrafficCom AB (Sweden), a
material subsidiary of Kapsch TrafficCom AG, since February 2008 and
was in a leading role in the recent contract award in South Africa.
Mr. Laux will continue to manage the business in Sweden and the
holding company in South Africa and will, furthermore, assume
functions in the parent company.

André Laux has many years of experience in top management positions
in technology-oriented companies. The 47-year-old German national
began his professional career in different sales and management
functions both internationally and domestically (1988-1997) after
completing a degree in business administration in Germany and
England. In 1997, he became director of the German chip maker ODS
Landis & Gyr in Munich. In 2000, Laux transferred within the group to
be become CEO of Skidata AG in Salzburg. In 2004, he took over as CEO
of Winter AG in Munich. Based on his career so far, André Laux has
lots of international sales experience in developing new markets. He
also has been very successful in designing and implementing
integration processes as well as new organizational structures.

Kapsch TrafficCom is an international supplier of innovative road
traffic telematics solutions. Its principle business is the
development and supply of electronic toll collection (ETC) systems,
in particular for the multi-lane free-flow (MLFF) of the traffic, and
the technical and commercial operation of such systems. Kapsch
TrafficCom also supplies traffic management systems, with a focus on
road safety and traffic control, and electronic access systems and
parking management. With more than 230 references in 38 countries in
all 5 continents, and with more than 16 million delivered on-board
units (OBUs) and 12,000 equipped lanes, Kapsch TrafficCom has
positioned itself among the leading suppliers of ETC systems
worldwide. Kapsch TrafficCom is headquartered in Vienna, Austria, and
has subsidiaries and representative offices in 23 countries.

Disclaimer

This ad-hoc release constitutes neither an offer to sell nor a
solicitation to buy any securities.

This ad-hoc release and the information it contains are not for
publication in the United States of America (U.S.A.) and may not be
distributed to U.S. persons (as defined in Regulation S of the U.S.
Securities Act ("Securities Act") of 1933, as amended) or to
publications with a general circulation in the U.S.A. This stock
exchange announcement does not constitute an offer for the sale of
securities or solicitation of an offer to purchase securities in the
U.S.A. The securities of Kapsch TrafficCom AG have not been
registered under the provisions of the Securities Act and may not be
offered, sold or delivered to U.S. persons without prior registration
under or exemption from the registration requirements.

This ad-hoc release is exclusively addressed to persons (i) outside
the United Kingdom, or (ii) who are investment professionals for the
purposes of article 19(5) U.K. Financial Services and Markets Act
2000 (Financial Promotion) Order 2005 (the "Order"), as amended, or
(iii) who are included under article 49(2)(a)-(d) of the Order ("high
net worth companies, unincorporated associations, etc.). All such
persons are hereinafter referred to as "Relevant Persons". No person
who is not a Relevant Person may take action on the basis of this
press release or the information contained herein or rely thereon.
Investment or investment activities in connection with this press
release are only available to Relevant Persons, and investment
business will only be transacted with Relevant Persons.


end of announcement euro adhoc
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ots Originaltext: Kapsch TrafficCom AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Marcus Handl

Investor Relations

Kapsch TrafficCom AG

Tel: +43 (0) 50 811 1120

Am Europlatz 2, A-1120 Vienna, Austria

E-mail: ir.kapschtraffic@kapsch.net

www.kapschtraffic.com

Branche: Technology
ISIN: AT000KAPSCH9
WKN:
Index: Prime Market
Börsen: Wien / official market


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