EANS-News: Kapsch TrafficCom AG closes acquisition of Schneider Electric Transportation Business

--------------------------------------------------------------------------------
Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------

Mergers - Acquisitions - Takeovers

Vienna, April 4, 2016 - Kapsch TrafficCom AG (ISIN AT000KAPSCH9),
listed on the Vienna Stock Exchange in the prime market segment,
announces the closing of the acquisition of Schneider Electric's
Transportation Business. The company, formerly operating under
Telvent Tráfico y Transporte, is a leading provider of real-time IT
solutions and best-in-class intelligent transportation systems
complementary to those provided by Kapsch.

The acquisition expands the Kapsch portfolio and strengthens its
market position in intelligent transportation systems, especially in
the growth markets of Spain, Latin America, North America and the
Middle East. The closing purchase price is approximately EUR 26.0
million on a debt free basis after preliminary purchase price
adjustments in connection with closing and includes net cash assets
of the business in excess of EUR 3.0 million. The full integration
will take about 18 months. The Schneider Electric Transportation
Business is expected to contribute roughly EUR 125 million of
revenues at a slightly positive EBIT to the Kapsch TrafficCom Group.
Kapsch will integrate about 900 employees from Schneider into its
global workforce of nearly 3,500 employees.

According to Georg Kapsch, CEO of Kapsch TrafficCom, "Urbanization is
an accelerating megatrend that demands for innovative action. Our new
integrated traffic management portfolio will make both urban and
highway transportation safer, more efficient and more environmentally
friendly by improving traffic flow and providing real-time data to
motorists." He added that Kapsch believes that the combined entities
will be a major contribution to resolve the embedded operating
challenges for municipalities around the globe. "Schneider Electric
and Kapsch will continue to maximize business opportunities in the
Smart Cities arena", says Mike Hughes, EVP Strategic Customers &
Segments for Schneider Electric.

Subtitle: Perfect match from the highway to the city

Kapsch will expand its expertise in traffic management solutions by
integrating Schneider's EcoTrafix(TM) a comprehensive solution for
real-time traffic management in cities, into the existing portfolio.
The EcoTrafix system is running mainly in Northern and Southern
America as well as in Spain. The system is used for improving traffic
conditions and access corridors as well as for providing real-time
information services about the traffic situation to road users. The
integration will not affect operating systems. The newly acquired
EcoTrafix is a perfect addition to DYNAC, Kapsch's advanced traffic
management system (ATMS). DYNAC is mainly used on highways and long
distance roads. The high performance, integrated software suite, is
designed to monitor and control traffic on roads and tunnels.

Further, Georg Kapsch adds: "This acquisition perfectly matches our
Strategy 2020 of enabling exceptional user experience through
intelligent mobility solutions from the highway to the city." The
broadening of the domain knowledge allows Kapsch to make transport
safer, more efficient and more environmentally friendly.

Kapsch TrafficCom is a provider of intelligent transportation systems
(ITS) in the segments of toll collection, city access control and
parking space management, traffic management, traffic monitoring,
utility vehicle monitoring, electronic vehicle registration and V2X
cooperative systems. The end-to-end solutions of Kapsch TrafficCom
cover the entire value creation chain of its customers, from
components and design to the installation and operation of systems,
all from a single source. The core business comprises the
development, installation and operation of electronic toll collection
and traffic management systems. Reference projects in 44 countries on
all continents have made Kapsch TrafficCom a globally recognized ITS
provider. As part of the Kapsch Group, an Austrian family-owned
technology group founded in 1892, Kapsch TrafficCom is headquartered
in Vienna, Austria, and has subsidiaries and branches in 33
countries. It has also been listed since 2007 on the Vienna Stock
Exchange (KTCG) and earned revenues of EUR 456 million in the 2014/15
fiscal year with over 3,500 employees. For additional information:
www.kapsch.net and www.kapschtraffic.com Follow us on Twitter:
twitter.com/kapschnet.

Further inquiry note:
Press Contact:
Ingrid Lawicka
Spokesperson
Kapsch AG
Am Europlatz 2, 1120 Vienna, Austria
Phone: +43 50811 1705
E-mail: ingrid.lawicka@kapsch.net

Investor Contact:
Marcus Handl
Investor Relations Officer
Kapsch TrafficCom AG
Am Europlatz 2, 1120 Vienna, Austria
Phone: +43 50 811 1120
E-mail: ir.kapschtraffic@kapsch.net

end of announcement euro adhoc
--------------------------------------------------------------------------------

company: Kapsch TrafficCom AG
Am Europlatz 2
A-1121 Wien
phone: +43 1 50811 1122
FAX: +43 1 50811 99 1122
mail: ir.kapschtraffic@kapsch.net
WWW: www.kapschtraffic.com
sector: Technology
ISIN: AT000KAPSCH9
indexes: Prime Market
stockmarkets: official market: Wien
language: English