100 Millionth Toll Payment Transponder Rolling Off Mississauga Plant in Ontario – Kapsch TrafficCom is Proud of 40+ Years Employer History in Canada

On June 6th, the Kapsch TrafficCom manufacturing facility in Mississauga,
Ontario celebrated its 100 millionth transponder unit rolling off production
lines.

The RFID transponders enable automatic toll payments without requiring a
stop at a toll plaza, reducing emissions and travel times for users. Used
for automatic toll payments as part of programs like EZ-Pass and on the 407
highway in Ontario, the transponder units are an important piece of the
offering of global traffic technology provider Kapsch TrafficCom.

“Each transponder enables easier toll payments without the need to stop at a
plaza, meaning that the 100 million units have saved drivers millions and
millions of hours,” comments Dan Toohey, SVP of Sales, Manufacturing and
Business Development at Kapsch TrafficCom. “I am very proud that our
components facilitate travel for millions of road users each and every day
and equally proud of our stellar safety record and quality standards. I am
most proud however of our incredible employees, many of whom have been with
us for more than 30 years. This is truly an achievement for all of the
colleagues, the plant and the community of which we have been a part since
day one,” Dan Toohey continues.

Georg Kapsch, CEO of Kapsch TrafficCom, adds: “As a family business,
community is a key element of the Kapsch TrafficCom culture. This milestone
is a symbol of the partnership with all our employees here in Mississauga
and the city of Mississauga and its citizens, a partnership that will
hopefully last for years to come.”

Founded in 1978, the facility was first established under then-ownership of
Ferranti-Packard, the plant produced electronics displays. The display
production continued under ownership of Mark IV, which purchased the
business in 1990, until in 2010 Kapsch TrafficCom acquired Mark VI IVHS and
re-tooled the factory to produce various equipment necessary for modern
traffic management.

Kapsch TrafficCom is a globally renowned provider of transportation
solutions for sustainable mobility. Innovative solutions in the application
fields of tolling, tolling services, traffic management and demand
management contribute to a healthy world without congestion.

About Kapsch: www.kapsch.net/ktc