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Ascom wins major contract in Canada

Source: http://www.ascom.com

Ascom's Transport Revenue Business Unit has won an important contract from Canada. The transport authority of the city of Montreal has placed an order worth CAD 66 million (CHF 67 million) for chipcard-based fare collection and access control systems. Ascom Transport Revenue won the public bid against a large field of contenders, thanks among other things to previous successful reference projects: Ascom installed fare collection systems of similar complexity for the public transport networks of Lyon, Paris and Milan.

State-of-the-art chipcard-based technologies form the core of the new access control systems as well as the stationary mobile sales and validation terminals for the public transport authority of the city and conurbation of Montreal. STM (Société de transport de Montréal) has awarded the contract to Ascom on behalf of AMT (l'Agence métropolitaine de transport), STL (Société de transport de Laval), RTC (Réseau de transport de la Capitale), RTL (Réseau de transport de Longueuil) as well as the "Conseil intermunicipal de transport de Sorel-Varennes".

"This 67-million-franc order is of key importance for Ascom and the Transport Revenue Business Unit," says Juhani Anttila, Chairman and CEO of Ascom. In 2002 Transport Revenue posted revenues of CHF 283 million.

Successful reference projects worldwide.

"This large contract from Canada comes on the heels of similar projects for other major transport companies," explains Riet Cadonau, Head of Ascom Transport Revenue. "The major order from Montreal shows that when it comes to complex projects for fare collection systems in large conurbations, Ascom is the world's Number One choice." In 2002 Transport Revenue introduced a similar project for fare collection in the city and suburbs of Lyon. Other successful reference projects include the RATP public transport authority of Paris, the French railway operator SNCF, the Milan transport authority in Italy and the Swiss Federal Railways SBB.

Ascom Transport Revenue is among the world's leading providers of networked revenue collection systems for public transport systems, parking management and toll collection. The company's tailor-made customer solutions are the product of an intelligent combination of proprietary key components and standard modules.

About Ascom

Ascom is a solution- and service-oriented technology company that holds a leading market position in its selected business areas. Around the world Ascom plans, builds, services and operates secure, high-availability voice and data networks and develops solutions for integrated revenue collection systems. With a service-oriented portfolio and proven technology know-how, Ascom business units offer discerning customers tailor-made integrated solutions right the way along the value chain. Ascom is committed to profitable growth world-wide. Ascom registered shares (ASCN) are listed on the SWX Swiss Exchange in Zurich.

Ascom Group Media Office
Ascom Management AG
Fred Rohrer
Press Relations Officer
Belpstrasse 37
CH-3000 Berne 14
Tel +41 31 999 43 44
Fax +41 31 999 21 17
E-mail media@ascom.com
Internet www.ascom.com/

Ascom Corporate Finance

Ascom Management AG
Rudolf Hadorn
Chief Financial Officer
Stettbachstrasse 6
CH-8600 Dübendorf
Tel +41 1 631 14 15
Fax +41 1 631 28 00
E-mail investor@ascom.com
Internet www.ascom.com/

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