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November

Telvent has been awarded with a new urban traffic control system for China for an amount of 2,6 million Euros

November 25, 2004

Madrid, November 25, 2004.- Telvent (Nasdaq TLVT), the Global RealTime IT Company, has been awarded the contract for the supply, installation and starting up of an adaptive urban traffic control system for the city of Urumqi in China. The contract is valued around 2.6 million Euro and it will be financed by the World Bank.

Urumqi, is the capital of the autonomous region of Xin Jiang, therefore a principal traffic junction. Urumqi has a surface area of 12,000 square kilometres, a population of 2,082,000, with 800,000 vehicles, more than 1,000 crossings, of which 150 are major junctions. This implies a great density of traffic, therefore the aim of this project is to modernise the traffic administration process, enhance the urban traffic situation, reduce traffic delays and decrease traffic accidents in the city of Urumqi.

Telvent will build a complete, adaptive Urban Traffic Control System to control and manage 109 crossings, and other auxiliary systems. The installation of this system will result in a great technological leap in police services regarding urban traffic control and will also represent an advance in the administrative efficiency of local police.

Manuel Sánchez Ortega, Telvent's president, says “by implanting this project, Urumqi will own the most sophisticated Traffic Control System in the Northwest of China and, thus, converting it in the exemplary Project for this area, due to its advanced technology design compatible and extendable”.

Expected effects generated in this country through the development of this project can be measured using parameters related to its social and economic impact.The improvements achieved from an objective point of view are the following ones: rational ordering of traffic, reduction of transit time, considerable savings in fuels due to the reduction in consumption, lower levels of pollution and diminish travel times.

All these improvements will suppose an important change enhancing the population’s life quality and also they will have effects in the environment since the levels of pollution will be lowered.

Telvent (Nasdaq, TLVT), the Global RealTime IT Company, is specialized in solutions with high added value, in four specific industrial sectors (Energy, Traffic, Transport and Environment) in the Americas, Spain and China.(www.telvent.com)



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