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Rocio Castro. Communication Department.
March 18, 2008
Madrid, March 18 2008. – Telvent (Nasdaq: TLVT), the information technologies company for a sustainable and secure world, announced today that it has been awarded a contract from the Madrid City Council to develop and maintain its new on-line Traffic Information System. The information website is scheduled to be ready for use beginning in May.
The new website, designed using state-of-the-art technology, will provide real-time information on traffic conditions, as well as a 24-hour forecast of possible delays. This on-line service will aid people in making travel decisions.
The new system is also intended to have a real impact on reducing traffic congestion, consequently lowering contaminating vehicle emissions as well.
For this project, Telvent will manage the information received from the traffic control center, also developed by Telvent, located in the capital city of Madrid. Telvent will handle data-input and operation of the information service, ensuring that incident warnings and information on traffic conditions are made available to citizens in real time.
José Montoya, vice-president of Telvent's Transportation division, pointed out that through these kinds of projects, Telvent strengthens its position of leadership while continuing to uphold its commitment to sustainability. “With our high-value, innovative solutions, we are helping public administration to make citizens’ daily travels much easier,” stressed Montoya.
Since the mid-90’s, Telvent has been conducting similar activities within the framework of European projects geared toward bringing citizens and their governments closer together.
Telvent (Nasdaq: TLVT), the IT company for a sustainable and secure world, specializes in high-value-added products, services and integrated solutions in the Energy, Transportation, Environmental and Public Administration industry segments, as well as Global Services. Its innovative technology and proven experience help ensure secure and efficient management of the operating and business processes of the world’s leading companies. (www.telvent.com)
Communication Department ContactPatricia Malo de Molina
Tel. +34 954 937 111
Email.
comunicacion@abengoa.com