Press release from Marketwire
Verkehrsgesellschaft Frankfurt am Main mbH Selects Trapeze Group, a Subsidiary of Constellation Software's Volaris Group, for Comprehensive Intelligent Transportation System Upgrade
Friday, September 13, 2013
Verkehrsgesellschaft Frankfurt am Main mbH Selects Trapeze Group, a Subsidiary of Constellation Software's Volaris Group, for Comprehensive Intelligent Transportation System Upgrade09:57 EDT Friday, September 13, 2013
TORONTO, ONTARIO--(Marketwired - Sept. 13, 2013) - Constellation Software Inc. ("Constellation") (TSX:CSU) today announced that Trapeze Group, a subsidiary of its wholly owned division Volaris Group, has signed a significant contract with Verkehrsgesellschaft Frankfurt am Main mbH ("VGF") in Frankfurt, Germany, for a comprehensive intelligent transportation system upgrade.
As the passenger transport authority for the entire Frankfurt region, VGF is updating its existing components and systems and expanding its network of services in and around Frankfurt. The Trapeze solution for VGF includes the supply and installation of a cutting-edge integrated Intermodal Transport Control System (ITCS) for bus, train and underground railway services.
VGF operates more than 500 vehicles to move over 160 million passengers annually and has been a valued Trapeze customer for years.
About Trapeze Group
Trapeze delivers solutions that consider the full 360 degrees of passenger transport. Whether addressing the needs of a single department, an entire organization, or the community, Trapeze provides some of the most advanced software, intelligent transportation systems and mobile technologies in the industry. Hundreds of government and commercial organizations across North America, Europe and Asia Pacific have turned to Trapeze to realize efficiencies, enhance the quality and scope of their services, and safely transport more people with less cost. Please visit www.trapezegroup.com or call 905.629.5297.
About Volaris Group
Volaris acquires, strengthens and grows vertical market technology companies enabling them to be clear leaders within their focused industry. Volaris companies provide specialized, mission-critical solutions to vertical markets around the world including Agri-Food, Asset Management and Logistics, Benefits Administration, Cultural Collections Management, Insurance, Justice, Marine, People Transportation and Rental Management. Volaris is an operating group of Constellation Software Inc. Learn more at www.volarisgroup.com or call 905.629.5297.
About Constellation Software
Constellation's common shares are listed on the Toronto Stock Exchange under the symbol "CSU". Constellation acquires, manages and builds vertical market software businesses that provide mission-critical software solutions.
FOR FURTHER INFORMATION PLEASE CONTACT:
Constellation Software Inc.
Chief Financial Officer