Press release

11/14/2018

Joint venture company MoKA SAS registered in France with equal shares (50/50) held by Kapsch TrafficCom AG and Axxès SAS. The purpose of the joint venture is to design, build and operate a sustainable technology platform serving the EETS (European Electronic Toll Collection Services) activities of both shareholders. The target is commercial vehicles over 3.5 tons.

Vienna/Lyon, November 14, 2018 - Tolling service and solution provider Axxès and Kapsch TrafficCom created a joint venture named MoKA SAS. Both shareholders aim to share investments and technology to increase their service portfolio as well as to improve commercial conditions by realising economies of scale. The newly founded joint venture is not in direct contact with end users but serves as a technology collaboration link between Kapsch and Axxès. Business relations to customers are held seperately by Axxès and tolltickets GmbH, a majority-owned Kapsch TrafficCom subsidiary which received accreditation as an EETS provider in Febuary 2018. Axxès and tolltickets therefore operate independently on the market as competitors. Both companies operate their own commercial back office. Kapsch TrafficCom provides EETS-certified on-board units (OBU) to customers of Axxès and tolltickets and Axxès is responsible for the GNSS Charging Engine.

EETS is intended to considerably simplify toll processing for commercial vehicles over 3.5 tons. Until now, tolls have been paid directly to the respective toll charger in different countries. As a result, an international truck must be separately registered in several countries and equipped with separate on-board units to record the distance travelled and to calculate the corresponding tolling fees. With EETS, customers only need a contract with one EETS provider and one OBU. In order to offer this tolling service, companies must first be accredited in their home country, following a thorough examination of various technical and economic aspects. After successful approval, an EETS provider must be certified by the various toll collectors who already operate an EETS-enabled system.

Kapsch TrafficCom and Axxès have been working closely on designing and supporting EETS solutions such as the 'Viapass Kilometer Charge' for trucks of over 3.5 tons in Belgium. The jointly developed solution was the first to be successfully certified as EETS, just in time for the Viapass commencement date on April 1, 2016. Axxès serves a fleet of 200,000 trucks equipped with a GNSS solution by Kapsch. The latest joint venture is an important step for both companies in helping them develop and provide a better EETS offering for their customers.

Axxès, as EETS provider and with over 39,000 client companies, is the most dynamic player in the interoperable HGV toll market. It offers freight and passenger transporters an intelligent, reliable toll collection system for paying European tolls using a single on-board unit and a single subscription. It fully intends to continue developing its services to adapt to road transport companies' changing needs. This is why it designs innovative services based on the latest technologies, such as its geolocation service specialised in optimising and understanding toll costs. Its ambitions are to set the benchmark for interoperable toll collection in Europe and to be a higher value partner for road transporters. www.axxes.eu

Kapsch TrafficCom is a provider of intelligent transportation systems in the fields of tolling, traffic management, smart urban mobility, traffic safety and security, and connected vehicles. As a one-stop solutions provider, Kapsch TrafficCom offers end-to-end solutions covering the entire value creation chain of its customers, from components and design to the implementation and operation of systems. The mobility solutions supplied by Kapsch TrafficCom help make road traffic safer and more reliable, efficient, and comfortable in urban areas and on highways alike while helping to reduce pollution.

Kapsch TrafficCom is an internationally renowned provider of intelligent transportation systems thanks to the many projects it has brought to successful fruition in more than 50 countries around the globe. As part of the Kapsch Group, Kapsch TrafficCom has subsidiaries and branches in more than 30 countries. It has been listed in the Prime Market of the Vienna Stock Exchange since 2007 (ticker symbol: KTCG). Kapsch TrafficCom currently has more than 5,200 employees, and generated revenue of approximately EUR 693.3 million in fiscal year 2017/18.

tolltickets GmbH is a service provider in the field of European toll payments and offers toll products to private and business customers. After recording the toll transactions in the respective country, tolltickets acts as a single source for collecting all tolls from the customer. Moreover, tolltickets GmbH also operates as a provider of a full range of white label services for fuel card issuers, offering all toll products relevant within Europe to the issuers and their end customers. tolltickets GmbH has been a certified EETS provider since February 2018.

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Kapsch TrafficCom AG published this content on 14 November 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 14 November 2018 12:38:20 UTC