LECIP INC., a subsidiary of LECIP HOLDINGS CORPORATION (TOKYO:7213) in Japan, just announced the appointment of Dick Ruddell as Business Director for the public transit market in the U.S.

Dick Ruddell has been a leader in the transit industry for the past 40 years, including CEO of transit authorities in Toledo Ohio and Fort Worth Texas. LECIP makes Automated Fare Collection equipment and Passenger Information Systems for buses and trains. LECIP intends to have a major impact in the U.S. transit market in the coming years by reducing costs for transit systems with their innovative and advanced approach to fare collection and passenger information systems.