Tag Archives for: Mobility Technology

Verra Mobility Receives Contract Renewal from New York City

February 07, 2022

 

Verra Mobility Receives Contract Renewal from New York City

 

 

 

Three-year renewal of the photo enforcement contract to increase the number of red-light cameras, bus lane cameras and speed cameras, and include additional maintenance services

 

 

MESA, Ariz., Feb. 7, 2022  — Verra Mobility (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today that the New York City Department of Transportation exercised its second three-year renewal option under its photo enforcement contract with Verra Mobility. The contract, which was registered in 2014, presently covers hundreds of red-light, bus lane, mobile speed and fixed speed photo enforcement cameras that help promote safe driving behaviors.

Verra Mobility also provided additional speed cameras under a separate contract with New York City that commenced in late 2019.

This renewal provides for an expansion of 100 additional red-light cameras and 150 bus lane cameras, and it also includes certain negotiated price reductions. In addition, the renewal will cover the maintenance of the speed cameras that Verra Mobility installed under the 2019 contract.

These camera systems significantly lower the prevalence of dangerous driving behaviors like speeding and red-light running.

“We are proud to continue serving New York City in pursuit of its bold and transformative Vision Zero mission,” said David Roberts, president and CEO, Verra Mobility. “Our solutions play a key role in keeping drivers and pedestrians safe while helping make roadways smarter and more efficient.”

About Verra Mobility

Verra Mobility (NASDAQ: VRRM) is committed to developing and using the latest in technology and data intelligence to help make transportation safer and easier. As a global company operating in more than 15 countries, Verra Mobility sits at the center of the mobility ecosystem – one that brings together vehicles, devices, information, and people to solve the most complex challenges faced by our customers and the constituencies they serve.

Verra Mobility serves the world’s largest commercial fleets and rental car companies to manage tolling transactions and violations for millions of vehicles. As a leading provider of connected systems, Verra Mobility processes millions of transactions each year through integration and connectivity with hundreds of tolling and issuing authorities. Verra Mobility fosters the development of safe cities, partnering with law enforcement agencies, transportation departments and school districts, operating thousands of red-light, speed, bus lane and school bus stop arm safety cameras. Arizona-based Verra Mobility operates in North America, Europe, Asia, and Australia. For more information, please visit www.verramobility.com.

Forward Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about Verra Mobility’s plans, objectives, expectations, beliefs and intentions and other statements including words such as “hope,” “anticipate,” “may,” “believe,” “expect,” “intend,” “will,” “should,” “plan,” “estimate,” “predict,” “continue” and “potential” or the negative of these terms or other comparable terminology. The forward-looking statements herein represent the judgment of the Verra Mobility, as of the date of this release, and Verra Mobility disclaims any intent or obligation to update forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those currently anticipated. This press release should be read in conjunction with the information included in Verra Mobility’s other press releases, reports and other filings with the SEC and on the SEC website, www.sec.gov. Understanding the information contained in these filings is important in order to fully understand Verra Mobility’s reported financial results and our business outlook for future periods. Actual results may differ materially from the results anticipated in the forward-looking statements and the assumptions and estimates used as a basis for the forward-looking statements.

Investor Relations:
ir@verramobility.com

Media Relations:
Eric Krantz
eric.krantz@verramobility.com

TagMaster North America Welcomes Waldemar Batistella as Its New Vice President of Operations

January 08, 2020

 

 

 

TagMaster North America Welcomes Waldemar Batistella as Its New Vice President of Operations

 

 

 

Industry veteran Waldemar Batistella brings over 30 years of experience to TagMaster NA’s executive team

 

 

 

Tacoma, WA (January 2020) – TagMaster North America, Inc., a leading provider of advanced identification and mobility solutions, announces the appointment of industry veteran Waldemar Batistella as their new Vice President of Operations. As part of Batistella’s new position at TagMaster NA, he will oversee operations and product management as TagMaster NA continues to expand and diversify their product offerings in multiple platforms including long-range RFID, license plate recognition (LPR), and all-in-one software solutions.

 

Batistella brings over thirty years of industry experience to his new role with TagMaster NA. He is intimately familiar with numerous aspects of the parking and mobility industry, including electronic engineering with experience in both software and hardware development, product design from concept to conception, as well as business administration and project management.

“Batistella is a well-regarded figure in the industry,” said Ali Khaksar, President of TagMaster NA. “With over thirty years of industry experience, along with his extensive track record of managing successful large-scale projects, his insight and expertise make him a valuable addition to our executive team.”

TagMaster NA continues to earn its position as an industry leader, staying abreast of the ever-evolving industry standards and ahead of the curve with its wide breadth of identification solutions, including the CS-family of intelligent LPR cameras, dual platforms of long-range RFID technology, custom-tailored all-in-one software solutions, and the customizable Ground Transportation Management System (GTMS). “TagMaster NA has built an outstanding reputation and has driven a tremendous amount of success in our highly competitive industry,” said Batistella. “I am very excited to be a part of the TagMaster NA organization as it is uniquely positioned to continuously support the industry’s crescent demands for superior, faster, and accurate vehicle identification solutions.”

Batistella will contribute his well-established understanding of industry demands, project management, and product engineering to enhance TagMaster NA’s efforts innovating and developing high performance mobility solutions. “With our shared vision of providing superior identification solutions and outstanding support and service,” said Khaksar, “Batistella is a fitting addition to our team who will support our continued growth and success.”

Batistella holds an MBA, an MS in Electronics Engineering, and a PMP certification.

TagMaster North America, Inc. is a leading provider of identification solutions for automated vehicle identification (AVI) and rail-bound transportation. Collective technologies provide convenient and reliable platforms for applications throughout the Americas. TagMaster North America’s breadth of identification solutions are able to increase security, decrease environmental impact and add value to actualize and simplify vehicle access control for a wide array of projects. For more information on TagMaster products, support and services, visit www.TagMasterNA.com or contact us at Info@TagMasterNA.com | P:253.238.1421