Frost & Sullivan Lauds CS for Its Outstanding Growth and Market Penetration in the ETC Market for Intelligent Transport Systems

LONDON, December 17 - Based on its recent research on the electronic toll collecting (ETC)
market in the intelligent transport systems industry, Frost & Sullivan
presents CS with the 2009 European Frost & Sullivan Award for Market
Penetration Leadership. With a key focus on road-user charging market, CS
offers high-end tolling technologies and dedicated back office solution,
which are able to cope with the challenges in operation of the front office -
for example the receipt of invoices. Despite the limited number of ETC
projects that have been available so far, CS deserves recognition among its
competitors in terms of the extended list of implemented projects and
services it has provided to the customers.

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Rapid rise in traffic volumes coupled with increasing concerns over
environmental pollution, congestion and longer travel time have highlighted
the benefits of ETC solutions. These effective and reliable systems also
offer an additional source of revenue to implement further development
projects. The implementation of ETC systems has opened a new stage in the
operation, servicing and maintenance of traffic communication, and
facilitates the control of the road network and interoperability between
countries. The key challenge for the market concerns availability of ample
investment. New installations of ETC systems require heavy up front
investments and in a market where there are political uncertainties,
justifying the need for investment can be difficult.

"CS, however, demonstrates dedication and a strong determination to
establish itself as a key road-user charging provider, which has resulted in
it becoming one of the leading participants in the intelligent transport
systems market," says Frost & Sullivan research analyst Harish Baskar. "One
of the first companies to introduce tolling solutions, the company also has
the advantage of a very strong global presence."

CS is a key part of the consortium, which along with a strong partner for
the operation developed the first Suburban ETC systems worth euro 113 million
in the ring road of Dublin, Ireland in 2008. It is interoperable across
Ireland and is a technical exception as there are many service providers in
this small country, which has high recorded traffic volumes - approximately
120,000 vehicles per day. CS has established its technological leadership and
installation capability by installing two free flow toll gantries, which
integrate roadside solutions for vehicle detection and enforcement.

Following CS' successful venture on the A1 highway in October, 2008, it
won a second contract in Poland. This new project confirms CS as a reliable
end-to-end solution provider in intelligent transportation systems. Its
strong presence in the Eastern Europe is advantageous as the industry is
expected to see strong growth in this region.

In 2009, CS designed and supplied turnkey toll collection system for the
A6 highway section in Croatia through its subsidiary ECSAT. The system
includes fast ETC lanes for all vehicle classes, automatic toll lanes for
small and heavy vehicles and during peak traffic periods operators are
equipped with wireless PDAs to increase the capacity of their toll plaza.
Alongside the notable technological achievements in this state-of-the-art
system, the project was competed in only 5 months, which included all
activities from the design to deployment. Installation time was 2 weeks!

Besides its strong capability to provide turnkey solutions, CS can also
handle projects that are extremely complex. CS completed a large, rare and
complex closed tolling project mixed with urban road and standard tolling
system on the South Bay Expressway in San Diego (CA) in 2007 (this system is
capable of processing more than 50 million transactions a year) and designed
and supplied a turnkey free-flow system on the Golden Ears Bridge in
Vancouver (opening in 2009). These projects have been contracted by CS
subsidiary in US named Intrans Group.

CS was one of the first to develop dedicated short range communication
(DSRC) technology, with complete back office software that takes care of CRM,
billing, transaction management, open interoperable solutions and enforcement
as back office solutions in one product. CS offers an ERP solution dedicated
to tolling that is completely different to SAP, which is only adapted for
tolling.

CS continues to establish its technological leadership and further
positions itself as a major player for prospective projects, as for instance
the Truck Charging System in France.

In addition, the company is currently developing a cutting edge on-board
unit (OBU) for satellite tolling with enhanced power saving capability. Its
patented algorithm to save the power on its global navigation satellite
systems (GNSS) OBU is very innovative as many of its competitors have their
OBU connected to permanent power supply in their vehicles.

"CS is aiming to produce an OBU, which is self powered, reliable, robust
and comes with a highly competitive price," notes Baskar. "Currently GNSS
OBUs are in the range 120 to 130 Euros."

Further, CS is working to use the enhanced GPS technology called EGNOS
developed by ESA. This is a major step forward in CS' GNSS technology because
when it comes to collecting tags or toll payments, there is a need to have a
third party to ensure that the position of the vehicle is correct. Most GPS
technologies offered do not have sufficient precision and certification, but
by partnering with EGNOS experts, CS has a strategic competitive advantage
over its competitors.

CS is also actively working on new ways to enhance video tolling
technology, classifying the vehicle based on vehicle biometrics. Features
such as vehicle recognition by the top of a vehicle's license plate, vehicles
make and model characteristics are the future. CS's new camera technology
also studies small but complex image processing capabilities that would make
overhead gantries very light. This is useful in cities, where installing a
large number of vehicle classification devices such as lasers and antennas
are difficult.

Overall, CS has exhibited strong growth with its robust technology and
continuous focus on innovation. These achievements make it the worthy
recipient of the 2009 European Frost & Sullivan Award for Market Penetration
Leadership in the ETC market. Each year, Frost & Sullivan presents this award
to a company that has demonstrated excellence in capturing the fastest
measured rate of change of market share within its industry. The award
recognizes how fast a company increases its penetration of a market, in terms
of revenues or units as specified.

Frost & Sullivan Best Practices Awards recognize companies in a variety
of regional and global markets for demonstrating outstanding achievement and
superior performance in areas such as leadership, technological innovation,
customer service, and strategic product development. Industry analysts
compare market participants and measure performance through in-depth
interviews, analysis, and extensive secondary research in order to identify
best practices in the industry.

About CS

CS has been in the tolling arena for over 40 years. CS design integrates
and operates innovative turnkey systems for tolling. CS expertise in mission
critical applications and systems makes it the partner of choice in major
economic sectors, such as defense, space & security, aeronautics,
transportation, energy and industry. The company in the transportation area
offers toll collection systems, MLFF systems, traffic safety and congestion
charging, fleet management and public transport information systems.

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Contact:

Ciara Jamie Connolly, Senior Events & Promotions Executive/ EMEA, Best
Practices, Frost & Sullivan, ciara.connolly@frost.com,
P: +44-(0)-207-915-7868, F: +44-(0)-207-730-3343 www.frost.com

Ciara Jamie Connolly, Senior Events & Promotions Executive/ EMEA, Best Practices, Frost & Sullivan, +44-(0)-207-915-7868, fax, +44-(0)-207-730-3343, ciara.connolly at frost.com