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Latest NewsSeptember 2007ST Electronics Wins S$60m Contract In The Kingdom Of Saudi Arabia To deliver Integrated Traffic Management and Security Systems for Automated Traffic Violations Administering and Monitoring (ATVAM) Singapore, 13 September 2007 — Singapore Technologies Electronics Limited (ST Electronics), today announced that its wholly-owned subsidiary, ST Electronics (Info-Comm Systems) Pte Ltd, has won a contract worth about S$60m to provide Integrated Traffic Management and Security Systems for the Automated Traffic Violations Administering and Monitoring (ATVAM) project awarded by the General Traffic Directorate / Ministry of Interior (MOI) for the Kingdom of Saudi Arabia. ST Electronics is the electronics arm of ST Engineering. This contract award is not expected to have any material impact on the consolidated net tangible assets per share and earnings per share of ST Engineering for the current financial year. ST Electronics will work closely with the Consortium of Al-Afandi of Saudi Arabia to design, supply, implement, operate and maintain an Intelligent Transport Management and Security System for three major areas of the Kingdom of Saudi Arabia. The three regions include the Eastern Province (Dammam, Khobar and Dhahran), Aseer Province (Abha, Khamis Mushait and Ahad Rufaidah) and Tabuk City. This solution includes an Integrated Traffic Management Central Control System, Traffic Signal and Control Management System, Dynamic Message Signs System, Video-based Incident Detection System, Vehicle Tracking Security System (License Plate Recognition), Mobile Vehicle Tracking Security System and Automatic Vehicle Locator System. Built on an open architecture, this highly automated and robust system will deploy state-of-the-art technologies to provide early detection of incidents on the road, enhance road safety, minimise traffic congestion, enhance security and ensure smooth integration of various sub-systems. ST Electronics will deliver the Intelligent Transport Management System over a period of 2 years from early 2008. It won this contract against competition from major international players. The winning of this contract has escalated ST Electronics’ global status as a leading infocomm technologies solutions provider for intelligent transportation system.
ST Electronics’ competitive edge lies in its expertise to customise complex system solutions that optimise the system’s performance for the benefit of its stakeholders. ST Electronics’ strong investment in research and development has earned many awards and patents for its ability to develop cutting-edge technologies and solutions in this field. Its expertise in customising intelligent transport systems and solutions is evidenced by its supplying these systems to the local as well as overseas transport authorities. Some of these authorities include the Singapore Land Transport Authority (LTA) and China Suzhou City Public Security Bureau. ST Electronics jointly developed i-Transport, a large-scale transport system, with LTA. This solution suite fully integrates existing intelligent transport systems into a unified platform. The benefits of this system include timely dissemination of traffic information to road users; efficient and cost-effective means of managing traffic flow; automated decision support and traffic simulation system via an expert system. ST Electronics’ recent successes in the Middle East include an Integrated Security System for Festival Waterfront Centre in Dubai Festival City, a security consultancy in Qatar, Variable Messaging Systems (VMS) in Oman and VSAT hubs in various regions. It also provided building security systems for CCTV, fire protection and camera surveillance for Doha’s old Souq for the 2006 Asian Games. Al-Afandi Establishment is a 100% Saudi-owned establishment with over forty years of local experience in government contracts, large construction, developments, technology innovation and application, operation and maintenance, electrical, mechanical, communication, security and electronics works. ST Electronics (Info-Comm Systems) is a wholly-owned subsidiary of Singapore Technologies Electronics Limited. It is a leading solutions house in the Asia Pacific region for infocommunications, advanced electronics and intelligent transportation businesses. From design and development to production, system integration, maintenance and enhancement, it has become a one-stop solutions house and a strong partner for its commercial, government, defence and homeland security customers worldwide. Its core business areas include emergency response and integrated security & surveillance systems, e-Government infocommunication and enterprise solutions, intelligent traffic and advanced fleet management systems, infocomm security products and solutions, and managed operations services. Please visit www.stee.stengg.com. ST Electronics, the electronics arm of ST Engineering, delivers innovative system solutions to government, commercial, defence, and industrial customers worldwide. It specialises in the design, development and integration of advanced electronics and communications systems, such as broadband radio frequency and satellite communication, e-Government solutions, information communications technologies and IT, rail and traffic management, real-time command & control, training and simulation, intelligent building management, and information security and mobile commerce solutions. Please visit www.stee.stengg.com. Media contact:Magdalen Loh
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We found in ST Electronics a good partner to provide an integrated transportation solution for this project as they have been actively involved with the Land Transport Authority in the development of the good transportation system here in Singapore. The two companies have a good understanding of the needs in the area of transportation and will certainly work towards delivering an advanced system for Saudi Arabia.
Mr Mohammed Adnan Nizamuddin
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