Traffic Technologies (TTI)

Shares / Stock Code

TTI

Stock Exchange / Sharemarket

ax

Traffic Technologies (TTI) provides services and hardware to the road industry. It has three divisions: Traffic Management, Traffic Signals & Hardware and Traffic Signs. It specialises in the development, marketing and sale of its Smart Traffic Light product, which utilises LED technology. The Smart Traffic Light can improve performance of traffic lights whilst reducing the power consumption and maintenance costs for road traffic authorities.

Traffic Technologies (formerly Infosentials Limited) was listed on the Australian stock market (ASX) in February 1998. Its shares were suspended from 2000, and after extensive restructuring, was relisted on the ASX in January 2004 under the name Traffic Technologies Limited. In 2004, the company acquired Traffic Services Australia (TSA), one of Australia's largest traffic management companies.

The traffic services industry is currently fragmented. The acquisition of Traffic Services Australia has provided TTI with a first mover advantage in consolidating this industry. Its traffic management division is the largest in Australia and is the only national operator.

Its major competitors are manufacturers of traffic lights using traditional incandescent or halogen globes. Customers of its hardware services include the Australian and international road authorities, rail authorities, and councils.

The Traffic Products division includes Technical Products segment and Signage segment. Technical Products specializes in the design, manufacture and installation of traffic signals and emergency telephones, supply of parking meters, and design and manufacture of portable roadside technology. Signage provides a range of traffic signs, traffic control products and traffic cones to road traffic authorities, municipal councils and construction companies.

Traffic Services provides labor hire (traffic controllers) and equipment hire (barrier guard and portable roadside technology) services to road traffic authorities and construction companies. On May 16, 2008, the Company sold its Guard Rail Installations business and assets.

BARRIERGUARD 800

The BarrierGuard 800 is a new generation temporary roadworks barrier that provides levels of safety in many roadworks zones previously not considered to be either possible or economical. It is a TL4 rated Temporary Steel Barrier.

The containment and deflection performance levels of the BarrierGuard800 are equal or better than any other currently available systems. Due to its light weight and quick and easy installation, the BarrierGuard800 is extremely economical in terms of transport and deployment. The BarrierGuard 800 is an ideal system for short duration roadworks, jobs where there is frequent moves of roadworks, or jobs situated in distant locations.

The BarrierGuard 800 has been approved for use in Victoria, Queensland, New South Wales and Western Australia by the State Road Authorities and also the FHWA. Full technical backup is available from our in house team of barrier specialists. The BarrierGuard 800 can be used with approved end treatments such as the Universal TAU-II and the Absorb 350.