Australian company buys America's Smart Bus system

Redflex Traffic Systems has bought the two leading providers of automated school bus photo enforcement in the United States

May 21, 2012

Australian digital imaging company Redflex Traffic Systems has bought the leading providers of automated school bus photo enforcement in the United States.

In statement released today, Redflex announced it had bought American companies SBL Investments and Americore, providers of the on-bus photo enforcement system, Smart Bus.

"The acquisition positions Redflex as a leading provider of school bus safety photo enforcement technology at a time when more and more school districts are using technology to deter reckless drivers who ignore school bus safety laws and put children at risk," the statement says.

The first transaction is reportedly valued at $4.5 million, with more payments due over the next four years.

Under the agreement, SBL and Americore will operate as separate entities with Redflex as owner.

Redflex CEO Graham Davies says Smart Bus President and CEO Tim O’Connor will be retained as the school bus operations president.

"We are pleased that Tom has agreed to lead our North American school bus arm enforcement operations and that his leadership and staff will remain in place," Davies says.

"The acquisition of Smart Bus further solidifies our position in photo enforcement globally, and expands the opportunity to provide products and services into this emerging market."

Redflex plans to merge its recently introduced Redflex Student Guardian system with the Smart Bus system.

According to Redflex, ten states, globally,
allow the use of school bus arm enforcement technology and at least ten others are considering legislation to allow it.

Based in Melbourne, Redflex Traffic Systems is an Australian company formed in 1997 to provide digital imaging solutions for traffic enforcement and management.

Redflex Holdings Limited Group is listed on the Australian Stock Exchange.

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