Agreement reaffirms strong market presence in Eastern Canada
OAKVILLE, ON, March 4, 2013 /CNW/ - Siemens traffic technologies will be
more widely available to customers in Eastern Canada by way of a
recently signed deal with Electromega Ltd., a Quebec-based Canadian
leader in the sale and distribution of specialized products and
solutions for the traffic and intelligent transportation systems (ITS)
Under the agreement Electromega will represent Siemens Mobility's
traffic offerings, including advanced traffic management systems,
traffic controllers, adaptive traffic control and wireless travel time
measurement systems. The contract ensures a strong position in the
Ontario, Quebec and Atlantics markets for Siemens and offers
Electromega a significant expansion of its traffic and ITS portfolio.
Siemens is the leading supplier of traffic technologies in North
America, having manufactured hundreds of thousands of traffic
controllers. In Canada, Siemens traffic technology is implemented in
major metropolitan areas, including Toronto, Montreal and Vancouver.
"This agreement is an ideal partnership for us; both Siemens and
Electromega see the mobility challenges presented by urbanization and
are committed to offering efficient and effective traffic solutions to
cities. The deal allows Siemens to offer a broad portfolio of solutions
to our customers in Eastern Canada."
- Patrick O'Neill, VP Mobility and Logistics Division, Siemens Canada
"We are delighted to formalize an agreement with a company having such a
strong reputation and impressive portfolio in the traffic and ITS
industry like Siemens has. The Siemens solutions along with our
expertise will help to meet today's transportation challenges in an
innovative and efficient way."
- Pascal Lamoureux, CEO, Electromega Ltd.
About Siemens Canada
For more than 100 years the innovative ideas from Siemens have helped
make Canada a better place. From the Atlantic to Pacific oceans, more
than 4,500 employees in Canada work together to provide answers that
last in the fields of industry, energy, healthcare and infrastructure
solutions for cities. Since it was federally chartered in 1912, Siemens
has stood for technical achievements, innovation, quality and
reliability. Sales for Siemens in Canada in fiscal 2012 (ended
September 30), were $2.1 billion CAD. The company has 53 offices and 14
manufacturing/assembly facilities across Canada. Further information is
available at www.siemens.ca.
About Electromega Ltd.
For more than 35 years, Electromega is a Canadian leader in the design,
distribution and sales of specialized solutions for traffic control
applications, smart transportation systems, parking and LED
lighting. The company proposes and implements intelligent solutions…
for today's urban transportation challenges. Its Canadian clientele
includes public institutions, such as municipalities and governments,
major private corporations and SMBs. The Company also provides
consulting services, after-sales service and training with regards to
the products portfolio it sells. For more information please visit www.electromega.com
This press release may contain forward-looking statements based on the
beliefs of the management of Siemens Canada Limited and its affiliates.
The words "anticipate," "believe," "estimate," "forecast," "expect,"
"intend," "plan," "should," and "project," are used to identify
forward-looking statements. Such statements reflect the management's
current views with respect to future events and are subject to risks
and uncertainties. Many factors could cause the actual results to be
materially different, among others, changes in general economic and
business conditions, changes in currency exchange rate and interest
rates, introduction of competing products, lack of acceptance of new
products or services and changes in business strategy. Actual results
may vary materially from those projected here. Siemens Canada Limited
and its affiliates do not intend or assume any obligation to update
these forward-looking statements.
SOURCE: Siemens Canada Limited
For further information:
Contact for journalists:
Ann Adair, VP Communications & Strategy
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