- Verra Mobility receives critical European certification to
enable a more seamless interoperable toll experience throughout
Europe
MESA, Ariz., June 15, 2021 /PRNewswire/ -- Verra Mobility
Corporation (NASDAQ: VRRM), a leading provider of smart
mobility technology solutions, announces today that its subsidiary
has gained certification as a European Electronic Toll Service
(EETS) provider, becoming the first EETS-accredited company in
Spain. Verra Mobility is a global
provider of toll management services in the rental car, fleet
management and consumer segments.
EETS regulation applies to all EU member states with current or
future toll infrastructure development plans and targets to
facilitate daily operations for road users, improve traffic flow
and reduce congestion by limiting cash transactions at toll
stations and eliminating complex procedures for occasional toll
road users.
"The EETS Directive is a major step by the European Commission
to improve a fragmented toll payment infrastructure across the
European Union road network", stated Tsjerk-Friso Roelfzema, Senior
Vice President and General Manager for Verra Mobility Europe. "It
will help to create higher transparency for both toll users and
chargers and remove the challenges of cross border travel in
countries with extensive tolling infrastructure like Spain, Portugal, France, Italy, the UK, Ireland, and others."
With 15 years of international tolling experience, Verra
Mobility offers innovative toll management services for commercial
fleets and consumers across Europe, including managing on-board units,
guaranteeing payments, and integrating with toll operators. The
company provides hardware and software solutions, removing the
complexity of European toll payments, and enabling its customers to
focus on their core business.
"We believe our services offer a tremendous amount of
convenience and value," stated Roelfzema. "We are excited about our
EETS certification which will enhance and extend our current toll
related services across more borders. Our goal is to provide a
truly pan-European toll management solution, for each vehicle to be
equipped with only one on-board unit associated with one account.
Our services will become increasingly important as Road User
Charging progresses in member states."
With the newly granted EETS certification, the company will
continue to work with its valued partners and accelerate the
expansion of its toll solutions to provide improved toll services
and a truly unified European tolling experience.
About Verra Mobility
Verra Mobility is committed to developing and using the latest
in technology and data intelligence to help make transportation
safer and easier. As a global company, Verra Mobility sits at the
center of the mobility ecosystem – one that brings together
vehicles, devices, information, and people to solve complex
challenges faced by our customers and the constituencies they
serve.
Verra Mobility serves the world's largest commercial fleets and
rental car companies to manage tolling transactions and violations
for millions of vehicles. As a leading provider of connected
systems, Verra Mobility processes millions of transactions each
year through integration with more than 50 individual tolling
authorities and connectivity with more than 450 issuing
authorities. Verra Mobility also fosters the development of safe
cities, partnering with law enforcement agencies, transportation
departments, and school districts across North America operating thousands of
red-light, speed, bus lane and school bus stop arm safety cameras.
Arizona-based Verra Mobility
operates in more than 15 countries. For more information, visit
www.verramobility.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of
1995. Such statements include, but are not limited to, statements
about Verra 'Mobility's plans, objectives, expectations, beliefs
and intentions and other statements including words such as "hope,"
"anticipate," "may," "believe," "expect," "intend," "will,"
"should," "plan," "estimate," "predict," "continue" and "potential"
or the negative of these terms or other comparable terminology.
Such statements are based upon the current beliefs and expectations
of the management of Verra Mobility and are subject to many risks
and uncertainties. Actual results may differ materially from the
results anticipated in the forward-looking statements and the
assumptions and estimates used as a basis for the forward-looking
statements.
Investor Relations Contact
Sajid Daudi
480-596-2050
ir@verramobility.com
Media Contact
Scott Brown
(480) 443-7000
media@verramobility.com
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