Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Bombardier, maker of planes and trains and other things -- Ignore unavailable to you. Want to Upgrade?

To: Gilbert Drapeau who wrote (840)	1/13/2001 12:29:36 PM
From: Gilbert Drapeau	Read Replies (1) \| Respond to of 1177

With Bombardier, Alcatel wins Automatic Train Control system contract for new Las Vegas monorail Paris, January 11, 2001 - Alcatel has been awarded the contract for the Automatic Train Control (ATC) system for the new Las Vegas driverless monorail system, now under construction. Bombardier will supply and install the comprehensive electrical and electro-mechanical systems of the line. The contract is valued at 12 million Euros. Alcatel, through its Transport Automation Canadian unit, will provide its industry leading communications-based technology (CBTC) for mass transit train control. The Alcatel solution will be based on a 2.4 GHz wireless network allowing direct communication between wayside control units and train vehicles. It provides a number of benefits including operation flexibility, reduced equipment along the track, and easier maintenance. The new monorail will run over 6,4 km and will provide direct service to 8 major resort properties as well as to the Las Vegas convention center. It is expected to carry 19 million passengers per year when the service starts in 2004. Following similar train control implementations in Tampa airport, Newark international airport, DisneyWorld and Jacksonville's Automated Skyway, this contract reinforces Alcatel's leading position as provider of advanced train control solutions for small to medium-sized mass transit operations. About Alcatel Alcatel builds next generation networks, delivering integrated end-to-end voice and data communications solutions to established and new carriers, as well as enterprises and consumers worldwide. With 120,000 employees and sales of 23 billion Euros in 1999, Alcatel operates in more than 130 countries. About Alcatel's Transport Automation Systems Alcatel is a worldwide supplier for train control, signaling, interlocking, control centers, and integrated rail communications. With a work force of 2,300 and sales of 450 million Euros, it operates mainly in Austria, Canada, France, Germany, Portugal, Spain, Switzerland, UK, and USA. For Mass Transit operators, Alcatel's offering is based on its proven SELTRAC ® ( communications-based train control system) and SELNET ® (central supervision system) solutions. Contact press@www.alcatel.com