Enhances toll, violation management and clean air zone
compliance solutions for rental, fleets and issuing
authorities
MESA,
Ariz., July 18, 2022 /PRNewswire/ -- Verra
Mobility (NASDAQ: VRRM), a leading provider of smart mobility
technology solutions, announced today it is continuing to
expand its European operations with new contract wins, partnerships
and strategic memberships to further solve complex challenges for
rental, fleet and issuing authorities operating within Europe's evolving transportation
infrastructure.
As European tollways migrate to cashless collection and
municipalities expand air quality initiatives, fleets and agencies
are turning to Verra Mobility's solutions to address toll
interoperability, payments and vehicle violation compliance
requirements.
Recent European customer agreements, partnerships and
memberships include:
Road User Charges Violation Management
Contract
Verra Mobility was awarded a contract by the UK Department for
Transport's National Highways to recover unpaid road user charges
and applicable penalties for the free-flow Dartford-Thurrock River
Crossing, where the liable person resides outside the United Kingdom. Verra Mobility's proven
software technology and violation management services have become
increasingly popular in regions with significant cross-border
travel to ensure fees are recovered from drivers of
foreign-registered vehicles who utilize this vital road network in
the UK.
Clean Air Zone Violation Management
Partnership
Verra Mobility entered a partnership with the Joint Air Quality
Unit (JAQU), a joint initiative of the Department for Environment,
Food & Rural Affairs (Defra) and the Department for Transport
(DfT). In this partnership Verra Mobility will supply technical
information for non-UK registered vehicles, enabling Clean Air Zone
(CAZ) authorities to issue penalties for non-compliant vehicles
entering from outside the UK.
Association of Electronic Toll and
Interoperable Services (AETIS)
Verra Mobility was approved as a member of AETIS, a non-profit
representing 18 EETS (European Electronic Toll Service) providers
across the European Union. AETIS convenes often to align on
regulatory positions and advocate for the industry. Membership in
AETIS supports Verra Mobility in its goal to contribute to a
responsible and efficient framework for all electronic tolling in
Europe.
"These partner agreements are a critical next step as we expand
our European footprint in tolling services and violation
management," said Tsjerk-Friso Roelfzema, general manager
Europe, Verra Mobility. "Verra
Mobility makes road travel in Europe more seamless and connected by
providing toll solutions to our global rental car partners. We are
also excited to further enhance our violation management solutions
for clean air zone compliance and recovering unpaid road user
charges."
The company's proprietary software technology is helping
customers adapt and shift to cashless and automated tolling while
solving complex payments and compliance challenges of automated
tolling, new road usage charging and congestion programs and other
vehicle-based costs.
About Verra Mobility
Verra Mobility (NASDAQ: VRRM) is a leading provider of smart
mobility technology solutions that make transportation safer,
smarter and more connected. The company sits at the center of the
mobility ecosystem, bringing together vehicles, hardware, software,
data and people to enable safe, efficient solutions for customers
globally. Verra Mobility's transportation safety systems and
parking management solutions protect lives, improve urban and
motorway mobility and support healthier communities. The company
also solves complex payment, utilization and compliance challenges
for fleet owners and rental car companies. Headquartered in
Arizona, Verra Mobility operates
in North America, Europe, Asia
and Australia. For more
information, please 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. The
forward-looking statements herein represent the judgment of the
Verra Mobility, as of the date of this release, and Verra Mobility
disclaims any intent or obligation to update forward-looking
statements. Forward-looking statements involve risks and
uncertainties that could cause actual results to differ materially
from those currently anticipated. This press release should be read
in conjunction with the information included in Verra Mobility's
other press releases, reports and other filings with the SEC and on
the SEC website, www.sec.gov. Understanding the information
contained in these filings is important in order to fully
understand Verra Mobility's reported financial results and our
business outlook for future periods. 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.
Additional Information
We periodically provide information for investors on our
corporate website, www.verramobility.com, and our investor
relations website, ir.verramobility.com.
We intend to use our website as a means of disclosing material
non-public information and for complying with disclosure
obligations under Regulation FD. Accordingly, investors should
monitor our website, in addition to following the Company's press
releases, SEC filings and public conference calls and webcasts.
Media
Relations:
|
Investor
Relations:
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Eric Krantz
|
Mark Zindler
|
eric.krantz@verramobility.com
|
mark.zindler@verramobility.com
|
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SOURCE Verra Mobility