Econolite Group Companies Aegis ITS and Team Econolite to Merge
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Consolidation of division resources designed to better serve customers
Anaheim, Calif., October 12, 2011 - Aegis ITS, an Econolite Group, Inc. company, today announced it will merge with fellow Econolite Group company, Team Econolite, to form a single division - Aegis ITS. The consolidation of Team Econolite into Aegis ITS, effective January 1, 2012, is designed to provide complete Intelligent Transportation Systems (ITS) services, streamlining operational processes for enhanced customer service.
"As part of our ongoing efforts to offer customers a complete spectrum of services, this restructuring will significantly enhance our market responsiveness by consolidating our technical and support capabilities," said Aegis ITS Chief Operating Officer Douglas Terry. "In addition, by combining Team Econolite's operations and maintenance expertise with our core competencies of ITS program management, software development, system engineering, integration and deployment, we offer our customers support throughout the ITS lifecycle."
According to Aegis ITS, there will be no change to Team Econolite's current operations and maintenance contracts and services. "We've put into place the processes and resources to ensure that this transition will be transparent," continued Terry. "The integration of the Team Econolite operations and maintenance capabilities with Aegis ITS offers customers of both Aegis and Team Econolite a complete portfolio of ITS services."
About Aegis ITS
The newest member of the Econolite Group of companies, Aegis ITS was founded in 2009 to offer services with the same level of quality and commitment to customers Econolite brings to its transportation product offerings. Aegis ITS offers complete engineering and systems integration services for intelligent transportation systems.
For more information about Aegis ITS, visit www.aegisits.com.
About Econolite Group
Econolite Group, Inc. (EGI) was formed as the umbrella organization to a group of privately held companies that serve the traffic management, aerospace, medical, and broadcasting industries. The EGI companies include Econolite Control Products and Econolite Canada (Econolite), Safetran Traffic Systems (Safetran), California Chassis, and Aegis ITS. For more information about Econolite, visit www.econolitegroup.com.
