Sugar Land Texas (PRWEB) March 07, 2014
Trafficware Group, Inc. announced that it has acquired PSI Acquisition, LLC, an Oregon-based manufacturing company that specializes in intelligent traffic solutions. Their product line includes a variety of CALTRANS traffic control cabinets, controllers and conflict monitors, innovative power backup technology, and industry-leading Cyberlock Security Access System.
“Trafficware is committed to bringing innovation and technology to the traffic industry, as well as a broad portfolio of products. Our goal is to equip our customers with the ability to solve the most complex traffic management problems, whether through organic product development, partnership, or acquisition,” said Jon Newhard, CEO of Trafficware. PSI’s product line includes 33X series cabinets, 170 controllers, 218 conflict monitors, and the CUB-20 power back-up generator. “The acquisition of PSI represents another step in this process by bringing quality CALTRANS approved cabinets into the Trafficware family,” adds Newhard.
“We are pleased to have the PSI products in the hands of a great company like Trafficware, which has the infrastructure and scale to make the most of our innovations.” said Tim Hysell, CEO of PSI. “It also gives us comfort to have PSI’s customers serviced by a customer-centric company like Trafficware which has been known for its reliability, flexibility, and ability to solve complex traffic problems for decades. Our shared corporate values make this a great fit for everyone, most notably our customers.”
Trafficware specializes in research, design, and development of electronic equipment and enterprise software designed to enhance the transportation industry. Our industry expertise comes from hands-on experience attained while solving traffic management challenges across the country since 1979; our in-house team, including professional traffic engineers, hardware and software design and development staff, manufacturing personnel, and customer service/field application engineers; and regular dialogue with our customers to address their real-world operational issues and future traffic management requirements. Trafficware manufactures a full line of traffic equipment in its 90,000 square-foot technology center located in Sugar Land, Texas. In over three decades of manufacturing in the USA, our products have earned a reputation for unmatched quality and reliability. Through our innovative technology and breadth of knowledge and experience, Trafficware is engineering a better way to move the world.